Income Tax
Americans are appalled by the size of their taxes, but not Andy Rooney. He's appalled by the size of the tax form.
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Americans are appalled by the size of their taxes, but not Andy Rooney. He's appalled by the size of the tax form.
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, money and personal finance reporter for USA Today, joined CBS News with tips.
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.
The tax deadline is just one week away. Richard Rubin, U.S. tax policy reporter from The Wall Street Journal, joins CBS News to discuss last-minute tips, how the IRS notifies filers of any issues and the status of the IRS' backlog.
By one estimate, roughly 70% of Americans worry about tax refunds this year, mainly because of expiring pandemic relief programs.
As the deadline to file taxes approaches, the IRS continues to deal with a massive backlog and staffing shortages. Debra Alfarone reports.
The IRS is still working through a massive backlog of last year's tax returns, which could delay refunds for some this year. Paper returns have put a strain on processors. Scott MacFarlane takes a look.
Monday is the deadline for most Americans to file their 2021 tax returns. CBS News' Tanya Rivero and Michelle Miller sit down with Dorothy A. Brown, an author and law professor at the Emory University School of Law, to break down some tips taxpayers should know before tax season comes to an end.
The IRS started processing tax returns this week. Here's when to look for your refund.
The new Form 1040 is one page with just 23 lines, but for many taxpayers, the challenge will be Schedules 1 through 6
Tax filing officially kicks off on Monday. Here's what taxpayers need to know about 2019's tax season
The government has succeeded in shrinking Americans' most common tax form down to one page -- but it hasn't necessarily made the IRS Form 1040 less complicated.
A draft of the new Form 1040 eliminates 78 lines by moving popular deductions off the form -- and onto worksheets
If you’re your own boss, you need to know about these breaks -- or you might wind up paying more tax than required
These dollar-for-dollar reductions in your tax bill could save you plenty, so don’t ignore them
These simple strategies can help taxpayers hold on to as much of their income as possible
In many situations, there’s no requirement to do so, but the conditions that free you from filing aren't exactly simple
If you want to lower your chances of being selected for one, you need to know what can trigger it
The odds of having your tax return scrutinized may be low now, but not zero -- and will likely go back up again
They're called "adjustments to income" because they lower your gross income, and you don't have to itemize to claim them
Some of his proposed changes could result in smaller deductions for donations, especially for high-income taxpayers
This second collection of tips for lowering your 2016 tax bill applies to homeowners, the self-employed and investors
The president-elect's campaign proposals have a long way to go before they're the new rules, but here's how it looks now
As many as three tankers came under attack in the Strait of Hormuz as the U.S. and Iran continued exchanging threats, with peace talks on hold.
Amid simmering tensions between the U.S. and some NATO allies over Iran and Greenland, President Trump is tightening bonds with Turkey.
Democrats have a brief window of time to replace Maine Senate candidate Graham Platner on the ballot if he drops out of the race amid a sexual assault allegation.
An investigator testified that a video shows Tyler Robinson going over a railing onto a rooftop, crouching down and running to a site overlooking where Charlie Kirk was speaking.
The top Republicans in the Senate spoke with the Kentucky Republican by phone this week, according to their spokespeople.
The unstable building is the former Pfizer headquarters in Midtown Manhattan that is being converted into apartments.
Sen. John Fetterman condemned his colleagues who continued backing Graham Platner amid a string of scandals.
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Ohio police say they've solved a man's 1985 murder using old evidence, including items found soon after the killing behind a Cracker Barrel in Georgia.
Sen. John Fetterman condemned his colleagues who continued backing Graham Platner amid a string of scandals.
Acting Secretary of the Navy Hung Cao said he has directed that Cmdr. Gabriel Edwards be posthumously promoted to his selected rank of captain.
The Islamic Revolutionary Guard Corps has over the past two days attacked three commercial vessels that were traveling through the Strait of Hormuz.
A slew of Ford recalls affects some new and used Mustang, Lincoln Nautilus Hybrid and Explorer Hybrid vehicles, according to a federal safety watchdog.
A federal judge has ruled that the U.S. Department of Justice cannot have access to personal information for every person who worked during the 2020 election in Georgia's Fulton County.
A slew of Ford recalls affects some new and used Mustang, Lincoln Nautilus Hybrid and Explorer Hybrid vehicles, according to a federal safety watchdog.
The cost of a first-class Forever stamp has climbed 41% since 2021, and postal officials have signaled they want prices to rise even more.
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
President Trump praised Walmart and said the lower prices are the result of "my Administration's request to celebrate our great Country's 250th birthday."
Toyota is shifting most production of its midsize Tacoma pickup truck from Mexico to the U.S. as part of a $3.6 billion investment in its Texas plant.
The Trump administration has revoked a waiver that allowed Iranian oil sales, a key source of revenue for the regime, after Iran attacked three tankers in the Strait of Hormuz.
Sen. John Fetterman condemned his colleagues who continued backing Graham Platner amid a string of scandals.
The Islamic Revolutionary Guard Corps has over the past two days attacked three commercial vessels that were traveling through the Strait of Hormuz.
A federal judge has ruled that the U.S. Department of Justice cannot have access to personal information for every person who worked during the 2020 election in Georgia's Fulton County.
Democrats have a brief window of time to replace Maine Senate candidate Graham Platner on the ballot if he drops out of the race amid a sexual assault allegation.
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
A Florida man thought he had carefully planned for a seamless switch between health plans. It was anything but.
A "purple" air quality alert was issued for Washington, D.C., and surrounding areas, on Sunday, meaning pollution reached levels considered "very unhealthy."
Eric Dillon thought the pain in his shoulder was a minor injury. It took two years to get the real answer.
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
The Trump administration has revoked a waiver that allowed Iranian oil sales, a key source of revenue for the regime, after Iran attacked three tankers in the Strait of Hormuz.
Acting Secretary of the Navy Hung Cao said he has directed that Cmdr. Gabriel Edwards be posthumously promoted to his selected rank of captain.
The Islamic Revolutionary Guard Corps has over the past two days attacked three commercial vessels that were traveling through the Strait of Hormuz.
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Rahm Emanuel is viewed as a potential Democratic presidential candidate and has been a longtime defender of Israel.
Prince Harry has lost his case against the publisher of the Daily Mail and Mail on Sunday tabloids, with the top U.K. court dismissing claims of illegal information gathering.
Common speaks to "CBS Mornings" about starring in the series "Silo," which is back for a third season. The Oscar, Emmy and Grammy Award winner reveals what drew him to his character. He also discusses recent performances, including at the BET Awards and the opening of the Obama Presidential Center.
Oprah Winfrey selected "Little Wonder" by acclaimed author Sophie Chen Keller as her latest book club pick. Keller reads an excerpt from her novel about an extraordinary journey of hope and love.
The highly anticipated wedding between pop superstar Taylor Swift and Kansas City Chiefs Pro Bowler Travis Kelce took place at Madison Square Garden on Friday. Page Six senior reporter Carlos Greer joins with the emerging details.
AI-generated actor Tilly Norwood is set to star in her first feature film, with her creator saying that "art will be imitating life."
FireSat satellites, equipped with specialized cameras and imaging software, are helping detect wildfires from space. Muon Space CEO Jonny Dyer explains how the satellites could help firefighting efforts.
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
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 Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
Mexico said it is investigating whether its sovereignty was violated by the United States in the 2024 capture of drug lord Ismael "El Mayo" Zambada.
Charlie Kirk's alleged killer, Tyler Robinson, is back in a Utah court for a preliminary hearing. CBS News' Katrina Kaufman has more details.
Kerr Kriisa posed as other people and falsely claimed he and his family urgently needed money to deal with an emergency, the indictment says.
Democratic leadership is pushing Maine's Graham Platner to remove himself from the Senate race after a former partner accused Platner of sexual assault. CBS News' Caitlin Huey-Burns has the latest details.
Prosecutors in Utah began presenting their case on Monday against Tyler Robinson, who is accused of killing Charlie Kirk, during a five-day preliminary hearing. Prosecutors are aiming to prove they have enough evidence to move forward with a murder trial against Robinson, who has not yet entered a plea. Carter Evans reports.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
U.S. Central Command says U.S. forces conducted a series of new strikes in Iran on Tuesday in response to the Islamic Revolutionary Guard Corps attacking multiple ships transiting the Strait of Hormuz. CBS News senior White House and political correspondent Ed O'Keefe reports.
Belgium handily beat the U.S. Men's Soccer Team 4-1 on Monday night, ending their run at the 2026 World Cup. CBS Sports Golazo host and MLS commentator Chris Wittyngham joins with analysis.
Questions are growing about the health of Kentucky Republican Sen. Mitch McConnell, who has not been seen since he was hospitalized in mid-June. CBS News congressional reporter Taurean Small has the latest.
President Trump spent his first day at the NATO summit in Turkey by touting his relationship with the host country's president, Tayyip Erdoğan. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, former U.S. Ambassador to Turkey David Satterfield joins with analysis.
Democrats are pulling their endorsements of Maine Senate candidate Graham Platner after a woman he dated accused him of sexual assault. Platner denies the claim. Democratic Sen. John Fetterman of Pennsylvania joins "The Takeout" with his reaction.