"Extreme delays" for millions of taxpayers awaiting IRS refunds
Because of an IRS backlog, some Americans are "in for a long wait" to get their money, U.S. taxpayer advocate says.
Internal Revenue Service
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.
Why some taxpayers are still waiting for stimulus payments
The IRS has sent 159 million stimulus payments, but millions of taxpayers may still be waiting and could need to take action.
Where's my stimulus check? Answers to common questions
Millions of Americans are still waiting for their economic impact payments. Here are some reasons for the holdup.
Trump lost $1 billion in a decade, report says
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.
Trump businesses lost $1 billion+: report
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.
Social Security recipients say they're still waiting for stimulus checks
One Social Security recipient who has been waiting for weeks said he's disheartened: "It's not a good system."
Millions of Americans to get stimulus money via prepaid cards
Cards will be sent to those who qualify for the federal payments but haven't provided the IRS with bank information.
Businesses paying smaller share of tax revenue
The IRS data adds fuel to criticism that corporations aren't paying their fair share.
Questions about your stimulus check? You can soon call the IRS
Agency adding thousands of telephone representatives to answer flood of questions about economic stimulus payments.
Some Social Security recipients to get stimulus checks today
Americans who get supplemental income set to get the money by direct deposit, while checks go out on Friday.
When to expect your tax refund
The IRS started processing tax returns this week. Here's when to look for your refund.
How early should you file your taxes?
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.
How to file taxes for free
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.
Breaking down tax brackets
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.
How long should a tax refund take?
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.
Older Puerto Rico residents won't get stimulus checks until June
Residents of U.S. territories who collect Social Security are among some of the last groups to receive their checks.
How should married couples file taxes?
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.
Tax rules for claiming dependents
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.
Tackling student loans on your taxes
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.
How to avoid an IRS audit
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.
20 million Americans still waiting for their stimulus checks
IRS says it has sent about 130 million payments. Here's why you may still be waiting for your money.
What the Tax Day extension means for you
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.
Why your stimulus check might be less than you expect
Millions of Americans are counting on the coronavirus relief payments, but a range of factors can lower the payout.
Stimulus checks for dead taxpayers must be returned, IRS says
Some deceased Americans received the emergency relief payments — now the agency wants the money back.
Live
Seized ship taken toward Iran as Trump and Xi agree on Strait of Hormuz
A ship was taken by unknown parties toward Iranian waters after an Indian-flagged vessel was attacked off Oman.
China's Xi warns Trump about "conflicts" if Taiwan isn't "handled properly"
President Trump is in Beijing meeting with China's President Xi Jinping, with the two leaders aiming to stabilize their trading relationship after last year's trade war.
Exclusive
Hero pilot recounts crash landing in Atlantic Ocean
Ian Nixon, a veteran pilot from the Bahamas, put the plane he was flying down in the ocean without anyone suffering serious injuries.
Ukraine says Russia launches "virtually nonstop" strikes on Kyiv
More than 1,500 Russian drones and dozens of missiles were launched in the last two days, according to Ukrainian officials.
Software CEO convicted for running $1 billion Medicare fraud scheme
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
CENTCOM chief says Iran's hold on strait has weakened, but threats remain
Admiral Brad Cooper of U.S. Central Command told the Senate Armed Services Committee that U.S. forces have destroyed more than 90% of Iran's inventory of 8,000 naval mines.
Senate adopts resolution to withhold senators' pay during shutdowns
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
Exclusive
Bipartisan U.S.-Mexico congressional caucus launches amid diplomatic strain
The launch is being backed by the American Mexican Leadership Council, a new national organization also debuting Thursday to elevate Mexican American leadership and advance U.S.-Mexico collaboration.
Why Taiwan is a major flashpoint between the U.S. and China
For decades, U.S. presidents have remained steadfast in their defense of the tiny Asian ally from its neighboring giant.
U.S.
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Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Former death row inmate granted bond, after nearly being executed 3 times
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
CENTCOM chief says Iran's hold on strait has weakened, but threats remain
Admiral Brad Cooper of U.S. Central Command told the Senate Armed Services Committee that U.S. forces have destroyed more than 90% of Iran's inventory of 8,000 naval mines.
U.S. Border Patrol chief resigns in latest immigration shakeup
U.S. Border Patrol Chief Michael Banks, who was appointed to the role last year, told staff on Thursday that he is stepping down.
Software CEO convicted for running $1 billion Medicare fraud scheme
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
MoneyWatch
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Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Rare blue-green diamond sells for record $17.3 million at auction
The 5.5-carat "Ocean Dream" was found in Central Africa in the 1990s.
Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
Musk flew to China near end of OpenAI trial, after judge warned he could be recalled
Elon Musk arrived in Beijing on Wednesday, as his $150 billion lawsuit against OpenAI's Sam Altman played out. But a judge told Musk last month he may be recalled to a California courtroom for further testimony at the request of OpenAI lawyers.
Politics
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Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
CENTCOM chief says Iran's hold on strait has weakened, but threats remain
Admiral Brad Cooper of U.S. Central Command told the Senate Armed Services Committee that U.S. forces have destroyed more than 90% of Iran's inventory of 8,000 naval mines.
Exclusive
Bipartisan U.S.-Mexico congressional caucus launches amid diplomatic strain
The launch is being backed by the American Mexican Leadership Council, a new national organization also debuting Thursday to elevate Mexican American leadership and advance U.S.-Mexico collaboration.
U.S. Border Patrol chief resigns in latest immigration shakeup
U.S. Border Patrol Chief Michael Banks, who was appointed to the role last year, told staff on Thursday that he is stepping down.
Senate adopts resolution to withhold senators' pay during shutdowns
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
HealthWatch
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Sponsored
Activities that challenge your mind may help maintain brain health
Challenging your mind, through games and learning new skills, may help reduce your risk of dementia, according to the Alzheimer's Association. (Sponsored by the Alzheimer's Association.)
Trump demands Medicaid data for deportation. Some states go further.
Several states have required their health agencies to take on another job: verifying immigration status among Medicaid recipients and reporting them to the U.S. Department of Homeland Security.
No Americans showing hantavirus symptoms
Jake Rosmarin is one of the 16 Americans at the University of Nebraska Medical Center being monitored for signs of hantavirus. Ian Lee spoke with him and has more details.
AI is fabricating citations in biomedical studies, researchers find
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
New Yorker describes hantavirus quarantine experience after cruise ship outbreak
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
World
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CENTCOM chief says Iran's hold on strait has weakened, but threats remain
Admiral Brad Cooper of U.S. Central Command told the Senate Armed Services Committee that U.S. forces have destroyed more than 90% of Iran's inventory of 8,000 naval mines.
Ukraine says Russia launches "virtually nonstop" strikes on Kyiv
More than 1,500 Russian drones and dozens of missiles were launched in the last two days, according to Ukrainian officials.
U.K. health secretary resigns in scathing letter, setting up leadership fight
Health Secretary Wes Streeting quit embattled British Prime Minister Keir Starmer's Cabinet in what is expected to be a precursor to challenging his leadership.
Sailors from doomed 1845 polar expedition identified through DNA
The identification of the remains also resolved a decades-long debate about the worst disaster in the history of British polar exploration.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Entertainment
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Entertainment
"Survivor" contestants on double elimination
(Spoilers ahead) "CBS Mornings" reveals the castaways voted off during Wednesday's episode of "Survivor 50" in another double elimination. They discuss being part of the franchise and their legacies in the game.
National Recording Registry adds Taylor Swift, Beyoncé, Ray Charles, more
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Troubling trend for touring musicians
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
Geena Davis talks new series "The Boroughs"
Actor Geena Davis talks about starring in the new series "The Boroughs," if there are parallels between herself and the character she plays, and why she's drawn to supernatural projects. She also addresses representation in the entertainment industry.
"Top Gun" celebrates 40 years
The action movie "Top Gun," starring Tom Cruise, was released 40 years ago. To celebrate its anniversary, the film and its sequel, "Top Gun: Maverick," are returning to AMC theaters nationwide for one week. Vladimir Duthiers reports.
Technology
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Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
China's most critical issue: Taiwan
Chinese President Xi Jinping has called Taiwan "the most important issue" between his country and the U.S. About 10% of the population in Taiwan wants to reunify with mainland China, and there are real fears that it will fall under communist control. Tony Dokoupil and Anna Coren break down its importance to China and the U.S.
How AI powered robots are helping small farms
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.
Companies hiring humans to train AI platforms
AI training is an emerging job market where those with specialized skills are paid to train bots to be more accurate and human-like in their responses. The CBS News MoneyWatch team spoke with multiple hiring platforms that pair human experts with AI training jobs. Megan Cerullo has more.
How AI is changing travel
Almost every industry worldwide is integrating artificial intelligence into its operations, and the airline industry is no different. Booking.com CEO Glenn Fogel joins "The Takeout" to discuss AI's impact on travel.
Science
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Crime
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Former death row inmate granted bond, after nearly being executed 3 times
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Software CEO convicted for running $1 billion Medicare fraud scheme
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
Huge twist in Alex Murdaugh case
Alex Murdaugh, the former South Carolina lawyer who was convicted of murder, will get a new trial and have his convictions overturned, the state's Supreme Court ruled Wednesday. CBS News' Eva Pilgrim reports.
Feds arrest tourist accused of hurling rock at endangered seal's head
The tourist sparked outrage after a witness recorded him chucking a coconut-sized rock at "Lani," a beloved Hawaiian monk seal off a Maui beach.
Videos show shots fired in Philippine Senate
Warning: Distressing video. Authorities in the Philippines tried to arrest a senator on Wednesday, resulting in a burst of gunfire in the Philippine Senate, according to an Associated Press journalist and other witnesses.
Space
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
Breaking down the U.S. "learning recession"
A new report from the national Education Scorecard warns the U.S. is experiencing a "learning recession." Thomas Kane, professor at Harvard's Center for Education Policy Research, joins CBS News to discuss.
Crowdstrike exec on Chinese, North Korean threats
Adam Meyers, head of counter adversary operations for Crowdstrike, joins CBS News to discuss how Americans should view potential cyber threats from China and North Korea.
Closing arguments underway in OpenAI trial
Closing arguments have begun in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. CBS News correspondent Shanelle Kaul has more.
Spencer Pratt on housing claims
Former reality TV star turned L.A. mayoral candidate Spencer Pratt is responding to reports that he's been staying at a luxury hotel in L.A. and not a trailer as he claimed. Pratt lost his home in the L.A. fires last year and in an interview with TMZ said he did spend around six days last month at a hotel in part due to security concerns.