A new tax break on auto loan interest may help 4 million car owners
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
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New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks.
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains. (Sponsored by Edward Jones)
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
The Internal Revenue Service is urging Americans to prepare for the 2025 tax filing season, beginning next week. Last year, roughly two-thirds of taxpayers got a refund and the average amount refunded was $3,100. CBS News contributor J.D. Durkin breaks it down.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
If you haven't filed your taxes yet, the deadline is quickly approaching with returns and extension requests due by Monday. IRS commissioner Danny Werfel joined CBS News to discuss tax season.
Americans still have a few days to file their 2023 taxes. The IRS says more than 90 million tax returns have been received as of March 29. Medora Lee, a personal finance reporter for USA Today, joins CBS News with tips on making the deadline.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Tax refunds so far are higher than last year, according to recent IRS data. Many Americans have big plans for the money.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
The IRS says the official start of tax filing season will kick off on Jan. 29 this year, with taxpayers allowed to file until April 15 in most cases. CBS MoneyWatch associate managing editor Aimee Picchi has more on this year's tax schedule.
The end of the year means it's time to start looking ahead to tax season. Dan Geltrude, certified public accountant, joins CBS News to share steps you can take now to set yourself up for an easier time come April.
About 1.5 million Americans have until July 17 to get the unclaimed refunds, the tax agency says.
April 18 is the IRS deadline to file your 2022 tax returns. Certified public accountant and founder of Geltrude and Company, Dan Geltrude, discusses filing tips and what to do with your refund with CBS News' Anne-Marie Green and Vladimir Duthiers.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Alicia Jegede, a CPA and founder of New Gen Financial Planning, discussed the potential benefits and drawbacks of married couples filing their taxes separately and jointly.
What happens if you don't pay your taxes correctly or on time? David Ragland, certified financial planner and CEO of IRC Wealth, joins CBS News' Errol Barnett and Lana Zak with his insight.
Some households could get a typical refund of almost $1,000 by filing their tax returns for 2019, tax collector says.
Border czar Tom Homan announced Thursday the surge of federal immigration officers in Minnesota is concluding, with a drawdown set to occur over the course of next week.
Vilma Palacios is one of thousands who have given up their immigration cases and voluntarily left the U.S. after being detained. More detainees are opting for voluntary departure than ever before, a CBS News analysis found.
The gloves will be tested for DNA as the search for Nancy Guthrie continues.
Four Minnesota officials and the leaders of three major immigration agencies are testifying before the Senate Homeland Security Committee on Thursday.
The Trump administration says greenhouse gases emitted from sources like cars, trucks and power plants will no longer by regulated by the federal government.
Documents that were part of the Epstein files release help explain why a video released from the night of Epstein's death was missing one minute close to midnight.
A high-profile House Democrat is accusing Attorney General Pam Bondi of "spying" on her search history while she pored through Jeffrey Epstein-related documents.
A retired United States Army colonel will serve two years in federal prison for sending classified war plans to a woman he met online, federal authorities said.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
Team USA cross-country skier Jessie Diggins collapsed after crossing the finish line in the women's 10-kilometer interval start on Thursday. She was competing while injured.
Amid negotiations with the White House, the pair of Democrats is pitching the bill as an enforcement mechanism to go alongside the changes they're seeking.
The gloves will be tested for DNA as the search for Nancy Guthrie continues.
A deal to reform the administration's immigration enforcement operation has remained elusive, making another partial government shutdown likely.
A retired United States Army colonel will serve two years in federal prison for sending classified war plans to a woman he met online, federal authorities said.
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See which models are affected.
Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
The Trump administration is trying to supercharge the race to dominate artificial intelligence by fast-tracking federal permits for data centers, but some local homeowners are raising concerns.
Amid negotiations with the White House, the pair of Democrats is pitching the bill as an enforcement mechanism to go alongside the changes they're seeking.
America's NATO allies say they're not disappointed by top Trump administration officials skipping summits, as they ramp up their own regional defenses.
A deal to reform the administration's immigration enforcement operation has remained elusive, making another partial government shutdown likely.
Border czar Tom Homan announced Thursday the surge of federal immigration officers in Minnesota is concluding, with a drawdown set to occur over the course of next week.
Four Minnesota officials and the leaders of three major immigration agencies are testifying before the Senate Homeland Security Committee on Thursday.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
America's NATO allies say they're not disappointed by top Trump administration officials skipping summits, as they ramp up their own regional defenses.
Team USA star skier Breezy Johnson was thrown off course during the Super-G event in Italy, but she arrived at the bottom of the slope to a wedding proposal.
President Trump has threatened to slap additional tariffs on Mexico to pressure the country into beefing up drug raids and cartel arrests.
Ukrainian Olympian banned from Winter Games for insisting on wearing helmet honoring athletes killed in his country's war with Russia.
The measure's passage is largely symbolic as it's likely to be vetoed by the president if it survives a Senate vote.
James Van Der Beek, known for starring in "Dawson's Creek" and "Varsity Blues," died Wednesday at the age of 48 after a battle with colorectal cancer. Vladimir Duthiers reports on the beloved actor's career.
Katie Holmes and Busy Philipps are among the "Dawson's Creek" cast members sharing memories of James Van Der Beek after his death at age 48.
James Van Der Beek, star of "Dawson's Creek" and "Varsity Blues," has died at age 48, according to his publicist and a post from his wife on social media. Carter Evans has more on his life and career.
James Van Der Beek, the star of teen classics like "Varsity Blues" and "Dawson's Creek," has died at the age of 48. His wife posted about his death on Instagram on Wednesday. CBS News correspondent Carter Evans reports.
Christian Cowan is one of the many designers featured in this season's New York Fashion Week. The 31-year-old is the creative director of his fashion label, which he founded in 2017. He joins "The Daily Report" to discuss his upcoming runway.
Many are questioning how Nancy Guthrie's Google Nest surveillance footage was recovered days after officials said it was disconnected with no active subscription to store video.
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
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.
Millions of Americans are turning to AI for emotional therapy. A report in JAMA found about 13% of young people use AI chatbots for mental health advice. Dr. Sue Varma, a board-certified psychiatrist, explains what to know about safety, privacy and ethical standard concerns.
The demands of the artificial intelligence boom may be causing shortages in other sectors that help boost the U.S. economy. Shira Ovide, a technology reporter for The Washington Post, joins CBS News with more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Abuse survivors were present during a fiery House Judiciary Committee hearing where lawmakers grilled Attorney General Pam Bondi about the latest batch of files released on the investigation into convicted sex offender Jeffrey Epstein. CBS News' Scott MacFarlane reports.
a pair of black gloves were found about a mile away from Nancy Guthrie's home, sources tell CBS News. Jonathan Vigliotti has the latest.
The gloves will be tested for DNA as the search for Nancy Guthrie continues.
Attorney General Pam Bondi clashed with some lawmakers at her House Judiciary Committee hearing over the Epstein files and their release. CBS News' Taurean Small reports.
Investigators have discovered a pair of black gloves more than a mile from Nancy Guthrie's home, a source close to the investigation tells CBS News. Bradley Blackburn reports and law enforcement contributor Rodney Harrison breaks down more on the investigation.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The South African refugees who are resettling in the U.S. say they are facing challenges with the system. The Free Press investigative reporter Madeleine Rowley joins CBS News to discuss.
The U.S. picked up five more medals – two gold and three silver – on Wednesday at the Winter Olympics. Jordan Stolz set an Olympic record in men's 1,000 meter speed skating while Elizabeth Lemley won the women's mogul skiing.
Nineteen Buddhist monks completed their peace walk in Washington, D.C., after they started walking in Texas in October. Ed O'Keefe spoke to the group's leader about their 15-week, 2,300-mile trek across eight U.S. states.
James Van Der Beek, known for starring in "Dawson's Creek" and "Varsity Blues," died Wednesday at the age of 48 after a battle with colorectal cancer. Vladimir Duthiers reports on the beloved actor's career.
Abuse survivors were present during a fiery House Judiciary Committee hearing where lawmakers grilled Attorney General Pam Bondi about the latest batch of files released on the investigation into convicted sex offender Jeffrey Epstein. CBS News' Scott MacFarlane reports.