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April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
Nearly 4 million more U.S. children are living in poverty since the monthly checks ended in December, research shows.
The House passed a short-term funding extension to avoid a government shutdown which now heads to the Senate. CBS News congressional correspondent Scott MacFarlane joined CBS News' Tanya Rivero and Nancy Chen with the latest on getting the extension to President Biden's desk and other legislative priorities.
Although the enhanced payments ended in December, families who didn't get their money last year can still claim it.
In this MoneyWatch report, millions of Americans are set to bet on Super Bowl LVI. The Justice Department has seized billions of dollars in stolen Bitcoin. And Americans should know about some big money-saving tax credits. CBS MoneyWatch reporter Irina Ivanova joins "CBS News Mornings" with a breakdown.
The Biden administration is encouraging parents to file their taxes in order to receive the second half of the Child Tax Credit, which was part of the American Rescue Plan earlier in the pandemic. CBS News' Skyler Henry reports, and then CBS News reporter Sarah Ewall-Wice joins "Red and Blue" anchor Weijia Jiang with more details.
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.
The issue could create tax refund delays for parents if they rely on faulty information to complete their tax returns.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" on the first day of tax season to discuss what Americans need to know when filing their taxes this year. She addresses specifics about the Child Tax Credit, stimulus payments, unemployment benefits and free resources for tax prep.
Several House Democrats in swing districts are concerned about their political fate ahead of the midterm elections. Looking for a way to drive voters to the polls, some of these lawmakers are suggesting breaking up the Build Back Better Act. The Biden administration's key spending bill currently faces uncertainty in the Senate. Washington Post congressional reporter Marianna Sotomayor joins CBSN to break down the strategy discussions on Capitol Hill.
American families who depended on the enhanced child tax credit for extra income will not receive payments in January. Stormy Johnson, a mother and student support specialist in West Virginia, joined CBSN to discuss how the lapse is affecting her community and her message to West Virginia Senator Joe Manchin, who opposes the enhanced credit's extension.
Cash payments of up to $300 per child are ending as inflation and winter take a toll. Many parents are worried.
The Internal Revenue Service will begin accepting and processing 2021 federal tax returns on Monday, January 24. That comes as about 36 million families stop getting child tax credit payments. CBS MoneyWatch reporter Aimee Picchi spoke with Jericka Duncan on CBSN to review tips for filing tax returns and getting any refund as efficiently as possible.
Treasury officials warn filing taxes is going be a challenge this year due to the ongoing pandemic and a lack of resources at the Internal Revenue Service. CBS News reporter Sarah Ewall-Wice joins Lilia Luciano on CBSN to discuss.
Filing season opens January 24 and Treasury officials are urging taxpayers to get their tax returns in as early as possible.
Some Americans may see smaller-than-expected tax refunds in 2022 due to the Child Tax Credit. CBS MoneyWatch reporter Aimee Picchi joins CBSN to explain what people need to know before filing their returns.
Many American families could be eligible to claim tax breaks in 2022 but only if they take steps now. CBS News MoneyWatch reporter Aimee Picchi joins Elise Preston on CBSN to discuss what should people do to maximize those tax credits.
Starting in January, millions of families across the country will no longer receive an expanded version of the Child Tax Credit. CBS News chief legal correspondent Jan Crawford joins “CBS Mornings” to break down how this could impact families.
The monthly enhanced child tax credit benefit is likely to be halted for January without an extension from Congress, according to the IRS. CBS News political contributor and Democratic strategist Antjuan Seawright joined CBSN to discuss the child tax credit's impact so far and what could happen next.
West Virginia Senator Joe Manchin met virtually Tuesday with other Senate Democrats to talk about a way forward on the president's social and climate spending bill. CBS News congressional correspondent Nikole Killion joins CBSN's Tanya Rivero with more.
The tax code saw some major changes in 2021. Some tax breaks may not return in 2022, so make sure you don't lose out.
Senator Joe Manchin of West Virginia is resisting a one-year extension of the expanded child tax credit in President Biden's roughly $2 trillion social and climate spending package. The Democrat's stance on the provision is likely to delay passage of the bill until next year. Yeganeh Torbati, an economic policy investigative reporter for The Washington Post, joins CBSN's Lana Zak to discuss Manchin's opposition.
As stimulus programs wind down, experts warn that slashing the Child Tax Credit could put many families "on the brink."
Wednesday could be the final monthly payment for parents getting help from the Biden administration's change to the Child Tax Credit. CBS News reporter Sarah Ewall-Wice spoke with CBSN's Tanya Rivero about why the checks for the expanded credit could be at risk.
The stopgap measure will fund the government and provide tens of billions in disaster relief.
Police say the driver is under arrest after plowing into the crowd at a Christmas market in Magdeburg, Germany, killing at least five people - including a 9-year-old - and injuring 200 others.
The House Ethics Committee voted to release its report on the investigation into former Rep. Matt Gaetz on Dec. 5, according to multiple sources.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Kari Lake, a former broadcast journalist who unsuccessfully ran for governor and for a U.S. Senate seat in Arizona, is President-elect Donald Trump's selection to lead Voice of America.
The suspect drove through the doors of a JC Penny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Kari Lake, a former broadcast journalist who unsuccessfully ran for governor and for a U.S. Senate seat in Arizona, is President-elect Donald Trump's selection to lead Voice of America.
A look back at how "48 Hours" covered the 1996 Christmastime murder of JonBenét Ramsey in 2002, and what her father John Ramsey says about the unsolved Colorado case nearly 28 years later.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
After California man's death sentence is overturned, there's a renewed push to clear him.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Senators approve a bill to expand Social Security benefits to millions of Americans, with President Biden expected to sign it into law.
Here's what's driving up home heating costs, and how much families are expected to spend this winter.
The IRS said it's sending out checks worth up to $1,400 to 1 million people. Here's what to know about the "special payments."
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Kari Lake, a former broadcast journalist who unsuccessfully ran for governor and for a U.S. Senate seat in Arizona, is President-elect Donald Trump's selection to lead Voice of America.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The Senate confirmed two more judges to the federal bench on Friday, giving President Biden a total of 235 since he took office.
Thirteen states reported "high" or "very high" levels of flu-like illness last week, according to the U.S. Centers for Disease Control and Prevention. That's double the number of states from the week before. Ali Bauman reports.
Isaac Klapper was 10 years old when he started having episodes of what doctors initially thought was a movement disorder.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Skin care is all the rage for teens and tweens these days, but be careful not to give products that could cause more harm than good.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
In 2024, more than 10,000 people died in traffic accidents in Brazil, according to the Ministry of Transportation.
Inside Gaza, mourners held funerals for 19 people, 12 of them children, killed in Israeli strikes.
The suspect, identified by local media as 50-year-old Taleb A., was arrested after plowing a black BMW into a Christmas market crowded with holiday shoppers in Magdeburg, Germany, killing at least five people and wounding more than 200 others.
Hollywood star Blake Lively is accusing her "It Ends With Us" co-star Justin Baldoni of sexual harassment in a new lawsuit. His attorney has denied the allegations.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
The New York City Ballet has been performing "The Nutcracker" for decades. Each year, young dancers make their mark on the ballet.
Director Robert Eggers' highly-anticipated horror film "Nosferatu" will hit theaters on Christmas Day. The acclaimed director sat down with CBS Saturday Morning to talk about bringing the classic vampire tale to a new audience.
50 years ago, "The Godfather Part II" was playing in theaters nationwide. The film catapulted Lee Strasberg, whose namesake form of acting preparation was used by some of the film's leads, to stardom. Dozens of the entertainment industry's biggest stars have trained at his institute, learning the techniques of method acting. Michelle Miller went behind the scenes to learn more about "The Method Man."
The Supreme Court said Wednesday it will hear an appeal from TikTok over a federal law that would ban the social media giant if it is not sold by its Chinese parent company. Jan Crawford has more.
Elliston Berry's life was turned upside down after a photo she posted on Instagram was digitally altered online to be pornographic.
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 Supreme Court plans to hear arguments in January on a challenge to a new law that could lead to the popular social media app TikTok being banned in the U.S. The Biden administration and lawmakers say the Chinese government's ability to collect data from TikTok poses a significant national security risk, while the app and its Chinese parent company ByteDance argue that the law is unconstitutional. CBS News Supreme Court producer Catherine Cole has more.
FAA data shows that lithium battery fires on U.S. flights have risen 388% since 2015, now occurring nearly twice a week.
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, and is marked with traditions and celebrations around the world.
This week a group of plaintiffs in Missouri, Kansas, California and Florida filed a class-action lawsuit against dozens of companies and organizations, claiming they've falsely promoted how easy it is to recycle plastics. CBS News Los Angeles climatologist Marina Jurica has the details.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Early Americans may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts, research shows.
The Environmental Protection Agency under President Biden created a new Office of Environmental Justice that seeks to address pollution levels in disadvantaged and marginalized communities. However, there is concern that the incoming Trump administration could do away with the new department. David Schechter reports.
A look back at how "48 Hours" covered the 1996 Christmastime murder of JonBenét Ramsey in 2002, and what her father John Ramsey says about the unsolved Colorado case nearly 28 years later.
After California man's death sentence is overturned, there's a renewed push to clear him.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Luigi Mangione, now held in a New York City lock-up, could face the death penalty if convicted of the shooting death of UnitedHealthcare CEO Brian Thompson. The killing is sparking new concerns about violent extremism bubbling across the country.
At least two people are dead and dozens more injured after a vehicle plowed into a crowd at a Christmas market in Magdeburg, Germany. Authorities say the driver of the car was arrested and that it appears to be a deliberate attack. Elaine Cobbe has details.
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Here's why NASA astronauts Suni Williams and Butch Wilmore are stuck, but not stranded, at the International Space Station after launching into space in June.
NASA has delayed the return date for Boeing's Starliner astronauts Butch Wilmore and Suni Williams. CBS News' Manuel Bojorquez reports on the decision to keep the two in space.
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Two astronauts who have been stuck in space since June will have to wait until at least the end of March to come home after NASA on Wednesday again pushed back their return date. Derrick Pitts, chief astronomer for the Franklin Institute, joined CBS News to discuss what's causing the delays.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Actor Ted Danson sits down with Tracy Smith to discuss his latest project, “A Man on the Inside.” Then, David Pogue learns how some companies are creating ways to prevent whales from getting hit by cargo and cruise ships. “Here Comes the Sun” is a closer look at some of the people, places and things we bring you every week on “CBS Sunday Morning.”
Is there new hope to solve the murder of JonBenét Ramsey? Her father says there’s a way. "48 Hours" correspondent Erin Moriarty reports.
Here's a look at the top stories making headlines on the "CBS Weekend News" with David Wade.
The Chicago group Holiday Heroes seeks to bring joy and light to brave children at 18 different hospitals. Noel Brennan has more.
Many kids will be getting tablets or video games this holiday season. But this Boston boy has put down the gadgets and lifted up his entire neighborhood. David Wade reports.