((( CBS New York ) — The revised child tax credit is about to take effect. Starting July 15th, most parents will receive a monthly payment of up to $ 300 per child, courtesy of the American Rescue Plan. That extra money can actually be summed up, especially for families at the bottom of their income range. It may even be the difference between eating and not eating, or paying and not paying.
According to the Biden administration, the enhanced child tax credit is available to approximately 39 million households and accounts for 65 million children. It covers about 88 […]
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