The Internal Revenue Service is on track to send the monthly advanced payments for the Child Tax Credit (CTC) starting in July, according to IRS Commissioner Charles Rettig. The payments are worth up to $300 per child. The agency is also launching a portal where taxpayers will be able to Read more…
The IRS will automatically adjust returns for people who filed before the unemployment tax break became law, but taxpayers can also take action on their own. The Internal Revenue Service says it will automatically adjust tax returns and issue extra refunds for people who already filed their taxes before a valuable jobless Read more…
Michael KeenanTue, March 2, 2021, 12:27 PM Generally, the sooner you file your taxes, the sooner you’ll see your refund in the bank (and it reduces the chances of tax fraud). The amount that you receive — if any — depends on a number of factors, including how much of Read more…
