The new stimulus act – What’s in it for you?

The American Rescue Plan of 2021 was signed into law today. Here’s a summary of what’s included. Round 3 of Stimulus Payments Subject to the below limits, individuals will receive a $1,400 payment, couples $2,800. Also, in this round dependents receive $1,400, including adult dependents. Similar to the last two rounds of stimulus, payments begin …

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Do You Qualify for the Child and Dependent Care Credit?

Many parents pay for childcare or day camps in the summer while they work. If this applies to you, your costs may qualify for a federal tax credit that can lower your taxes. Here are 10 facts that you should know about the Child and Dependent Care Credit: Your expenses must be for the care …

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