The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced this week the first monthly payments of the newly expanded Child Tax Credit (CTC) is set to begin in July.
As part of the March stimulus package signed by President Biden, about 39 million U.S. households are expected to receive monthly CTC payments of up to $300 for each child under age six and as high as $250 per month for children aged six to 17. Individuals with children earning below $75,000 and couples earning under $150,000 per year will receive the full credit, with monthly payments continuing for the rest of the year.
Treasury and IRS Announce Child Tax Credit Payments
May 20, 2021
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced this week the first monthly payments of the newly expanded Child Tax Credit (CTC) is set to begin in July.
As part of the March stimulus package signed by President… Read the rest
AFSA Continues to Support Remote Online Notarization
May 19, 2021
This week, Senators Kevin Cramer (R-ND) and Mark Warner (D-VA) introduced the Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act. The bipartisan would expand the usage of Remote Online Notarizations … Read the rest
AFSA and Joint Trades Support Arbitration
May 19, 2021
AFSA and Joint Trades yesterday wrote a letter to Congress in support of pre-dispute arbitration clauses and against the “Forced Arbitration Injustice Repeal (FAIR) Act”, a bill which would effectively ban such provisions in private contracts.… Read the rest
AFSA Urges SBA to Forgive Finance Company PPP Loans
May 18, 2021
Today, AFSA wrote to the Small Business Administration (SBA) asking that it clarify that finance companies are eligible for Paycheck Protection Program (PPP) loan forgiveness. “AFSA’s members, like so many businesses across the country,… Read the rest
WATCH | How to Collect Faster Payments while Increasing Your Consumer Satisfaction
May 18, 2021
Join Nelly Meyer, Regional Sales Director and Doug Reynolds, Regional Sales Director, both with Paymentus on May 20 at 2:00 p.m. ET for How to Collect Faster Payments while Increasing Your Consumer Satisfaction, presented by Paymentus.… Read the rest
The AFSA Events App | Your Key to the Independents Conference & Expo
May 17, 2021
The AFSA Events mobile app is your connectionto up-to-datee information for the 2021 Independents Conference & Expo, whether in-person or from your office!
- Check the conference schedule and create a personal list of sessions to attend;
House Financial Services Committee Advances Several Bills
May 13, 2021
Yesterday, the House Financial Service Committee advanced a slate of six bills on a party-line vote to address perceived discrimination in the consumer financial marketplace, expand corporate disclosures, and establish language preferences… Read the rest
Chakrabarty, Miller Talk D&I on Auto Remarketing Podcast
May 12, 2021
AFSA members Prabir Chakrabarty, vice president and associate general at Mariner Finance and Kristen Miller, vice president, general counsel and compliance officer with Global Lending Services appear on the latest edition of the Auto … Read the rest
AFSA Comments on IA Rate Cap Bill
May 11, 2021
Today, AFSA’s State Government Affairs Team sent a letter to the Iowa House Ways and Means Committee expressing concerns with HF 893, which would change the maximum rate for consumer loans in Iowa to a rate cap based on the federal military… Read the rest
Five Questions with AFSA Business Partner RSM
May 10, 2021
AFSA’s featured Business Partner for March is RSM. We asked them a few questions about the value of their business partner membership and the issues they’re facing. Learn more at rsmus.com.
What are your financial services clients telling… Read the rest