Here's how much the new "no tax on tips" deduction could save you
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
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Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
The GOP tax and spending bill creates a tax deduction for workers in tipped occupations. Here's what to know.
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Treasury Department ends contracts with consulting firm Booz Allen Hamilton after a former contractor leaked tax returns, including info for President Trump.
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.
Taxpayers can start filing their 2025 tax returns on Jan. 26, 2026, the IRS says.
The impact of the Republicans' tax and spending law could result in the "largest refund season of the last decade," a Wall Street report says.
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
A retired IRS agent from Southern California has been sentenced to state prison after she was convicted of defrauding an elderly San Francisco Bay Area woman out of $1 million in life savings.
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.
Most Americans don't know their own tax rate or what others pay to the IRS, yet most feel their taxes are too high.
Residents and businesses in several counties, including Miami-Dade and Broward, will now have until May 1 to file their taxes, instead of the original April 15 deadline.
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.
Beatriz Toledo, 61, was sentenced Friday after pleading guilty to aiding and assisting in the preparation of false tax returns.
Most eligible taxpayers have already received their 2021 Recovery Rebate Credit payment, but there's still time to file a claim.
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 employees who will be affected — in a single division of the IRS — are expected to be notified Thursday that they've been fired.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
The new tax season is here. Read on to learn when you can file your 2024 tax return and get your refund.
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.
Americans paid an estimated $842 million in fees to cover advance loan refunds or refund anticipation checks last year.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
The protests come after a group departed from Miami International Airport carrying supplies to Cuba, where citizens face dire conditions. Now, some Cuban Americans are questioning why only certain organizations are allowed to deliver aid.
Federal employees are relying on community aid as the government shutdown continues, marking the second time since November that some workers have had to report to their jobs without pay.
Democrats are expected to eventually block the broader legislation.
A total of 25 skiers were on the mountainside where the avalanche occurred, but most had escaped.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
The protests come after a group departed from Miami International Airport carrying supplies to Cuba, where citizens face dire conditions. Now, some Cuban Americans are questioning why only certain organizations are allowed to deliver aid.
Federal employees are relying on community aid as the government shutdown continues, marking the second time since November that some workers have had to report to their jobs without pay.
Democrats are expected to eventually block the broader legislation.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Kendra Duggar was charged with multiple misdemeanors a day after husband Joseph Duggar's arrest.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
Democrats are expected to eventually block the broader legislation.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.