Tax News Briefs 
Things You Need to Know for Tax Year 2021
Advanced Payments of Child Tax Credit to Begin July 15 The Internal Revenue Service (IRS) has announced that the first monthly payment of the expanded and newly advanceable child tax credit from the American Rescue Plan will b... TheTaxBook
July/Aug 2021,
Tax News Briefs,
50-percent limitation, §119, advanced, de minimis, dependent care assistance program, American Rescue Plan Act, DCAP, Consolidated Appropriations Act, flexible spending arrangement, child tax credit, FSA, Notice 2021-15, adjusted gross income, Notice 2021-26, AGI, §274(n)(2)(D), §274, 100-percent deduction, §132(e)(2)