Accounting and Finance
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IRS to Send Advanced Child Tax Credits Starting in July
The American Rescue Plan (ARP) increased the 2021 child tax credit from $2,000 per child to $3,000 for each child ages 6 to 17, and $3,600 for children under the age of 6. The ARP also called for the IRS to deliver half of the expected credit to families eligible beginning in July. The advanced […]
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Motorcoach Companies Still Waiting for CERTS Guidance
The motorcoach industry has been devastated over the past year as a result of COVID. In December, the Consolidated Appropriations Act provided some help with $2 billion allocated to transportation relief grants (CERTS). It’s been nearly 3 months, and there still hasn’t been any formal guidance provided on the program itself. This week the Treasury […]