Posts Tagged ‘payments’

Will I Have to Pay Back the Child Tax Credit?

Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit. Half the total credit amount will be paid in advance monthly payments and you will claim the other half when you file your 2021 income tax return. The first advance payment was made on July 15,…

Read More

Student Loan Relief Extended Through End of Year

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provided a six-month automatic payment suspension on federal student loans through September 30, 2020. In August, the president signed a memorandum to extend federal student loan relief through December 31, 2020. What does this mean for student loan borrowers? All…

Read More