You’ve probably been hearing a lot about the advance child tax credit payments coming this summer. The credit isn’t new but rather an expansion of the existing child tax credit. It’s more money for more families–and those families will receive the credit each month in the form of advance payments.
There’s a lot of confusion from who qualifies to how to opt-out. To help you keep it straight, check out What You Need to Know About Advance Child Tax Credit Payments (on Bloomberg Tax, outside of the paywall).
If listening is more your style, you can find out more about the child tax credit on this recent episode of the Taxgirl Podcast.
Every week, you can find my column on Bloomberg Tax. Currently, there is no handy notification or alarm when my column goes live on Bloomberg – but that could be changing soon. For now, I’ll post the links here on Taxgirl. And for even more tax news, follow me on Twitter at @taxgirl.
