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What is the tax credit for children? The motley fool

Raising kids can be expensive as any parent reading this already knows. Fortunately, some pretty valuable tax breaks are designed to ease the financial burden on parents in the US, and none are more widely available than the child tax credit. In this article, we'll discuss what the child tax credit is, who can claim it, and an alternative for taxpayers with dependents who don't quite meet the IRS definition of a "child." Image Source: Getty Images. How much is the child discount worth? The Tax Cuts and Jobs Law the child discount has doubled compared to the previous level…

Despite the pandemic, nearly 1 in 5 Americans will have paid off more debt by 2020

DALLASJan. 28, 2021 / PRNewswire / - Although tens of millions of Americans lost their jobs or were on leave last year because of COVID-19, nearly 20% were able to boost their credit by paying off more debt in 2020, according to a survey conducted by YouGov plc on behalf of ScoreSense "Regardless of their employment status or financial circumstances during this challenging time, many Americans have taken steps to get their finances in order - which is really impressive," said Carlos Medina, Senior Vice President Operations and Business Development for One Technologies, LLC“By using this time to reduce their…

Wife Denison pleads guilty to embezzlement of nearly $ 1.5 million from the local credit union

SIOUX CITY, Iowa (KCAU) - A Denison woman pleaded guilty to federal court in Sioux City for embezzling nearly $ 1.5 million over several years. According to a release, Brenda Jensen, 53, of Denison, was convicted of embezzlement of the credit union. In a settlement agreement, Jensen admitted that she misappropriated money from Consumer Credit Union (CCU) in Denison from at least May 2012 to March 2018 while working there as an employee. CCU served Crawford, Carrol, Shelby, Ida, Monona, Sac and Harrison counties. Jensen and at least one other employee embezzled nearly $ 1.5 million in total. Jensen, the…

Washington Justice and Pentagon Federal Credit Union are renewing the partnership for another three years

You are watchingAdsThe Washington Justice Overwatch League team has announced the extension of its partnership with Pentagon Federal Credit Union. The pair will now work together for three more years and will include extensive assets such as a jersey patch and a co-branded credit card.As James Schenck, President-CEO of PenFed Credit Union and CEO of PenFed Foundation, said in a Justice blog post, “The passion and enthusiasm of Justice players and fans is great to see, and we are excited to join and welcome even more Justice. fans like PenFed members this year. The credit card will make history as…

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