The U.S. Treasury Department has announced the launch of a revamped website, ChildTaxCredit.gov, with new tools intended to help eligible taxpayers access the remainder (or the full amount) of the expanded Child Tax Credit (CTC). The American Rescue Plan Act (ARPA) expanded the CTC and gave low-income families access to the full amount of the credit. The ARPA also allowed the IRS to distribute half of the tax credit to families through monthly payments. Eligible families received advance CTC monthly payments from July through Dec. 2021. To receive the other half of their payments, taxpayers must file a tax return. Talk to us for more information on the CTC or visit: https://bit.ly/32CPVmZ Call or visit our website for more information! www.mjscpa.com/
