Making Sense of the Advance Child Tax Credit

Episode 16 July 15, 2021 00:06:54
Making Sense of the Advance Child Tax Credit
John G. Ullman & Associates
Making Sense of the Advance Child Tax Credit

Jul 15 2021 | 00:06:54

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Show Notes

Making Sense of the Advance Child Tax Credit

This episode, our host Andrew Baron, CFP®, EA, is joined by Don Huff, CPA, of the JGUA Tax Department. In this episode, Don explains in more detail the definitions for a qualifying child under this new credit. Don also lays out the amounts that qualifying families can expect to receive from the new credit.  Finally, the two offer up a few suggestions as to why families and/or individuals may want to consider opting out of the advanced payments.

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