Advances of child tax credit spark payroll questions.

PositionIn The News....

Starting in July, the American Rescue Plan requires the IRS to send advances of the child tax credit (about $300 per child each month) to qualified parents. But the advance credits are tricky. And the tax and payroll problems--including double-dipping and phase-out rules--are just now...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT