What to do (and not do) if the IRS audits you

You can easily make a bad situation a lot worse if you don't take these steps, especially if you panic or talk too much

• Apr 20, 2017

Tax day freebies: 1 cent Big Macs and free flights

Here's a sampling of the companies that are trying to take some sting out of the filing deadline

• Apr 18, 2017

Your tax return isn't due April 18

You're entitled to an additional six months to file for 2016 and not be considered late -- here's how

• Apr 17, 2017

IRS commissioner says he hasn't talked to president

Republicans have called for the firing of IRS chief John Koskinen, who they say assisted Lois Lerner in targeting conservative groups

• Apr 17, 2017

Applying for financial aid, without getting hacked

An IRS tool individuals use to add info to the federal aid form got breached, making the process even more cumbersome

• Apr 17, 2017

Consumers pay for free tax prep sites with personal data

Access to consumer data helps companies like Credit Karma and H&R Block market other financial products

• Apr 12, 2017

Why fewer tax returns have been filed so far this year

The IRS has seen almost a 9 percent drop in returns, and the reasons behind the falloff are many

• Apr 11, 2017

Full episode of the CBS Evening News from June 25, 2013

In a 5-4 ruling, the Supreme Court invalidated a section of the Voting Rights Act of 1965 that required states to get approval from the federal government before changing election laws; and, a rare disease has affected dozens of members of the same family in eastern Iowa.

• Jun 25, 2013
• 20:10

Full episode of the CBS Evening News from June 26, 2013

In a 5-4 ruling, the Supreme Court struck down the Defense of Marriage Act, a law that denied federal benefits to married same-sex couples; and, in the middle of the Chesapeake Bay, Smith Island is only reachable by boat. While the area used to be booming, the population and habitable area on the island is dwindling.

• Jun 26, 2013
• 20:26

Full episode of the CBS Evening News from June 24, 2013

The seat that NSA leaker Edward Snowden reportedly booked on a Moscow-to-Cuba flight remained empty, it's unclear if Russia blocked his departure. Bob Orr reports; and, Richie Check is working to preserve the memory of the steel plant he spent more than 40 years at before it closed.

• Jun 24, 2013
• 20:23

Feds: IRS seized millions from innocent people and businesses

Tax agency wrongly grabbed bank accounts, treating them like criminal funds, U.S. Treasury inquiry finds

• Apr 6, 2017

7 tax deductions for the self-employed

If you’re your own boss, you need to know about these breaks -- or you might wind up paying more tax than required

• Apr 6, 2017

What you need to know about new IRS debt collection program

IRS is allowing private debt collectors to call people who owe back taxes, which some say "makes absolutely no sense"

• Apr 5, 2017

Here's a last-minute tax return checklist

As you scramble to file by this year's April 18 deadline, be sure you don't make these common mistakes

• Apr 5, 2017

How to collect tax savings from donating a car

You'll have to be sure the charity getting your old wheels is "qualified" by the IRS -- but that's just the first rule

• Apr 3, 2017

3 tax deductions that raise the chance of an audit

Even as the odds fall of getting audited, this trio can put you in the taxman’s crosshairs

• Mar 31, 2017

A tax deadline looms for retirees with IRAs

You may need to take a "required minimum distribution" by Friday March 31 this year, instead of the usual April 1

• Mar 29, 2017

A high-stakes battle over free tax preparation

Companies have many ways to profit from such service, and several are fighting hard to keep the IRS itself out of it

• Mar 28, 2017

Records to keep before deducting donations to charity

The IRS has different rules for different kinds of gifts, including the documentation you need to get and keep

• Mar 27, 2017

Cop calls scammer back and exchange goes viral

"He is a trained professional – do not try this at home"

• Mar 24, 2017

Pay your income taxes by credit card? Um, no

You'll pay processing fees and interest charges and could max out your credit -- here's a better way to pay off a big tax bill

• Mar 23, 2017

This key college aid process just got more onerous

The Education Dept. and IRS have shut down a tool that can download your tax return info into the FAFSA financial aid form

• Mar 20, 2017

Little-known tax credit can deliver a 60 percent return

Low-income taxpayers have a nearly secret weapon for getting help to put money away for retirement

• Mar 17, 2017

It's worth filing a return to get this tax credit

Yes, you can get back more in a refund than you actually paid in income taxes, but not if you don't file

• Mar 16, 2017

Trump's leaked tax return -- what accountants think

Special tax to thwart loopholes hiked president's income tax rate in 2005

• Mar 15, 2017

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