Browsing: IRS

The IRS is trying to figure out how to avoid increased audits on taxpayers who make less than $400,000 a…

In 2021, the Internal Revenue Service (IRS) made projections that the American Rescue Plan would lift some 5 million children out of poverty.

There are reliable indications that the IRS will start payment of child tax credit by July. Here are the things to expect. 

Child tax credit may likely be increased for eligible families. This is occurring because a bipartisan bill is passing through…