It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Watch CBS News
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
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.
Residents in Fort Lauderdale's Victoria Park neighborhood say a string of car break-ins and burglaries has left them frustrated and fearful after multiple failed arrests.
A rescue group says the French bulldog mix dubbed "Miracle" may need weeks of treatment after being found severely malnourished behind a local drug store.
A mother says her two young sons are still recovering after the blast that injured 11 people and killed the boat operator.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
A new state report shows Florida recorded 694 reportable boating accidents in 2025, with officials pointing to increasingly congested waterways.
Residents in Fort Lauderdale's Victoria Park neighborhood say a string of car break-ins and burglaries has left them frustrated and fearful after multiple failed arrests.
A rescue group says the French bulldog mix dubbed "Miracle" may need weeks of treatment after being found severely malnourished behind a local drug store.
A mother says her two young sons are still recovering after the blast that injured 11 people and killed the boat operator.
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
A new state report shows Florida recorded 694 reportable boating accidents in 2025, with officials pointing to increasingly congested waterways.
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.
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
The Trump administration has placed intense pressure on Cuba's communist leadership.
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
The only remaining roadblock: Miami Dade County Commission Chairman Anthony Rodriguez, who has so far refused to say when – or even if – he will allow the full commission to vote on it.
A group of Miami residents, including historian Marvin Dunn, filed suit last week in federal court to block the transfer of land for the proposed library.
CBS News Miami has confirmed from multiple sources that the Miami Dade State Attorney's office is investigating A3.
State Senator Rosalind Osgood is urging Wasserman Schultz not to run in Florida's 22nd Congressional district.
Several commissioners have raised questions about how the center would be funded in future years.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
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.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
"The Devil Wears Prada 2" edges out "Mortal Kombat II" at the North American box office this weekend.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.