Local financial professional breaks down the new monthly child tax credits

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

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