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.
Watch CBS News
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.
Francisco Lindor scored the winning run on a throwing error in the 10th to lead the Mets past the Brewers 3-2 on Tuesday night.
The Houston Astros beat the New York Yankees 9-7 on Tuesday night.
A CBS News New York investigation has found that a car registered to the former police chief of Tuckahoe in Westchester County was involved in multiple reported hit-and-runs within minutes.
New Yorkers have a chance to snag discounted tickets to the U.S. Open.
A 9/11 memorial in Jersey City that's in need of repairs and maintenance is getting help from actor Gary Sinise's foundation.
A CBS News New York investigation has found that a car registered to the former police chief of Tuckahoe in Westchester County was involved in multiple reported hit-and-runs within minutes.
New Yorkers have a chance to snag discounted tickets to the U.S. Open.
The Anne Frank Tree in Liberty Park in Lower Manhattan is struggling to survive.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
State officials sent letters to agencies across New York instructing them to unwind agreements with ICE by Tuesday.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
A 9/11 memorial in Jersey City that's in need of repairs and maintenance is getting help from actor Gary Sinise's foundation.
Bayonne, New Jersey, is out of the Little League World Series after losing to Hamilton, Ohio, on Tuesday night.
Dozens of syringes and other debris were found on the beach in Manasquan on the Jersey Shore over the weekend.
A New Jersey woman is trying to understand how a shocking message was left on her birthday dessert at a local restaurant.
A small earthquake was detected in Morris County, New Jersey, on Saturday, officials say.
Starting in September, the Long Island Rail Road will offer year-round service to Montauk.
After years in the making, a team of surgeons successfully performed the first pancreas-kidney transplant on Long Island. Despite complicated risks, the first patient selected was all in. As CBS News New York's Jennifer McLogan reports, the patient says the double transplant saved his life.
The names include people who died from 9/11-related illnesses.
A man was arrested after investigators said they found 23 guns and hundreds of grams of various illegal drugs at his Long Island home.
A funeral was held Sunday for a Long Island woman who died after her SUV plunged into a backyard pool.
State officials sent letters to agencies across New York instructing them to unwind agreements with ICE by Tuesday.
A coalition representing 1,000 minority-owned bodegas and supermarkets is suing to stop New York City Mayor Zohran Mamdani's plan to build five city-run grocery stores.
The Supreme Court divided 6-3 in granting the Trump administration's request for emergency relief.
The meeting came with Democrats expected to take control of the House in the November elections, which would put Jeffries in line to become the next House speaker.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic between the historically allied countries continue.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Researchers say an alarming study on cognitive decline is specific to the African American community in Newark, New Jersey.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
The AMC Kips Bay 15 on Second Avenue has been open since 1999 but will shut down at the end of 2026, according to a spokesperson.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Francisco Lindor scored the winning run on a throwing error in the 10th to lead the Mets past the Brewers 3-2 on Tuesday night.
The Houston Astros beat the New York Yankees 9-7 on Tuesday night.
New Yorkers have a chance to snag discounted tickets to the U.S. Open.
Bayonne, New Jersey, is out of the Little League World Series after losing to Hamilton, Ohio, on Tuesday night.
Defender James Sands made a spectacular goal clearance before scoring in first-half stoppage time to help NYCFC earn a 1-1 draw with the New England Revolution on Sunday.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
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.
As part of a race on the Lower East Side this weekend, two winners will walk away with one month of free rent, up to $4,000.
CBS News New York's Lonnie Quinn has your First Alert Forecast for August 25 at 11 p.m.
Starting in September, the Long Island Rail Road will offer year-round service to Montauk.
Police are searching for a gunman accused of killing two men in separate shootings just two days apart. CBS News New York's Naveen Dhaliwal reports.
The NYPD says a 16-year-old has turned himself in for the deadly shooting of another teenager.
