New law: Parents and other eligible Americans to receive direct payments

AGI (Adjustable Gross Income), American Rescue Plan Act, Child Tax Credit, Income Tax /

The American Rescue Plan Act, signed into law on March 11, provides a variety of tax and financial relief to help mitigate the effects of the COVID-19 pandemic. Among the many initiatives are direct payments that will be made to eligible individuals. And parents under certain income thresholds will also receive additional payments in the […]

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