The IRS is raising your 401(k) and IRA contribution limits for 2026
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
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The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
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.
Some Americans may be following false claims on social media and missing out on legitimate deductions.
Sources tell CBS News the Internal Revenue Service is close to finalizing a deal with immigration enforcement. CBS News New York's Jessica Moore reports.
Tax season can bring added exposure to scams and fraud. A mother and daughter in Little Neck, Queens say it happened to them.
CBS News New York's Elle McLogan spoke to experts about precautions people can take during tax season.
Most eligible taxpayers have already received their 2021 Recovery Rebate Credit payment, but there's still time to file a claim.
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 IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
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're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
We speak with IRS Commissioner Danny Werfel about his first tax season leading the agency.
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.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
It's easy to get more time to file before the April 18 deadline, but you'll still have to pay the IRS if you owe money.
Americans shell out billions of dollars to prepare and file their tax returns. Here's how to do it without spending a dime.
Differences in local tax rates across the U.S. can add up for those who live in certain states.
If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
In case you missed it, we previewed Super Bowl ads before Sunday's big game and a first-time lottery player discovered her lucrative luck.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
CBS News New York Investigates is looking into Supplemental Nutrition Assistance Program benefits, and the new work requirements in order to keep them.
Caleb Durbin broke a tie with a two-run homer in the fifth inning and the Boston Red Sox beat the New York Yankees 6-3 on Thursday night.
Pete Crow-Armstrong laced an RBI double in the 10th inning, powering the Cubs to a 4-3 victory Thursday night over the sinking Mets and a sweep of the four-game series.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
A Queens man has been charged with deed theft after the New York Attorney General accused him of forging paperwork to steal the home of a woman with dementia.
CBS News New York Investigates is looking into Supplemental Nutrition Assistance Program benefits, and the new work requirements in order to keep them.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
Victims of e-bike crashes are suing New York City over Mayor Zohran Mamdani's directive ending criminal enforcement of violations.
Elected officials are lauding the work of law enforcement in what is considered the largest gang takedown in Brooklyn history.
The World Cup has taken over New York City, but it's not just about the soccer out on the pitch. For many fans, it's about wearing the jersey and feeling honored to represent their country on the biggest stage.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
Three semi-trucks erupted in flames after a crash that killed one on the NJ Turnpike during the Thursday morning commute.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
Jersey City Mayor James Solomon says his city's $255 million budget shortfall was caused by the shortfalls of the previous administration.
The owner of a New Jersey diner says World Cup matches at MetLife Stadium have been bad for business.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
A defense attorney made stunning new claims in court Wednesday about what may have sparked the fatal stabbing of a Massapequa man.
A defense attorney made stunning new claims in court Wednesday about what may have sparked the fatal stabbing of a Massapequa man. CBS News New York's Carolyn Gusoff reports.
All three candidates backed by NYC Mayor Zohran Mamdani were projected to win their Democratic primaries Tuesday night.
A woman, her mother and her daughter from Bayport were all indicted in connection with Jor'Dynn Duncan's death on Long Island.
There is a new kind of on-demand video messaging called "kosher cameos" that just launched on Long Island and it doesn't cost a thing.
CBS News New York Investigates is looking into Supplemental Nutrition Assistance Program benefits, and the new work requirements in order to keep them.
Victims of e-bike crashes are suing New York City over Mayor Zohran Mamdani's directive ending criminal enforcement of violations.
The Supreme Court on Thursday said the Trump administration can move forward with its efforts to strip more than 356,000 Syrian and Haitian immigrants of temporary protections.
New York City's Rent Guidelines Board voted Thursday night for a rent freeze, a decision that will impact millions of residents.
Jersey City Mayor James Solomon says his city's $255 million budget shortfall was caused by the shortfalls of the previous administration.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
When a large tent appeared next door to Taylor Swift's Watch Hill estate this week, it didn't take long for speculation about the superstar's impending nuptials to ripple through the affluent New England seaside village.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
Caleb Durbin broke a tie with a two-run homer in the fifth inning and the Boston Red Sox beat the New York Yankees 6-3 on Thursday night.
Pete Crow-Armstrong laced an RBI double in the 10th inning, powering the Cubs to a 4-3 victory Thursday night over the sinking Mets and a sweep of the four-game series.
The Chicago Cubs swept the reeling New York Mets with a 10-5 victory Wednesday night.
Paul Goldschmidt had two home runs and Jasson Domínguez hit a go-ahead, two-run shot in the sixth inning off Tarik Skubal, lifting the New York Yankees to a 4-2 series-winning victory over Detroit.
Pete Crow-Armstrong hit a three-run homer, Dansby Swanson also went deep and drove in four and the Cubs beat the Mets 9-6 on Tuesday night.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
After learning to swim in her 40s, one school leader is helping students gain life-saving skills.
Entrepreneurs in Brooklyn are reimagining laundry day as a social experience, turning neighborhood laundromats into gathering spaces.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
Knicks fans who couldn't make it to Thursday's parade still found a way to celebrate across New York in true blue-and-orange fashion.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Lonnie Quinn is tracking some rain and cooler conditions on Saturday.
A Queens man who had his legs amputated years ago got a letter from the city saying he must work or volunteer to be eligible for food stamps, so he turned to CBS News New York investigative reporter Tim McNicholas for help.
From the World Cup to Fourth of July celebrations, it’ll be a summer to remember in New York and New Jersey. Officials are working overtime trying to keep everyone safe. CBS News New York's Nick Caloway reports.
Two powerful earthquakes have reduced a portion of the country to rubble. Venezuela's health minister now says 235 people were killed and at least 4,300 others were hurt. CBS News New York's Dick Brennan reports.
The decision will impact approximately 2 million in New Yorkers and further shows the political power that Mayor Zohran Mamdani currently wields. CBS News New York's Andrew Ramos reports.
