Surging U.S. gas prices could erase bigger tax refunds, analysis finds
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
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Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Early tax refund data shows the typical check is so far 14% higher than a year ago. Here's what Americans are planning to do with the money.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
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.
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.
Austin Carter reports this could include credit cards, student loans, or auto loans.
Tax expert Stephanie Davila said they are down by about 13 percent.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
About 1.5 million Americans have until July 17 to get the unclaimed refunds, the tax agency says.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
The IRS says it typically issues refunds within 21 calendar days of accepting your tax return
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
The president showcased his administration's efforts to promote electric vehicles during a visit to the Detroit auto show.
Floridians facing economic pressure from inflation will get a second crack to save on "freedom" starting Friday.
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.
You've got a hefty check headed your way, thanks to your tax refund. Don't spend it just anywhere. Instead, here are five smarter ways to use your refund money.
If you live in South Florida, chances are you or someone you know has been a victim of identity theft. Florida leads the nation in tax identity theft, where the crooks steal your tax refund. CBS4's David Sutta has details of a new free program that will keep your identity safe.
What is your largest asset? It's your ability to earn a living!
It's that time of year again. Tax forms from employers and banks are in the mail and identity thieves will be doing what they can to cash in, fraudulently, on Uncle Sam.
The best part of paying your taxes is probably getting your refund check.
A sophisticated scam is running rampant nationwide, and even the savviest taxpayers are falling for it.
The demolition is part of a plan to build two new towers that will include both hotel rooms and residences.
The incident took place at the Citadelle Henri, also known as Citadelle Laferriere, a 19th-century fortress and tourist spot in the northern town of Milot.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
The demolition is part of a plan to build two new towers that will include both hotel rooms and residences.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.
The U.S. Court of Appeals for the District of Columbia Circuit said it did not have enough information to decide how much of the project can be suspended without jeopardizing the safety of the president.
A horde of 2028 Democratic presidential hopefuls attended Al Sharpton's National Action Network conference, nearly two years before the first primary votes will be cast.
The woman alleged the California gubernatorial candidate sexually assaulted her twice when she was too drunk to consent.
Plans submitted by the Interior Department show the triumphal arch would be 250 feet tall, the tallest triumphal arch in the world.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
Former state Sen. Lauren Book launched her 11th annual statewide walk, encouraging survivors to share their stories amid renewed attention on the Epstein case.
Miami Archbishop Thomas Wenski is pressing county commissioners to approve a long-delayed mental health center, warning lives are at stake as the building sits empty.
Emily Gregory describes the days following her upset victory in Tuesday's special election as "a little overwhelming, surreal, but exciting."
The Miami Center for Mental Health and Recovery, located at 2200 NW 7th Avenue, would be a first-of-its-kind facility that could make a difference in the lives of countless people.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
The rapper formerly known as Kanye West being denied entry into the U.K. has raised questions over the star's upcoming performance in Italy.
Rapper Offset is recovering after a shooting at Seminole Hard Rock Hotel and Casino, where Lil Tjay was among two people detained and later charged.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.