Financial analyst discusses changes in effect for the 2026 tax season
Several changes went into effect that will impact some taxpayers' returns. Financial analyst Stephen Kates explains how.
Watch CBS News
Several changes went into effect that will impact some taxpayers' returns. Financial analyst Stephen Kates explains how.
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.
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.
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.
Nearly half of Americans who are expecting a tax refund this year say they plan to use the money to boost their savings or pay off debt, according to a Bankrate survey. We hear from Senior Industry Analyst Ted Rossman for his advice.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
The payments are being mailed to recipients of the Empire State Child Credit, or the Earned Income Credit.
The Senate's nonpartisan rules arbiter has dealt a blow to Democrats' plan for curbing drug prices.
Just because Monday is the deadline for filing your returns, it doesn't mean the IRS is ready to handle the workload.
While the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
COVID and the policies to help fight its economic implications have put the IRS far behind in its processing of tax returns.
Procrastinators who have waited to fill out those IRS forms should wait no longer.
Many tax payers are getting sticker shock, with returns drastically cut and some people even owing the government for the first time.
Check out our suggestions for the most offbeat ways to spend your tax refund.
You've got a hefty check headed your way, thanks to your tax refund. Don't spend it just anywhere. Instead, here are five smarter ways to use your refund money.
It's Tax Day and state and federal returns must be mailed or e-filed before midnight.
Hopefully you are one of the millions of Americans who will see a little extra green in your pockets from a tax refund. But what should you do with your new found cash?
Thousands of Connecticut taxpayers could potentially receive a lucrative financial windfall, U.S. Sen. Richard Blumenthal said Friday.
What is your largest asset? It's your ability to earn a living!
Roughly three percent of total filers, about 150,000 people, still have not had their refunds processed. Most of the returns held up are either filed on paper and handwritten or filed by a non-resident, according to state officials.
Those who filed their tax returns by mail in February and are still waiting for their refunds should receive them in August, according to the state.
After a year of disagreement, Democratic and Republican Legislators in Nassau County have come to a deal on $95 million in property tax refunds.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
More than 100 emergency responders were called to a three-alarm fire in Inwood, Manhattan early Monday morning.
Louis Munteanu scored two goals, and Sean Johnson had four saves as D.C. United beat New York City FC 2-0 on Sunday in the first meeting between the clubs this season.
There was no immediate reason given for the 81-year-old's hospitalization.
Mark Vientos hit two home runs and right-hander Clay Holmes allowed one run in 6 2/3 innings as the New York Mets beat the Los Angeles Angels 5-1 on Sunday.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
More than 100 emergency responders were called to a three-alarm fire in Inwood, Manhattan early Monday morning.
Fourteen people, including 12 firefighters, were injured in a multiple-alarm fire in Queens on Sunday.
Several people were arrested Saturday night when a large crowd gathered outside a Brooklyn hospital after ICE agents detained a man, according to the NYPD.
Two collared lemurs were born at the Bronx Zoo in March and can now be seen inside their habitat at the Madagascar! exhibit.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
A massive fire burned for hours in Belleville, New Jersey on Sunday. The blaze prompted a state of emergency, knocked out power and shut down schools Monday.
An investigation is underway after a United Airlines plane struck a light pole and truck on the New Jersey Turnpike as it was coming in for a landing at Newark Liberty Airport on Sunday afternoon, officials said.
A passenger was detained at Newark Airport in New Jersey on Saturday after an altercation on board a United Airlines flight, police said.
A small plane crashed at an airport in Union County, New Jersey, on Saturday.
A cool weekend is ahead for the New York City area before warmer weather returns.
Police identified the suspect in the deadly stabbing of two women on Long Island, saying he lived with one of them and worked with the other.
A suspect is in custody after two people were stabbed to death on Long Island early Friday morning, Nassau County police said.
Suffolk County officials say contamination from a former Grumman Navy site is far worse than previously acknowledged and is still spreading.
The Suffolk County Police Department has converted a seized 2020 Corvette Stingray Coupe into a full-fledged police car, with lights and siren, to raise awareness about driving while under the influence.
Residents said anti-Muslim vandalism was found on at least eight stop signs in the area of Carto Circle in Deer Park.
There was no immediate reason given for the 81-year-old's hospitalization.
Several people were arrested Saturday night when a large crowd gathered outside a Brooklyn hospital after ICE agents detained a man, according to the NYPD.
Thousands rallied on International Workers' Day across the five boroughs, including on Wall Street, where hundreds blocked the New York Stock Exchange.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
The Trump Administration is once again taking aim at New York City's congestion pricing program.
Keyport residents say they're on edge because of dozens of cancer cases over the years in a neighborhood near the former Aeromarine landfill.
The B.R.O. Experience Foundation uses cognitive behavioral therapy, mentorship and creative expression to support men of color navigating identity.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
The 2026 Met Gala's dress code is "Fashion is Art," which goes hand-in-hand with the theme of "Costume Art."
The 2026 Met Gala's theme, "Costume Art," aims to make the connection between fashion and art.
"The Ed Sullivan Show" on CBS brought the evolution of rock music into America's living rooms. More than 50 years after Sullivan died, he's getting the ultimate rock 'n' roll honor.
Megan Thee Stallion has decided to end her run with "Moulin Rouge! The Musical" early, the Broadway show announced on Monday.
The woman accusing Harvey Weinstein of raping her at a Manhattan hotel room in 2013 took the stand Monday in the third trial of the disgraced movie mogul.
Louis Munteanu scored two goals, and Sean Johnson had four saves as D.C. United beat New York City FC 2-0 on Sunday in the first meeting between the clubs this season.
Mark Vientos hit two home runs and right-hander Clay Holmes allowed one run in 6 2/3 innings as the New York Mets beat the Los Angeles Angels 5-1 on Sunday.
Jasson Domínguez hit a two-run homer and an RBI single in a seven-run eighth inning and the Yankees routed the Orioles 11-3 on Sunday for their 13th win 15 games.
The Philadelphia 76ers are limiting who can buy tickets to Eastern Conference semifinal games at Xfinity Mobile Arena to "residents of Greater Philadelphia area."
FC Dallas beat the New York Red Bulls 2-0 on Saturday night to snap a four-game winless streak.
In New York City, where land is at a premium, a stockpile of pristine soil unearthed at construction sites helps lower emissions and support urban farmers.
Have you ever wondered what happens to a restaurant's leftover or unsold food at the end of the day? Food access advocates say it could make a big difference if it were served to the community.
A new report finds a shortage of courts, fields and swimming pools in some New York City neighborhoods.
Residents living near New York City's busiest airports say the noise overhead has escalated from a nuisance to a health concern.
Construction began Tuesday on a major redesign of Flatbush Avenue in Brooklyn.
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.
The 2026 Met Gala is set for Monday night with many celebrities expected to gather at the Metropolitan Museum of Art for the annual fundraiser.
A major warmup is in store for the first half of the week across the Tri-State Area before rain comes. CBS News New York Meteorologist Tony Sadiku has the forecast.
A massive fire that spread to several homes and buildings, knocked out power and blew smoke throughout the Belleville, New Jersey area on Sunday afternoon and evening.
A three-alarm fire broke out at a six-floor walk-up apartment building in Inwood, Manhattan early Monday morning. CBS News New York's Aziza Shuler reports.
CBS News New York's Vanessa Murdock says we'll see temperatures in the low 80s on Tuesday, but then the mercury will retreat.