Life is full of significant milestones that shape our futures and impact our finances. Two of the most transformative events that many people experience are marriage and parenthood. While these events bring joy and fulfillment, they also come with various financial considerations, including tax impacts. Understanding how marriage and having a baby affect your taxes […]
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Advance Child Tax Credit Payments: What Are They & How To Get Them
History of Child Tax Credit The child tax credit (CTC) was created in 1997. The CTC is essentially a federal grant program. It is estimated that more than 30 million households are eligible for the CTC that requires annual distributions of funds. The IRS is the only agency equipped to handle such a huge continuing […]
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