Local financial professional breaks down the new monthly child tax credits

By: CBS 58 Newsroom

Posted: Jul 14, 2021 7:25 AM CST

NOW: Local financial professional breaks down the new monthly child tax credits

MILWAUKEE (CBS 58) -- Many families will begin receiving monthly child tax credit payments on Thursday, July 15.

It's part of president Joe Biden's American Rescue Plan.

A local financial professional, Tom Neumann from Drake and Associates, joins us to break down what they are and how to put them to good use.