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July 15, 2021 Did you wake up today to an unexpected deposit in your bank account from the IRS today called ‘IRS TREAS 310’? We are writing to provide additional information on what these payments are and how they will affect you. Today, the IRS began depositing advances of the 2021 Child Tax Credit in taxpayer bank accounts. The advances will be deposited monthly on the 15th of the month for the six remaining months of 2021. The most important thing to know is that this is an ADVANCE of your 2021 expected child tax credit, based upon the adjusted gross income from the most recently processed Federal tax return the IRS has on file. If you qualify for all or some of the 2021 child tax credit when we file your 2021 Federal tax return, the amount of the advance that you receive in 2021 will be reconciled against your tax liability and your tax refund or liability will be adjusted for the amount advanced to you. This could result in your tax refund being lower than you expect, or your liab...