A new tax break on auto loan interest may help 4 million car owners
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
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New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains. (Sponsored by Edward Jones)
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
The Internal Revenue Service is urging Americans to prepare for the 2025 tax filing season, beginning next week. Last year, roughly two-thirds of taxpayers got a refund and the average amount refunded was $3,100. CBS News contributor J.D. Durkin breaks it down.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
If you haven't filed your taxes yet, the deadline is quickly approaching with returns and extension requests due by Monday. IRS commissioner Danny Werfel joined CBS News to discuss tax season.
Americans still have a few days to file their 2023 taxes. The IRS says more than 90 million tax returns have been received as of March 29. Medora Lee, a personal finance reporter for USA Today, joins CBS News with tips on making the deadline.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Tax refunds so far are higher than last year, according to recent IRS data. Many Americans have big plans for the money.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
The IRS says the official start of tax filing season will kick off on Jan. 29 this year, with taxpayers allowed to file until April 15 in most cases. CBS MoneyWatch associate managing editor Aimee Picchi has more on this year's tax schedule.
The end of the year means it's time to start looking ahead to tax season. Dan Geltrude, certified public accountant, joins CBS News to share steps you can take now to set yourself up for an easier time come April.
About 1.5 million Americans have until July 17 to get the unclaimed refunds, the tax agency says.
April 18 is the IRS deadline to file your 2022 tax returns. Certified public accountant and founder of Geltrude and Company, Dan Geltrude, discusses filing tips and what to do with your refund with CBS News' Anne-Marie Green and Vladimir Duthiers.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Alicia Jegede, a CPA and founder of New Gen Financial Planning, discussed the potential benefits and drawbacks of married couples filing their taxes separately and jointly.
What happens if you don't pay your taxes correctly or on time? David Ragland, certified financial planner and CEO of IRC Wealth, joins CBS News' Errol Barnett and Lana Zak with his insight.
Some households could get a typical refund of almost $1,000 by filing their tax returns for 2019, tax collector says.
The Rev. Jesse Jackson marched alongside Martin Luther King Jr., ran for president in the 1980s and led the Rainbow/PUSH Coalition in Chicago for decades.
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
President Trump and the Rev. Jesse Jackson, who died Tuesday at the age of 84, knew each other for decades.
Democrats made their counteroffer on overhauling immigration enforcement on Monday, the latest step in talks to fund the Department of Homeland Security.
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Martin Luther King Jr.'s daughter Bernice King shared a photo on social media of Jackson and King and wrote, "Both ancestors now..."
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Belgian authorities call the U.S. ambassador's intervention in the case of three Jewish religious figures "dangerous disinformation."
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Oscar-winning actor Robert Duvall died on Sunday at the age of 95. Duvall starred in classics like "The Godfather" and "Apocalypse Now." Vladimir Duthiers looks back at his career.
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
Matt Shumer joins "CBS Mornings" to discuss his now viral article, "Something Big Is Happening." He writes that AI's "capability for massive disruption could be here by the end of this year." Shumer explains why he wrote the article, and his message to concerned readers.
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
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.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Investigators deployed a "signal sniffer" device to help pinpoint Nancy Guthrie's location using her pacemaker as the search for the mother of "Today" host Savannah Guthrie enters its third week. CBS News' Jonathan Vigliotti has more.
As the search for Nancy Guthrie continues, the Pima County sheriff for the first time is officially ruling out her family members, including siblings and spouses, as possible suspects. Meanwhile, investigators are also using a device known as a "signal sniffer" to try to detect transmissions from Guthrie's pacemaker. Jonathan Vigliotti reports.
Pima County Sheriff Chris Nanos said Nancy Guthrie's family members and their spouses have been cleared as possible suspects in her disappearance. This comes as more details emerge about potential evidence in the case. CBS News' Jonathan Vigliotti reports.
Former Secretary of State Hillary Clinton, who is being pressured to testify on what she knows about Jeffrey Epstein's dealings, is accusing the Trump administration of a cover-up over the Justice Department's handling of the Epstein files release. CBS News' Natalie Brand reports.
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
BET president Louis Carr joined CBS News 24/7 Mornings to reflect on the life and legacy of civil rights leader Rev. Jesse Jackson after his family announced his death at 84.
Lawmakers on Capitol Hill are reacting to the news of Rev. Jesse Jackson's death at 84. Meanwhile, a partial government shutdown is in its fourth day after Congress failed to compromise on DHS funding. CBS News' Nikole Killion has more.
Investigators deployed a "signal sniffer" device to help pinpoint Nancy Guthrie's location using her pacemaker as the search for the mother of "Today" host Savannah Guthrie enters its third week. CBS News' Jonathan Vigliotti has more.
Silas Core, a goalie who was at the high school hockey game in Pawtucket, Rhode Island, when a gunman killed two people and critically injured three others, said the shooting "was pretty horrible." CBS News' Lilia Luciano has more.
Ukraine sent negotiators to Geneva, Switzerland, to hold talks with their Russian counterparts as the war rages on. CBS News' Holly Williams and Eleanor Watson.