New Tax Laws Giving Many People Sticker Shock And Smaller Refunds
Americans like Melissa Velez filed for the government's standard deduction – which is now a $12,000 credit for taxpayers - and her return was nearly cut in half.
tax reform
IRS Stops States' Attempts To Save SALT Deduction
New rules unveiled by the IRS undermine some states' attempts to help residents keep a version of a popular federal income tax deduction.
Report: Bigger Paychecks Now Could Mean Bigger Tax Bills Next Year
The U.S. Department of the Treasury estimates 30 million Americans are being "under-withheld" this year.
New York, New Jersey, Connecticut Sue Over Tax Overhaul
Sue claims new $10,000 tax limit on state and local deductions aimed at hurting specific states.
New Jersey Introduces Charitable Option To Help Taxpayers Hit By Capped Federal Deductions
The federal tax changes will affect states, like New Jersey, with some of the highest property tax rates in the country. On Friday, Gov. Phil Murphy signed a law that aims to provide some relief.
GOP Tax Plan Could Wind Up Benefiting Opponents Schumer, Gillibrand
The fight over the new Republican tax law had some Democrats working hard to stop it. But now, it appears some of those lawmakers stand to benefit from the changes.
New Yorkers Wonder How New Tax Plan Will Affect Their Families
More than 50 people showed up at the Wyckoff Heights Medical Center on Saturday – not for medical advice, but to discuss taxes and how the plan that was passed in Washington might affect them.
Republican State Senators Unveil Plan To Protect New York Taxpayers
The fight to protect New Yorkers from feeling taxed out from the federal tax plan got another player on Tuesday.
Tax Reform Credited For Company Bonuses
A growing number of companies say the new federal tax law will benefit their bottom lines, so they're sharing the windfall with workers.
Local Homeowners 'Taxed Out' As New Federal Tax Code Takes Effect
With the new year brings a new federal tax code, which means higher taxes for many in our area because of the elimination of local and state deductions.
GOP Senators Tout Tax Reform Bill Ahead Of Vote
President Donald Trump could score his first legislative victory this week, as Congress is expected to vote on its tax overhaul plan.
Experts: Take Advantage Of Deductions Before Tax Reform Bill Is Signed
One day after congressional leaders hammered out a tax reform agreement, Tri-State Area residents are calculating what the loss of key deductions will cost them.
Local Republican Lawmakers At Odds With Compromise On GOP Tax Bill
President Donald Trump says the bill will lower the average American's tax bill, but it has some local lawmakers worried about state, local, and property taxes.
Senate Passes GOP Tax Overhaul Bill In Early Morning Vote
The Republican-led House approved a similar bill last month. Now, the two chambers will try crafting a final compromise to send to the president.
Suffolk County Executive Starts Online Petition Against Tax Overhaul Plan
Suffolk County Executive Steve Bellone says the Republican tax proposal would be "absolutely devastating for Long Island."
Long Island Lawmakers Warn GOP Tax Plan Would Be 'Punch In The Gut'
Politicians from both sides of the aisle stood together Tuesday, urging their colleagues to slow the process and consider the ways they're hurting the northeast.
Trump Blasts Schumer, Pelosi As 'All Talk, No Action' After They Cancel White House Meeting
President Donald Trump is making another new push for his year-end agenda as he heads to the Capitol to rally Senate Republicans on taxes.
NY Republicans Accuse Cuomo Of Lying About Tax Reform Vote
After the House narrowly approved the Republican tax bill, Cuomo was quick to criticize the four upstate New York Republicans who voted 'yes.'
House Republicans Pass Tax Reform Bill
The House voted 227-205 along party lines to approve the bill, which would bring the biggest revamp of the U.S. tax system in three decades.
Real Estate Group Fears Tax Plan Could Lead To Housing Crisis On Long Island
Now that both the House and Senate have unveiled their plans, which slash or eliminate several deductions, including those for property taxes, many want to know what the proposals mean for them.
President Trump Talks Tax Plan At Lunch With Senate Republicans
President Donald Trump is heading to Capitol Hill for a lunch with Senate Republicans.
Trump Calls On GOP To Pass Budget, Tackle Tax Reform
President Donald Trump is set to head to Capitol Hill for action on a budget bill, and he hopes for a quick passage to move his agenda forward.
Trump Suggests Possibility Of Tax On Wealthy; Sanders Unveils Medicare For All Plan
President Donald Trump is reaching across the aisle for help on his signature issue – tax reform.
CBS News New York — Watch Live 24/7
Latest News
Taxi driver killed on the job in Queens
Police say he took five passengers to Far Rockaway early Saturday. Once there, they allegedly tried to rob him.
FDNY firefighter suffers serious burns in Staten Island fire
Although he was still intubated Saturday, doctors said his condition has improved significantly.
Boat catches fire off coast of Block Island
The Coast Guard says they responded Friday after the engine somehow caught fire.
First Alert Weather: CBS2's 8/14 Sunday morning forecast
Sunday will be another fine day; however, clouds will begin to increase in the afternoon hours.
Police: 14-year-old arrested in shooting death of Bronx teen
Jacob Borbin, 14, was shot in the chest and killed early Thursday morning.
Salman Rushdie stabbing suspect charged with attempted murder
The author will likely lose an eye, and the nerves in his arm were "severed" and his liver was "stabbed and damaged," his agent said.
Boil water advisory lifted after Belleville water main break
Newark Water and Sewer Utilities customers affected by Tuesday's water main break are no longer under the advisory.
First drive-thru cannabis dispensary in N.J. officially open
Employees say it's a convenient option for all customers, including those who may have mobility issues.
3 injured in machete attack at L.I. sporting goods store
Police say a man who had asked about purchasing rifles later attacked a store employee and two others.
New York News
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Police: 14-year-old arrested in shooting death of Bronx teen
Jacob Borbin, 14, was shot in the chest and killed early Thursday morning.
FDNY firefighter suffers serious burns in Staten Island fire
Although he was still intubated Saturday, doctors said his condition has improved significantly.
Taxi driver killed on the job in Queens
Police say he took five passengers to Far Rockaway early Saturday. Once there, they allegedly tried to rob him.
NYC Transit president wants justice after attack on employee
A subway cleaner jumped into action when a man was harassing customers Thursday morning at the Pelham Bay station.
Burglar breaks into Bronx deli, makes off with safe
According to police, a man used a stick to lift the deli's front gate and crawled under to get inside.
Connecticut News
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Some essential workers in Connecticut may be eligible for financial relief
Workers can receive up to $1,000 from the Premium Pay Program.
Connecticut launches reproductive rights website and hotline
The services were launched in the wake of the Supreme Court's decision to overturn Roe v. Wade.
Conn. education plan addresses health care worker shortage
It will offer tuition assistance to incentivize low-income and minority students to enter accelerated programs.
Connecticut man finds bear eating in his kitchen
Bill Priest, of West Hartford, walked into his kitchen Sunday and found the intruder.
New York City joins state in declaring monkeypox emergency
The numbers are troubling, and experts say vaccine delays will only allow the virus to spread more.
New Jersey News
More New Jersey News
Boil water advisory lifted after Belleville water main break
Newark Water and Sewer Utilities customers affected by Tuesday's water main break are no longer under the advisory.
First drive-thru cannabis dispensary in N.J. officially open
Employees say it's a convenient option for all customers, including those who may have mobility issues.
Gas prices below $4 per gallon for first time since March
AAA says the average price of a gallon of regular in New Jersey on Friday was down 13 cents from last week.
Global supply chain issues disrupting construction projects in Hackensack
City officials said they're not immune to supply chain issues that are making it difficult to get multi-million dollar projects done on time.
New York City and New Jersey expand monkeypox vaccine access
More than 9,000 new appointments in the city are expected to go online Saturday morning.
Long Island News
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3 injured in machete attack at L.I. sporting goods store
Police say a man who had asked about purchasing rifles later attacked a store employee and two others.
Drive sober or get pulled over: Sobriety checkpoints will be out in force across New York
A major push will launch across New York starting next week. The goal is to crack down on drunk and impaired driving.
Long Island team heading to Little League World Series
This is Massapequa's first time going to the Little League World Series in their 72-year history.
Suffolk County Police: Thieves targeting women in store parking lots
Police say at least four suspects have struck at least ten times already.
Nassau lawmakers call congestion pricing plan an attack on the suburbs
They say it's unfair for residents to pay extra just to go to work, medical appointments, or to enjoy the city.
Politics
More Politics
What is the Espionage Act?
The Justice Department is investigating Trump for potential Espionage Act violations, according to a search warrant. What does it mean?
Early voting starts Saturday for New York's August election
Voters will get to choose candidates for the U.S. House of Representatives and state Senate.
Hochul touts success of New York's new red flag laws
Hochul traveled to Rep. Lee Zeldin's backyard to tout the early success of the state's new red flag laws.
House passes Democrats' climate and health care bill, sending it to Biden's desk
Called the Inflation Reduction Act, the bill passed the House in a 220 to 207 party-line vote, days after it cleared the Senate in 51 to 50.
Mar-a-Lago search warrant released, reveals FBI seized top-secret classified documents
The Justice Department is investigating the former president for potential Espionage Act violations.
Health
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New York City and New Jersey expand monkeypox vaccine access
More than 9,000 new appointments in the city are expected to go online Saturday morning.
New Yorkers on the fence about easing COVID guidelines
Two and a half years later, CDC officials say we can start backing away from COVID guidelines.
Polio virus found in New York City wastewater
Polio is likely circulating in the five boroughs, according to the city and state health departments. It is preventable with vaccination.
New Yorkers welcome relaxed COVID-19 safety guidelines
While the pandemic is not over, the CDC says it no longer can severely disrupt our daily lives.
EPA: Toxic gas leaks from factories affected 2 N.J. towns
The EPA plans to speak with affected communities about the risks in the coming weeks.
Entertainment
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R. Kelly accuser in alleged child sex video set to testify
The singer's federal trial on charges he conspired to obstruct justice in his 2008 state child pornography trial starts Monday in Chicago.
Ukrainian children stage play in Brooklyn for fundraiser
Eight children, a director-mom and other parent chaperones, have been invited to the U.S. from war-torn Ukraine.
"Harry Potter: A Forbidden Forest Experience" coming to Westchester County
Harry Potter's wizarding world keeps growing with movies, theme parks, and now an interactive experience in New York.
Anne Heche's family hopes to donate her organs after crash left her on life support
Police say they're investigating whether Heche was driving under the influence at the time of the crash. Doctors are exploring whether she can be an organ donor.
Metallica, Mariah Carey headline Global Citizen NYC concert
Priyanka Chopra Jonas will host the Central Park event.
Sports
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Kiner-Falefa helps Yankees squeeze past Red Sox
It was manager Aaron Boone's 400th career victory with the Yankees.
DeGrominant: deGrom dominates again as Mets edge Phils
The Mets posted their MLB-best 15th shutout.
Pozuelo's brace sparks Inter Miami to 3-2 win over NYCFC
Drake Callender saved three shots for Inter Miami. Sean Johnson had three saves for NYCFC.
Torres, Gallese lead Orlando City over Red Bulls
New York outshot Orlando 15-2, but both teams only had one shot on goal.
Source: Zach Wilson out 2-4 weeks with knee injury
Zach Wilson and the Jets appear to have avoided a preseason nightmare.
The Dig
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Circo's Pastry Shop: Baking in Bushwick the old-fashioned way since 1945
"Our store is pretty much like a dinosaur," co-owner Anthony Pierdipino told CBS2's Elle McLogan.
Zum Stammtisch: A taste of Germany in Glendale since 1972
"It's really traditional, old-school Bavarian," co-owner Werner Lehner told CBS2's Elle McLogan.
Tula House: Greenpoint's immersive plant shop is a destination for discovery
"We want the common plants, but we really love the uncommon plants," co-owner Christan Summers told CBS2's Elle McLogan.
Stanton Tailor Shop: A Lower East Side destination for the perfect fit
"It makes me feel good when the people go out and they feel confident in what they're wearing," owner Pablo Vargas told CBS2's Elle McLogan.
Myers of Keswick: A British grocery store in the West Village offering 'comforts from home'
"I always like to describe it as a little taste of England," owner Jennifer Myers-Pulidore told CBS2's Elle McLogan.
Latest Galleries
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Remembering Olivia Newton-John through the years
Beloved singer, songwriter and actress Olivia Newton-John died Monday morning at 73.
Remembering Ivana Trump through the years
Ivana Trump passed away in her New York home at age 73.
New York City Pride March draws crowd of thousands
Thousands came out for the 2022 New York City Pride March through Manhattan on Sunday.
Juneteenth celebrations held across New York City
Juneteenth celebrations took place across New York City on June 19.
Mermaid Parade returns to Coney Island for 40th anniversary
The famous Mermaid Parade returned to Coney Island on Saturday for its 40th anniversary.
Latest Videos
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Latest Videos
First Alert Forecast: CBS2 8/13 Nightly Weather at 11PM
CBS2's Vanessa Murdock has your weather forecast for August 13 at 11 p.m.
Coast Guard responds to boat fire off Block Island coast
Thick clouds of smoke could be seen coming from a boat off the coast of Block Island on Friday.
Boil water advisory lifted for Newark, Belleville residents
A boil water advisory has been lifted following a water main break along the Newark-Belleville border in New Jersey.
Author Salman Rushdie taken off ventilator, able to talk after attack
Author Salman Rushdie was taken off a ventilator Saturday and is now able to talk after he was attacked Friday in western New York. Michael George reports for CBS2.
Teen charged in shooting death of 14-year-old Bronx boy
Police have charged a 14-year-old boy with murder in the deadly shooting of another 14-year-old in the Bronx.
