Child Tax Credit: IRS Facing Possible Implementation Problems For Monthly Check

(CBS Miami) — With the updated Child Tax Credit, the Internal Revenue Service (IRS) will soon start to distribute millions of monthly checks to families. The recurring payments of up to $300 per kid start on July 15. The Biden administration estimates that this sort of stimulus check for parents will reach 39 million households, accounting for about 90 percent of the nation’s children. But a program of this magnitude brings with it plenty of operational challenges for an underfunded