Tax Day is here, but the expanded Child Tax Credit hasn't materialized
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
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After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
People who are waiting until the last minute to file taxes have until 11:59 p.m. on April 15, unless they have been granted an extension.
A new sales tax has gone into effect, raising the city's sales tax to the highest level in the state.
President Joe Biden's proposed 2025 budget outlines a range of tax breaks geared to both individuals and families.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Jackson Hewitt is brewing up a new way to help people tackle their taxes.
A tax company is brewing up a new way to help you get them done.
Some lawmakers at the Capitol say they want to shine a light on big businesses, their bottom lines and what they pay in taxes.
Democratic Gov. Tony Evers has signed a Republican-authored bill that expands Wisconsin's child care tax credit.
A welcomed boost to the bank account last year is now a potential speed bump during tax season.
The child tax credit is $1,750 for anyone earning less than $29,500 per year, or $35,000 per family. But — and it's a significant "but" — people earning more than that can also qualify; they will just get less than the $1,750.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
Wisconsin Republicans are trying again to pass a tax cut plan even though Democratic Gov. Tony Evers has vetoed their last two attempts.
An analysis by Columbia University estimates the credit could slash child poverty in Minnesota by one-third.
Taxes aren't due until April, but CBS News business analyst Jill Schlesinger says it’s time to make smart money moves right now.
More than 2 million Minnesotans received anywhere from $260 to $1,300 in tax rebate payments, as part of the $3 billion One Minnesota budget, signed into law by Gov. Tim Walz in May.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
When voters head to the polls Tuesday, some will see school referendums seeking additional funding for school renovations, technology, mental health support and more.
Potholes and bad roads make St. Paul's highways difficult to drive on. A proposal to raise local sales tax in order to fund infrastructure improvements would give voters a chance to address these issues.
More families in Minnesota can save money this back-to-school season if they hold onto their receipts for schools supplies.
Minnesota officials discovered an error in a tax cut bill lawmakers passed this spring that could cost taxpayers $352 million over the next two years, but state leaders promised to fix it before it would take effect.
Income taxes in Wisconsin will go down an average of $3 a month under the greatly reduced tax cut Democratic Gov. Tony Evers signed into law after rejecting a much larger cut that Republicans wanted.
Income taxes would be cut across the board by $3.5 billion under a plan passed by Republicans who control the Wisconsin Legislature's budget-writing committee.
The bills passed by the DFL-controlled legislature feature targeted tax relief and one-time rebate checks, but also an onslaught on new tax increases.
Democrats are calling it the most productive legislative session in Minnesota history. Republicans are crying foul, saying voters will punish the DFL at the polls for a gross overreach.
