 TITLE: New Child Tax Credits Under the 2021 Stimulus Plan CONTENT: More Help for Families\n----------------------\nExpanded child tax credits aren't the only help for families in the ARPA. Maximums on Child and Dependent Care Credits have been raised to $4,000 for one qualifying child and $8,000 for more than one. Low-income families may also be able to take advantage of the Earned Income Tax Credit and the additional child tax credit.\nDemocrats in Congress also hope to make this year's child tax credit expansion permanent. This could mean that a wide majority of American families would receive a form of ongoing guaranteed income each month. Additionally, together with other provisions in the ARPA, these tax credits could cut the child poverty rate to 6.5%, according to the Urban Institute, less than half what it is today. If you are among the taxpayers who will benefit, this is an investment in you and your family. END