South Dakota Consumer Handbook
The South Dakota Consumer Handbook is one of the most useful resources available. It provides education, advice and assistance on a vast number of topics ranging from identity theft, to recognizing scams and frauds, to knowing your rights as a consumer and much more. Take a minute to review. You will be glad you did.
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Rachel Dix Fills Board of Director Opening
Rachel Dix of Aberdeen, SD earns a seat on the Board of Directors of Dakotaland Federal Credit Union. Dix fills a vacancy on the volunteer board, which is composed of six other members from across the credit union’s 27 county service area. “Rachel is a welcomed addition to our board. Her involvement and passion with which she serves the Aberdeen and surrounding communities is tremendous. Her talents will only add to our already dedicated team of directors,” commented Ryan Goehner, President and CEO of Dakotaland Federal Credit Union.
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2021 Child Tax Credit
The IRS has released notice that families meeting the income thresholds will start receiving monthly advancements of 50% of their 2021 Child Tax Credit starting July 15th and the last payment being on December 15th. It is important to remember that this is an ADVANCEMENT of a tax credit you would normally receive on your annual return. Taking the advancement will reduce your credit when filing your return which will result in a higher tax liability (lower refund) for families taking the monthly advance. You are automatically opted in if your AGI (Adjust Gross Income) is under the IRS threshold, but can OPT out when the IRS has the portal complete (portal is not available at this time). You should contact your tax preparer to find out how this will affect your 2021 tax return. Click here to learn more https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021
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