Tuesday, March 23, 2021

IRS warns of potential delays for major child poverty initiative in $1.9 trillion stimulus

Washington Post

A program authorized under the $1.9 trillion stimulus to combat child poverty is at risk of early delays, as the Internal Revenue Service grapples with its massive tax backlog and recent decision to extend the tax-filing deadline until May 17.

The agency’s commissioner, Charles Rettig, raised the potential for hiccups at a hearing Thursday (3/18) in front of the House Ways and Means Committee — though he pledged IRS officials would “do our best” to get the highly touted coronavirus aid effort up and running by July as Congress had intended.

Read the full story here