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The IRS audits little more than 1% of tax returns. So you're probably safe on that front. But you may be asked for supplemental information, and if you owe money that you weren't able to pay you can count on an IRS agent contacting you. Here's what to do.
Do you have a tax debt that you cannot afford to pay? Here's how to settle your tax debt with the IRS.
From estate planning to personal training, hiring a pro can improve your quality of life and save you money in the long run.
Student loans are only one part of most college graduates' debt. Credit cards are a huge problem, too. Here is the story of one person's student credit card odyssey, and four lessons from the experience.
Don't worry too much about the Social Security Administration's money-saving move to eliminate paper statements. You can find more information on the website -- try it! Here's how.
HBO is making a movie about the 2008 crisis, called Too Big to Fail. Good idea for movie, potentially disastrous way to run a banking system. Unfortunately, that's the law of the land.
Some folks end up owing a significant amount of tax and cannot pay in a lump sum. But you may still be able to request and qualify for a payment plan......here's how to do it...
With student loan balances racing toward $1 trillion we've got a few problems that need addressing, not least are the prospects for another debt bubble and how you are going to retire when your well educated but heavily indebted offspring boomerang home.
Planning for a healthy and prosperous retirement that might last 25 years or more can be a daunting task. It makes sense to seek guidance from trained professionals for some of your most important decisions. Welcome to Week Two of my 12 week series Planning Your Retirement.
The reality for many folks who owe additional tax is that they cannot afford to pay in one lump sum and don't have access to other sources to get the cash. The IRS offers these tax payment options for folks who really need to pay over time.
The fight over raising the debt ceiling will make last week's spending debate look like child's play.
A new survey says parents would rather talk to their kids about sex and drugs and rock 'n' roll than about money. That makes sense. We may know more about those things. Here's how to have The Talk anyway.
With another 70 million or so tax returns that have yet to be filed, I'm guessing that the majority of these folks owe additional tax with their returns. But what do you do if you owe tax but don't have the cash to pay it right now?
Two simple ideas can boost your accumulated savings in your IRAs by over $100,000. Read here for details.
Are you on target to achieve your retirement savings goals? Editor-At-Large Jill Schlesinger offers advice on calculating retirement and maxing out investments to secure a healthy nest egg for your future.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
A federal judge ordered White House staff and President Trump's top advisers to comply with a law that requires certain presidential records to be preserved.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Jan. 6, 2021, Capitol riot.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Harvard University faculty members voted to cap the number of A's awarded to students in an effort to make the grades more meaningful.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
Vanessa Trump, 48, was married to Donald Trump Jr. for 12 years. They share five children together.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
Former CIA Director John Brennan is the subject of two criminal probes being led by the Miami-area U.S. Attorney's Office.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
U.S. government bonds are sagging as investors fret that hotter inflation will keep interest rate cuts on hold.
Gas prices, airfares, accommodations and other vacation essentials are more expensive this year compared to last year.
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
The Department of Homeland Security is set to implement new entry restrictions beginning Thursday for foreign travelers coming to the U.S. from countries at the center of the latest Ebola outbreak.
In his application letter, attorney Mike Howell proposed organizing a national gathering of "thousands of victims of weaponization," including those involved in the Jan. 6, 2021, Capitol riot.
Cassidy, who lost his reelection bid last week, called for leaders who are "steady, not erratic" and "thoughtful, not impulsive."
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
A former federal prosecutor was charged this week with emailing herself a report on the Justice Department's investigation into President Trump that a judge had kept under lock and key, under the file name "Bundt_Cake_Recipe.pdf."
Vanessa Trump announced on Instagram that she has been diagnosed with breast cancer and is working with her doctors on a treatment plan.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
These kinds of intelligence forecasts attempt not only to show the immediate consequences of an American action, but the chain of reactions that may follow.
The Russian jets intercepted the U.K. aircraft with one jet flying as close as 19 feet to the British plane's nose, officials said.
Former Cuban leader Raúl Castro was indicted by a U.S. grand jury in connection with the Cuban military's fatal downing of two planes in 1996 — an escalation in the U.S. pressure campaign against the Cuban government.
Italy and France have summoned the Israeli ambassadors in their respective capitals after Itamar Ben-Gvir, his national security minister, posted the video.
A CBS News medical correspondent and doctor says her "biggest concern for the World Cup is actually measles. It's not hantavirus, it is not Ebola."
Comedian and media mogul Byron Allen brings "Comics Unleashed" to CBS's late night slot, replacing "The Late Show With Stephen Colbert."
Ahead of the premiere of "The Late Show" in August 1993, host David Letterman sat down with "CBS This Morning" to discuss his break from his previous late night show, what viewers could expect from his CBS debut and more.
Comedian and media mogul Byron Allen sits down with "CBS Mornings" to discuss his show "Comics Unleashed" and its transition into the CBS late night spot.
Actress Michelle Monaghan joins "CBS Mornings" to talk about her 24-hour wellness cycle and why it's important to get quality sleep and consistent energy. (Sponsored by Natrol)
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Cementing its status as the world's most valuable company, Nvidia reported record revenue in its latest earnings report. Britney Nguyen, Nvidia and chips reporter at MarketWatch, joins with analysis.
Artificial intelligence is prompting Google to change its iconic search bar for the first time in more than 25 years. Mashable tech editor Tim Werth joins CBS News to discuss.
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 Defense Department says it wants to be "AI-first," but some service members are concerned about how quickly the technology is developing. Chris Livesay reports.
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
A social media influencer and her father are accused of plotting to kill her famous singer ex, amid a bitter years-long custody dispute, court documents show. Jonathan Vigliotti is following the case.
Acting Attorney General Todd Blanche announced murder and conspiracy charges Wednesday against former Cuban leader Raúl Castro and five others over the downing of two planes in 1996.
Larry Bushart, who spent 37 days in jail over his Facebook post about the assassination of conservative activist Charlie Kirk, will get $835,000 to settle a lawsuit against Tennessee officials. CBS News' Shanelle Kaul reports.
Court records reveal more details about the Mango founder's son, Jonathan Andic, who was arrested Tuesday in connection to his father's 2024 death. Leigh Kiniry reports.
More details are emerging on the victims and two gunmen from the deadly shooting at the Islamic Center of San Diego. Lana Zak reports.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
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.
Breaking down Tuesday's primaries as another Republican who broke with Trump falters; U.S. indicts Raúl Castro.
"Patriotic Kenny," the social media star known for spreading positivity and raising money for veterans, has died at 84. Kenny Jary joined Steve Hartman on Nov. 11, 2022, to discuss his mission.
A series of relentless wildfires fueled by powerful winds and dry conditions impacted communities across Southern California for a third consecutive day on Wednesday. Matt Gutman reports from the fire zone near Simi Valley, north of Los Angeles, and Rob Marciano has the forecast.
In response to high gas prices, 30-year-old Mali Hightower, a handyman near Atlanta, said he created a "mini car" that costs about $3 to fill up. Tony Dokoupil has the story.
Vanessa Trump announced on Instagram that she has been diagnosed with breast cancer and is working with her doctors on a treatment plan.