Child Tax Credit: August Payments Arriving In Parents' Bank Accounts
The IRS sent out the second round of Child Tax Credit payments Friday morning, and deposits are already showing up in parents' bank accounts.
Watch CBS News
The IRS sent out the second round of Child Tax Credit payments Friday morning, and deposits are already showing up in parents' bank accounts.
The advance Child Tax Credit pays parents up to $300 per month per child to help with the cost of raising them.
The next advance Child Tax Credit payment will be sent out this week, and should arrive a couple days earlier than it did last month.
The next round of Child Tax Credit payments are due August 13, but some parents may prefer a lump-sum payment at tax time.
Advance payments for the updated Child Tax Credit will start to arrive again on August 13. These IRS tools will help you manage your money.
"The facts are crystal clear: everyone is safer when everyone is vaccinated," United Airlines executives told employees in a letter.
This story is about a lottery winner – but it doesn't involve little white balls or scratch-off tickets.
So many of us have relied on food delivery services during the coronavirus pandemic – but if you order a lot, you know most apps take a good-sized cut for themselves. That has created an opening for new businesses with different pricing.
The nationwide moratorium on evictions is over, but thousands are still waiting to find out if help is on the way.
The City of Aurora on Monday kicked off National Black Business month with a brand-new Black-owned business.
Arlington International Racecourse has notified the State of Illinois of its plans to lay off 237 employees next month.
While the next Child Tax Credit payment is due August 13, the deadline to opt out of advance payments is August 2. Here's how to do it.
While the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
While the COVID pandemic seems to be waning and the economy is improving, many Americans could still benefit from a fourth stimulus check.
It has been more than a year of delays, but finally, 55 winners have been chosen for marijuana store licenses here in Illinois.
Programs that send mental health teams in response 911 calls have proved successful in over cities — so why aren't they flourishing in Chicago?
The Trump administration has started outlining some of the Smithsonian Institution's art, information, and imagery that it has deemed "too woke."
The Chicago Board of Education has less than two weeks to close a $734 million budget gap, and on Wednesday, Illinois Gov. JB Pritzker advised the board should not count on help from Springfield.
A federal judge in New York on Wednesday declined the federal government's request to unseal grand jury material in the Jeffrey Epstein case.
A federal judge temporarily blocked a Texas law requiring public schools to display the Ten Commandments, ruling it likely violates the First Amendment.
Many drivers are as frustrated with the unexplained spike in their auto insurance as they are with congestion on the roads.
The Arlington Heights Village Board on Monday night approved a new 5% streaming tax.
Morton Grove slapped the seller with code violations after the sale to the Hovey family was completed, which prevented them from getting a deed.
It turns out what Tom Kuznar of Mount Prospect thought was a small problem is actually a big mess affecting 25,000 taxpayers.
For the past five months, Paul Mitchell has been in talks with Citibank. He turned to CBS News Chicago when Citibank would not refund his money.
A Chicago rock climber was grounded by a scary medical issue — a cyst in her brain. But a friendly face in the operating room helped Sophie Lin get to the gym again.
With school starting next week for thousands of students, health officials are urging parents to get their kids vaccinated.
Chicago public health officials on Tuesday confirmed the city's first three human cases of West Nile virus in 2025.
Sicknesses creep up with kids being in close quarters in school. With that in mind, a grieving Northwest Indiana family wants to share a message about vaccinating children.
Instagram rolled out a new Map feature that lets users see their friends' locations in real time. Here's why privacy experts are concerned.
A Wisconsin man has pleaded guilty to smuggling lab equipment to Russian companies in violation of U.S. sanctions.
Some of the fans who received the email have long histories with the team, and there are a lot of concerns.
The Board of Trade Museum is open from 10 a.m. to 4 p.m. Monday through Friday, and is closed on weekends and federal holidays.
Right now, it is not exactly clear how the tax will be passed onto the consumer. But vaping products and popular Zyn pouches will now be subject to a 45% tax — up from 15%.
The Wisconsin Supreme Court has delivered a victory for environmentalists in the battle over the regulation of "forever chemicals" known as PFAS.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly-sought Eras Tour.
President Trump announced this year's "truly exceptional class" of Kennedy Center Honorees and said he will host the annual ceremony himself.
UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.
Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.
Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.
The family of a toddler killed after a car crashed into an Oswego Portillo's last month plans to file a lawsuit against the restaurant chain on Friday.
Meteorologist Laura Bannon has the extended forecast.
Chicago police said the 26-year-old man and 27-year-old woman were outside, in the 3900 block of West Glady's Ave, just before 11 p.m., when a man ran up and fired shots and ran off.
The annual pop-up picnic is held at a secret location each year. This time, it was at Montrose Harbor.
Passengers on a flight from St. Louis to Seattle dealt with delay after delay before jazz saxophonist Dave Koz and his bandmates made their day.
Programs that send mental health teams in response 911 calls have proved successful in over cities — so why aren't they flourishing in Chicago?
The family hopes the lawsuit will prevent this from happening to other families. They are seeking more than $100,000 in damages.
The service said the alleged suspect targeted multiple buildings in the West Loop and Fulton Market neighborhoods.
In just the first six months of the year, the Chicago DEA team seized 1.6 million pills of fentanyl. That is almost three times more than they did all of last year.
The victims were hit multiple times and taken to Mt. Sinai Hospital.
Neighbors in Lincoln Park said mail trucks parked as far as the eye can see along busy Clark Street aren't just taking up valuable parking, but potentially putting students in danger while they walk to school.
This week, Chicago's South and West sides were hit hard by flooding, and experts at the Morton Arboretum are connecting with city and neighborhood groups to help implement solutions.
The city said the only way they can successfully tackle the mess is with state and federal funding.
The State Department announced over the weekend it will be pausing visitor visas from Gaza over claims some recipients may have ties to terrorist groups.
Seventeen and a half years later, the murder of five women at a Lane Bryant store in Tinley Park, Illinois, remains one of the most infamous cold cases in the Chicago area.
Brice Turang hit a two-run homer, Isaac Collins drove in two insurance runs and the Milwaukee Brewers beat the Chicago Cubs 4-1.
The Chicago Bulls will raise Derrick Rose's No. 1 jersey into the rafters at the United Center next year, in a postgame ceremony retiring the former NBA MVP's jersey.
Matt Shaw added a solo homer as the Cubs won for the fifth time in six games. Colin Rea (10-5) pitched three-hit ball into the sixth inning.
The Sox have now lost six of their last seven games and 13 of their last 16.
Bears backup quarterback Tyson Bagent has proved his worth — especially with new head coach Ben Johnson.
In just the first six months of the year, the Chicago DEA team seized 1.6 million pills of fentanyl. That is almost three times more than they did all of last year.
A report of an active shooter at Villanova turned out to be a "cruel hoax," according to the university president and Delaware County DA.
The service said the alleged suspect targeted multiple buildings in the West Loop and Fulton Market neighborhoods.
CBS News Chicago has learned the man was a 27-year veteran of the CTA. The union representing CTA workers is now pushing for more security.
The victim was struck in the groin area and suffered a graze wound to the leg, police said.
