The Incompetent Authority: Questions and Answers (September 2021)

ABA Tax Times

09.22.2021

In this column, Andy Howlett, along with Guinevere Moore (Managing Member at Moore Tax Law Group, LLP) provide useful responses to your questions about the tax profession, including tax career, business of tax, tax ethics, and other tax questions with a touch of humor. In this quarter's edition, the authors discuss the ambiguity surrounding the recent monthly payments being made by the Internal Revenue Service (IRS) for the new Child Tax Credit (CTC), including how long the payments can be expected and whether the IRS will require repayment at some point.