As part of the American Rescue Plan of 2021, millions of taxpayers received advance payments of the 2021 Child Tax Credit and stimulus payments. Rob talks with tax expert, Greg Porcaro, about critical information those who were eligible for these payments need to know this tax season, as well as changes to self-employment taxes.
- Advance Child Tax Credit’s impact on taxpayers
- Eligibility and reconciling tax credits
- Tax Form 6419
- Anticipated delays at the IRS
- Stimulus payments
- Self-employment tax changes
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