Are you covering the Child Tax Credit?

Are you covering the Child Tax Credit? Are you covering the Child Tax Credit?

1 Expert Answer

Usha Rackliffe

Associate Professor in the Practice of Accounting,  Emory University, Goizueta Business School

This week, the Treasury Department is expected to begin paying eligible families up to $300 per month per child. The program is part of the recently passed stimulus bill and is hoped to cut child poverty in half. Goizueta’s Usha Rackliffe, Associate Professor in the Practice of Accounting, can discuss the new tax credit including who is eligible and what parents need to know about reporting the credit on their taxes.

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