The second round of child tax credit payments due to millions of American families are going out Friday, totaling more than $15 billion. According to the IRS, the monthly payment for August is ...

As if the IRS doesn’t have enough problems with staff shortages and a backlog of returns, now it must deal with potential headaches surrounding enhanced Child Tax Credit payments. The agency recently ...

HOUSTON, Texas -- In two weeks, parents will be eligible to get monthly payments as part of the extended child tax credit. The IRS released new information related to the child tax credit before ...

WASHINGTON -- The head of the Internal Revenue Service warned Thursday that it may not be able to start sending child tax credit payments in July, as called for by the $1.9 trillion relief law. IRS ...

WASHINGTON (NEXSTAR) — It’s a strain, but the head of the IRS said Tuesday he expects to meet the July 1 deadline in the new pandemic relief law for starting a groundbreaking tax program aimed at ...

Are monthly payments the only option: Eligible families can choose to opt-out of the monthly payments, and instead receive the full portion of their enhanced child tax credit when they file their 2021 ...