Tax Refunds: IRS Delays Hold Up Money For Millions Of Taxpayers

(CBS New York) — The Internal Revenue Service (IRS) has had a busy year. A June 30 report from National Taxpayer Advocate Erin Collins says the agency has completed 136 million tax returns, distributed two more rounds of stimulus checks, revised rules for unemployment insurance, and prepared for the launch of advance Child Tax Credit payments (which have since started). The IRS accomplished all of this during what is hopefully the last part of a pandemic, which followed a decade of staffin