This week the first of six monthly child tax credit payments will be hitting bank accounts and the mail. If you qualify for the child tax credit payments, the IRS needs to have your banking ...

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 ...

WASHINGTON -- Tens of millions of families have been sent the first payment of the expanded child tax credit, the Internal Revenue Service and the Treasury Department said Wednesday night. The ...

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 ...

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 ...

The Treasury Department will be sending out millions of checks beginning July 15 in the first wave of the new, expanded child tax credit. Around 39 million families, representing about 65 million kids ...

As part of the $1.9 trillion American Rescue Plan Act signed into law by President Biden back in March, the IRS is preparing to launch the portal for the $3,000 child tax credit. “We will launch by ...

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 ...

The expansion of the child tax credits as part of the American Rescue Plan stimulus relief bill is slated to begin July 15. The tax credit will allow for up to $3,600 per child for children under 6 ...