Tag: American Rescue Plan

Tax Code, Regulations and Guidance

Child Tax Credit Definition

December 9, 2021

Via: Investopedia

What Is the Child Tax Credit? The child tax credit is a tax benefit granted to American taxpayers for each qualifying dependent child.1 Designed to help taxpayers support their families, this credit was greatly expanded for 2021 taxes by the […]

Tax Code, Regulations and Guidance

President Biden Signs American Rescue Plan Act, Addresses Nation

March 12, 2021


On the same day he signed the $1.9 trillion American Rescue Plan Act of 2021, President Joe Biden delivered a speech to the nation, saying that the new law “meets the moment” and urging everyone to get vaccinated. Biden directed […]