Joe Biden
Posted inEconomy

August Child Tax Credit – Details on the $1,400 Per Person and $3,600 CTC Payments

The American Rescue Plan (ARP) continues to be a cornerstone of financial support for millions of Americans, offering vital relief through the $1,400 per person stimulus payments and the expanded Child Tax Credit (CTC). As 2024 approaches, it's important to stay informed about the updates to these benefits, who qualifies, and how they can impact ... Read more
Joe Biden
Posted inEconomy

Child Tax Credit Update – What’s New in 2024

The Child Tax Credit (CTC) has long been a lifeline for many American taxpayers. Now, Senate Majority Leader Chuck Schumer aims to bring a significant House bill to the Senate in early August. This bill proposes expanding the CTC, part of a $79 billion package, though its approval remains uncertain. Bipartisan Support The Tax Relief ... Read more