All tagged child tax credit
With tax season quickly approaching, North Carolina families are encouraged to file their federal income taxes to ensure they access their full, expanded Child Tax Credit, as well as other federal benefits. Many families received about half of their tax credit payments in monthly payments in 2021 but will receive the rest of the money they are owed by filing their federal income taxes this year.
This month many families across North Carolina are receiving an installment of the advance Child Tax Credit federal payment, which provides them with up to half of their total credit and bolsters their income to meet immediate needs for children’s health and well-being. These dollars can immediately improve the food and financial security of families with children at a critical time as they work to recover from the pandemic.
Benjamin Franklin gave us many great words of wisdom. One of his best lines is that we should “do well by doing good.” While this ideal may have worked in the politics and government of early American history in the 1700’s, we don’t see much of that sentiment in today’s public policy. People of all political stripes (right, middle, left and those not involved at all) are tired of the fighting and looking to support policies that exemplify the words of Mr. Franklin.
