Treasury Prepares for July 15 Start of Child Tax Credit (CTC)
On Monday, May 17, 2021, the US Department of Treasury (along with the Internal Revenue Service/IRS) announced that the first installment of the expanded CTC would start on July 15, 2021. Treasury also announced that 88 percent of families would automatically receive the monthly payment. Approximately 39 million households will be covered and that translates