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.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
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.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
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.
Most eligible taxpayers have already received their 2021 Recovery Rebate Credit payment, but there's still time to file a claim.
The employees who will be affected — in a single division of the IRS — are expected to be notified Thursday that they've been fired.
Some Democratic lawmakers are raising concerns about the security of taxpayer data as Musk's cost-cutting task force moves to the IRS.
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.
In addition to the loss of homes, property and irreplaceable keepsakes, fire victims are also faced with navigating a frustrating government bureaucracy in their recovery effort.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
The family of a man shot and killed in Sacramento County on Saturday gathered to remember him and to call for justice.
Two-time Gold Glove shortstop Dansby Swanson was held out of the Cubs' starting lineup for a second straight game.
The World Cup kicks off this week with opening matches starting on Thursday. In anticipation of that, the non-profit 'Street Soccer USA' is gearing up with friendly pick-up matches.
An offshore magnitude 7.8 earthquake rocked the southern Philippines, killing at least 12 and sparking a 3-foot tsunami along nearby coasts, officials said.
Nick Kurtz and Brent Rooker homered, Gage Jump worked 6 1/3 scoreless innings and the Athletics beat the Houston Astros 5-0 to avoid a series sweep.
The family of a man shot and killed in Sacramento County on Saturday gathered to remember him and to call for justice.
A Yuba City McDonald's employee is recovering in the hospital after police say a coworker threw hot oil on him.
California's primary to succeed Gov. Gavin Newsom took a big step forward Friday as CBS News projected Democrat Xavier Becerra had advanced to the general election.
Two-time Gold Glove shortstop Dansby Swanson was held out of the Cubs' starting lineup for a second straight game.
The World Cup kicks off this week with opening matches starting on Thursday. In anticipation of that, the non-profit 'Street Soccer USA' is gearing up with friendly pick-up matches.
A 31-year-old man was fatally shot Saturday morning in an Arden-Arcade business, the Sacramento County Sheriff's Office said.
A Citrus Heights man has been arrested in connection with a deadly stabbing that happened this week in Sacramento, officials said on Thursday.
A man has been charged with bringing an explosive device into Sacramento International Airport, federal prosecutors announced.
The district, redrawn under the voter-approved Proposition 50 in November, is expected to favor Democrats by including areas of Citrus Heights, much of North and East Sacramento, the city of West Sacramento, Rocklin and Roseville.
A new effort is underway to reduce Sacramento's drug overdose crisis. A local rapper and community members are coming together to film a music video highlighting the dangers of fentanyl.
Three U.S. citizens, including two California residents, have been arrested by the FBI in connection with an alleged plot to support ISIS.
A series of offshore earthquakes shook near California's North Coast early Wednesday morning.
A massive search effort is ongoing for a man missing since Memorial Day weekend in the Desolation Wilderness near Lake Tahoe.
Democratic Rep. Adam Gray and Republican Kevin Lincoln will advance in the June 2 primary for California's 13th Congressional District, CBS News projects.
The district, redrawn under the voter-approved Proposition 50 in November, is expected to favor Democrats by including areas of Citrus Heights, much of North and East Sacramento, the city of West Sacramento, Rocklin and Roseville.
Two-time Gold Glove shortstop Dansby Swanson was held out of the Cubs' starting lineup for a second straight game.
Nick Kurtz and Brent Rooker homered, Gage Jump worked 6 1/3 scoreless innings and the Athletics beat the Houston Astros 5-0 to avoid a series sweep.
Yordan Alvarez hit a grand slam for his 22nd home run, leading the Houston Astros to a 13-2 victory over the Athletics.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Michael Busch singled to right in the 10th inning, allowing automatic runner Dansby Swanson to advance from second and score on an error, and the Chicago Cubs edged the San Francisco Giants 3-2.
Los Angeles City Councilwoman Nithya Raman has surpassed political newcomer Spencer Pratt in the race for L.A. mayor after trailing by nearly 6% on election night.
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
Mail-in ballots and security measures contribute to counting delays in California's close contests, an election expert says, and last-minute voters in the governor's race may slow things down further.
There's been no word yet on if the Kennedy Center plans to remain open after July 5. It was to be closed for two years for extensive repairs beginning this summer.
The money will fund new and existing coal plants, as well as an export terminal in Oakland, California.
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."
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A West Park High School sophomore is celebrating the end of the school year and a second chance at life after suffering a sudden cardiac arrest during band class last month.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
Their message is simple: keep showing up, keep moving and keep your heart open, because sometimes, the person who changes your life is living right across the street.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
President Trump slammed California's ballot counting process during an interview on Sunday. A political data analyst weighs in on the process.
The family of a man shot and killed in Sacramento County on Saturday gathered to remember him and to call for justice.
Here's a look at the weather forecast Sunday evening.
The World Cup kicks off this week with opening matches starting on Thursday. In anticipation of that, the non-profit 'Street Soccer USA' is gearing up with friendly pick-up matches.
A Yuba City McDonald's employee is recovering in the hospital after police say a coworker threw hot oil on him.