The American Rescue Plan expanded the child tax credit for many taxpayers in 2021. This course will cover those changes, and how to fill out the Schedule 8812.
The American Rescue Plan expanded the child tax credit for many taxpayers in 2021. This course will cover those changes, and how to fill out the Schedule 8812, which is the form all taxpayers must fill out if they are claiming the child tax credit for 2021.
This course will cover the following topics: • Identify changes to the child tax credit • Understand how to complete Schedule 8812 • Understand how phaseouts of the credit work • Identify when a taxpayer would need to pay back the credit • Understand how payback protection applies
Field of Study: Taxes
Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.
LPA, EA
Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College.
