IRS delays tax filing deadline until May 17
Accountants had pressed the tax agency for more time given the challenges of dealing with the coronavirus pandemic.
Accountants had pressed the tax agency for more time given the challenges of dealing with the coronavirus pandemic.
The IRS has pushed back the tax filing deadline from April 15 to May 17, giving taxpayers an extra month to file their returns amid the pandemic.
Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.
The IRS is planning to postpone its customary April 15 tax filing deadline until May 17 due to the challenges of the coronavirus pandemic for taxpayers and the IRS. CBSN's Tanya Rivero has the details.
The IRS is now starting to distribute the third round of stimulus checks, worth up to $1,400 per eligible adult and child. But the timing of getting a check may depend partly on a bank's policies, with some customers of JPMorgan Chase and Wells Fargo expressing frustration after the banks said the coronavirus relief payments won't be available until March 17. CBS Los Angeles reports.
Tax agency's backlog of unprocessed returns surged amid the pandemic, leading to a 50% spike in interest payments.
Americans may still have options if they didn't receive a payment in the first two rounds of emergency relief.
People whose income fell in 2020 or who had a baby may want to file quickly to ensure they get their full payment.
Residents and businesses in the storm-battered state will have until June 15 to file their returns.
Tax experts are suggesting that people file their 2020 tax returns as soon as possible this year in order to help make sure they receive as much as they're entitled to if Congress passes another round of stimulus checks. CBS MoneyWatch reporter Aimee Picchi joins CBSN AM to discuss.
This tax season, pandemic-related financial assistance could complicate things for millions of Americans. CBS affiliate WNEM-TV's Jamie Sherrod breaks down what's different.
Sharp employment cuts at the tax agency over the last decade have resulted in jammed phone lines and refund delays.
Jackson Hewitt says as many as 13 million checks may have been sent to closed or invalid bank accounts.
Cards will be mailed in envelopes with clearer identification than those in first round, which some people threw away.
The IRS "Get My Payment" site is now operational, but some people are still left with questions about their $600 checks.
Second federal stimulus checks are now hitting people's bank accounts, but some won't qualify for the payments.
As IRS starts to distribute the emergency payments, experts urge consumers to be on guard: "This is Christmas for fraudsters."
The tax agency said it began distributing direct deposits Tuesday night, and will start mailing paper checks December 30.
The discrepancy primarily involves Prince's music publishing and recording interests, according to court documents.
Millions of Americans are heading for a "bleak winter" without additional financial relief from U.S., economists warn.
Ninety of these groups have received more than $1B in tax-deductible donations over the last decade.
Negotiations for another stimulus package are likely to resume, but analysts predict a smaller round of funding.
People who are eligible for the payment but have yet to receive it have until November 21 to register with the IRS.
A new phishing scam dangles the possibility of a stimulus check, but criminals just want your personal information.
People who maybe be eligible for the federal coronavirus relief payments face a deadline later this month.
He said he'd do it to help crack down on illegal immigration and drugs. Economists say such tariffs could dramatically raise prices on everything from gas to autos.
Special counsel Jack Smith asked a federal judge to toss out the charges against President-elect Donald Trump in the case stemming from the 2020 election.
Special counsel Jack Smith asked a federal appeals court to dismiss his appeal in the documents case against President-elect Donald Trump.
Susan Lorincz was sentenced to 25 years in prison for shooting Ajike Owens, her Black neighbor, through her front door last year.
Republicans vying for jobs allege Trump transition aide Boris Epshteyn has been mixing private consulting with his transition role.
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
An Osprey being used to ferry White House staff and government officials from an event in New York was grounded Monday.
John Tinniswood, the world's oldest man, has died in northern England. He credited his longevity largely to "pure luck," but did offer advice about over-indulging - in anything.
The petition alleges UMG used bots to drive up streams on "Not Like Us," paid radio promoters to increase air play and paid Apple to have Siri misdirect users to Kendrick Lamar's hit song.
An Osprey being used to ferry White House staff and government officials from an event in New York was grounded Monday.
A sonar image suspected of showing the remains of the plane of Amelia Earhart has turned out to be a rock formation.
Seuk Kim was flying three dogs from Maryland to Albany, New York, when the plane crashed in the snowy woods of the Catskill Mountains, officials said.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
The petition alleges UMG used bots to drive up streams on "Not Like Us," paid radio promoters to increase air play and paid Apple to have Siri misdirect users to Kendrick Lamar's hit song.
Millions of Americans would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare and Medicaid under a rule the Biden administration has proposed.
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Warnings have been popping up on social media urging women who might be considering divorce to "pull the trigger" while they still have the option of no-fault divorce.
Millions of Americans would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare and Medicaid under a rule the Biden administration has proposed.
Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.
President-elect Donald Trump skipped President Biden's inauguration following Trump's supporters' Capitol assault.
A tree that survived Hurricane Helene in North Carolina was unveiled as the 2024 White House Christmas tree.
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
About 20% of patients — as many as 1 in 5 — may not respond well to medications like Mounjaro and Wegovy, according to several obesity experts.
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
South Africa's Cape Peninsula is a big tourist draw, but it's also home to hundreds of brazen baboons, and there's fear people-monkey encounters are set to rise.
John Tinniswood, the world's oldest man, has died in northern England. He credited his longevity largely to "pure luck," but did offer advice about over-indulging - in anything.
Scuffles and fistfights broke out weeks after a deadly rail station roof collapse that ignited tensions in the Balkan state.
Police thought a shoe thief was on the loose at a kindergarten, until a security camera caught the furry culprit in action.
Trans performance artist Ling'er says she was forced to undergo electroshock treatments at a hospital in China that left her with a heart condition.
The petition alleges UMG used bots to drive up streams on "Not Like Us," paid radio promoters to increase air play and paid Apple to have Siri misdirect users to Kendrick Lamar's hit song.
"Wicked" led the box office with $114 million, while "Gladiator II" earned $55 million in a record-setting pre-Thanksgiving weekend. The combined success marks the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic. Rebecca Rubin, a senior film and media reporter with Variety, has more.
While "Gladiator II" earned $55 million at the box office domestically, "Wicked" soared with $114 million. It was the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic, with the two movies earning the nickname "Glicked."
Barbara Taylor Bradford was one of the world's most popular and wealthiest writers, her net worth estimated at more than $200 million.
One of the most successful computer games of all time is currently being developed by Apple as a forthcoming movie.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
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.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
A California judge on Monday delayed his decision on whether to resentence the Menendez brothers until January. In October, the outgoing Los Angeles district attorney requested a judge reconsider Lyle and Erik's sentences for the 1989 murders of their parents after new evidence was introduced. CBS News correspondent Elise Preston reports.
The NFL and the NBA have issued warnings to players about transnational gangs that may be targeting them for burglaries. CBS News national security contributor Sam Vinograd has more on the criminals behind the schemes.
There are three legal paths for the Menendez brothers to potentially leave prison after serving several decades for the 1989 killings of their parents. CBS News legal contributor Jessica Levinson breaks down the latest in their legal battle.
Susan Lorincz was sentenced to 25 years in prison for shooting Ajike Owens, her Black neighbor, through her front door last year.
A suspect in the fatal shooting of a woman and her 4-month-old son inside a car in Hartford, Connecticut, was arrested in Puerto Rico, officials said.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
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.
President-elect Donald Trump is threatening to impose tariffs on Mexico, Canada, and China as soon as he takes office in January. In a social media post, Trump said the tariffs would remain in place against Mexico and Canada, "until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" CBS News political reporter Katrina Kaufman has the latest on the incoming Trump administration.
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
A federal judge in Texas plans to hold another hearing to decide whether satirical news outlet "The Onion" can move forward with the purchase of conspiracy theorist Alex Jones' company, Infowars. CBS News correspondent Janet Shamlian has the latest from Houston.
Multiple weather systems are forecast to drop rain and snow across the U.S. during the week of Thanksgiving. CBS News national weather correspondent Rob Marciano has more on what conditions to expect.
Federal and local authorities are reportedly warning the Macy's Thanksgiving Day Parade in New York City could be a target for would-be terrorists. Law enforcement officials will also need to be on high alert for what could be the busiest and most crowded holiday travel season yet. CBS News national security contributor Sam Vinograd joins with analysis.