IRS to refund 1.6M people who missed tax deadlines during pandemic
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
With this year's average tax refund running around $3,100, here's how to use that money to meet your financial goals.
Millions of Americans file returns after the Tax Day deadline. If you're in that group, here's what determines how much you'll owe.
As of April 9, some 50 million Americans had yet to file their returns. Here's what to do if you need more time.
The IRS estimates that more than 3 million tax returns are still being processed from 2021.
As the April 18 tax filing deadline nears, here are some tips for reducing what you owe or landing a bigger refund.
Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions.
Experts say there are a number of things people can do to lower the chance of getting audited by the IRS.
Depending on how much you earned last year, you may pay taxes at different rates. Here's how to find out where you fall.
A three-year window to claim the money is about to close. After that, the refunds become the property of U.S. Treasury.
The IRS is facing staff shortages and backlogs of returns — on top of recently changed tax laws that make processing returns harder.
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
States are cutting taxes amid booming revenue. "You can't have your cake and eat it too, but we kind of are this year," one governor said.
The tax agency says it wants to hire thousands of workers on the spot at hiring events on March 16, 23 and 30.
Taxpayers who claimed one of two tax credits are expected to get their refunds beginning this week, the IRS said.
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
The average refund so far in 2022 is about $2,300, down from last year's typical refund of $2,800.
Childless workers this year can claim an Earned Income Tax Credit worth up to $1,500 — triple the usual amount.
Millions of buyers and sellers of cryptocurrency will need to declare their digital currency transactions to the IRS.
The American Rescue Plan gave a one-year boost to a tax credit aimed at helping parents who pay for child care.
Although the enhanced payments ended in December, families who didn't get their money last year can still claim it.
The agency's Taxpayer Advocate said to avoid delays, people should triple-check for errors, file electronically and use direct deposit for refunds.
Families who received monthly payments in the second half of last year can still get up to $1,800 for children younger than 6 and $1,500 for children ages 6 to 17 as part of their refund.
Taxpayers and accountants say they are frustrated by difficulties in reaching the IRS. That's not likely to change.
Here's how to watch Game 3 of the Nuggets vs. Lakers NBA Playoffs series, including livestream options, start times and more.
Find that special someone by signing up for one of the undeniably best dating apps in 2024.
Find the best over-the-counter hearing aids that rival prescription aids in terms of quality and reliability.
It's time for a thorough house cleaning this spring, and a robot vacuum can help you do all the heavy lifting.
Find out how and when to watch Game 3 of the Milwaukee Bucks vs. Indiana Pacers NBA Playoffs series tomorrow.
Here's how and when to watch Game 3 of the Cleveland Cavaliers vs. Orlando Magic NBA playoff series tonight.
Stream the 2024 NBA Playoffs free and get access to nearly every game. Hulu + Live TV gives more NBA access for less money.
Dreams come true at the NFL Draft. Find out how and when to watch or stream this year's draft tonight.
These best cooling floor fans from Dyson, Honeywell, Black+Decker and more will cool you in the months ahead.
Hundreds of people have been arrested in California, New York, Massachusetts, Texas and other states during the tense protests on college campuses.
Follow live updates of Donald Trump's New York criminal trial, where former National Enquirer boss David Pecker is testifying for the third day.
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.
David Schultz's wife said that the person found was wearing boots that matched her husband's, and his keys were found in the pants pocket.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.
These are the airports Southwest is pulling out of completely as it looks to save costs.
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.
The petitions are the latest in the effort for Ryan Corbett's release.
Follow live updates of Donald Trump's New York criminal trial, where former National Enquirer boss David Pecker is testifying for the third day.
A federal judge has denied former President Donald Trump's request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment.
Coal-fired power plants would have to capture smokestack emissions or shut down under a new EPA rule the industry says would make the grid less reliable. It's likely to face court challenges.
The Supreme Court convened to consider whether former President Donald Trump is entitled to broad immunity from criminal charges in the 2020 election case.
CDC's provisional figures show a 2% decline in births from 2022 to 2023.
Don't brush your teeth after breakfast? Or after vomiting? Dentists say it can wear away your enamel. Here's what to do instead.
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.
For the first time, surgeons at NYU Langone Health performed a combined mechanical heart pump and gene-edited pig kidney transplant into a living person.
The USDA had floated banning flavored milk options from some school lunches.
The petitions are the latest in the effort for Ryan Corbett's release.
A cross unearthed in eastern Poland likely belonged to an outcasted Russian religious community around 300 years ago.
Hundreds of people have been arrested in California, New York, Massachusetts, Texas and other states during the tense protests on college campuses.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
Looking for a place to live in NYC? Zillow is now listing Frank Sinatra and Mia Farrow's former home on the Upper East Side.
Italy's Culture Ministry has banned loans of works to the Minneapolis Institute of Art, following a dispute with the U.S. museum over an ancient marble statue believed to have been looted from Italy almost a half-century ago.
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.
Taylor Swift fans have found a way to feel "a little bit closer to" their hero at a London watering hole, and The Black Dog pub is lapping it up.
Jerry Seinfeld and Jim Gaffigan reunite in the new movie "Unfrosted," directed by Seinfeld. The film humorously depicts the 1963 race between cereal giants Kellogg's and Post to invent the first breakfast pastry, featuring Seinfeld as a fictional Kellogg's executive and Gaffigan as the CEO.
Meta began rolling out its new AI-powered smart assistant software, saying it will be integrated across Instagram, Facebook and Messenger. Adam Auriemma, editor-in-chief for CNET, joined CBS News to discuss the new tool.
Lawmakers argue the Chinese government can use the widely popular video-sharing app as a spy tool and to covertly influence the U.S. public.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
Customers who rely on government assistance programs can get same perks as Prime members, for less.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.
"Although to some, the noise is annoying, they pose no danger to humans or pets," the sheriff wrote. "Unfortunately, it is the sounds of nature."
The White House is considering declaring a national climate emergency to unlock federal powers and stifle oil development, according to a Bloomberg report. Meanwhile, the Biden administration is announcing several projects this Earth Week. Columbia University Climate School professor Dr. Melissa Lott joins with analysis.
NASA's Voyager 1, the first spacecraft to travel beyond our solar system, has started sending information back to Earth again after scientists managed to fix the probe from 15 billion miles away.
A New York appeals court overturned Harvey Weinstein's 2020 conviction on felony sex crimes. The court ruled that the disgraced movie mogul did not have a fair trial because the judge who presided over the case allowed women to testify about allegations that were not part of the charges against him. Weinstein will remain in prison because of his rape conviction in Los Angeles.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
William Ray Grimes was indicted on charges of murder and burglary in the 2012 slaying of Lowell Badger, police said.
All this week, CBS News has been investigating online romance scams. In this final installment, Jim Axelrod looks at what law enforcement and lawmakers can do -- but also why it's important for the online dating industry to police itself.
Paul Grice, 31, was arrested and charged by Oklahoma authorities with murder and kidnapping in connection to the deaths of Veronica Butler and Jilian Kelley.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
In two weeks, Boeing's Starliner spacecraft is scheduled to launch its first piloted test flight, bringing two veteran NASA astronauts to the International Space Station. Astronaut Matt Dominick joined CBS News from the ISS to talk about the mission and life in space.
A process called cryopreservation allows cells to remain frozen but alive for hundreds of years. For some animal cells, the moon is the closest place that's cold enough.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
The Supreme Court heard arguments Thursday in Trump v. United States, a case weighing whether former President Donald Trump should be immune from federal prosecution for his actions while serving in the White House. CBS News' Jessica Levinson, Jan Crawford and Scott MacFarlane break down the historic arguments that played out in court.
A fourth temporary channel is opening for the Port of Baltimore one month after the Francis Scott Key Bridge collapsed. Two victims of the collapse still have not been recovered as crews continue to remove the wreckage. Col. Estee Pinchasin, Baltimore District commander for the U.S. Army Corps of Engineers, joined CBS News to discuss the recovery.
Lisa Guerrera is the founder of New York City-based skincare beauty startup Experiment. She joined CBS News to talk about how TikTok has impacted her business and what a nationwide ban would mean for her and other entrepreneurs and content creators who rely on the platform.
Former White House chief of staff Mark Meadows and former New York City Mayor Rudy Giuliani are among the 18 people who have been charged in Arizona for an alleged fake electors scheme to try to overturn the 2020 election. Although some of the defendants' names, including Meadows and Giuliani, were redacted from the court documents, they were identified based on the descriptions. CBS News election law contributor David Becker has more on the case.
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why this actually might be good news for those looking for lower interest rates.