IRS says number of audits about to surge. Here's who it is targeting.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
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The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
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.
U.S. officials, from the president to the Treasury secretary, are accusing China of pushing cheap goods. Mark Wu, professor of law at Harvard University, joins CBS News to examine how low-priced Chinese products could impact American businesses, workers and the global economy.
President Biden called for tripling tariffs on Chinese steel and aluminum imports at a campaign stop in Pittsburgh on Wednesday. White House officials say China's industrial sector is problematic on multiple fronts. CBS News campaign reporter Aaron Navarro explains.
President Biden called for higher tariffs on Chinese metal products while meeting with steelworkers in Pittsburgh on Wednesday. Gene Sperling, senior adviser to the president, explains why the White House is pushing for the hike.
The Senate has rejected both articles of impeachment against Homeland Security Secretary Alejandro Mayorkas. CBS News' Scott MacFarlane and Weijia Jiang have the latest.
Both presidential candidates were in their hometowns for very different reasons Tuesday. CBS News chief White House correspondent Nancy Cordes explains.
The tax-prep software giant says it has resolved an issue that blocked some customers from e-filing on Sunday and much of Monday.
Here's how much the billionaire "Shark Tank" investor owes the IRS.
As Americans race to file their returns on Tax DAy, restaurant chains and other businesses are offering a range of deals.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
Filing your income taxes in 2024 can be confusing, but it doesn't have to be. H&R Block makes it easy.
If you're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
People who are waiting until the last minute to file taxes have until 11:59 p.m. on April 15, unless they have been granted an extension.
If you haven't already, all taxpayers must submit their returns or request an extension by Monday. CBS News business analyst Jill Schlesinger has some last-minute tips on filing.
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.
Two groups of taxpayers are more likely to face an IRS audit than other Americans, and it's only high income earners.
The U.S. tax system is designed to be progressive, with rich people paying a larger share of their income to the IRS. Here's what to know.
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.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
As the tax filing deadline approaches, watch out for the IRS list of the so-called “dirty dozen" which are tax scams the IRS commonly sees.
The tax filing deadline for most Americans is April 15. Pratik Patel, head of family wealth strategies for BMO Family Office, joined CBS News with some helpful advice to avoid common filing mistakes.
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.
Hunter Biden, President Biden's son, is asking a Los Angeles judge Wednesday to dismiss tax charges against him, claiming politics have compromised the case. CBS News' Erica Brown reports.
The deadline for filing tax returns is a little less than a month away. The IRS says it expects more than 128 million individual tax returns this year. Julie Weil, a tax reporter for The Washington Post, joined CBS News with some tips for couples on whether it's better to file joint or separate returns.