American Rescue Plan changes to the Child Tax Credit

From Thomson Reuters/Pinnacle CPA Advisory Group — Dear Client, The new American Rescue Plan Act of 2021 (ARPA) was signed into law on 3/11/21. It includes significant changes to the Child Tax Credit (CTC) rules. These changes are temporary and only apply to the 2021 tax year. However, they will be a big help to … Continue reading American Rescue Plan changes to the Child Tax Credit