IRS to refund 1.6M people who missed tax deadlines during pandemic
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
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.
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
The average refund so far in 2022 is about $2,300, down from last year's typical refund of $2,800.
Childless workers this year can claim an Earned Income Tax Credit worth up to $1,500 — triple the usual amount.
Millions of buyers and sellers of cryptocurrency will need to declare their digital currency transactions to the IRS.
The American Rescue Plan gave a one-year boost to a tax credit aimed at helping parents who pay for child care.
Although the enhanced payments ended in December, families who didn't get their money last year can still claim it.
The agency's Taxpayer Advocate said to avoid delays, people should triple-check for errors, file electronically and use direct deposit for refunds.
Families who received monthly payments in the second half of last year can still get up to $1,800 for children younger than 6 and $1,500 for children ages 6 to 17 as part of their refund.
Taxpayers and accountants say they are frustrated by difficulties in reaching the IRS. That's not likely to change.
Save big on appliances from top brands and retailers gearing up for Memorial Day.
Find out how and when to watch the Timberwolves vs. Nuggets Game 7 NBA Playoffs game tonight.
Here's how and when to watch Game 7 of the New York Knicks vs. Indiana Pacers NBA Playoffs series today.
The 2024 PGA Championship is live this weekend from Louisville, KY. Here's how and when to watch the golf action.
Don't miss the Vancouver Canucks vs. Edmonton Oilers in Game 6 of the teams' NHL Playoffs series tonight.
Don't miss the OKC Thunder vs. Dallas Mavericks Game 6 of the NBA Playoffs tonight.
Caitlin Clark is headed to the Big Apple as the Indiana Fever face the New York Liberty today in a WNBA matchup.
Is it us, or is it getting hotter in here? We've found the best window air conditioners available right now.
Liven up your patio and get much-needed sun coverage with the best patio umbrellas of 2024.
Michael Cohen is returning to the stand for a fourth day of testimony on Monday, the last appearance he is expected to make.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
"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.
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.
The Dali, the 948-foot-long cargo ship stuck in the Patapsco River for weeks since it felled the Francis Scott Key Bridge, was refloated Monday. Now it's headed to Seagirt Marine Terminal.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
Bruce Nordstrom, who helped expand his family's Pacific Northwest department store chain into an upscale national brand, has died, his sons confirmed Sunday.
Samsung piles on with its on ad after Apple apologizes for a spot that it acknowledged "missed the mark."
Wall Street investors are increasingly confident of a soft landing for the U.S. economy, pushing financial markets to new highs.
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.
Michael Cohen is returning to the stand for a fourth day of testimony on Monday, the last appearance he is expected to make.
In Atlanta, Georgia, and Detroit, Michigan, the president made overtures to Black voters while addressing Gaza and attacking Trump.
On this "Face the Nation" broadcast, Sen. J.D. Vance and Sen. Gary Peters join Margaret Brennan.
"What has gone on, transpired between Israel and the Palestinians going back decades is very complex, very difficult," former Defense Secretary Robert Gates said on "Face the Nation."
The following is a transcript of an interview with Sen. J.D. Vance, Republican of Ohio, that aired on May 19, 2024.
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.
Health authorities are watching for signs the virus might be starting to accelerate again after a springtime lull in COVID rates.
North Carolina Republicans are pushing forward with their plan to repeal a pandemic-era law, citing crime and recent campus protests.
Hypochlorous acid is the latest skin care ingredient making waves on social media for acne prevention — but is it true? We asked dermatologists.
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.
If extradited to the U.S., Julian Assange faces a potential 175 years in prison for publishing classified information about the wars in Afghanistan and Iraq.
"The families of the bereaved fishermen have been informed that the search has been called off," an official said.
Photos shared by local media showed a red truck dotted by bullet holes, and bloodied bodies lying in the trunk and on the ground.
Congo's army says it has foiled a coup attempt and arrested the perpetrators, including several Americans.
American and Nigerien defense officials say U.S. troops ordered out of Niger by its ruling junta will complete their withdrawal from the West African country by the middle of September.
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.
The lifestyle entrepreneur and host of "Martha Gardens" offers tips on preparing a delicious afternoon tea.
After studying design and architecture in college, Courteney Cox pursued modeling and acting, and is forever identifiable as "neat freak" Monica in the sitcom "Friends." Now she's an entrepreneur, creating a line of scented products for the home.
After studying design and architecture in college, Courteney Cox pursed modeling and acting, and is forever identifiable as "neat freak" Monica Geller in the classic sitcom "Friends." Now she's also an entrepreneur, creating a line of scented products for the home. She talks with correspondent Jonathan Vigliotti about why she was inspired to create Homecourt's cleaning and beauty products; her strong bonds with her "Friends" castmates; and about her early big break, appearing in a Bruce Springsteen music video.
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.
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.
Samsung piles on with its on ad after Apple apologizes for a spot that it acknowledged "missed the mark."
TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube.
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.
"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.
Maria Roque filed numerous police reports and got a protection order. But the system that was supposed to protect her failed.
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.
WASP-193b is 50% larger than Jupiter — the largest planet in our solar system — but seven times less massive because of it's extraordinarily low density.
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.
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?
For this edition of "The Takeout," Major Garrett sits down with author and Washington Post reporter Craig Whitlock. His new book details the rise and fall of former contractor "Fat Leonard," and his role in one of the most controversial scandals in U.S. military history.
A murder plot discussed on tape implicating a sheriff in southeastern Oklahoma triggers a CBS News investigation, uncovering a pattern of abuses that have gone largely unchecked for years. It's a cautionary tale that reveals an unsettling reality for small towns across America: when sheriffs abuse their power, people can die and there's little to hold them accountable.
Tonight, 60 Minutes says thank you to Frank Devine: a senior producer who's retiring after making our show better for 35 years. And thank you to viewers for watching our 56th season.
En una rara entrevista, el Papa Francisco responde a preguntas sobre conflictos globales, migrantes en los Estados Unidos, abuso sexual en la iglesia y más durante una conversación con Norah O'Donnell.
A Nazi’s photo album shows top officers at Auschwitz singing, socializing, and lighting a Christmas tree at a time when hundreds of thousands of Jews were killed in the concentration camp.