Advising Clients on the Child Tax Credit | Canopy
More than 36 million families will receive letters from the IRS in the coming weeks. But this time, it’s good news and you can ease your clients’ worry when they call you freaking out. Starting July 15, all eligible households will start receiving advanced Child Tax Credit payments every month through December of this year. In part with the American Rescue Plan, the goal of this credit is to lift more than five million children out of poverty.