Taxpayers who want to check their account information including balance, payments, tax records and more, can log into their IRS online account. 

Taxpayers can view:
• Their payoff amount, which is updated for the current day
• The balance for each tax year for which they owe taxes
• Their payment history
• Key information from their most current tax return as originally filed
• Payment plan details if they have one
• Digital copies of select IRS notices
• Economic Impact Payments if they received any
• Their address on file
And, more. 

Signed into law on June 22, 2022 by Governor Ige, Act 114 increases the minimum wage from $10.10 per hour to $12 an hour starting October 1, 2022. 

That is just the beginning.  Further increases are coming:  The new minimum wage will be increased further to:

• $14 per hour starting Jan. 1, 2024
• $16 per hour starting Jan. 1, 2026, and
• $18 per hour starting Jan. 1, 2028

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Economic Outlook: 

1. Increased income to workers and their families. 
2. Increased prices for goods and services due to increased wages. 
3. Inflation will continue.

L&F Reminders: 

1. Keep records of the amounts you receive as they are an "advance" against your 2021 child tax credit and will need to be reported. 
2. You are receiving this money in advance, thus your refund will be less and/or your tax will be more on your 2021 tax return.

WASHINGTON – The Internal Revenue Service and the U.S. Department of the Treasury announced today that the first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan will be made on July 15. Roughly 39 million households—covering 88% of children in the United States—are slated to begin receiving monthly payments without any further action required.

IRS and Treasury also announced the increased CTC payments will be made on the 15th of each month unless the 15th falls on a weekend or holiday. Families who receive the credit by direct deposit can plan their budgets around receipt of the benefit. Eligible families will receive a payment of up to $300 per month for each child under age 6 and up to $250 per month for each child age 6 and above. 
The American Rescue Plan increased the maximum Child Tax Credit in 2021 to $3,600 for children under the age of 6 and to $3,000 per child for children between ages 6 and 17. The American Rescue Plan is projected to lift more than five million children out of poverty this year, cutting child poverty by more than half.

Households covering more than 65 million children will receive the monthly CTC payments through direct deposit, paper check, or debit cards, and IRS and Treasury are committed to maximizing the use of direct deposit to ensure fast and secure delivery. While most taxpayers will not be required to take any action to receive their payments, Treasury and the IRS will continue outreach efforts with partner organizations over the coming months to make more families aware of their eligibility.

Today’s announcement represents the latest collaboration between the IRS and Bureau of the Fiscal Service—and between Treasury and the White House American Rescue Plan Implementation Team—to ensure help quickly reaches Americans in need as they recover from the COVID-19 pandemic. Since March 12, the IRS has also distributed approximately 165 million Economic Impact Payments with a value of approximately $388 billion as a part of the American Rescue Plan. 

Additional information for taxpayers on how they can access the Child Tax Credit will be available soon on at IRS.gov/childtaxcredit2021.