Tag: payments

Will I Have to Pay Back the Child Tax Credit?

July 19, 2021
Tom Taylor, CPA/PFS

Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit. Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you…

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Student Loan Relief Extended Through End of Year

September 22, 2020
Tom Taylor, CPA/PFS

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided a six-month automatic payment suspension on federal student loans through September 30, 2020. In August, the president signed a memorandum to extend federal student…