2022 Tax Updates
As the 2022 tax season approaches, there are several important updates of which service providers should be aware. A few important changes are outlined here. Advance Child Tax Credit Payments. Families who received advance child tax credit payments will need to compare the monthly payments they received with the amount they are eligible to claim on their 2021 tax return to determine if they may be able to claim additional credit or if they will need to repay some credit. Eligible families...