Tax season is always a stressful time, especially for working families. This year, however, it proved more stressful than usual.
Over the last few weeks, many Americans came to the shocking realization that instead of getting a refund – a refund they’d been counting on to offset the last 12 months of rising prices – they would owe money to the federal government. Why? Because President Joe Biden’s now-expired government child allowance disrupted a longstanding tax benefit.
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