
Child Tax Credit: IRS warns of potential delays for monthly checks
CBSN
The expansion of the Child Tax Credit is considered one of the most significant tax changes in President Joe Biden's $1.9 trillion American Rescue Plan, given the measure will pay out monthly checks later this year to millions of families. But the IRS is warning that families may face delays in receiving the checks as it grapples with sending stimulus checks and handling its current tax season duties.
The relief bill overhauled the Child Tax Credit (CTC) by expanding the benefit from $2,000 annually to as much as $3,600 per child, including more low-income families in the tax benefit — and doling out half of the money through monthly cash payments. Those monthly payments are scheduled to start in July and run through December, and could provide a measure of financial stability to millions of families as the economy begins to recover from the pandemic. "It might be a challenge to get into monthly right out of the box," IRS commissioner Charles Rettig told lawmakers on Thursday. He added that the tax agency would "do our best."
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Dana Chandler has spent decades maintaining her innocence against allegations she was responsible for the 2002 murders of her ex-husband, Mike Sisco, and his girlfriend, Karen Harkness. HAROLD WORSWICK (to 911): I just located my daughter and she's downstairs and she's dead … JULY 28: … Dana stalking neighborhood at 8:30, caught her she left. ... DET. RICHARD VOLLE (phone call to Chandler): Your husband was found shot to death today, this afternoon. Your ex-husband, I'm sorry … Can you tell me when the last time was that you talked to him? DANA CHANDLER (phone call to police): Hi, my name is Dana Chandler and I got a very disturbing phone call last night. Someone had said that my ex-husband had been killed, and I'm just calling to — to see if that's true or not … DET. RICHARD VOLLE ( interview audio 2002): Tell me about what happened on the 6th. HAILEY SEEL (recorded phone call): … I think that the only way I can really move on with a relationship with you is if we can get it, you know, if you can just tell me yourself that you did it. … HAILEY SEEL (recorded phone call): Why did it have no calls and was at home the whole time? You knew it could be traced. DANA CHANDLER (recorded conversation): I said I could kill him. You ever think about killing him? HAROLD DOW | "48 Hours" correspondent: Did you know anything about the death of Michael and Karen? HAILEY SEEL (recording to Dana Chandler): Nobody can say that they — that you were in Colorado that weekend? DANA CHANDLER (recording): …. you ever think about killing him? DANA CHANDLER (recording, played in court): … She asked me for money and we don't give people money at AA. I said, "I'll go buy you some gas …"