A huge financial blow for millions of Americans today who depend on getting their tax refunds pronto. The government says you might be waiting longer for the money they owe you. And as the nows Nicole Green explains, it's all because the IRS needs more time to do their job. April 15th is the deadline we live and die by. You hope to have the refund in hand by then or try and buy as much time as possible to pay up. Carlos Rodriguez needed his IRS refund for a deposit on a car, maybe like under a month maybe. But this year, the IRS is delaying sending some people's refunds until February 15th, 2017. Here's who will experience a delay: anyone who qualifies for the Earned Income Tax Credit. This is for any individual who makes less than 44 thousand dollars a year or $50,000 a household. The other delay is for people who get the additional child tax credit. That's not the one thousand dollars that you can claim for each child. This is all because of a new law Congress passed. So why is this happening? It's because of the IRS. People are claiming too much money and identity theft. We checked with a tax accountant and he says even with the delay, you want to file early because the earlier the government can start working on your return, the sooner you'll get your money. For the now, I'm Nicole Gregg.
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