How to avoid getting ripped off by your tax preparer
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
The Internal Revenue Service says it will not be collecting federal taxes against payments issued in several states last year to offset inflation. But, certain requirements are being imposed in some states. Rebecca Walser, president of Walser Wealth Management, joins CBS News' Lilia Luciano and Lana Zak to answer questions about the tax confusion.
The tax agency had previously asked taxpayers in those states to hold off on filing their returns until the issue was resolved.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
The IRS is urging millions of Americans to hold off on filing their tax returns. The agency said it needs to figure out whether special payments sent to taxpayers in multiple states last year, including California, will be subject to federal taxes.
Monday marked the official start of tax filing season. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano and Lana Zak to outline tips for taxpayers that are being promoted by the Internal Revenue Service.
Americans can now file their tax returns for 2022. CBS MoneyWatch reporter Irina Ivanova joined "CBS News Mornings" to explain what's changed with this tax season and when people can expect to receive their refunds.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
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.
After a years-long legal battle between former President Donald Trump and Congress, on Friday House Democrats released six years' worth of Trump's tax returns, just days before Republicans take control of the House. CBS News Congressional Correspondent Scott MacFarlane reports some of the revelations, from how little taxes he paid, to the lack of an audit, as was expected by the IRS.
The thousands of pages of documents released by congressional Democrats paint a more detailed picture of former president Donald Trump's finances over a six-year period, including his time in the Oval Office. Steven Rosenthal, a senior fellow at the Urban-Brookings Tax Policy Center, joins CBS News to break down what the documents tell us.
The House Ways and Means Committee has released six years of tax returns from former President Donald Trump. CBS News legal contributor Jessica Levinson spoke with Lana Zak about the potential legal ramifications for Trump, this family and his businesses based on the newly public information.
House Democrats released six years of former President Trump's tax returns on Friday, in the culmination of a long battle that went all the way to the U.S. Supreme Court. CBS News' Skyler Henry reports from Capitol Hill, then CBS News chief election and campaign correspondent Robert Costa joins anchor Lana Zak to discuss the impact.
A House committee released years of former President Donald Trump's tax returns Friday. Forensic analyst Bruce Dubinksy says that while the thousands of pages of information will take days to comb through, so far he's seeing no major red flags -- but there are questions about certain parts of his finances, and it's clear Mr. Trump took advantage of legal tax loopholes.
The House Ways and Means Committee has released six years' worth of tax returns for former President Donald Trump and a number of his businesses after a long legal fight. CBS News congressional correspondent Scott MacFarlane joins us with the latest on the release and Trump's reaction.
CBS News legal contributor Rebecca Roiphe joined Debra Alfarone with a glimpse into former President Donald Trump's tax returns as a House panel prepares to make his tax records public.
Delay tactics caused tensions between the IRS and Trump's counsel, mirroring strife in recent Trump court cases.
Mazars USA worked for Trump for decades until February of this year, when it cut ties with the former president and his company.
The House Ways and Means Committee is expected to release six years' worth of former President Donald Trump's tax returns, after voteing Tuesday night along party lines in favor of making the documents public. Bloomberg congressional and tax reporter Laura Davison joins CBS News to discuss.
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
The Democratic-controlled House Ways and Means Committee on Tuesday voted along party lines to publicly release portions from six years of former President Donald Trump's tax returns. Watch committee Democrats discuss the vote.
The testimony by attorney Robert Costello is aimed at discrediting the prosecution's star witness, Michael Cohen.
Iran's President Ebrahim Raisi was killed in a helicopter crash, but his death is unlikely to spark any political crisis. Here's what happens next.
An unspecified number of people on the Singapore Airlines Boeing 777 were also injured and it was forced to divert to Bangkok.
Pope Francis has often spoken up about the alarming impact of climate change and urges countries that can "make the most difference" to help create awareness and take action.
A grizzly bear attacked and seriously injured a man in western Wyoming's Grand Teton National Park, prompting closure of a mountain there.
The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
A video posted to Donald Trump's social media account included references to a "unified reich" among hypothetical news headlines depicting an election win by him in November.
Vaccine scare tactics haven't shifted, but more parents are falling for them. Here's what the rhetoric gets wrong and how it endangers children.
A climber was found dead on North America's tallest peak, Denali, on Monday, a day after a family member told rangers they hadn't heard from them in days, authorities said.
The crash site — "waterlogged and filled with 80 years' worth of sediment" — is in eastern England, Cotswold Archaeology told CBS News.
A grizzly bear attacked and seriously injured a man in western Wyoming's Grand Teton National Park, prompting closure of a mountain there.
The testimony by attorney Robert Costello is aimed at discrediting the prosecution's star witness, Michael Cohen.
A climber was found dead on North America's tallest peak, Denali, on Monday, a day after a family member told rangers they hadn't heard from them in days, authorities said.
Cities that score well on U.S. News' annual ranking of best cities get high marks for economic criteria like value and job market.
The National Rifle Association, whose image was sullied by former leader Wayne LaPierre's spending excesses, elected former GOP Rep. Bob Barr and Doug Hamlin to its top posts.
The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
Cities that score well on U.S. News' annual ranking of best cities get high marks for economic criteria like value and job market.
McDonald's is transitioning away from self-serve beverage stations and some locations may start to charge for refills that were once free.
Trump Media posted a loss of $327.6 million in the first quarter because of a financial transaction.
The National Rifle Association, whose image was sullied by former leader Wayne LaPierre's spending excesses, elected former GOP Rep. Bob Barr and Doug Hamlin to its top posts.
The testimony by attorney Robert Costello is aimed at discrediting the prosecution's star witness, Michael Cohen.
The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture.
A video posted to Donald Trump's social media account included references to a "unified reich" among hypothetical news headlines depicting an election win by him in November.
A new federal bulletin warns that AI technology like "deepfake" videos could pose serious threats to the 2024 election cycle.
Vaccine scare tactics haven't shifted, but more parents are falling for them. Here's what the rhetoric gets wrong and how it endangers children.
Panera faces another lawsuit over a highly caffeinated beverage that the restaurant chain said it would phase out.
Chicago health officials said medetomidine has not previously been detected in Chicago.
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.
Hims & Hers is pitching consumers on a GLP-1 weight loss injection that will cost 85% less than brand-name drugs like Wegovy.
The crash site — "waterlogged and filled with 80 years' worth of sediment" — is in eastern England, Cotswold Archaeology told CBS News.
An unspecified number of people on the Singapore Airlines Boeing 777 were also injured and it was forced to divert to Bangkok.
Pope Francis speaks with CBS News' Norah O'Donnell about his health and whether he'd ever step down as pontiff.
"Oh!" Pope Francis exclaimed as Norah O'Donnell presented him with a personal gift from CBS News' archives.
Pope Francis has often spoken up about the alarming impact of climate change and urges countries that can "make the most difference" to help create awareness and take action.
"CBS Mornings" celebrates Tony Dokoupil as he marks five years as an anchor on the show.
"CBS Mornings"celebrates the 5-year anniversary of Vlad Duthiers hosting "What to Watch" by taking a look back at some favorite moments.
Sean "Diddy" Combs is apologizing after a disturbing video surfaced over the weekend. The video appears to show the hip-hop mogul assaulting his then-girlfriend in a hotel hallway in 2016. Warning: This video contains content that is graphic and disturbing.
Hip-hop mogul Sean "Diddy" Combs posted a video on social media apologizing for his "inexcusable" behavior and that he takes "full responsibility" for his actions.
Monopoly is the top-selling modern board game of all time, available today in 114 countries and 47 languages, and a myriad of variations. Hasbro's senior VP of board games Brian Baker explains to correspondent Susan Spencer the most important design element to a game's success.
ChatGPT disables AI voice after users say it sounds similar to Hollywood star Scarlett Johansson.
Pope Francis tells Norah O'Donnell about the role of communication media and its lasting impact on young people in a historic interview airing on CBS.
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 Hennessey Venom F5 is not just a sports car; its twin turbo V8 engine can muster more than 1,800 horsepower, almost twice that of a Formula 1 racing car. And yes, you can drive it on the street, for the cool price of $3 million. Correspondent Lee Cowan goes inside the design of a machine that shuns the mundane.
Eight TikTok influencers have filed a lawsuit against the U.S. government in an effort to block enactment of a law passed and signed last month that requires TikTok be sold by China-based owner Byte Dance by January, or face a possible nationwide ban. Scott MacFarlane has more.
The 40-mile-long river branch, which ran by the Giza pyramid complex, was hidden under desert and farmland for millennia, scientists said.
A new study suggests that the first warm-blooded dinosaurs may have roamed Earth about 180 million years ago.
Extreme heat is known as a "silent killer," and in some areas across Asia, its intensity would have been impossible without one critical factor, a new study found.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
Scientists who study such things have found that cicadas urinate in a jet stream because they consume an incredible volume of fluid during their brief time above ground.
Chicago health officials said medetomidine has not previously been detected in Chicago.
"Sandra was kidnapped from her home while her children slept nearby, bound in packing tape, driven to a remote location and buried alive," prosecutors said.
Camrah Trotter, was killed as she called 911 after her boyfriend, 23-year-old Dominique Ray, was fatally shot.
Photos shared by local media showed a red truck dotted by bullet holes, and bloodied bodies lying in the trunk and on the ground.
More people were killed by U.S. law enforcement in 2023 than any other year in the past decade — and it's increasingly happening in small towns and rural areas.
Ed Dwight, America's first Black astronaut candidate, finally reached space on a Blue Origin flight at 90 years old. The 10-minute flight ended Dwight's 60-year journey for a chance to travel beyond Earth. Derrick Pitts, the chief astronomer at The Franklin Institute, joins CBS News with more on Dwight's legacy.
Blue Origin's New Shepard rocket lifted off Sunday, carrying the oldest man ever to go into space. Ed Dwight, 90, trained to become NASA's first Black astronaut candidate 60 years ago, but he didn't get to fly then.
Ed Dwight trained to become the first African American astronaut but was never asked to join NASA. He finally flew into space on Sunday.
Ongoing work to resolve a persistent helium leak has pushed the first piloted Starliner flight back at least four more days, to May 25.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
Pope Francis sits down for a global exclusive interview with CBS Evening News anchor and managing editor Norah O’Donnell from the Vatican. In a wide-ranging conversation, Francis speaks about the wars across the world, immigration, climate change, his vision for the Catholic Church and his legacy. Ahead of the Church’s first World Children’s Day, the Pontiff talks about children as hope for the future.
Pope Francis sat down for a historic interview with "CBS Evening News" anchor and managing editor Norah O'Donnell. The pair discussed a wide range of topics, including the dangers of climate change and who bears responsibility for it. O'Donnell joins "The Daily Report" to reflect on the experience.
Paid compensation for chief executives of several Fortune 500 companies has risen dramatically over the last five years, according to a new report from The Wall Street Journal. WSJ writer Theo Francis joins to discuss why it's partly linked to a phenomenon known as the "Musk effect."
Top congressional aides are subjected to threats of violence regularly. A survey conducted by the nonprofit Congressional Management Foundation reveals that a large majority are feeling "anxiety and fear" about the safety of working in their jobs. CBS News congressional correspondent Scott MacFarlane reports.
The TSA expects nearly 3 million passengers on Friday to kick off Memorial Day weekend. But with the return of post-pandemic travel, a new trend has emerged — more Americans than ever are bringing guns to the airport. CBS News homeland security and justice reporter Nicole Sganga has been looking into the story.