A new tax break on auto loan interest may help 4 million car owners
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
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New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains. (Sponsored by Edward Jones)
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
The Internal Revenue Service is urging Americans to prepare for the 2025 tax filing season, beginning next week. Last year, roughly two-thirds of taxpayers got a refund and the average amount refunded was $3,100. CBS News contributor J.D. Durkin breaks it down.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
If you haven't filed your taxes yet, the deadline is quickly approaching with returns and extension requests due by Monday. IRS commissioner Danny Werfel joined CBS News to discuss tax season.
Americans still have a few days to file their 2023 taxes. The IRS says more than 90 million tax returns have been received as of March 29. Medora Lee, a personal finance reporter for USA Today, joins CBS News with tips on making the deadline.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Tax refunds so far are higher than last year, according to recent IRS data. Many Americans have big plans for the money.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
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.
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.
About 1.5 million Americans have until July 17 to get the unclaimed refunds, the tax agency says.
April 18 is the IRS deadline to file your 2022 tax returns. Certified public accountant and founder of Geltrude and Company, Dan Geltrude, discusses filing tips and what to do with your refund with CBS News' Anne-Marie Green and Vladimir Duthiers.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Alicia Jegede, a CPA and founder of New Gen Financial Planning, discussed the potential benefits and drawbacks of married couples filing their taxes separately and jointly.
What happens if you don't pay your taxes correctly or on time? David Ragland, certified financial planner and CEO of IRC Wealth, joins CBS News' Errol Barnett and Lana Zak with his insight.
Some households could get a typical refund of almost $1,000 by filing their tax returns for 2019, tax collector says.
A device that can pick up certain electronic signals is being used in the search for Nancy Guthrie, as it may detect emissions from her pacemaker, sources told CBS News.
The investigation found that the FBI looked into more than 170 cases of passengers assaulting other passengers on flights in 2024.
In their first television interview, the parents of 19-year-old Katherine Ferruzzo are demanding changes from Camp Mystic, where their daughter died in last summer's devastating floods.
Team USA star skater Ilia Malinin, after multiple falls at the Winter Games, speaks of a struggle to "stay sane through the endless insurmountable pressure."
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
Minnesota's top investigative agency said Monday the federal government has formally refused to hand over evidence and information in the killing of Alex Pretti.
Israel has approved numerous measures on the occupied West Bank seen widely as part of an effort by Netanyahu's government to annex the Palestinian territory.
A device that can pick up certain electronic signals is being used in the search for Nancy Guthrie, as it may detect emissions from her pacemaker, sources told CBS News.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
In their first television interview, the parents of 19-year-old Katherine Ferruzzo are demanding changes from Camp Mystic, where their daughter died in last summer's devastating floods.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Pima County Sheriff Chris Nanos told CBS News the suspect's backpack is one of the most promising leads in the case, as the search continues for Nancy Guthrie.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
Most retail and food establishments will remain open, but services like mail delivery will be suspended for the federal holiday.
Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
After setting social media abuzz by saying aliens were real, former President Barack Obama said he didn't see evidence that aliens "have made contact with us."
In a CBS News "Things That Matter" town hall, Maryland Gov. Wes Moore blasted President Trump — but also urged Democrats to change their perception as "the party of no and slow."
On this "Face the Nation with Margaret Brennan" broadcast, Tom Homan and House Minority Leader Hakeem Jeffries join Ed O'Keefe.
Sen. Thom Tillis, who is not running for reelection in 2026, said he believed that Republicans could hold onto its majority in the Senate after the 2026 midterm elections.
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Team USA star skater Ilia Malinin, after multiple falls at the Winter Games, speaks of a struggle to "stay sane through the endless insurmountable pressure."
Many of Hungary's neighbors say Prime Minister Viktor Orbán is eroding democracy, but President Trump is forging closer relations with the Putin ally.
Australian police say a Sydney grandfather was taken from his home by assailants who likely thought he was involved in a "criminal world."
Israel has approved numerous measures on the occupied West Bank seen widely as part of an effort by Netanyahu's government to annex the Palestinian territory.
Late Russian opposition leader Alexey Navalny's mom says a European assessment that he was poisoned in prison "confirms what we knew from the very beginning."
The high-profile ESPN and SiriusXM commentator and bestselling author is a combative and colorful voice on sports. But now, with a weekly political show in which he interviews government leaders, he is raising eyebrows in Washington, too.
High-profile ESPN and SiriusXM commentator and bestselling author Stephen A. Smith is a combative and colorful voice on sports. But now, with a weekly political show, in which he interviews government leaders, he is gaining notice in Washington, too. Smith talks with "Sunday Morning" national correspondent Robert Costa about his journey and whether he might soon be on a debate stage.
The singer-songwriter who's remained on Billboard's Hot 100 Chart for seven straight decades has just released his latest album, "Inspirations of Life and Love." A youthful 84, he talks about his artistic longevity.
"Sunday Morning" remembers some of the notable figures who left us this week, including actor James Van Der Beek, star of the series "Dawson's Creek."
At 28, Australian actor Jacob Elordi has earned his first Academy Award nomination for his haunting portrayal of the Creature in Guillermo del Toro's "Frankenstein." He talks about his love of acting, and why he has no relationship with social media.
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
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.
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Investigators are reviewing surveillance footage and purchase records at retail stores, including Walmart, where they believe the suspect in the Nancy Guthrie case purchased clothing and a face mask, Pima County Sheriff Chris Nanos told CBS News. CBS News' Jonathan Vigliotti has the latest.
Australian police say a Sydney grandfather was taken from his home by assailants who likely thought he was involved in a "criminal world."
Investigators are following up on key leads in the disappearance of Nancy Guthrie as the search for the missing 84-year-old moves into its third week. CBS News' Jonathan Vigliotti has the latest.
A first-of-its-kind trial is set to begin on Monday, as Colin Gray, the father of a Georgia high school shooting suspect faces nearly 30 charges in connection to the case, including two counts each of second-degree murder and involuntary manslaughter. Gray has pleaded not guilty to all charges. CBS News' Skyler Henry reports.
Investigators searching for Nancy Guthrie believe the clothing and face mask worn by the suspect were purchased at Walmart, sheriff Chris Nanos told CBS News. Former NYPD detective Kirk Burkhalter joins CBS News 24/7 to discuss the evidence gathered in the case so far.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
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.
Savannah Guthrie posted a new video Sunday pleading for her mother Nancy Guthrie's return as the search continues into its third week. CBS News' Andres Gutierrez has the latest.
Spencer Jakab, an investing columnist at The Wall Street Journal, shares some takeaways from the January CPI report, which tracks changes in prices of goods and services across the U.S.
Olympic athletes face enormous pressure as the world watches them compete in the Games. Dr. Jess Bartley, senior director of psychological services at Team USA, what makes this level of competition so intense. Kelly O'Grady reports.
The Justice Department's recent release of millions of pages documents related to the Epstein files has led to a wave of resignations. CBS News' Jake Rosen has the latest.
Investigators are reviewing surveillance footage and purchase records at retail stores, including Walmart, where they believe the suspect in the Nancy Guthrie case purchased clothing and a face mask, Pima County Sheriff Chris Nanos told CBS News. CBS News' Jonathan Vigliotti has the latest.