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What Taxpayers Need to Know About the Increased Child Tax Credit in 2021
June 17, 2021
The American Rescue Plan Act (the “ARPA”) of 2021 recently increased the amount taxpayers can receive for the Child Tax Credit. For a taxpayer’s 2021 tax returns, the amount was increased by $1,000 (from $2,000 to $3,000) for children between the age of 6 and 18 at the end of the 2021 ca... Read more >