Child Tax Credit

As I wrote last week, you may be set to receive Advance Child Tax Credit payments if you received a Child Tax Credit on the last tax return that you filed and your income qualifies you for the payments. You should have received a letter from the IRS about this if you qualify. Essentially, (again, if you qualify) the IRS will be sending half of your estimated 2021 Child Tax Credit as advance payments from July through December. If you want to learn more about Advance Child Tax Credit payments, you can find the article here. Read More

Kids are expensive. According to the USDA, the cost of a middle-income married couple raising a child born in 2015 was expected to be $233,610 from birth through the child’s age 17¹. That seems like an insane amount of money. Luckily, a law passed earlier this year may help out with a small portion of your 2021 expenses. Read More