Surprise ‘$8,000 stimulus’ check coming as IRS’ December 28 deadline for cash nears

CASH-STRAPPED American families with two kids could receive a payment worth up to $8,000 in the new year. Parents that have kids under 13 and an income of less than $125,000 can claim the extra cash. The support is known as the child and dependent tax credit, which aims to help working families offset expenses when financially providing for their kids. In 2020 and previous years, the maximum you could claim for two or more children was $6,000. However, this amount has been boosted in 2021 thanks to the American Rescue Act, but it may come as a surprise to… Read Full Article