November date revealed ahead of opt-out deadline for advance payment on November 1

MONDAY, November 1 is the deadline to opt out of child tax payments, with most families slated to receive $300 from the IRS unless they unenroll. Families who don’t opt out will receive their payments when they are issued on November 15. President Joe Biden’s American Rescue Plan was signed in March and is designed to help families get by and to bring the US economy back to health after Covid. Payments began in July, and the most recent payment went out on October 15. If Democrats manage to extend the program throughout 2022 it would mean $600 credits for… Read Full Article