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Tax refund delays could impact Child Tax Credit payments

Detroit Free Press Millions of people are frustrated that their 2020 federal income tax refunds are missing in action in the wake of what one tax official called the perfect storm.   And sadly, the angst could grow in July as many families receive the first payment of up to $300 a month for the advanced Child Tax Credit, while others are left on the sidelines wondering why they didn t get all the money they re expecting now.  Tax troubles in the 2021 season are bound to snowball as one problem rolls along and triggers another. At some point, things can improve but for many, the question is when?

Perfect storm brings tax refund delays, triggers some trouble ahead

Perfect storm brings tax refund delays, triggers some trouble ahead
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