Here's how inflation will soon impact your tax bracket
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
Your Taxes
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.
New tax credits for EVs look generous — but they're complicated
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
7 money-savvy ways to spend your tax refund
With this year's average tax refund running around $3,100, here's how to use that money to meet your financial goals.
Haven't filed taxes? Here's the penalty for late returns
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.
Taxes 2022: Here's how to get an extension from the IRS
As of April 9, some 50 million Americans had yet to file their returns. Here's what to do if you need more time.
IRS faces backlog of unprocessed tax returns, staffing shortages
The IRS estimates that more than 3 million tax returns are still being processed from 2021.
Last-minute tax moves that can put money in your pocket
As the April 18 tax filing deadline nears, here are some tips for reducing what you owe or landing a bigger refund.
Bought crypto or NFTs? Here's what to know for tax season
Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions.
Worried about an IRS audit? Here's how to avoid getting flagged
Experts say there are a number of things people can do to lower the chance of getting audited by the IRS.
What's my tax rate? Here are the income brackets for 2022.
Depending on how much you earned last year, you may pay taxes at different rates. Here's how to find out where you fall.
IRS has $1.5 billion in unclaimed refunds — here's how to file a claim
A three-year window to claim the money is about to close. After that, the refunds become the property of U.S. Treasury.
Some tax refunds may be delayed this year. Here's why.
The IRS is facing staff shortages and backlogs of returns — on top of recently changed tax laws that make processing returns harder.
IRS aims to resolve massive backlog by end of year
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
These states may soon slash their residents' income taxes
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.
IRS announces plan to hire 5,000 workers — No experience needed
The tax agency says it wants to hire thousands of workers on the spot at hiring events on March 16, 23 and 30.
Millions of Americans could get tax refunds starting March 1
Taxpayers who claimed one of two tax credits are expected to get their refunds beginning this week, the IRS said.
Here's how long it will take to get your tax refund in 2022
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
Americans are worried about smaller refunds — for good reason
The average refund so far in 2022 is about $2,300, down from last year's typical refund of $2,800.
Millions of low-income Americans to get tax refund boost
Childless workers this year can claim an Earned Income Tax Credit worth up to $1,500 — triple the usual amount.
Dabbling in crypto? You must tell IRS about these transactions
Millions of buyers and sellers of cryptocurrency will need to declare their digital currency transactions to the IRS.
The $8,000 child tax credit that parents may not know about
The American Rescue Plan gave a one-year boost to a tax credit aimed at helping parents who pay for child care.
How to claim child credit money on your taxes this year
Although the enhanced payments ended in December, families who didn't get their money last year can still claim it.
Tight hiring market could affect tax season as IRS looks for help
The agency's Taxpayer Advocate said to avoid delays, people should triple-check for errors, file electronically and use direct deposit for refunds.
File a tax return to get the rest of the Child Tax Credit, officials say
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.
CBS Essentials
Shopping
How to watch the Cardinals vs. Seahawks NFL game today
Here's how to watch the Cardinals take on the Seahawks today.
Shopping
How to watch the 49ers vs. Packers NFL game today
Find out how (and where) to watch the 49ers face off with the Packers today.
Shopping
How to watch the Cowboys vs. Commanders NFL game today
Find out how (and where) to watch the Cowboys take on the Commanders today.
Shopping
How to watch the Eagles vs. Rams NFL game today
Want to watch the Philadelphia Eagles vs. Los Angeles Rams NFL game today? Here's how.
Shopping
How to watch the Chiefs vs. Panthers football game today
Here's everything you need to know about watching the Kansas City Chiefs-Carolina Panthers game today.
Shopping
How to watch the Buccaneers vs. Giants football game today
Want to know how to watch the Tampa Bay Buccaneers vs. New York Giants NFL game today? Here's what you need to know.
Shopping
How to watch the Patriots vs. Dolphins NFL game today
Want to know how to watch the New England Patriots vs. Miami Dolphins NFL game today? Here's what you need to know.
Shopping
How to watch the Lions vs. Colts NFL game today
Find out how (and where) to watch the Lions face off with the Colts today.
Shopping
How to watch the Vikings vs. Bears NFL game today
Find out how (and where) to watch the Vikings face off with the Bears today.
U.S.
More U.S.
3 shot, 1 stabbed in Christmas night dispute at Phoenix airport, police say
Gunfire rang out at Phoenix Sky Harbor International Airport on Christmas night and left three people wounded, police say. Another was stabbed. One was in critical condition.
What is Boxing Day? All about the celebration's origin and traditions
Boxing Day 2024 is here, but not all Americans understand the meaning of the holiday celebrated in countries like the U.K. and Canada.
Prison guard dead after Christmas morning assault by inmate, officials say
A corrections officer died after an assault by an inmate in an Ohio prison on Christmas morning, authorities say.
Beyoncé's halftime show the highlight of a lackluster NFL Christmas slate
Beyoncé surprised fans by bringing out Shaboozey to perform "Sweet Honey Buckiin," and Post Malone joined her for "Levii's Jeans."
The toy industry is bracing for the impact of Trump's promised tariffs
Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.
MoneyWatch
More MoneyWatch
The toy industry is bracing for the impact of Trump's promised tariffs
Toy stores and the toy industry are warning that Trump's pledge to add tariffs to Chinese imports could harm their businesses.
Pet food brand issues recall over bird flu contamination
A voluntary recall was issued for a line of raw and frozen pet food after a cat died of bird flu.
Lawyers for ex-Abercrombie CEO say he has dementia, can't stand trial
Defense lawyers say the former longtime CEO of Abercrombie & Fitch may have dementia, prompting a competency hearing.
Is anything open on Christmas Day? Here's what's open and closed.
Last-minute grocery items and gifts can be found on Christmas Day, but many retailers and chains may be closed today.
Starbucks strike shuts down hundreds of locations
More than 5,000 workers were expected to take part in walkout that ends later on Christmas Eve, their union says.
Politics
More Politics
Trial of man accused in Trump assassination attempt in Florida pushed back
Ryan Wesley Routh is being held in Miami awaiting trial in Fort Pierce.
With Biden's signature, bald eagle officially America's bird
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Biden signs 50 bills into law on Christmas Eve
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
Bill Clinton discharged from hospital after being treated for flu
Former President Bill Clinton was released from a hospital in Washington. D.C., on Christmas Eve, following an overnight stay for treatment of a fever and flu.
Biden signs defense bill, despite ban on transgender health care for military kids
President Biden has signed the annual defense authorization bill into law.
HealthWatch
More HealthWatch
HealthWatch
Why some children are turning to GLP-1 drugs
A growing number of young people are receiving prescriptions for GLP-1 weight loss medications like Ozempic and Wegovy. Janet Shamlian examines why.
FDA raises urgency of Costco egg recall
The FDA has raised the level of a Costco egg recall, warning of the risk of severe illness or death due to potential salmonella contamination. Over 10,000 cartons of Kirkland brand organic eggs sold at stores across the South are affected. Customers are urged to discard or return eggs marked with Julian code 327 and a use-by date of Jan. 5, 2025.
Expert tips to support your immune system
With flu levels rising, Dr. Rabia De Latour shares ways to support your immune system and stay healthy during the holidays.
How to stay healthy during holiday gatherings
Seasonal illnesses are increasing just days away from the holidays. The CDC reports positive flu tests are up 9% in the most recent week and cases of whooping cough are six times last year's rate. Dr. Susannah Hills, an ear, nose and throat specialist at Columbia University Medical Center, explains how to stay safe.
Are you contagious? Here's when you're most likely to spread COVID, flu, RSV
How long are you contagious after getting COVID, flu, RSV, pneumonia and more? Here's what to know to keep others safe this holiday season.
World
More World
What is Boxing Day? All about the celebration's origin and traditions
Boxing Day 2024 is here, but not all Americans understand the meaning of the holiday celebrated in countries like the U.K. and Canada.
Over 100 migrants rescued trying to cross English Channel on Christmas
At least 73 migrants have died trying to cross the English Channel to Britain this year, according to French authorities, making 2024 the deadliest year on record for the crossings.
347 skiers rescued by helicopter in French Alps
Chairlifts at two different resorts in the French Alps broke down on Tuesday, stranding hundreds in two separate incidents.
Royal family celebrates Christmas with no sign of Prince Andrew
King Charles III was joined at Christmas services by close members of the royal family, including Prince William and Kate — but Prince Andrew was notably absent.
Bridge collapse in Brazil leaves at least 2 dead, dozen missing
A bridge linking two northern states in Brazil collapsed, sending cars and trucks plunging into the river below. A sulphuric acid spill is complicating the rescue operation.
Entertainment
More Entertainment
Beyoncé's halftime show the highlight of a lackluster NFL Christmas slate
Beyoncé surprised fans by bringing out Shaboozey to perform "Sweet Honey Buckiin," and Post Malone joined her for "Levii's Jeans."
Angel Blue on Met role debut in "Aida" and Opera journey
Angel Blue, who was recently named Classical Music's "Vocalist of the Year," is set to perform the title role in "Aida" at the Metropolitan Opera. Known for her Grammy-winning performances, Blue will take the stage in New York beginning on Dec. 31. She joins "CBS Mornings Plus."
Netflix carrying 2 NFL games on Christmas Day. It's a big step.
Netflix will have one of its biggest days Wednesday since the site launched in 1998 when it airs two NFL games for the first time.
Prosecutor drops appeal, ending case against Alec Baldwin in "Rust" shooting
The appeal had asked the court to reinstate charges, including involuntary manslaughter, against Alec Baldwin.
Denzel Washington gets minister's license at Harlem church
Just shy of his 70th birthday, Denzel Washington has a new line to add to an already impressive résumé.
Technology
More Technology
Technology
AI features dominating tech heading into 2025
New artificial intelligence features appeared across the tech landscape this year, from the latest iPhone to chatbots like Google's Gemini. Adam Auriemma, the editor-in-chief at CNET, joins CBS News 24/7 with more.
Researchers develop robot to help people walk
A robotic exosuit may seem like science fiction, but a team of South Korean researchers is turning the concept into reality. CBS News' Leah Mishkin explains how the new tech is helping people with disabilities walk on their own.
How AI powered robots are helping small farms
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.
Holiday shoppers on the lookout for big TVs
TVs are some of the most popular items to fly off store shelves during the holidays. But this year, experts say shoppers are going bigger than ever. CBS News' Jeff Wagner explains.
Health care AI, intended to save money, requires expensive humans
Despite the hype over artificial intelligence in medicine, the systems require consistent monitoring and staffing to put in place and maintain.
Science
More Science
Orca who carried her dead calf for 17 days has a new baby
Tahlequah has a newborn girl, years after she made headlines for carrying her dead calf for 17 days.
2,600-year-old shipwreck is raised from waters off Spain
An ancient shipwreck that dates back to the 7th century B.C.E. has been removed from waters off Spain, two decades after its discovery in 1994.
What to know about the winter solstice, 2024's shortest day
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.
Class-action lawsuit over plastic recycling
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.
Why fish, birds and other animals yawn too, according to an expert
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.
Crime
More Crime
3 shot, 1 stabbed in Christmas night dispute at Phoenix airport, police say
Gunfire rang out at Phoenix Sky Harbor International Airport on Christmas night and left three people wounded, police say. Another was stabbed. One was in critical condition.
Prison guard dead after Christmas morning assault by inmate, officials say
A corrections officer died after an assault by an inmate in an Ohio prison on Christmas morning, authorities say.
Backpacks full of $1.1 million worth of cocaine found near Canada border
Agents found 30 brick-like packages of cocaine inside the backpacks, located in a wooded area in Washington near the U.S. border with Canada.
"Desperate" killer who escaped from Mississippi prison is recaptured
Authorities in Mississippi say a "desperate" and "very dangerous" convicted murderer, Drew Johnson, is back in custody after escaping from prison Tuesday.
Former Philadelphia Eagles running back pleads guilty to fraud charges
Former Philadelphia Eagles running back Wendell Smallwood Jr. pleaded guilty to federal fraud charges.
Space
More Space
Discovery of "tipped over" black hole surprises NASA scientists
New analysis techniques and decades-old research helped NASA scientists identify an unusual black hole in a distant galaxy.
Why are the Boeing Starliner astronauts stuck in space?
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 delayes return date for astronauts
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 leader weighs in on Elon Musk, SpaceX and plans for moon rocket
NASA Administrator Bill Nelson says he's optimistic the Trump administration will support the space agency's agenda.
Boeing Starliner crew's return delayed again
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.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
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 troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Academy teaches students the art of playing Santa
Twice a year, between 100 and 150 student Santas and Mrs. Clauses from as far away as Europe enroll at the Northern Lights Santa Academy in Atlanta for a three-day boot camp where they will learn to become professional Christmas entertainers. Skyler Henry has details.
In show of unity, 4 pastors swap congregations
In Midland, Texas, four pastors from different denominations decided to exchange pulpits for one day in order to deliver a message about tolerance and acceptance to their congregations and the community. Jason Allen has more.
Celebrating the holidays around the globe
Jericka Duncan takes a look at how Christmas and Hanukkah are being marked around the world and even aboard the International Space Station.
Why some children are turning to GLP-1 drugs
A growing number of young people are receiving prescriptions for GLP-1 weight loss medications like Ozempic and Wegovy. Janet Shamlian examines why.
The impact of tariffs on the U.S. toy industry
If President-elect Donald Trump follows through on his threat of imposing new tariffs on Mexico, Canada and China, it could have major repercussions for the U.S. toy industry. Kelly O'Grady explains.