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
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
President Trump said he must have a role in choosing Iran's next leader and called the son of the late Ayatollah Ali Khamenei "unacceptable."
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
The House passed a measure to fund the Department of Homeland Security on Thursday, but Senate Democrats blocked similar legislation.
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
A pair of tech investors have filed a civil lawsuit accusing the Trump administration of failing to enforce a law that required TikTok to either separate from its China-based owner or face a U.S. ban.
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.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Ecuador and the U.S. began joint military operations on Tuesday, the U.S. Southern Command said on social media.
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
(Warning: Spoiler alert ahead!) Savannah Louie, who won season 49 of "Survivor," talks about her early elimination from the show's 50th season, challenges she faced as a former winner and the lesson she took away from the game.
Throughout her career, Annie Leibovitz has photographed influential women, including Supreme Court Justice Ketanji Brown Jackson, Queen Elizabeth and former House Speaker Nancy Pelosi. She spoke to Anthony Mason about the moments behind the photos and what she plans for her future.
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
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.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
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.
President Trump spoke Thursday from the White House about the war in Iran, calling on members of Iranian Revolutionary Guard to lay down their arms or face "guaranteed death." See his remarks.
As missiles are flying in the Middle East, one million Americans are currently in the region, and many want out. CBS News correspondent Shanelle Kaul spoke with a woman who said she feels the government's messaging is creating "significantly more stress for people."
The war with Iran has pushed the cost of oil to $80 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to unpack the possible repercussions.
President Trump announced Kristi Noem's ouster as DHS secretary minutes before Noem gave an address to the Sergeant Benevolent Association Major Cities Conference in Nashville. CBS News correspondent Nicole Valdes was at the address and has more.
President Trump announced Thursday that he is removing Homeland Security Secretary Kristi Noem and will nominate Republican Sen. Markwayne Mullin of Oklahoma to replace her. CBS News has learned that the final straw appeared to be Noem's response to a question during Tuesday's Senate hearing from Republican Sen. John Kennedy about her decision to spend $220 million on an ad campaign aimed at reducing illegal immigration. CBS News' Nancy Cordes and Caitlin Huey-Burns report.