Here's who would benefit from new deal to expand the Child Tax Credit
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
Child Tax Credit
Expert tips on preparing for next tax season
Tax season comes to a close Tuesday. Thomas Godwin, an assistant professor of accounting at Purdue University, joins Elaine Quijano and Michael George to look ahead to next year's tax season and offer advice on how Americans can begin planning for it.
Tips for last-minute tax filers
The deadline to submit your taxes is Tuesday. Mark Steber, a senior vice president and chief tax information officer at Jackson Hewitt Tax Service, joined "CBS News Mornings" with tips for last-minute filers and advice for making the process go as smoothly as possible.
Explaining the Child Tax Credit
Pratik Patel, the head of Family Wealth Strategies for BMO Family Office, joins CBS News' Lilia Luciano and Lana Zak to discuss the Child Tax Credit. He explains who qualifies, who doesn't, and how it could impact your tax refund.
Here's what to know if you haven't filed your tax return yet
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
Why some Americans may get a smaller tax refund this year
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
Americans may get a tax refund shock this year
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
9 million people have one day to claim U.S. stimulus checks
IRS officials say 9 million Americans are still eligible for stimulus aid, but clock is ticking to claim funds.
10M people still eligible for stimulus check, but clock is ticking
Some Americans, especially those who don't pay taxes, may still be due some pandemic money, a government report says.
MoneyWatch: Federal survey highlights discrepancies between between Americans' individual financial well-being and thoughts on the U.S. economy as a whole in 2021
A new report from the Fed shows that 76% of Americans surveyed at the end of 2021 did not think that the U.S. economy was doing good; however, 78% said they were individually doing at least okay financially.
MoneyWatch: How to navigate Tax Day
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.
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.
Child poverty surges after Child Tax Credit payments end
Nearly 4 million more U.S. children are living in poverty since the monthly checks ended in December, research shows.
House passes bill to fund government
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.
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.
MoneyWatch: Stolen Bitcoin, tax credits & more
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.
Parents encouraged to claim Child Tax Credit
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.
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.
IRS warns some CTC letters may have incorrect information
The issue could create tax refund delays for parents if they rely on faulty information to complete their tax returns.
What you need to know as tax season begins
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.
Democrats look for legislative options ahead of midterms
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.
Families cope as child tax credit checks stop
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.
"There will be times I won't eat," mom says of losing tax break
Cash payments of up to $300 per child are ending as inflation and winter take a toll. Many parents are worried.
Tips for taxpayers this filing season
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.
IRS warns of frustrating tax filing season ahead
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.
Senate clears first hurdle to avoid shutdown, advances short-term spending bill
The Senate advanced a short-term spending measure as the government faces a Friday deadline to avert a partial shutdown.
White House set to renew terrorist designation of Houthi rebels
This comes as Iranian-backed Houthi rebels continue their attacks targeting commercial vessels in the Red Sea.
Here's who would benefit from new deal to expand the Child Tax Credit
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
Trump's margin of victory in the Iowa GOP caucuses smashed previous record
Former President Donald Trump's 30-point victory smashed the record previously held by Bob Dole.
GOP debate ahead of New Hampshire primary canceled
Former South Carolina Gov. Nikki Haley said she would not participate in the debate unless former President Donald Trump did.
Rangers owner James Dolan and Harvey Weinstein accused of sexual assault
Kellye Croft, who worked as a massage therapist for Dolan and his band while they were on tour, alleged in a lawsuit filed Tuesday that Dolan "unlawfully trafficked her for his own sexual gratification."
What to know about the second trial between Trump and E. Jean Carroll
The trial, which began Tuesday morning, is the second related to E. Jean Carroll's allegations and Trump's subsequent denials.
Gilgo Beach murders suspect Rex Heuermann charged with 4th killing
Heuermann was arrested last summer and charged with killing three women whose bodies were found along Gilgo Beach in 2010. He was charged Tuesday with the killing of Maureen Brainard-Barnes.
Bernie Sanders' bid to probe Israel's actions in Gaza rejected by Senate
It would have required the State Department to produce a report on whether the Israeli war effort in Gaza is violating human rights and international accords.
U.S.
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Bernie Sanders' bid to probe Israel's actions in Gaza rejected by Senate
It would have required the State Department to produce a report on whether the Israeli war effort in Gaza is violating human rights and international accords.
Gilgo Beach murders suspect Rex Heuermann charged with 4th killing
Heuermann was charged last summer with killing three women whose bodies were found along Gilgo Beach in 2010.
European crew ready for commercial flight to space station
The flight marks the third commercial space station visit funded by Houston-based Axiom Space, and the first with an all-European crew.
Brothers elected mayors of neighboring New Jersey towns
Brothers John and Vince Giovannitti serve as mayors of Paulsboro and Greenwich Township, New Jersey.
What temperatures are too cold for your pets? Experts weigh in.
"If you're bundled up, and you find that it's too cold and you can't handle it any longer, your dog probably can't either," one veterinarian said.
MoneyWatch
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Here's who would benefit from new deal to expand the Child Tax Credit
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
Ben & Jerry's board chair calls for "immediate" ceasefire in Gaza
Ben & Jerry's board chair calls for a truce between Israeli and Palestinian forces, saying the goal is "consistent" with the ice cream maker's policies.
Another rough day for travelers as airlines cancel more than 2,200 flights
Airline crews are stretched and de-icing fluid is running low as harsh winter weather across many U.S. states disrupts air travel.
Poultry plant's "inaction" led to teenager's death, feds say
Safety regulator blasts poultry company, saying "nothing has changed" two years after another teen was killed at a Mississippi processing facility.
Judge blocks JetBlue-Spirit Airlines deal, citing antitrust concerns
Federal judge rules that JetBlue's $3.8 billion purchase of Spirit would limit options for travelers by reducing the number of discount carriers.
Politics
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Bernie Sanders' bid to probe Israel's actions in Gaza rejected by Senate
It would have required the State Department to produce a report on whether the Israeli war effort in Gaza is violating human rights and international accords.
White House set to renew terrorist designation of Houthi rebels
This comes as Iranian-backed Houthi rebels continue their attacks targeting commercial vessels in the Red Sea.
Brothers elected mayors of neighboring New Jersey towns
Brothers John and Vince Giovannitti serve as mayors of Paulsboro and Greenwich Township, New Jersey.
Audio obtained from 911 call for Defense Secretary Lloyd Austin
Defense Secretary Lloyd Austin was taken to the hospital on Jan. 1, unbeknownst to the White House at the time.
GOP debate ahead of New Hampshire primary canceled
Former South Carolina Gov. Nikki Haley said she would not participate in the debate unless former President Donald Trump did.
HealthWatch
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Fruit juice associated with weight gain in kids and adults, study finds
Drinking a glass or more of 100% fruit juice daily is associated with a small weight gain in children and adults, according to a new analysis.
Tobacco use falling worldwide but Big Tobacco fighting trend, WHO says
"I'm astounded at the depths the tobacco industry will go to pursue profits at the expense of countless lives," says the World Health Organization's director of health promotion, Ruediger Krech.
What to know about radon, the odorless gas that can lead to lung cancer
Radon is an odorless, colorless, radioactive gas that is the leading cause of lung cancer for nonsmokers. Experts recommend testing for it in your home —here's how.
Kate Cox on her legal fight for an abortion in Texas
Last August, tests revealed that Kate Cox, a mother of two in Texas, was pregnant with a child that had Trisomy 18, a genetic condition that causes severe developmental problems. According to Cox's doctors, the prognosis for the baby was death before or shortly after birth, and Cox's future fertility was at risk. She sued to receive an abortion under Texas law which bans the procedure in nearly all cases, but found herself caught in a legal battle with the state's attorney general. Correspondent Tracy Smith talks with Kate Cox, her husband Justin and with their lawyer, Molly Duane, about the court decisions that forced Cox to leave Texas for the medical procedure.
Alarming flu surge kills 40 children
There is an alarming flu surge across the country, with doctors warning that the virus is spreading at an increased level in many states. As many as 40 children have died from the illness this flu season, the CDC said. CBS News' Omar Villafranca has more.
World
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White House set to renew terrorist designation of Houthi rebels
This comes as Iranian-backed Houthi rebels continue their attacks targeting commercial vessels in the Red Sea.
4 new species of deep-sea octopus discovered, researchers say
Four new species of octopus, one dubbed the dorado octopus, were found in the ocean off Costa Rica.
Austrian man who locked up daughter for 24 years could be eligible for parole
Josef Fritzl, now 88, was sentenced to life in prison in 2009 after pleading guilty to locking up his daughter in a basement for 24 years and fathering seven children with her.
Houthis continue attacks in Red Sea even after series of U.S. military strikes
The Iranian-backed Houthis launched another attack on merchant shipping Tuesday just hours after the U.S. preemptively struck missiles that were prepared to launch, according to U.S. Central Command.
Shark attacks 10-year-old Maryland boy at resort in Bahamas
The boy was bitten while participating in an expedition in a shark tank at a local resort, officials said.
Entertainment
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2024 Grammy Awards: Here's who's performing
Nominees Billie Eilish, Dua Lipa, and Olivia Rodrigo are all up for Song of the Year at this year's 66th Grammy Awards.
Ten memorable moments from the 2024 Emmys
From on-stage kisses between co-stars to history-making wins and cast reunions, here are ten of the most memorable moments from the 2024 Emmys.
Sofia Vergara sheds "Modern Family" image for new role in "Griselda"
The series is a stark contrast to Vergara's previous work as the vibrant Gloria Pritchett, on "Modern Family."
Here are the 19 people who have reached EGOT status
Three people became EGOTS at the same time for their work on one 2018 project, and now Elton John is the latest to join the elite club.
Sofia Vergara on new role in "Griselda"
Sofia Vergara is making a dramatic shift as she stars and executive produces Netflix's new series "Griselda." Based on the real-life story of a notorious drug lord, Vergara's portrayal is a shift from her previous comedic roles. CBS News' Jonathan Vigliotti has more.
Technology
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Apple to remove pulse oximeter from watches to avoid sales ban
Medical device company called Apple's move to redesign its watches "a positive step toward accountability."
Apple Watch patent dispute enters 4th year
January marks four years of disputes between Apple and the health tech company Masimo. The two companies are at odds over blood oxygen measurement technology used in the Apple Watch. Axios tech policy reporter Maria Curi joins CBS News to sort through the legal battles and examine what could come next in the fight.
AI takes center stage at CES 2024
The annual CES consumer tech convention is wrapping up its week-long stay in Las Vegas on Friday. The event featured some of the industry's latest advances across virtual reality, robots, and the growing realm of artificial intelligence. Nick Wolny, senior editor at CNET, joined CBS News with a recap of the week.
Microsoft briefly tops Apple as world's most valuable company
Microsoft's market value momentarily surpassed that of Apple's for the first time in years as the software giant deepens it AI presence.
eBay agrees to pay $3 million to resolve charges over stalking scandal
Online retailer eBay has agreed to pay a $3 million fine to resolve criminal charges over employees who harassed a Massachusetts couple by sending live spiders, cockroaches and other disturbing items to their home.
Science
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4 new species of deep-sea octopus discovered, researchers say
Four new species of octopus, one dubbed the dorado octopus, were found in the ocean off Costa Rica.
Contrails from airplanes are warming the planet. Could AI offer a solution?
Feathery white lines of condensation left behind airplanes, known as contrails, add to warming the planet. A new study suggests artificial intelligence could dramatically reduce them.
Deadly arctic blast affecting millions
The freezing temperatures that impacted the Iowa caucuses are being blamed for at least 12 deaths from Oregon to Tennessee. Texas is one of the places feeling the effects of the arctic blast with extreme wind chills blanketing the state Tuesday. Dominic Brown with CBS News Texas has a look at the forecast.
"Grandiose" treasure trove of ancient artifacts, skeletons found in Brazil
In four years of digging, the team of archaeologists have unearthed 43 human skeletons and more than 100,000 artifacts.
Pee-cycling: Turning human urine into fertilizer
The Rich Earth Institute in Vermont collects, pasteurizes and distributes recycled human urine as agricultural fertilizer, to return precious nutrients and minerals to the soil. Pee jokes are an occupational hazard.
Crime
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Gilgo Beach murders suspect Rex Heuermann charged with 4th killing
Heuermann was charged last summer with killing three women whose bodies were found along Gilgo Beach in 2010.
Gilgo Beach suspect charged with fourth murder
The man accused of killing three women on New York's Long Island was formally indicted for the alleged murder of a fourth victim on Tuesday. CBS New York's Carolyn Gusoff has the details.
Rangers owner James Dolan and Harvey Weinstein accused of sexual assault
Kellye Croft, who worked as a massage therapist for Dolan and his band while they were on tour, alleged in a lawsuit filed Tuesday that Dolan "unlawfully trafficked her for his own sexual gratification."
Austrian man who locked up daughter for 24 years could be eligible for parole
Josef Fritzl, now 88, was sentenced to life in prison in 2009 after pleading guilty to locking up his daughter in a basement for 24 years and fathering seven children with her.
Judge makes Alex Murdaugh's quest for new murder trial harder
A jury found Alex Murdaugh guilty last year in the murders of his wife Maggie and younger son Paul.
Space
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European crew ready for commercial flight to space station
The flight marks the third commercial space station visit funded by Houston-based Axiom Space, and the first with an all-European crew.
Mark your calendar and get ready to look up: Space dates for 2024
Astronomy fans can enjoy celestial events throughout 2024, looking to the sky to see full moons, meteor showers and a total solar eclipse. Here are the key dates to mark on your calendar.
NASA delays upcoming Artemis moon missions
NASA says the delays in plans will allow time to solve technical problems and to carry out flight tests of SpaceX's Starship moon lander.
Astrobotic says its Peregrine lunar lander won't make it to moon
Spacecraft-builder Astrobotic says the lander will run out of propellant Thursday, ending any chance of a planned moon landing.
U.S. lunar lander in jeopardy
The spacecraft carrying the Peregrine, a commercially built American lunar lander, may be facing a critical failure after its launch Monday. Derrick Pitts, the chief astronomer at Philadelphia's Franklin Institute, joins CBS News with details on the spacecraft's apparent fuel leak.
Latest Galleries
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Kassanndra Cantrell disappearance: Inside the investigation
Days after a young woman vanishes, a man in a distinctive hat is seen walking away from her car. Who is the man in the hat?
Timeline: The search for Christie Wilson
Christie Wilson disappeared in 2005, and her killer refused to say where he put her body.
Notable Deaths in 2023
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The mysterious disappearance of Mary Day
In 1981, 13-year-old Mary Day disappeared from her Seaside, Calif., home, with no sign of her anywhere. It would be 22 years before she reappeared, bringing along more questions than answers.
Matthew Trussler murder: Inside the case
Matthew Trussler was found dead at the home he shared with his fiancée Melissa Turner. See the evidence that led to authorities piecing together his death.
Latest CBS News Videos
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Latest CBS News Videos
1/16: CBS Evening News
Frigid temps and travel chaos felt across U.S.; Brothers elected mayors of neighboring New Jersey towns
1/16: America Decides
Ramaswamy, Hutchinson dropouts slim 2024 GOP field; Should Haley's poll gains worry Biden and Trump?
How A.I. may change the way we live
Artificial intelligence has the power to reshape how we live, play and especially work, according to a new analysis from the International Monetary Fund. Senior business and tech correspondent Jo Ling Kent reports.
What is hypothetical "Disease X"?
World leaders are set to gather this week in Davos, Switzerland. One topic is "Disease X" - a hypothetical virus 20 times deadlier than COVID-19. Infectious disease specialist Dr. Amesh Adalja joins CBS News to discuss the threat.
What to expect in New Hampshire primaries
Only three candidates are left in the GOP presidential field, but they are not all equal. CBS News political correspondent Caitlin Huey-Burns and CBS News chief election and campaign correspondent Robert Costa have details.