Not Planning to File Taxes This Year? You May Want to Rethink That

Not Planning to File Taxes This Year? You May Want to Rethink That

Take the Earned Income Tax Credit, or EITC, for example. Now another thing you should know is that the recently signed $1.9 trillion American Rescue Plan -- the same relief bill that put $1,400 stimulus checks in Americans' pockets -- expanded both the EITC and Child Tax Credit.