Here's how much people are getting for their tax refund
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
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Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
The tax agency had previously asked taxpayers in those states to hold off on filing their returns until the issue was resolved.
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
The tax agency said it just finished sending the refunds to workers who paid tax on unemployment benefits that they didn't owe.
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
With this year's average tax refund running around $3,100, here's how to use that money to meet your financial goals.
Millions of Americans file returns after the Tax Day deadline. If you're in that group, here's what determines how much you'll owe.
As of April 9, some 50 million Americans had yet to file their returns. Here's what to do if you need more time.
The IRS estimates that more than 3 million tax returns are still being processed from 2021.
As the April 18 tax filing deadline nears, here are some tips for reducing what you owe or landing a bigger refund.
Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions.
Experts say there are a number of things people can do to lower the chance of getting audited by the IRS.
Depending on how much you earned last year, you may pay taxes at different rates. Here's how to find out where you fall.
A three-year window to claim the money is about to close. After that, the refunds become the property of U.S. Treasury.
The IRS is facing staff shortages and backlogs of returns — on top of recently changed tax laws that make processing returns harder.
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
States are cutting taxes amid booming revenue. "You can't have your cake and eat it too, but we kind of are this year," one governor said.
The tax agency says it wants to hire thousands of workers on the spot at hiring events on March 16, 23 and 30.
Taxpayers who claimed one of two tax credits are expected to get their refunds beginning this week, the IRS said.
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Lillian Smart, 8, has died after being infected by an extremely rare brain-eating amoeba that is found in warm freshwater, her family said.
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Although some Canadian goods will get more expensive in the U.S., trade experts don't expect a broader inflation spike.
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The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
The Supreme Court divided 6-3 in granting the Trump administration's request for emergency relief.
Although some Canadian goods will get more expensive in the U.S., trade experts don't expect a broader inflation spike.
Lara Korte, a Stars and Stripes reporter who was dismissed last week, told CBS News on Monday that the paper's editorial independence remains paramount.
The Trump administration is trying to pull all economic levers at its disposal to cripple Tehran.
President Trump said tariffs on Canadian automotive and steel imports will rise to 50% on Jan. 1, 2027, in a social media post.
Lillian Smart, 8, has died after being infected by an extremely rare brain-eating amoeba that is found in warm freshwater, her family said.
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This year, emergency room visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. Correspondent David Pogue looks at how residents of Martha Vineyard are addressing an epidemic of Alpha-gal, and talks with experts about how best to avoid tick bites.
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The Trump administration is trying to pull all economic levers at its disposal to cripple Tehran.
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Zolani Tete made history in 2017 when he took just 11 seconds to knock out his opponent with his first punch to retain his WBO bantamweight crown.
Levi Zhang and his parents share some recipes from their new cookbook and talk about how their viral videos started.
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The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
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Karen Solomon, a Massachusetts woman wanted for questioning in the death of her police officer husband, has been found dead, Worcester authorities announced on Monday. Law enforcement called the case a "tragic murder-suicide."
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Karen Solomon, a Massachusetts woman wanted for questioning in the death of her police officer husband, has been found dead, Worcester authorities announced on Monday. Law enforcement called the case a "tragic murder-suicide."
The judge presiding over the Lindsay Clancy murder case rejected the defense's push for a mistrial on Monday. Clancy has admitted to killing her children but has pleaded not guilty, arguing that postpartum psychosis caused her actions. CBS News correspondent Shanelle Kaul and legal contributor Jessica Levinson have the latest.
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