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The American Rescue Plan Expands Access to the Child Tax Credit

The American Rescue Plan Expands Access to the Child Tax Credit

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August 2021

The American Rescue Plan (ARP) was implemented to provide relief to taxpayers during the COVID-19 pandemic. An important part of the ARP was the inclusion of updates to the Child Tax Credit which now extends the amount of the credit to taxpayers meeting certain income thresholds and allows the credit to be paid out in advance for the remainder of 2021.

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