Tax preparers are bracing for a long and confusing tax season because of stimulus checks and the child tax credits that Americans got in 2021.
Certified public accountant Roy Mitchell says for those who didn't get all they were owed — up to $3,600 per child — now is the time to claim it."The short answer there is there will be someplace on there to make that claim, yes," Mitchell said.Confusion over smaller tax refunds
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West Virginians scramble to get by after Manchin kills child tax creditsWithout those monthly checks, 50,000 children in the state the centrist senator represents could sink into deep poverty. MsReads via GuardianUS
Source: MsMagazine - 🏆 378. / 59 Read more »
What If Congress Made The Child Tax Credit Taxable?I am author of the book 'Caring for Our Parents' and senior fellow at The Urban Institute, where I am affiliated with the Tax Policy Center and the Program on Retirement Policy. I also write a tax and budget policy blog, TaxVox, which you may read at Forbes.com or at http://taxvox.taxpolicycenter.org/ Before joining Urban, I was a senior correspondent in the Washington bureau of Business Week.
Source: Forbes - 🏆 394. / 53 Read more »
Down but not out: Dems plot course for Child Tax Credit as payments endThey may have put it aside for now, but Democrats have not given up on trying to revive their expansion of the Child Tax Credit P.O.S., PURE EVIL GREED. Yeah right we are not that stupid Seems Sen. Joe Manchin will trade his vote on getting the voting rights bills on to the floor of the Senate for Democrats stopping President Biden’s more progressive parts of the Build Back Better agenda, and that might have been his plan all a long.
Source: politico - 🏆 381. / 59 Read more »
Goodbye ‘Godsend': Expiration of Child Tax Credits Hits HomeFor the first time in half a year, families on Friday are going without a monthly deposit from the child tax credit.
Source: nbcchicago - 🏆 545. / 51 Read more »
Why This Week's Child-Tax-Credit Checks Aren't Coming - The Journal. - WSJ PodcastsDemocrats gambled that their expanded child tax credit would be so popular, Congress wouldn't let it lapse. It just lapsed. WSJ's Richard Rubin explains why the monthly checks for parents are ending, and dad Jamie Herrington discusses what it means for his family.
Source: WSJ - 🏆 98. / 63 Read more »
Jeannie Mai of 'The Real' welcomes 1st child with rapper JeezyJeannie Mai Jenkins, co-host of “The Real,” has welcomed her first child with husband and rapper Jeezy.
Source: FOX4 - 🏆 289. / 63 Read more »