https://www.cbsnews.com/ Taxes From CBSNews.com Mon, 13 Apr 2026 12:17:13 -0400 5 https://www.cbsnews.com/news/tax-scams-common-filing-deadline/ Fraudsters are on the prowl during tax season. To protect yourself, it helps to know what the IRS won't ask you to do. Thu, 04 Apr 2024 15:35:04 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2024/04/04/37e05f6a-1ac6-471d-bbca-6e275b3eda50/thumbnail/60x60/0e6abe38253b813a5f6b784ed7416a7b/gettyimages-1093086032.jpg 933a5a11-6f90-4e63-8ecb-40c23238b9ce https://www.cbsnews.com/video/eco-friendly-home-improvements-can-save-money-this-tax-season/ Alicia Jegede, a CPA and founder of New Gen Financial Planning, breaks down the tax credits homeowners can receive from making energy-efficient home improvements. Thu, 27 Jul 2023 18:03:24 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2023/04/05/ee6351b1-c6eb-4ce9-bf1c-f1b55a6e87d9/thumbnail/60x60/d7d6aceb6a4b3bfd8b6948cfedbaf17e/0405-moneywatch-sponsorv2-1857067-640x360.jpg 85d0f350-c7dc-4db2-b38d-13f536b5ecc0 https://www.cbsnews.com/video/these-free-tax-filing-services-are-available-to-millions-of-americans/ Millions of Americans qualify for free tax filing services and don't even know it. Stefanie O'Connell Rodriguez, host of Real Simple's "Money Confidential" podcast, walks through some of the free programs available this tax season. Thu, 27 Jul 2023 18:01:50 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2023/04/11/075c7676-1ea2-4f2f-8f7d-82070bc07bcf/thumbnail/60x60/eb5fc3b6dad50c1b8aa385e7068d0ad2/0411-cbsnews-spon-howtotaxforfree-1874595-640x360.jpg aba1daf9-ee80-4d5a-b633-81bbca5fee9f https://www.cbsnews.com/video/running-out-of-time-to-file-taxes-what-to-know-about-extensions/ Running out of time to meet the April 18 tax filing deadline? Stefanie O’Connell Rodriguez, host of Real Simple’s "Money Confidential" podcast, explains the pros and cons of filing for a tax extension. Thu, 06 Apr 2023 14:27:23 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2023/04/06/aedcfd97-a6ab-40dd-9d4c-4e145c26791d/thumbnail/60x60/e2dfd99be08cde294708f3cded19e0ee/0406-cbsnews-spon-mw-taxact-1860356-640x360.jpg 5bb595b5-fd0f-4db4-a644-37213c19e531 https://www.cbsnews.com/news/taxes-2023-irs-w2-scam/ The tax agency is warning not to fall for social media advice to file a fake W2 in the hope of getting a big refund. Wed, 08 Mar 2023 05:22:00 -0500 https://assets2.cbsnewsstatic.com/hub/i/r/2023/03/07/9b268622-83d4-4047-967c-21846f7bb948/thumbnail/60x60/b360861c1d38f3aa00bbf4f9a5e9f5d2/gettyimages-1438794367.jpg 968e865b-78f9-4214-b0ed-ec67c0d0983f https://www.cbsnews.com/video/poor-2022-stock-market-could-be-helpful-when-filing-2023-taxes/ CPA Ryan Losi explains how 2022’s poor stock market performance could be helpful in lessening tax bills this season. Thu, 16 Feb 2023 13:06:03 -0500 https://assets2.cbsnewsstatic.com/hub/i/r/2023/02/16/bfc02fd2-5bb7-40d1-a9aa-0fbe27602fd8/thumbnail/60x60/381a87359be82a8c4acfe1bcb4eaaaac/0216-cbsnews-spon-stockmarkettaxes-1719858-640x360.jpg 9aafe0bb-2f14-476c-9b46-ec8a4666d928 https://www.cbsnews.com/video/trump-tax-plan-wealthy-would-pay-more-some-would-pay-nothing/ Presidential candidate Donald Trump told Scott Pelley on Sunday night's “60 Minutes” that his new tax proposal means low-income Americans will pay nothing. Trump's lead in the Republican presidential race has nearly vanished, according to an NBC/Wall Street Journal nationwide poll. It shows Dr. Ben Carson is just one point behind Trump, with Sen. Marco Rubio and former CEO Carly Fiorina tied for third. Major Garrett reports. Thu, 08 Apr 2021 18:29:10 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/04/08/ef04fcef-3a89-41d8-985c-559b38576308/thumbnail/60x60/c59bb9b875b1e957e4a481fa2315258c/ctm-0928-garrett-trumptaxplan-449278-640x360.jpg c36698ac-06f8-4eeb-b9bf-0f7c249f1dfd https://www.cbsnews.com/video/havent-filed-your-taxes-yet/ The filing deadline is around the corner, but if you haven't filed yet - don't worry! CBS contributor Ray Martin explains why filing an extension is your best bet. Fri, 02 Apr 2021 07:51:10 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2021/04/02/d34d0729-1424-453c-bacd-6768654f5b22/thumbnail/60x60/4c49a2fbb2167bf6345cc1c766e6d15f/raytax-6-v3-still001-373705-640x360.jpg 3488a703-358a-45de-bba9-ad8c275945d7 https://www.cbsnews.com/video/3-tax-credits-high-earners-overlook/ There are a few tax credits that easy to forget about and thus go unclaimed, especially for those taxpayers who have higher incomes. CBS MoneyWatch contributor Ray Martin explains how to claim these credits. Thu, 01 Apr 2021 04:43:11 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2021/04/01/134bf2f2-eef1-427d-98ee-96b47fe9896c/thumbnail/60x60/55bd5b54aa9f614e84f3c4e197ef15ed/raytax4pic-354774-640x360.jpg 4c891eff-e20a-408b-81b6-2eeeccb73b5d https://www.cbsnews.com/video/dont-miss-these-overlooked-tax-deductions/ About 45 million Americans claim itemized deductions on their tax returns, but there are some deductions that are often overlooked. CBS MoneyWatch contributor Ray Martin discusses some of the not-so-obvious deductions you can claim on this year's tax return. Wed, 31 Mar 2021 21:17:11 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/04/01/91bb7a6b-4a29-4418-b23a-91f05b3232d2/thumbnail/60x60/badccdee16e825a081b4a735effff5b9/raytax5pic-354608-640x360.jpg b91fb852-6301-4ba7-b32e-08b6784f3ba4 https://www.cbsnews.com/video/the-amt-3-things-you-need-to-know/ 5 million Americans are hit hard by alternative minimum tax. CBS contributor Ray Martin explains what you can do now to reduce the AMT on your 2014 tax return. Wed, 31 Mar 2021 01:22:10 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/03/31/c693d042-8341-465f-a5ac-785e8fe8d9b3/thumbnail/60x60/b94e69f528b57966a71014896de224ec/ray-gfx-tax3-344893-640x360.jpg 3fcc998a-1ee6-4c38-ad5c-d2a3a00bf8c8 https://www.cbsnews.com/video/big-mistakes-to-avoid-on-your-2014-tax-return/ CBS MoneyWatch contributor Ray Martin weighs in on three possible pitfalls that could cause big mistakes on your 2014 tax return. Tue, 30 Mar 2021 18:34:11 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2021/03/30/1bc88ab0-5cc4-4348-a562-512932526301/thumbnail/60x60/cec61be30201e76b6d77ef6600914e5c/ray-gfx-tax2-342521-640x360.jpg 1ff57fb7-39da-4e0f-bf84-721869e4e44a https://www.cbsnews.com/video/there-are-still-ways-to-lower-your-2014-taxes/ Although its already 2015, there are still ways to lower your 2014 taxes. CBS financial advisor Ray Martin offers three strategies to consider before filing your 2014 taxes. Tue, 30 Mar 2021 11:28:11 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2021/03/30/da6bf5aa-ebf0-4462-b90f-cb7c9e965a18/thumbnail/60x60/814422e851584bf0138bb160c9909efd/ray-gfx-tax1-still002-339802-640x360.jpg 49c42a35-f4be-4d80-91b6-f90d444aeb6e https://www.cbsnews.com/video/what-to-know-about-irs-changes-before-filing-taxes/ The IRS is open for business, and Americans can begin filing electronic and paper returns. With IRS budget cuts and changes from the Affordable Care Act, tax-filers should brace for delays. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the ins and outs of filing your tax returns in 2015. Mon, 29 Mar 2021 22:33:11 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/03/30/02c42f94-8465-4ced-b188-83d2e81d88f5/thumbnail/60x60/fa7ed109438ff8acfef97224154f8dc2/ctm-0120-taxseason-333514-640x360.jpg 9f464b96-8696-42c3-bb58-33842a633f32 https://www.cbsnews.com/video/tax-season-tips-to-make-filing-your-return-easier/ Tax season officially begins soon. If you are preparing one of the 150 million individual tax returns that will be filed this year, it's time to get busy. Jill Schlesinger reports. Mon, 29 Mar 2021 20:20:11 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/03/30/7afd5f99-0334-4db1-9b59-57e4f1abe7b8/thumbnail/60x60/c94ab916cb4388b67b7b8146bd356c03/jill-332882-640x360.jpg 806b65c9-6c37-4d69-8b1c-a15b62561cce https://www.cbsnews.com/video/irs-budget-cuts-could-cause-major-delays-for-taxpayers/ The battle between Congress and the IRS could have serious consequences for Americans this tax season. A new report from an IRS internal watchdog warns taxpayers, "you are on your own" this year. Taxpayers nationwide can expect less help on the phone during tax preparations and more obstacles when disputing IRS mistakes. Wyatt Andrews reports. Mon, 29 Mar 2021 18:14:14 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2021/03/29/55c1a014-5b25-4325-b4c4-91e4ca130f71/thumbnail/60x60/f275889e178db29b66e3b3ba07fe156a/ctm-0115-irsbudgetcuts-331729-640x360.jpg 969d4d00-43e3-482b-89c7-8034f1dca725 https://www.cbsnews.com/video/when-to-hire-a-professional-to-file-your-taxes/ CBS Moneywatch contributor Ray Martin joins CBSN to provide some much-needed tips this tax season, including a tricky new rule for people with home offices. Mon, 29 Mar 2021 17:37:11 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2021/03/29/3b784fe7-d7fe-4fbc-80bf-7fb58f48d54d/thumbnail/60x60/b7a365118c3a5c3b7eb5293417ac77b9/cbsn-taxes-331543-640x360.jpg 9130a7d2-bea4-4b34-9d32-90641dbdf926 https://www.cbsnews.com/video/year-end-tax-moves-that-will-save-you-money/ Janet Bodnar, editor of Kiplinger's Personal Finance magazine, offers consumers ideas to help save money this holiday season. CBS News' Heba Kanso reports. Mon, 29 Mar 2021 02:25:11 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2021/03/29/7c8f1469-e34a-4fd2-b17c-4d494119bb17/thumbnail/60x60/c23e8fa0549ecec7a1e21f9e65f279e9/alternative-gift-00-00-23-19-still005-325238-640x360.jpg f9f99a7c-8832-4694-bd4a-d227416b495f https://www.cbsnews.com/video/tax-season-2014-changes-you-need-to-know/ From tax breaks for energy efficiency improvements to deductions for medical expenses, here's a quick overview of what's new. Mellody Hobson reports. Thu, 18 Mar 2021 15:50:12 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2021/03/18/24b73004-fd8c-4fa6-b425-a265026aa28a/thumbnail/60x60/0eeb4bfe64d45570e22c31330e949a79/hobson-tax-changes-640x360.jpg c9256cab-46eb-4086-b213-fd415e36a1c7 https://www.cbsnews.com/video/talking-taxes-what-you-need-to-know-for-tax-season-2014/ CBS News business analyst Jill Schlesinger talks to the "CBS This Morning" co-hosts about the most important changes this year you need to know before filing your taxes. Wed, 17 Mar 2021 19:25:14 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2021/03/17/a0deb215-e868-49f4-8cd0-2b7ba370bb98/thumbnail/60x60/9c82fb1005a5c511266708be0f92736b/ctm-0305-schlesinger-640x360.jpg c8c5f364-c932-4820-9376-4c3d5499481a https://www.cbsnews.com/video/tax-law-changes-you-should-know-about/ While the rules of the road for taxpayers aren't too different this year, some new laws are still worth noting before you file. CPA Jonathan Medows breaks down the biggest changes. Thu, 03 Sep 2020 00:58:09 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2020/02/17/7dc2fd29-1052-4a29-9856-0ca91bf81fd1/thumbnail/60x60/f3a6309f674d366ab818a5a88cde7600/cbsn-fusion-changes-to-2019-tax-laws-health-insurance-student-loans-retirement-age-thumbnail-445931-640x360.jpg ddc9d963-8334-4e4b-82b4-8945cf01daf7 https://www.cbsnews.com/video/what-you-should-know-as-a-parent-or-guardian-filing-taxes/ Recent laws have expanded the number of people who can claim the Child Tax Credit. Here's how to take advantage of it on your tax return. Fri, 15 May 2020 13:53:42 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2020/02/21/8901a531-1108-44d9-917a-d62446f41b16/thumbnail/60x60/5197c9733274df3c228c61721bbeef13/cbsn-fusion-what-you-should-know-as-a-parent-or-guardian-filing-taxes-thumbnail-449251-640x360.jpg ac890920-a5d3-4a56-acca-040f0f5b0bf2 https://www.cbsnews.com/video/should-married-couples-file-taxes-separately-jointly/ Married couples often save money by filing taxes jointly. But filing separately is sometimes advised -- even if it costs you more. Two tax professionals break down the costs and benefits of this approach. Fri, 15 May 2020 13:08:24 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2020/02/24/4778fa7a-895f-4cbb-b84f-d6696f1869f1/thumbnail/60x60/364248b9d1c9c660763040ba27db7a9b/married-2034192-640x360.jpg 2dd2597b-cf92-45dc-9a7c-789147bd32ef https://www.cbsnews.com/video/what-are-the-rules-for-claiming-dependents-when-filing-taxes/ At tax time, claiming a child or dependent can save you a lot of money - but it's not always straightforward. CBSN spoke with New Gen Financial's Alicia Jegede to break down the do's and don'ts. Fri, 15 May 2020 11:30:56 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2020/02/28/197004ce-8712-4ee9-904e-1d6fee8b3939/thumbnail/60x60/9f59f1e79d691fac58e31a1f8e7b0db0/0228-cbsn-yt-claimdependents-2037394-640x360.jpg 1a4c1870-7586-4176-9435-fac786c84fd9 https://www.cbsnews.com/video/tackling-student-loans-during-tax-season-up-to-2500-interest-can-be-deducted-at-tax-time/ If you're one of the 48 million Americans paying off debt from education, tax time could mean some relief. The IRS allows you to deduct student-loan interest from your taxes. CBSN spoke with two tax professionals to get the details. Fri, 15 May 2020 10:38:39 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2020/03/02/75154420-b9e8-4c7d-9747-4e9230581742/thumbnail/60x60/4de0dbfab31f8f81ed85dc3da336b342/cbsn-fusion-tackling-student-loans-during-tax-season-up-to-2500-interest-can-be-deducted-at-tax-time-thumbnail-453040.jpg 26e7b0cf-dd9c-4a29-9306-3d2b198e65a6 https://www.cbsnews.com/video/lee-cowan-on-retirement-and-taxes/ Lee Cowan gives us some insight into how much we need to save for retirement, and how our tax rates compare to the rest of the world. Mon, 26 Jun 2017 16:00:52 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2015/02/03/92597096-a22d-46d7-8061-feab958461cd/thumbnail/60x60/cf26a35e6cc95056c4dad5e65a544860/sm0324cowan340203640x360.jpg b239f26d-a737-11e2-a3f0-029118418759 https://www.cbsnews.com/news/hillary-clinton-donald-trump-taxes-presidential-campaign-2016/ Democrat Hillary Clinton and Republican Donald Trump have vastly different ideas for U.S. tax policy -- here's a breakdown Wed, 03 Aug 2016 05:15:00 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2016/08/03/eb51e097-7dd9-40fb-a801-13ca8d6a9464/thumbnail/60x60/ed1ffb0f33f4ab6d54c7b002f9fb7c6b/istock18818835large.jpg 6ff99d73-9bb9-4e2d-8a07-757b3655eb06 https://www.cbsnews.com/video/tax-tips-what-you-can-and-cant-write-off/ CBS News contributor and analyst Mellody Hobson breaks down what the IRS counts as a write-off, from pets to plastic surgery. Fri, 25 Sep 2015 12:33:26 -0400 https://assets1.cbsnewsstatic.com/hub/i/r/2015/02/04/0edb0e88-cad6-4eb7-b7be-218c221c1174/thumbnail/60x60/92d0e6973e3f6030301d24dd7f583727/taxtipswriteoffs328340206640x360.jpg b23d6fce-a737-11e2-a3f0-029118418759 https://www.cbsnews.com/video/smart-ways-to-spend-your-tax-refund/ The average tax refund last year was almost $3000 according to the IRS. CBS News contributor Mellody Hobson has four suggestions for what you can do with that cash. Fri, 25 Sep 2015 12:32:24 -0400 https://assets2.cbsnewsstatic.com/hub/i/r/2015/02/04/0327d0c9-91a0-4d6e-8127-918c63410af1/thumbnail/60x60/8ebf1ffcb7e9c2ac3e93a6249cb58168/moneywatch0403taxtips4340196640x360.jpg b23e722b-a737-11e2-a3f0-029118418759 https://www.cbsnews.com/video/how-to-attract-an-irs-audit/ Nobody wants the headache of having their taxes audited by the IRS. But some information on your form can be a red flag for Uncle Sam. CBS News contributor Mellody Hobson explains. Fri, 25 Sep 2015 12:32:24 -0400 https://assets3.cbsnewsstatic.com/hub/i/r/2015/02/03/b457fb41-db18-4620-8db0-ee8464a18f10/thumbnail/60x60/2ca5012310dc666f371a92500f9790cc/mw0320ttaudits340200640x360.jpg b2395288-a737-11e2-a3f0-029118418759