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.
A Long Island man accused of burning down four homes in the Pocono Mountains was arrested in New York City with a truck full of nitrous oxide.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
CBS News New York's Chris Wragge takes us to Bayside High School, known for its six career and technical education programs preparing students for the future.
New York City's highly anticipated "Rental Ripoff" hearings kicked off Thursday in Brooklyn.
A state watchdog found a number of issues when it investigated three massive affordable housing complexes overseen by New York City's HPD.
A Long Island man accused of burning down four homes in the Pocono Mountains was arrested in New York City with a truck full of nitrous oxide.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
New York City's highly anticipated "Rental Ripoff" hearings kicked off Thursday in Brooklyn.
A state watchdog found a number of issues when it investigated three massive affordable housing complexes overseen by New York City's HPD.
A woman convicted of stowing away on a flight out of JFK Airport in 2024 has allegedly done it again, this time at Newark Airport, sources say.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
A woman convicted of stowing away on a flight out of JFK Airport in 2024 has allegedly done it again, this time at Newark Airport, sources say.
A federal immigration investigation on Wednesday ended with a chaotic crash in Newark, New Jersey, officials say.
Staff at Adventure Aquarium in New Jersey are welcoming three little blue penguin chicks who were born during the first week of February.
Gov. Mikie Sherrill nominated Jeanne Hengemuhle to serve as acting superintendent of New Jersey's 3,000-member state police force.
New Jersey is facing a lawsuit over a recent directive limiting immigration operations in state-controlled buildings.
A Long Island man accused of burning down four homes in the Pocono Mountains was arrested in New York City with a truck full of nitrous oxide.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
A Long Island crossing guard is in critical condition after being hit while shoveling snow in Merrick, sources said.
Dozens of people were displaced and three suffered minor injuries after a fire at a West Babylon, Long Island apartment complex.
Long Island grandfather's Seth Bykofsky's #1 fight since January has been to keep his custom license plate, which reads "PB4WEGO."
Julie Menin is settling into her role as the seventh elected speaker of the New York City Council.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
New York City Mayor Zohran Mamdani traveled to Washington, D.C., Thursday to meet with President Trump.
Gov. Mikie Sherrill nominated Jeanne Hengemuhle to serve as acting superintendent of New Jersey's 3,000-member state police force.
The Department of Homeland Security said ICE agents detained Elmina "Ellie" Aghayeva at Columbia University Thursday, saying her student visa was revoked in 2016. She was later released.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Harvey Weinstein has hired Luigi Mangione's and Sean "Diddy" Combs' lawyers to represent him at his third New York rape trial.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
Connor Clifton and Egor Chinakhov scored 50 seconds apart in the third period and the Pittsburgh Penguins surged past Jack Hughes and the reeling New Jersey Devils 4-1.
The Philadelphia Flyers rallied to beat the New York Rangers 3-2 on Thursday night.
The New York Islanders rallied to beat the Montreal Canadiens 4-3 on Thursday night.
Julian Champagnie scored 26 points to lead the Spurs to their 11th straight victory, 126-110 over the Nets on Thursday night.
The Buffalo Sabres beat the New Jersey Devils 2-1 on Wednesday night in the NHL's return to action.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Bayside High School in Queens has six different career and technical education programs that are mandatory for all 3,000 students.
Bayside High School alumni and staff cut a ribbon for the school's 90th birthday to start a month-long celebration.
The White House confirmed to CBS News on Thursday that at least one American was one of four people killed by Cuba's coast guard after the occupants of the boat allegedly opened fire on the Cuban military.
Athletic director Joe Capuana is retiring after 30 years and describes what makes the Bayside High School Community like no other.
Elmina "Ellie" Aghayeva was released later Thursday afternoon after being detained by federal agents that morning at one of its residential buildings. CBS News New York's Christina Fan reports.
