Today is the last day to opt-out of the first advance child tax credit payments!
Starting from mid-July, millions of American families will start receiving monthly enhanced child tax credit payments that could amount to hundreds of dollars until the end of 2021. However, certain families, especially the ones who historically have a tax balance when they file their taxes in April, may prefer to wait and claim the entire credit next year when they file their taxes for 2021. Parents have until 11:59 pm ET to unenroll for the first payment. #childtaxcredit #taxes #financialplanning #smallbusiness
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