IRS cracking down on wealthy people who've skipped out on filing tax returns
The IRS cracking down on wealthy people who've skipped out on filing tax returns
Internal Revenue Service
Tax refunds are higher so far this year. Here's the average amount.
After almost one month of tax filing, Americans are seeing bigger tax refunds, according to IRS data. Here's what to expect.
IRS says it has a new focus for its audits: Private jet use
The IRS said it will begin dozens of audits on businesses' private jets and whether executives use them for personal reasons.
IRS embracing digital filings this tax season
The IRS is turning over a new, digital leaf this tax season to cut down on all the paperwork the agency has to deal with. Lana Zak has a look at the details.
IRS expects to collect billions more in unpaid and overdue taxes
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
Tax filing tips that will make filing easier
Tax season is officially underway. The Internal Revenue Service says they're anticipating more than 146 million individual tax returns to be filed by the April 15 deadline. CBS News business analyst Jill Schlesinger shares some useful tax tips for filers.
Tax filing is open. Here's what to know about your 2024 tax refund.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
IRS to offer free file program in 12 states
The IRS has begun accepting tax returns for the 2024 tax season. Starting in March, the agency will offer a free program in 12 states that will let eligible taxpayers directly file with them electronically. Commissioner of the IRS Danny Werfel joined CBS News to discuss the program.
IRS agent concerns tied to Hunter Biden case
An attorney for an IRS agent sent a letter to lawmakers asking for whistleblower protections, writing his client has information suggesting an investigation is being influenced by "preferential treatment and politics." CBS News has learned it is the Hunter Biden tax investigation. Chief investigative correspondent Jim Axelrod reports.
Hunter Biden could be charged
Sources tell CBS News that the FBI and IRS believe they have found enough evidence to support federal criminal charges against Hunter Biden. Senior investigative correspondent Catherine Herridge reports from Washington.
Breaking down Hunter Biden's tax arraignment
Hunter Biden pleaded not guilty to federal tax charges Thursday in a Los Angeles courtroom. CBS News senior investigative correspondent Catherine Herridge has the details.
White House quiet on Hunter Biden appearances
The White House is being pressed on Hunter Biden, who pleaded not guilty to nine federal tax charges Thursday. CBS News chief White House correspondent Nancy Cordes has the latest.
Tracking Trump and Hunter Biden's court cases
Former President Donald Trump and Hunter Biden, son of President Biden, both spent Thursday in court dealing with separate legal cases that could have serious implications for the 2024 presidential election. CBS News' Robert Costa and Erica Brown report.
Hunter Biden pleads not guilty to tax charges
Hunter Biden pleaded not guilty to federal tax charges Thursday in Los Angeles. If convicted, he faces up to 17 years in prison. CBS News investigative reporter Erica Brown and criminal defense attorney Joseph Tully break down the next steps in the case.
Tax filing season will start Jan. 29
The IRS says the official start of tax filing season will kick off on Jan. 29 this year, with taxpayers allowed to file until April 15 in most cases. CBS MoneyWatch associate managing editor Aimee Picchi has more on this year's tax schedule.
When will the IRS open 2024 tax season? Here's what to know.
The IRS expects nearly 129 million individual tax returns to be filed by the April 15 deadline. Here's what you need to know.
CPA's tips for maximizing your tax refund
The end of the year means it's time to start looking ahead to tax season. Dan Geltrude, certified public accountant, joins CBS News to share steps you can take now to set yourself up for an easier time come April.
IRS to waive $1 billion in tax penalties. Here's who qualifies.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
Breaking down Hunter Biden's tax charges
An indictment unsealed late Thursday accuses Hunter Biden, the president's son, of a four-year scheme to avoid paying more than $1 million in taxes to the IRS. CBS News senior investigative correspondent Catherine Herridge reports. Then, former Trump attorney Timothy Parlatore joins to unpack the case.
IRS whistleblowers on Hunter Biden probes
This week, two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill and new documents were released by the GOP-led House Ways and Means Committee. CBS News senior investigative correspondent Catherine Herridge spoke with the whistleblowers.
Hunter Biden charged with federal tax crimes
Federal prosecutors have charged Hunter Biden, President Biden's son, with nine tax crimes, according to an indictment unsealed Thursday in the Central District of California. CBS News chief political analyst John Dickerson anchors special coverage.
Hunter Biden indicted on federal tax charges
Federal prosecutors have charged Hunter Biden, President Biden's son, with tax crimes in a nine-count indictment. CBS News senior investigative correspondent Catherine Herridge reports.
IRS workers testify in Hunter Biden probe
Two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill this week. CBS News senior investigative correspondent Catherine Herridge has the details.
IRS whistleblowers testify about Hunter Biden
IRS whistleblowers Gary Shapley and Joseph Ziegler will testify behind closed doors Tuesday before the House Ways and Means Committee about the Justice Department's investigation into the president's son, Hunter Biden. CBS News senior investigative correspondent Catherine Herridge has more.
Do you use PayPal or Venmo? The IRS is giving you a break.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
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