Tag Archive for: child tax credit

When Does The IRS Start Processing Tax Returns With Child Tax Credit?

For those eagerly awaiting their tax returns, understanding the processing timelines is crucial. The IRS provides valuable information to address common queries and concerns in return processing, especially when claiming the Child Tax Credit.
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3 IRS Deductions You Can’t Take This Year, Experts Warn

Before you file, you'll want to be aware of any changes for the 2023 tax season. Experts warn that there are a few key deductions you can't take this year—which could affect what your refund adds up to. There are also a few updates to tax credits as well. CLICK ON THE HEADLINE FOR MORE
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Tax Benefits 2022: What Are The Benefits That Are Reversing The Tax Rules?

To better understand how the main tax advantages will alter over the upcoming tax season, CLICK ON THE HEADLINE
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Romney Child Tax Credit Proposal Could Be A Lifeline — But It Has Some Big Flaws

Dubbed the The Family Security Act 2.0, Senator Mitt Romney is eager to bring the boosted Child Tax Credit back to life. But while his proposal is a positive one in nature, it has a couple of major flaws. CLICK ON THE HEADLINE FOR MORE
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There May Still Be Hope For Monthly Child Tax Credit Payments In 2022. Here’s Why

While last year's push to expand the enhanced Child Tax Credit benefits was unsuccessful, it appears that lawmakers haven't given up the fight just yet — so there could still be hope for monthly tax credit payments in 2022. CLICK ON THE HEADLINE FOR MORE
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Stimulus Check Update: President Biden Feels Strongly About Providing This Stimulus Money In 2022

President Biden just spoke about a wide range of issues including legislation he would like to see passed by Congress in 2022. He referred to both the Child Tax Credit and the Community College Plan as "massive things" but wasn't sure he'd be able to get either a credit extension or his community college plan into the Build Back Better legislation. CLICK ON THE HEADLINE FOR MORE