Bezos says bottom half of U.S. earners should pay no federal income tax
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
Income Tax
Tax season is officially underway. Here's when you'll get your refund in 2026.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
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.
Tax extension filings still due on Oct. 15 despite government shutdown
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
Workers still waiting on Trump's tip promise
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.
Common tax filing mistakes that can cost you
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.
Do you know what you pay in taxes? Here's what Americans pay 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.
Protecting yourself from tax identity theft
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.
Tax tips for remote workers
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.
New brackets, deductions, credits for taxes
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.
IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
How your paycheck would be impacted by the Trump and Harris tax plans
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
How Project 2025 would impact U.S. tax code
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.
Supreme Court upholds Trump-era tax law
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.
You may owe the IRS on Monday — skipping it could cost you hundreds
Millions of Americans could owe money to the IRS on June 17, with fines for missing payment on the rise.
Last-minute tax tips
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.
Biden calls for higher taxes on billionaires
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.
How to avoid tax filing mistakes
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.
Maximizing your tax refund
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 filing tips that will make filing easier
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.
Breaking down the Supreme Court tax code case
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.
Earn big bucks? Here's how much you might save by moving to Miami.
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.
More Americans facing tax refund "disappointment"
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Here's what a $100K salary is really worth across the U.S.
In some cities, the milestone income falls way short of a six-figure lifestyle, a SmartAsset analysis shows.
MoneyWatch: How to not fall behind on paying taxes
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.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
In an exclusive interview, the treasury secretary also addressed the struggles facing the U.S. economy and the new tax-deferred Trump Accounts.
Taylor Swift and Travis Kelce's wedding day arrives with MSG under tight security
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
"Vanishingly rare" copy of Declaration of Independence found in U.K.
A volunteer at the National Archives in London found the document among other papers seized from an American ship in 1776.
Live
Peace talks paused as Iran gears up for dayslong funeral for slain supreme leader
The flag-draped casket of Ayatollah Ali Khamenei was put on display in Tehran Friday with millions expected to attend his dayslong funeral.
Maps show this July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much the president paid in taxes on his crypto windfall.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
U.S.
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The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
What's open and closed on July 3 and July 4? See which stores are operating.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Taylor Swift and Travis Kelce's wedding day arrives with MSG under tight security
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
"Vanishingly rare" copy of Declaration of Independence found in U.K.
A volunteer at the National Archives in London found the document among other papers seized from an American ship in 1776.
MoneyWatch
More MoneyWatch
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
What's open and closed on July 3 and July 4? See which stores are operating.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Exclusive
Bessent on Trump's crypto earnings: "I don't think there's an appearance problem"
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Taxes on Trump's $1.4 billion crypto income could total hundreds of millions
The White House declined to say how much President Trump paid in taxes on his crypto windfall.
Politics
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U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
Trump says U.S. keeping current support levels for NATO would be "ridiculous"
President Trump says it would be "ridiculous" for the United States to continue its "one sided" relationship with NATO. His remarks came less than a week before a NATO summit in Turkey.
Former CDC official: RFK Jr.'s response to measles "not based on science"
Dr. Debra Houry, who resigned in protest from the health agency, said the spread of misinformation impacted lives.
McConnell still hospitalized after EMS responded to his home last month
A spokesperson said the Kentucky Republican "continues to improve."
Kennedy Center selling $25,000 ticket package to watch D.C. July 4th fireworks
The Washington, D.C., fireworks show, which is sponsored by the Trump-backed organization Freedom 250, is not slated to begin until 10:30 p.m. or 11 p.m.
HealthWatch
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Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
World
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Venice mayor proposes new dynamic pricing tourist fee
The mayor of Venice says the city is seeking government approval to introduce a form of dynamic pricing to deal with tourism costs.
Ukrainian woman named suspect in Monaco bombing
The suspect was initially identified as a heavily built person appearing to be male, but Interpol now says it is looking for a 39-year-old Ukrainian woman.
40 killed when speeding, overcrowded bus tumbles into Pakistan ravine, officials say
A speeding bus plunged from a highway into a rocky ravine in Pakistan, killing 40 people and injuring eight others in one of the deadliest road accidents in recent years, officials said.
"Vanishingly rare" copy of Declaration of Independence found in U.K.
A volunteer at the National Archives in London found the document among other papers seized from an American ship in 1776.
Trump says U.S. keeping current support levels for NATO would be "ridiculous"
President Trump says it would be "ridiculous" for the United States to continue its "one sided" relationship with NATO. His remarks came less than a week before a NATO summit in Turkey.
Entertainment
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Entertainment
What's expected for Swift-Kelce wedding
Bryan West, the Taylor Swift reporter for USA Today, talks about expectations for Taylor Swift and Travis Kelce's wedding and what it may look like inside Madison Square Garden. For the past week, clues have piled up and the iconic arena has been on lockdown for the couple's potential nuptials.
Latest on Taylor Swift, Travis Kelce wedding
Taylor Swift and Travis Kelce are having a wedding celebration on Friday at Madison Square Garden, law enforcement sources told CBS News. On Thursday, the couple hosted a rehearsal dinner with a star-studded guest list. Jo Ling Kent reports.
Taylor Swift and Travis Kelce's wedding day arrives with MSG under tight security
Taylor Swift and Travis Kelce are expected to welcome around 1,000 guests at Madison Square Garden to celebrate their wedding, sources say.
Swift-Kelce wedding festivities kick off
Wedding celebrations are getting underway at Madison Square Garden as pop superstar Taylor Swift and Super Bowl champion Travis Kelce prepare to celebrate their wedding. CBS News' Jo Ling Kent has more.
Sources: Swift-Kelce rehearsal dinner underway
Taylor Swift and Travis Kelce's rehearsal dinner is underway at Madison Square Garden, according to two law enforcement officials directly familiar with the security planning. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
How AI powered robots are helping small farms
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
More Science
The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
Crime
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Crime
Olympian charged over alleged D.C. vandalism
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Man charged over Reflecting Pool vandalism
Former U.S. Olympian David Hearn was indicted on Thursday on a felony charge for allegedly tearing up roughly two feet of the Lincoln Memorial Reflecting Pool last month, amid the algae blooms and political mudslinging around the president's $16 million renovation. Nicole Sganga reports.
Daredevil couple facing charges
The two daredevils who climbed the spire of the Empire State Building in New York on Wednesday are facing a litany of criminal charges. According to prosecutors, the man told police he just wanted to "do something special" for his engagement. But now, Angela Nikolau says police have taken her ring as evidence. Tom Hanson reports.
Friend on the Empire State Building climbers
The couple that scaled the Empire State Building made a court appearance on Thursday, facing charges of reckless endangerment, criminal mischief, burglary and base jumping. Anna Martinez, one of their close friends, joins CBS News to discuss.
FBI investigating legitimacy of Nancy Guthrie ransom notes
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Space
More Space
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
D.C. airport pauses flights for America 250
On Friday, Reagan Washington National Airport is pausing operations for about three hours due to rehearsals for July Fourth America 250 celebrations. On Saturday, DCA will halt operations starting at noon. The airlines and the FAA worked on the plan and any cancellations were made months ago.
Bessent talks Trump accounts, inflation
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about Trump accounts, which officially launch on Saturday, as well as when gas prices could lower to pre-Iran war levels and wage growth for Americans.
Meet The U.S. Army Brass Quintet
The U.S. Army Brass Quintet joins "CBS Mornings" to celebrate the nation's 250th birthday. Master Sgt. Kevin Gebo shares the band's favorite songs to play and discusses what they're looking forward to most this weekend.
Ken Burns on where U.S. stands as a country
Acclaimed documentary filmmaker Ken Burns reflects on the 250th birthday of America, political divisions in the country and how we can come together.