Stimulus checks: Prepaid debit cards hit consumers with fees
The prepaid debit cards may impose "unnecessary burdens" on the 4 million people who received them, some lawmakers say.
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The prepaid debit cards may impose "unnecessary burdens" on the 4 million people who received them, some lawmakers say.
The IRS has sent 159 million stimulus payments, but millions of taxpayers may still be waiting and could need to take action.
Millions of Americans are still waiting for their economic impact payments. Here are some reasons for the holdup.
Tax information shows President Trump's businesses ran up more than $1 billion in losses over a period of 10 years in the 1980s and 90s, The New York Times reported Tuesday. Citing printouts from the president's IRS tax transcripts obtained by the paper, The Times said Mr. Trump reported approximately $1.17 billion in losses between 1985 and 1994.
A new report claims President Trump's businesses were bleeding red ink while he bragged about "The Art of the Deal." The New York Times looked at IRS tax transcripts and information from the president’s tax forms and found more than $1 billion in losses from 1985 to 1994. He lost so much money, he did not pay income taxes in eight of those 10 years. Weijia Jiang reports.
One Social Security recipient who has been waiting for weeks said he's disheartened: "It's not a good system."
Cards will be sent to those who qualify for the federal payments but haven't provided the IRS with bank information.
The IRS data adds fuel to criticism that corporations aren't paying their fair share.
Agency adding thousands of telephone representatives to answer flood of questions about economic stimulus payments.
Americans who get supplemental income set to get the money by direct deposit, while checks go out on Friday.
The IRS started processing tax returns this week. Here's when to look for your refund.
Filing your return as early as possible means you get your refund faster. But if you're not expecting a refund, you may want to wait. CPA Jonathan Medows breaks down factors to consider when you file your taxes.
More than two-thirds of Americans qualify to file their tax returns for free, but less than 2% did so last year. CBS MoneyWatch reporter Irina Ivanova breaks down how to file your taxes without paying a cent.
How much income tax you pay depends on what tax bracket you fall into, but not all you income is taxed at the same rate. Timothy Schuster of EisnerAmper breaks down the brackets.
Once you file your tax return, it can take days or weeks for your refund to arrive. But there are steps you can take to get it faster. NerdWallet personal finance expert Kimberly Palmer explains.
Residents of U.S. territories who collect Social Security are among some of the last groups to receive their checks.
Married couples often save money by filing taxes jointly. But filing separately is sometimes advised -- even if it costs you more. Two tax professionals break down the costs and benefits of this approach.
At tax time, claiming a child or dependent can save you a lot of money - but it's not always straightforward. CBSN spoke with New Gen Financial's Alicia Jegede to break down the do's and don'ts.
If you're one of the 48 million Americans paying off debt from education, tax time could mean some relief. The IRS allows you to deduct student-loan interest from your taxes. CBSN spoke with two tax professionals to get the details.
Only a small portion of tax returns are flagged for an audit every year — and you can reduce your chances of being one of them by taking some common-sense steps when you file your tax return. Former National Taxpayer Advocate Nina Olson tells CBSN the details.
IRS says it has sent about 130 million payments. Here's why you may still be waiting for your money.
In response to the Coronavirus pandemic, the IRS and Treasury Department extended the tax filing and payment deadline from April 15 to July 15. Tax attorney Sahang-Hee Hahn joins CBSN to discuss the implications of the delay and how it could also impact the anticipated stimulus check.
Millions of Americans are counting on the coronavirus relief payments, but a range of factors can lower the payout.
Some deceased Americans received the emergency relief payments — now the agency wants the money back.
Blocking $500 payments to children because one or both parents are immigrants is discriminatory, lawsuit claims.
Iran releases video showing commandos seizing ships in the Strait of Hormuz as Trump remains largely silent on his next move in the war.
The Senate adopted a budget resolution after a five-hour "vote-a-rama," with the GOP moving forward to fund ICE without Democrats.
The order places FDA-approved products containing marijuana and state-regulated medical marijuana products at a lower drug classification.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
Prince Harry made an unannounced visit to Ukraine on Thursday to show his support for the country.
Cotton says current law leaves U.S. power grids, wastewater plants, and other high-risk sites exposed to emerging drone threats.
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
The wife of Sgt. First Class Jose Serrano is being held at an ICE detention center in El Paso.
The settlement stems from claims Capital One paid lower interest on older savings accounts while offering higher rates on a similar product.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Cotton says current law leaves U.S. power grids, wastewater plants, and other high-risk sites exposed to emerging drone threats.
The order places FDA-approved products containing marijuana and state-regulated medical marijuana products at a lower drug classification.
The settlement stems from claims Capital One paid lower interest on older savings accounts while offering higher rates on a similar product.
Iowa City police are searching for a 17-year-old suspect charged in connection with a shooting that injured five near the University of Iowa over the weekend.
The settlement stems from claims Capital One paid lower interest on older savings accounts while offering higher rates on a similar product.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Sun alleges that World Liberty Financial froze the digital tokens he had purchased, locking him out of assets worth as much as $1 billion.
The AI company behind the chatbot Claude is looking into a report of unauthorized access to Mythos from one of its third-party vendor environments.
Cotton says current law leaves U.S. power grids, wastewater plants, and other high-risk sites exposed to emerging drone threats.
The order places FDA-approved products containing marijuana and state-regulated medical marijuana products at a lower drug classification.
The Senate adopted a budget resolution after a six-hour "vote-a-rama," with the GOP moving forward to fund ICE without Democrats.
In the memo, Assistant Attorney General Colin McDonald said detailing a prosecutor from each U.S. attorney's office is aimed to help "execute a nationwide strategy to eliminate fraud in every district."
A state court judge on Wednesday blocked Virginia from moving forward with a redistricting effort that passed a day earlier, a roadblock in Democrats' efforts to redraw the state's congressional maps.
Millions of people rely on the supplemental insurance to offset the deductibles, copayments, and other costs faced by enrollees in the traditional Medicare program.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
U.S. forces have intercepted and boarded another "stateless" vessel linked to Iran, the U.S. military says.
Prince Harry made an unannounced visit to Ukraine on Thursday to show his support for the country.
Dario Penafiel, known as "Topo," allegedly worked closely with one of Ecuador's most powerful drug lords, Adolfo Macias, alias "Fito."
Iran releases video showing commandos seizing ships in the Strait of Hormuz as Trump remains largely silent on his next move in the war.
The move may signal a more constructive relationship between Ukraine and the European Union following the ouster of Hungarian Prime Minister Viktor Orbán earlier this month.
On April 22, 2016, the U.N. held a signing ceremony for the Paris Agreement, an international treaty aimed at curbing climate change, featuring several speakers from various nations, including actor and environmental activist Leonardo DiCaprio. Watch his full speech from the event.
Donnie Wahlberg talks about starring in the series "Boston Blue" and the emotional moments he shared with the cast members when he revealed the show was being renewed for a second season. He also discusses if his wife, Jenny McCarthy, could make an appearance on the show.
New data shows interest in vinyl records is only getting stronger, with social media and and special releases from artists like Taylor Swift helping drive the trend. Jarred Hill has more.
Opening statements have concluded in Harvey Weinstein's New York rape retrial. CBS News' Jericka Duncan has more.
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
One woman's entire life savings was stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her.
Tuesday marks Earth Day, and if you have any unused devices at home, there are green ways to dispose of them. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.
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.
Business Insider got a look at an email Meta, the parent company of Facebook, sent to all employees, letting them know that it would start tracking their interactions with their computers to train the company's artificial intelligence. Business Insider tech correspondent Charles Rollet joins to discuss.
The company behind Truth Social has lost more than $1 billion since going public two years ago, while its shares have tumbled 58% during the past 12 months.
Scientists spent over two years identifying a mysterious object found off the coast of Alaska in 2023.
Researchers studied how the drug affected the movements of wild fish in their natural habitats.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The Internal Revenue Service is warning about scammers using AI tools to carry out crypto fraud schemes. CBS News' Anna Schecter reports.
Iowa City police are searching for a 17-year-old suspect charged in connection with a shooting that injured five near the University of Iowa over the weekend.
Dario Penafiel, known as "Topo," allegedly worked closely with one of Ecuador's most powerful drug lords, Adolfo Macias, alias "Fito."
Memphis authorities say they are investigating the discovery of remains of three children, believed to be between 3 and 7 years of age, that could have been there for years.
The parents of Sheridan Gorman, the Loyola University student who police say was gunned down last month by an undocumented immigrant, spoke out for the first time with CBS News' Matt Gutman.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
Wildfires fueled by dry conditions are still raging in Southeast Georgia. CBS News' Skyler Henry and Rob Marciano report.
Iran released video that appears to show ship seizures in the Strait of Hormuz. This comes as a top Pentagon official suddenly steps down from his post. CBS News' Aaron Navarro and Aaron MacLean have more.
Spirit Airlines is in advanced bailout discussions with the Trump administration, sources familiar with the negotiations told CBS News. Kris Van Cleave reports.
In the series "USA to Z," "CBS Mornings" looks at how the nonprofit Big Brothers Big Sisters of America has provided opportunities and mentorship for more than a century. Steve Hartman reports.
It now costs more than $300,000 to raise a child in the U.S. until the age of 18, according to LendingTree. Kelly O'Grady breaks down how to navigate the costs.