These 9 states are cutting income taxes in 2026. See where.
Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
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Income tax cuts are taking effect in multiple U.S. states on Jan. 1, 2026, a new analysis says.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
Congressional budget writers are trying to put the final framework together on President Trump's massive $4.5 trillion tax cut plan. But finding the additional spending cuts is proving difficult. Andres Gutierrez reports that service workers are worried Trump's touted no tax on tips plan could be off the menu.
April 15 is the deadline to file your taxes, unless you live in one of the states the IRS is allowing people to request an extension due to natural disasters. CPA and Bankrate reporter Kemberley Washington shares some last-minute tax tips.
Most Americans don't know their own tax rate or what others pay to the IRS, yet most feel their taxes are too high.
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax return in your name, potentially running off with your refund.
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those potential deductions and other tax tips.
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has a look at some of what's different this year.
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
The Supreme Court upheld a Trump-era tax on foreign earnings Thursday. In a 7-2 ruling, justices said the policy, which imposes a one-time tax on Americans with shares of foreign companies, is constitutional. CBS News legal contributor Jessica Levinson unpacks the decision.
Millions of Americans could owe money to the IRS on June 17, with fines for missing payment on the rise.
Americans have until April 15 to file their taxes or file an extension. If you live in Maine or Massachusetts, you have until April 17. An expert offers some last-minute tips if you still have to file.
President Biden was pitching his tax plan in his hometown of Scranton, Pennsylvania, on Tuesday. The president argued everyone needs to pay their fair share. CBS News chief White House correspondent Nancy Cordes has the details.
The tax filing deadline for most Americans is April 15. Pratik Patel, head of family wealth strategies for BMO Family Office, joined CBS News with some helpful advice to avoid common filing mistakes.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Tax season is officially underway. The Internal Revenue Service says they're anticipating more than 146 million individual tax returns to be filed by the April 15 deadline. CBS News business analyst Jill Schlesinger shares some useful tax tips for filers.
The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.
High-income people in cities such as New York and San Francisco can save up to $200,000 a year by migrating to Miami, study finds.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
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.
Some households could get a typical refund of almost $1,000 by filing their tax returns for 2019, tax collector says.
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.
"We don't want to see what's happening in Iran happen," President Trump said in an exclusive interview airing Tuesday on "CBS Evening News."
Iranian shopkeeper Erfan Soltani is among thousands of people who could face death sentences despite Trump's warning to Iran's rulers.
The device was purchased by the Biden administration and cost millions, two sources said.
At least six career prosecutors in the Minneapolis U.S. Attorney's office have resigned as the office continues to face pressure to treat the investigation of the fatal shooting of a Minneapolis woman by an ICE officer as an assault on a federal officer case.
Here are the major takeaways from President Trump's interview with "CBS Evening News" anchor Tony Dokoupil on Iran, Renee Good, the Federal Reserve and more.
President Trump told CBS News he believes the woman killed by an ICE agent in Minneapolis, was likely a "very, solid wonderful person," but her actions before she was killed were "pretty tough."
The White House defended a video that appeared to show President Trump flipping off a person who yelled at him while touring a Ford factory in Michigan on Tuesday.
The venerable retailer is seeking protection from its creditors after $2.65 billion purchase of Nieman Marcus failed to spark growth.
The couple had so many kids in their Los Angeles-area mansion a neighbor "thought it was a kindergarten." The investigation has only gotten stranger.
Demand has risen for the EB-1A visa, creating a cottage industry of services for vanity awards, ghostwritten research papers and "profile building" services. USCIS is investigating potential fraud.
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
Judge David Novak had given Lindsey Halligan a week to explain why she is using the title of U.S. attorney after another federal judge found her appointment to the position invalid.
General Motors CEO Mary Barra said the Trump administration's tariffs caused a "few-billion-dollar impact," but also praised them for "leveling the playing field."
President Trump shared a warning for Iran, called Jerome Powell a "lousy Fed chairman" and defended the ICE agent who killed Renee Good in Minneapolis. Read the full transcript of their conversation.
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
General Motors CEO Mary Barra said the Trump administration's tariffs caused a "few-billion-dollar impact," but also praised them for "leveling the playing field."
President Trump brushed off a question about whether the Justice Department probe amounts to political retribution.
Focusing on these sectors could give your job search a boost, according to a new ranking of the best jobs for 2026.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
Demand has risen for the EB-1A visa, creating a cottage industry of services for vanity awards, ghostwritten research papers and "profile building" services. USCIS is investigating potential fraud.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Judge David Novak had given Lindsey Halligan a week to explain why she is using the title of U.S. attorney after another federal judge found her appointment to the position invalid.
Here are the major takeaways from President Trump's interview with "CBS Evening News" anchor Tony Dokoupil on Iran, Renee Good, the Federal Reserve and more.
The White House defended a video that appeared to show President Trump flipping off a person who yelled at him while touring a Ford factory in Michigan on Tuesday.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
The case has provoked anger and bewilderment from Russian politicians.
Iranian shopkeeper Erfan Soltani is among thousands of people who could face death sentences despite Trump's warning to Iran's rulers.
South Korean President Lee Jae Myung says he always wanted to play the drums, so Prime Minister Sanae Takaichi surprised him after a summit, and they hit it off.
A construction crane fell onto a moving passenger train, causing a fiery derailment that killed at least 30 people and injuring dozens more in northeastern Thailand.
The device was purchased by the Biden administration and cost millions, two sources said.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Celebrities brought glitz and glamor to the red carpet Sunday at the Golden Globes. "CBS Mornings" co-host Gayle King spoke with some of Hollywood's biggest stars and gives a behind-the-scenes look at the awards night.
The NAACP Image Awards celebrate the outstanding achievements and performances of people of color in arts and entertainment. Comedian and actor Deon Cole and NAACP President and CEO Derrick Johnson exclusively reveal some of the nominees on CBS Mornings for this year's awards.
Ashley St. Clair, the mother of one of Elon Musk's children, alleges Grok generated and published sexual deepfake images of her without permission.
Elon Musk's AI chatbot Grok is facing intense criticism, accused of allowing X users to generate sexually explicit images of real women and children. One of the alleged victims is Ashley St. Clair, the mother of one of Musk's children. She said she discovered people used Grok to generate and publish sexualized deepfake images without her permission and share them on X. Musk has not responded to a request for comment.
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.
British regulators are investigating X for lewd AI images generated by Grok, the AI arm of Elon Musk's social platform. Michael Goodyear, an associate professor at New York Law School, joins CBS News with more.
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
The case has provoked anger and bewilderment from Russian politicians.
Brendan Banfield is charged with murder in the 2023 killings of Christine Banfield and Joseph Ryan at the Banfields' home in northern Virginia.
Tuesday marked Day 5 in the trial of former Uvalde CISD police officer Adrian Gonzales over his response to the 2022 mass shooting at Robb Elementary. CBS News reporter Karen Hua has the latest.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
President Trump posted on social media about the expanding Minnesota ICE raids and promised a day of "RECKONING & RETRIBUTION" is coming. CBS News' Lana Zak reports.
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
Mike Fincke thanked NASA for making crew health the agency's top priority.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
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.
Tuesday marked Day 5 in the trial of former Uvalde CISD police officer Adrian Gonzales over his response to the 2022 mass shooting at Robb Elementary. CBS News reporter Karen Hua has the latest.
"CBS Evening News" anchor Tony Dokoupil shares his final thoughts after interviewing President Trump and General Motors CEO Mary Barra in Detroit.
In an interview with "CBS Evening News" anchor Tony Dokoupil, General Motors CEO Mary Barra discusses tariffs, electric vehicles and the outlook ahead for the automaker.
Mary Barra, the CEO of General Motors since 2014, speaks with CBS Evening News anchor Tony Dokoupil about the future of electric vehicles amid slowing U.S. sales, affordability, manufacturing shifts and more.
A new report found that the number of people surviving cancer is at a historic high. The new findings published by the American Cancer Society found that the five-year-survival rate for all cancers has reached 70% for the first time. That's up from just half in the mid 1970s. CBS News chief medical correspondent Dr. Jon LaPook breaks it down.