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Southern hospitals swamped with unvaccinated COVID-19 patients; next child tax credit coming this week
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Southern hospitals swamped with unvaccinated COVID-19 patients; next child tax credit coming this week
Some Americans, especially those who don't pay taxes, may still be due some pandemic money, a government report says.
Democrats reach price tag for broader infrastructure bill; Washington Monument reopens for visitors
A majority of Democrats in the House and Senate are backing a proposal to make some enhanced pandemic benefits permanent. Child Tax Credit payments of up to $300 per month begin July 15. Joseph Zeballos-Roig, an economic policy reporter for Insider, joins CBSN's "Red & Blue" host Elaine Quijano with more on the support and opposition the plan is facing from lawmakers.
A new report from the Fed shows that 76% of Americans surveyed at the end of 2021 did not think that the U.S. economy was doing good; however, 78% said they were individually doing at least okay financially.
April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" on the first day of tax season to discuss what Americans need to know when filing their taxes this year. She addresses specifics about the Child Tax Credit, stimulus payments, unemployment benefits and free resources for tax prep.
Starting in January, millions of families across the country will no longer receive an expanded version of the Child Tax Credit. CBS News chief legal correspondent Jan Crawford joins “CBS Mornings” to break down how this could impact families.
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
Nearly 4 million more U.S. children are living in poverty since the monthly checks ended in December, research shows.
The Biden administration is encouraging parents to file their taxes in order to receive the second half of the Child Tax Credit, which was part of the American Rescue Plan earlier in the pandemic. CBS News' Skyler Henry reports, and then CBS News reporter Sarah Ewall-Wice joins "Red and Blue" anchor Weijia Jiang with more details.
The House passed a short-term funding extension to avoid a government shutdown which now heads to the Senate. CBS News congressional correspondent Scott MacFarlane joined CBS News' Tanya Rivero and Nancy Chen with the latest on getting the extension to President Biden's desk and other legislative priorities.
In this MoneyWatch report, millions of Americans are set to bet on Super Bowl LVI. The Justice Department has seized billions of dollars in stolen Bitcoin. And Americans should know about some big money-saving tax credits. CBS MoneyWatch reporter Irina Ivanova joins "CBS News Mornings" with a breakdown.
Although the enhanced payments ended in December, families who didn't get their money last year can still claim it.
Families who received monthly payments in the second half of last year can still get up to $1,800 for children younger than 6 and $1,500 for children ages 6 to 17 as part of their refund.
The issue could create tax refund delays for parents if they rely on faulty information to complete their tax returns.
Several House Democrats in swing districts are concerned about their political fate ahead of the midterm elections. Looking for a way to drive voters to the polls, some of these lawmakers are suggesting breaking up the Build Back Better Act. The Biden administration's key spending bill currently faces uncertainty in the Senate. Washington Post congressional reporter Marianna Sotomayor joins CBSN to break down the strategy discussions on Capitol Hill.
American families who depended on the enhanced child tax credit for extra income will not receive payments in January. Stormy Johnson, a mother and student support specialist in West Virginia, joined CBSN to discuss how the lapse is affecting her community and her message to West Virginia Senator Joe Manchin, who opposes the enhanced credit's extension.
Cash payments of up to $300 per child are ending as inflation and winter take a toll. Many parents are worried.
The Internal Revenue Service will begin accepting and processing 2021 federal tax returns on Monday, January 24. That comes as about 36 million families stop getting child tax credit payments. CBS MoneyWatch reporter Aimee Picchi spoke with Jericka Duncan on CBSN to review tips for filing tax returns and getting any refund as efficiently as possible.
Treasury officials warn filing taxes is going be a challenge this year due to the ongoing pandemic and a lack of resources at the Internal Revenue Service. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano on CBSN to discuss.
Filing season opens January 24 and Treasury officials are urging taxpayers to get their tax returns in as early as possible.
Some Americans may see smaller-than-expected tax refunds in 2022 due to the Child Tax Credit. CBS MoneyWatch reporter Aimee Picchi joins CBSN to explain what people need to know before filing their returns.
Many American families could be eligible to claim tax breaks in 2022 but only if they take steps now. CBS News MoneyWatch reporter Aimee Picchi joins Elise Preston on CBSN to discuss what should people do to maximize those tax credits.
The monthly enhanced child tax credit benefit is likely to be halted for January without an extension from Congress, according to the IRS. CBS News political contributor and Democratic strategist Antjuan Seawright joined CBSN to discuss the child tax credit's impact so far and what could happen next.