New IRS tool for families trying to get Child Tax Credit payments
The IRS unveiled the tool Monday for people who made too little to file a tax return.
Watch CBS News
The IRS unveiled the tool Monday for people who made too little to file a tax return.
The IRS is sending out letters to taxpayers who may be eligible based on information it has from tax returns and distributing stimulus checks, among other measures.
Nonprofit investigative journalism organization ProPublica obtained never-before-seen IRS information and found the 25 richest Americans sometimes paid little or no federal income taxes. That includes Warren Buffett, Elon Musk, Michael Bloomberg and Jeff Bezos, the richest person in America. CBS News correspondent Elise Preston reports on reaction to the report, and Robert McClelland, a senior fellow with the Tax Policy Center, joined CBSN to discuss.
ProPublica analyzed a "vast trove" of IRS tax data on Jeff Bezos, Warren Buffet and other billionaires.
The IRS has started sending letters to households who may qualify for monthly payments of up to $300 per child.
The administration wants to spend $80 billion at the IRS, which it estimates could help the agency close a $7 trillion tax gap in the next decade.
Monday, May 17 is the deadline to file 2020 income taxes, after the IRS pushed back the deadline due to the coronavirus pandemic. Many people who have already filed are still waiting for their refunds. CBS MoneyWatch reporter Aimee Picchi joins CBSN AM to discuss.
Average refund is almost $3,000, but more taxpayers are facing delays this year due to IRS staffing and tax changes.
The deadline to file taxes in the U.S. is Monday, May 17. Mark Steber, Chief Tax Information Officer at Jackson Hewitt Tax Service, spoke with Lana Zak on CBSN about what you need to know before you file, and the tax credits you should consider.
Fred Goldberg, a former IRS commissioner who also served as assistant treasury secretary for tax policy, joined CBSN to discuss an op-ed he and other former commissioners recently wrote in The Washington Post. The op-ed argues President Biden's tax proposal "would restore our tax administration system to make it far fairer and more effective."
IRS said it delivered some 165 million payments worth about $388B, with an additional 1 million arriving this week.
If you've ever wondered where your tax dollars are going, you're not alone: Cardi B posted a video on Instagram saying she want receipts of where her tax money is going. Washington Post national correspondent Philip Bump joined CBSN to break down his article responding to Cardi B's tax questions.
As Americans begin filing their tax returns, the IRS is warning about scammers looking to steal taxpayers' refunds.
Monday, Jan. 29 is the first day the IRS will accept 2017 tax submissions. Although the Republican tax law took effect Jan. 1, it does not apply to 2017 tax returns. Lauren Lyone Cole, senior editor for Business Insider, joins CBSN to explain the benefits of submitting your tax returns early and how the IRS recommends you file your taxes.
Many homeowners are lining up this week to pay their property taxes early. The IRS says that some 2018 taxes paid before Dec. 31 can be deducted on this year's return. That's good news for people affected by a $10,000 limit on state and local tax deductions that begin on Jan. 1. Jan Crawford reports.
The Justice Department has settled with Tea Party groups that claimed they were subject to extra scrutiny by the IRS. CBS News justice reporter Paula Reid joined CBSN to discuss the case.
People usually get their refunds within three weeks, but this year is proving complicated for nearly 30 million filers.
Over the years, the IRS has made many public service announcements warning taxpayers that they do not call to collect money. Now, that has changed, with the IRS allowing debt collectors to call people who owe back taxes. Jericka Duncan reports.
A police officer called back a scammer who claimed to be from the IRS, and then posted the video online to warn consumers.
Job gains jumped in February; IRS made a dent in ID theft; and more Americans are buying water than soda. These headlines and more from CBS MoneyWatch.
U.S. interest rates may rise faster than expected; Americans buying homes at a record pace; and IRS pares back individual tax audits. These headlines and more from CBS MoneyWatch.
Tax filing season is here, and there are some rule changes that could affect your refund. This year's tax deadline is April 18, which gives you three extra days to file. The IRS expects more than four out of five taxpayers will file electronically. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from San Francisco with the potential impact of those changes.
The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans, according to the National Taxpayer Advocate Service, an independent arm of the tax agency that looks out for consumers' interest. Some taxpayers are fretting on social media about weeks of waiting for their money. CBS News Moneywatch reporter Aimee Picchi joins CBSN AM to talk about the delays.
The Department of Justice has charged 61 people for their alleged involvement in a multimillion-dollar IRS impersonation scam. CBS News Justice Correspondent Paula Reid spoke to CBSN from Washington about the case.
More college students and their parents are finding themselves the victims of an ongoing phone scam where thieves impersonate IRS officials. They demand payment for federal student taxes that do not exist. Over the last three years, taxpayers have lost more than $49 million dollars in IRS impersonation scams. Michelle Miller speaks to a victim of the latest hoax.
Potentially thousands have died from the crackdown to quash unrest amid protests.
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
Two Republicans switched their votes after pressure from the White House.
The Trump administration has not yet disclosed many details about the deal.
The Senate now has two funding packages on its plate ahead of its weeklong recess.
Rubina Aminian's mother forced her way into a morgue in search of her daughter, who her family says was shot in the head at close range.
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
The Trump administration has not yet disclosed many details about the deal.
The system has users download the PureGym app and scan a QR code in order to pass through cylindrical plexiglass doors of a pod and enter the gym.
The Trump administration's push to change the Defense Department's name to the Department of War could cost nine figures, according to a new estimate by Congress' budget watchdog.
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
The Trump administration has not yet disclosed many details about the deal.
The Trump administration's push to change the Defense Department's name to the Department of War could cost nine figures, according to a new estimate by Congress' budget watchdog.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
Potentially thousands have died from the crackdown to quash unrest amid protests.
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
Experts tell CBS News what sort of options President Trump has to respond to Iran's brutal crackdown on protesters.
Iran's rulers want the world to know they've weathered a storm, and they're threatening a harsh "lesson" for anyone deemed to have supported protests.
The Al Udeid airbase in Doha, Qatar, is the forward operating headquarters for U.S. Central Command, which oversees U.S. forces across the Middle East.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Ashley St. Clair, the mother of one of Elon Musk's children, alleges Grok generated and published sexual deepfake images of her without permission.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
The search continues in Virginia for a high school football coach charged with possessing child sexual assault material and using a computer to solicit a minor. CBS News breaking news correspondent Shanelle Kaul has the latest.
A trial is underway in northern Virginia for a man accused of plotting his wife's murder with help from his affair partner - the family's au pair. The former au pair was the first witness called to testify against Brendan Banfield. Jericka Duncan reports on the case.
The case has provoked anger and bewilderment from Russian politicians.
Brendan Banfield is charged with murder in the 2023 killings of Christine Banfield and Joseph Ryan at the Banfields' home in northern Virginia.
Crew 11 is expected to splash down off the coast of Southern California at 3:41 a.m., closing out a 167-day stay in space.
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Republicans in the Senate killed a resolution on Wednesday that would have put limits on President Trump's ability to take action in Venezuela. CBS News congressional correspondent Nikole Killion has more details.
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
Sources tell CBS News that the U.S. quietly purchased a device in late 2024 that may be connected to the mysterious condition known as "Havana Syndrome." CBS News reporter Olivia Gazis has more.
Florida Lt. Governor Jay Collins has jumped into a now-crowded primary for governor, going up against Trump-endorsed candidate Rep. Byron Donalds. Political strategists Kendra Barkoff Lamy and Justin Sayfie join with analysis.
After a week's worth of threats against the Iranian regime, President Trump now suggests military action may not be necessary. According to the president, the executions of protesters have been called off. CBS News' Elizabeth Palmer and Charlie D'Agata report.