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
Senior U.S. officials say President Trump and Iran's top negotiator have already remotely signed a memo of understanding ahead of an expected signing ceremony.
The aircraft was on a routine test mission at Edwards airfield, located in the western Mojave Desert, about 100 miles northeast of Los Angeles.
President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an unprecedented sum for a sitting president.
California Gov. Gavin Newsom, a Democrat, said the Justice Department is investigating he and his wife, Jennifer.
The teen was initially released pending trial after being charged as a juvenile, but after he was charged as an adult, a judge ruled he was no longer subject to rules regarding juvenile detention.
An election official ruled a candidate with the same name as Sen. Dan Sullivan was involved in a "determined effort and a deliberate attempt" to confuse Alaska voters.
Vice President JD Vance denied that Iran will receive "billions of dollars of assets" as part of a the U.S.-Iran deal that was announced Sunday and is set to be signed later this week.
The Federal Aviation Administration said British Airways Flight 271 landed safely at Harry Reid International Airport in Las Vegas after the crew reported a cellphone fire on board.
View the companies and sectors the president's investment accounts bought and sold.
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
The teen was initially released pending trial after being charged as a juvenile, but after he was charged as an adult, a judge ruled he was no longer subject to rules regarding juvenile detention.
The Federal Aviation Administration said British Airways Flight 271 landed safely at Harry Reid International Airport in Las Vegas after the crew reported a cellphone fire on board.
An election official ruled a candidate with the same name as Sen. Dan Sullivan was involved in a "determined effort and a deliberate attempt" to confuse Alaska voters.
The aircraft was on a routine test mission at Edwards airfield, located in the western Mojave Desert, about 100 miles northeast of Los Angeles.
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.
Fox said it will buy Roku for $160 per share in a cash-and-stock deal that it expects to complete in the first half of 2027.
President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an unprecedented sum for a sitting president.
An election official ruled a candidate with the same name as Sen. Dan Sullivan was involved in a "determined effort and a deliberate attempt" to confuse Alaska voters.
California Gov. Gavin Newsom, a Democrat, said the Justice Department is investigating he and his wife, Jennifer.
President Trump is in France for the annual G7 summit, as the world awaits a signing of a deal with Iran.
Vice President JD Vance denied that Iran will receive "billions of dollars of assets" as part of the U.S.-Iran deal that was announced Sunday and is set to be signed later this week.
The Trump administration and Carter Page reached a $1.25 million settlement only of his claims against the federal government in April.
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
In the U.S. the percentage of obese adults is about ten times what it is in Japan. What differentiates the Japanese diet, and how are schools making it their mission to give Japanese children a taste of a healthy life?
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
Last year, Russia's FSB security service said it thwarted a Ukrainian-ordered plot to kill the priest.
A free climber dubbed the "Spider-Man of Yemen" died after falling almost 400 feet into a volcanic crater.
Three children were found by authorities when they entered the suspect's apartment and were taken to a medical center to be evaluated, officials said.
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Billy Porter speaks with "CBS Mornings" about starring in the off-Broadway revival of the musical "La Cage Aux Folles," working with Wayne Brady and recent health issues.
America's Block Party will celebrate the nation's 250th birthday this Fourth of July with a benefit concert in Los Angeles and events in local communities around the country.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
Artist Lyndon J. Barrois Sr. painstakingly sculpts art depicting soccer players. His medium of choice? The humble chewing gum wrapper. Correspondent Luke Burbank talks with Barrois about his Los Angeles exhibit, "Fútbol Is Life: Animated Sportraits," which captures iconic moments from nearly 100 years of the World Cup in tiny pieces of paper and foil.
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
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.
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
SpaceX's arrival in the region has been good for business, some Brownsville, Texas, residents say, while others rue its impact on the local community.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The teen was initially released pending trial after being charged as a juvenile, but after he was charged as an adult, a judge ruled he was no longer subject to rules regarding juvenile detention.
Three children were found by authorities when they entered the suspect's apartment and were taken to a medical center to be evaluated, officials said.
Police released an image of the venomous scorpions, which appear to be individually wrapped in plastic.
In videos of the accident circulating online, two men launch the woman off Skeleton Bridge, while onlookers realize there is no safety mechanism attached.
The last words spoken by Angela Prichard, 55, an Iowa wife and mother who called 911 to report she was in danger, was the first clue investigators had to identify her killer.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Details still slim on U.S.-Iran deal; California Gov. Gavin Newsom says the Justice Department is investigating him and his wife.
An initial agreement between the U.S. and Iran to extend their shaky ceasefire is nearing formal signing. Mona Yacoubian, director of the Middle East program at the Center for Strategic and International Studies, joins with analysis.
Thunderstorms in parts of central Texas caused severe flooding over the weekend, and more rain is on the way. CBS News correspondent Jason Allen has the latest.
After months of abstaining from the Georgia Republican Senate primary race, President Trump has endorsed Mike Collins ahead of Tuesday's runoff. CBS News correspondent Skyler Henry reports from Atlanta.
New data from the Office of Government Ethics shows that President Trump is ramping up his stock portfolio, with a CBS News analysis finding the president's investment accounts made 3,600 trades between January and March. CBS News senior investigative reporter Michael Kaplan has more.