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This week, millions of families across the U.S. will begin receiving the advanced child tax credit from the IRS. This is a tax credit Americans with kids receive every year, but in light of the economic impact of the COVID-19 pandemic, those who wish can receive half of their tax credit for the 2021 tax year early.
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Tax Day 2021 will be here before we know it. While many Americans will wait until the final days leading up to April 15th to put their paperwork together and file, there are a number of reasons that you should consider starting on your 2020 return before the calendar year ends.
By now everyone should be aware that the IRS pushed back the tax filing deadline for 2020 due to the Coronavirus (COVID-19) pandemic. While many Americans have already filed their returns, millions have not.
Tax Day 2020 will be here shortly. While everyone's gathering together their W2’s, Form 1098-Es, and business receipts, there is still time to make an impact on what you owe for 2020. And it’s a double whammy because it also means you’re saving for the future.
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