"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.
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Because of an IRS backlog, some Americans are "in for a long wait" to get their money, U.S. taxpayer advocate says.
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.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House.
The images were sent to CBS News by active service members under condition of anonymity.
This Sunday on 60 Minutes, Patrick Clancy talks about his grief, his memories of his children, and the baseless conspiracy theories that flooded social media since his ex-wife's murder trial.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by surging energy prices.
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
Michigan Democratic Senate candidate Abdul El-Sayed met with Senate Democrats as they look to rally around his candidacy in the final sprint to November's election.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House to move forward.
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
As part of the settlement with Microsoft, the tech giant has agreed to invest $2.4 million toward an environmental project underway in Loudoun County.
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
The bill was championed by GOP Sen. Lindsey Graham, who died suddenly just one day after announcing a deal had been reached with the White House to move forward.
U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials.
An Islamic State group member was sentenced to 20 years in prison for aiding the terrorist organization that took credit for a suicide bombing that killed 13 U.S. service members and about 160 Afghans at a Kabul airport.
Residents of Piddington voted overwhelmingly to leave the United Kingdom in a symbolic referendum over plans to house asylum seekers nearby.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
Judge Judy has been a staple of daytime TV for 30 years, but now televised courts are becoming a family affair with her son, Adam Levy, picking up the gavel and donning the robe for "Adam's Law." Judge Levy joins CBS News to preview the new show.
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The vote comes as lawmakers face increasing pressure to respond to the data center boom driven by the AI race.
Apple has announced its first foldable iPhone called the Duo. While pre-orders for the nearly-$2,000 phone are just a month away, some people got their hands on it at Apple's launch event. CNET senior technology reporter Abrar Al-Heeti was one of them and 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.
House lawmakers are heading home for recess until after the midterms, leaving artificial intelligence regulation still stalled in Congress. Alabama Republican candidate for attorney general Katherine Robertson, who is currently leading a state investigation into OpenAI, joins "The Takeout" to discuss.
Microsoft's Mustafa Suleyman said in an essay that trying to develop AI consciousness would be "catastrophic" for humanity.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
The FBI and the Coast Guard are investigating a giant oil tanker on its way to Texas that may have been taken over by a cyberattack. Iranian state media claims hackers had control of the ship's propellers, raising concern that these giant vessels could be used as weapons. Nicole Sganga reports.
FBI agents are investigating two potential serial killers, a father and his son, possibly involved in the killings of at least five women. Jericka Duncan reports.
Federal authorities have confirmed that a foreign actor compromised the network of two oil tankers that were heading towards Texas in August. CBS News homeland security correspondent Nicole Sganga has the details.
Lindsay Clancy has hired Martin Weinberg, one of Karen Read's attorneys, as she faces a retrial for the killings of her three children. CBS News' Shanelle Kaul has more.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Patrick Clancy spoke with 60 Minutes this week. Shanelle Kaul has a preview of the story, which airs Sunday.
Ed Sheeran is facing intense public backlash after rapper Macklemore, who was set to open his upcoming tour dates, was dropped from the production over pro-Palestine comments. CBS News' Shanelle Kaul reports and Alex Suskind, news director at online music magazine Pitchfork, joins "The Daily Report" to discuss.
A new report from the Government Accountability Office shows federal agencies spent $9.5 billion on administrative leave costs in 2025, an increase spurred by the DOGE push to cut down the federal workforce. CBS News' Aaron Navarro has more.
A golden retriever got his big chance to be a guard dog, but instead of guarding, Nash tried to play with the intruder. Tony Dokoupil has the story.
Newly released video shows fire ripping through a Florida motel this weekend and first responders rushing into the danger. Cristian Benavides spoke with two of them.