Advance Child Tax Credit payments start tomorrow

Advance Child Tax Credit payments start tomorrow

Jul 14, 2021 | News to Note

From the Pinnacle CPA Advisory Group and IRS.gov — The American Rescue Plan of 2021 increased the maximum Child Tax Credit to $3,600 for children under the age of 6, and to $3,000 per child for children between ages 6 and 17. The Rescue Plan also put a plan in place...
Student Loan Interest Rates Increase for 2021-22

Student Loan Interest Rates Increase for 2021-22

Jul 7, 2021 | News to Note

From Pinnacle Wealth Planning Services — After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year. The interest rates on federal student loans are reset each year after the...
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