{"id":353798,"date":"2021-10-15T06:04:38","date_gmt":"2021-10-14T20:04:38","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=353798"},"modified":"2021-10-15T06:04:38","modified_gmt":"2021-10-14T20:04:38","slug":"make-sure-to-enter-portal-to-get-advance-child-tax-credit","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/make-sure-to-enter-portal-to-get-advance-child-tax-credit\/","title":{"rendered":"\u2018Make sure to enter portal to  get advance child tax credit\u2019"},"content":{"rendered":"<figure id=\"attachment_353799\" aria-describedby=\"caption-attachment-353799\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.saipantribune.com\/wp-content\/uploads\/2021\/10\/David-DLG.-Atalig5-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" class=\"size-thumbnail wp-image-353799\" \/><figcaption id=\"caption-attachment-353799\" class=\"wp-caption-text\">Atalig<\/figcaption><\/figure>\n<p>Finance Secretary David DLG. Atalig is advising eligible taxpayers to make sure to enter into their web portal so they will receive their advance child tax credit. <\/p>\n<p>\u201cThe portal is their ticket in order to get their advance child tax,\u201d said Atalig during Friday\u2019s press briefing.<\/p>\n<p>Finance launched the CNMI Advance Child Tax Credit Update Portal last Aug. 27.<\/p>\n<p>Atalig said they will continue releasing payments for advance child tax credit through the end of December 2021 as the American Rescue Plan Act allows it.<\/p>\n<p>The CNMI has been making monthly payments of the child tax credit to eligible families amounting to $250 or $300 each month, depending on the age of the child. <\/p>\n<p>Majority opted for direct deposit. <\/p>\n<p>ARPA, which was passed in the U.S. House of Representatives last March 10, contains the largest child tax credit ever for families. The credit goes from $2,000 per child to $3,000 per child for children from age 6 through 17. For children under age 6, the credit is raised from $2,000 to $3,600.<\/p>\n<p>Atalig said they also continue to roll out tax refunds.<\/p>\n<p>He said the next tax season is exciting as they\u2019re applying the Earned Income Tax Credits for all residents and taxpayers.<\/p>\n<p>EITC is a refundable tax credit in the U.S. Internal Revenue Service Code that helps qualified low-to moderate-income working families and taxpayers get a tax break by allowing them to use the credit to reduce the taxes they owe, and in some cases, increase their tax refunds.<\/p>\n<p>\u201cSo that\u2019s a lot of exciting things happening with the Revenue and Tax of the Department of Finance,\u201d Atalig said. <\/p>\n<p>Last June, Lt. Gov. Arnold I. Palacios, acting in his capacity as then-acting governor, signed into law a bill that would repeal an existing law in order to make low-and moderate-income working families in the CNMI eligible for the EITC as a form of financial relief.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Secretary David DLG. Atalig is advising eligible taxpayers to make sure to enter into&#8230;<\/p>\n","protected":false},"author":23,"featured_media":332493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-353798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/353798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=353798"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/353798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/332493"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=353798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=353798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=353798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}