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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.
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.
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.
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.
By one estimate, roughly 70% of Americans worry about tax refunds this year, mainly because of expiring pandemic relief programs.
Differences in local tax rates across the U.S. can add up for those who live in certain states.
Israel's military says Iran launched more than 100 drones in what appeared to be the start of Iranian retaliation for Israeli strikes on its nuclear facilities.
A federal appeals court temporarily halted a judge's ruling that had blocked the Trump administration from deploying members of the California National Guard in L.A.
Air India flight AI171, a Boeing 787-8 carrying 242 people, crashed after taking off from Ahmedabad on its way to London.
California Sen. Alex Padilla was removed during Homeland Security Secretary Kristi Noem's speech.
Indian officials say one person survived the devastating Air India crash in Ahmedabad. Indian media say he's U.K. citizen Vishwash Kumar Ramesh.
Three Democratic governors defended their responses to the migrant crisis and dispute claims of failing to cooperate with federal authorities, according to remarks prepared for a congressional panel.
Harvard researcher Kseniia Petrova, a Russian citizen, had been detained since February after Customs and Border Protection inspected her bags at at Boston's Logan Airport.
The House is expected to vote Thursday on White House's rescission package to claw back funding for NPR, PBS, foreign aid.
Heavy overnight rains led to water rescue calls in northeastern San Antonio, near the city's Perrin Beitel neighborhood.
Average age also increased for first-time moms, according to data from the Centers for Disease Control and Prevention. Experts say there are a few reasons why.
A teacher, a police officer and a senior job seeker share the stress and frustration of trying to stay afloat amid surging costs.
Heavy overnight rains led to water rescue calls in northeastern San Antonio, near the city's Perrin Beitel neighborhood.
Harvard researcher Kseniia Petrova, a Russian citizen, had been detained since February after Customs and Border Protection inspected her bags at at Boston's Logan Airport.
While both the American and Canadian sides of the Chilkoot Trail are open, hikers aren't allowed to cross the U.S.-Canada border.
The secondhand market is expected to more than double by 2028, according to a resale report from Thredup, an online thrift store.
The toymaker and ChatGPT developer are teaming up to develop toys and games that incorporate artificial intelligence.
Walmart heiress ad placed in New York Times urges people to participate in nationwide "No Kings" anti-Trump protest.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
Google, OpenAI, Spotify, Amazon Web Services ad Thursday after a widespread tech outage.
Israel says preemptive airstrikes against Iran's nuclear sites are underway, and it is bracing to intercept a wave of drones launched by Iran in retaliation.
While both the American and Canadian sides of the Chilkoot Trail are open, hikers aren't allowed to cross the U.S.-Canada border.
A federal appeals court temporarily halted a judge's ruling that had blocked the Trump administration from deploying members of the California National Guard in L.A.
Defense Secretary Pete Hegseth on Thursday appeared to acknowledge the Pentagon has developed plans to take over Greenland by force.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
Average age also increased for first-time moms, according to data from the Centers for Disease Control and Prevention. Experts say there are a few reasons why.
News of their removal comes after the firing of the CDC's outside vaccine advisers.
HHS Secretary Robert F. Kennedy Jr. fired the previous roster of the CDC's vaccine advisers on Monday.
Some Zicam and Orajel products are being recalled after fungi was found in the cotton swab components, federal health officials said.
The proposed budget for the Department of Health and Human Services slashes CDC and NIH funding in favor of the new Administration for a Healthy America.
Israel's military says Iran launched more than 100 drones in what appeared to be the start of Iranian retaliation for Israeli strikes on its nuclear facilities.
A government-appointed committee that includes international experts is still investigating what caused the roof to collapse.
While both the American and Canadian sides of the Chilkoot Trail are open, hikers aren't allowed to cross the U.S.-Canada border.
A drone discovered by chance what archaeologists say are the remains of a 16th-century ship more than 1.5 miles underwater off southern France.
A large Air India passenger jet crashed Thursday in the western Indian city of Ahmedabad, shortly after taking off for London. Here's what to know.
Ashley Gorley is responsible for 83 country chart topping singles, including hits like Post Malone's "I Had Some Help" and "Last Night" by Morgan Wallen. He speaks to "CBS Mornings Plus" about being part of the 2025 Songwriters Hall of Fame class.
Bonnie McKee has written hit music for artists like Britney Spears and Rita Ora. She's out with her latest album, "Forever 21." She opens up about her music career, touring and more.
Harvey Weinstein's retrial in New York took another dramatic turn when the judge declared a mistrial on the last undecided charge.
Actor Carrie Coon stars as Bertha Russell in "The Gilded Age," a hit series that is set in the late 19th century. Her character tries to break into high society by throwing around the wealth of her railroad tycoon husband. She joins "CBS Mornings" to talk about the series, which returns to HBO on June 22.
Nile Rodgers, chairman of the Songwriters Hall of Fame, speaks to "CBS Mornings" about the 2025 inductees. The class includes "Doobie Brothers" members Tom Johnston, Michael McDonald and Patrick Simmons, plus Mike Love of the Beach Boys.
Google, OpenAI, Spotify, Amazon Web Services ad Thursday after a widespread tech outage.
Meta ramps up efforts to block ads for AI technology used to create fake nude images of real people.
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.
After 10 inmates escaped a New Orleans jail, authorities used facial recognition software to help locate and arrest an escapee. But as facial recognition has become a more common tool, groups like the ACLU have raised concerns about its use. Anna Schecter, who covers crime and safety for CBS News, breaks it all down.
Facial recognition technology was used by authorities to locate one of the 12 escaped New Orleans inmates. Some groups are concerned that the crime-solving tactic breaches privacy. CBS News' Anna Schecter explains what to know.
As summer kicks into high gear, the U.S. Forest Service is warning about an invasive Asian needle ant species found in dozens of states. Eric Day, entomologist at Virginia Tech, joins "The Daily Report" with more.
Apex predators, like the Tyrannosaurus rex, eventually arose from smaller-bodied tyrannosauroid dinosaurs called Khankhuuluu mongoliensis, the study's researchers said.
A "sneaky" invasive species that has a potentially deadly sting can be found in more than a dozen states, according to experts.
It marks the first time Arsia Mons has been imaged on the planet's horizon, NASA said.
A private lunar lander from Tokyo-based company ispace was aiming for a touchdown in the unexplored far north with a mini rover.
President Trump signed an executive order on the first day of his second term stating, "capital punishment is an essential tool for deterring and punishing those who would commit the most heinous crimes." Justin Mazzola, researcher for Amnesty International, joins "The Takeout" to discuss the future of capital punishment in the U.S.
Sean "Diddy" Combs' ex-girlfriend concluded her testimony in the music mogul's sex trafficking trial on Thursday after several days on the stand. CBS News legal reporter Katrina Kaufman has the latest.
The judge in Harvey Weinstein's sex crimes retrial declared a mistrial on the case's remaining rape charge after the jury foresperson said he was threatened by another juror and declined to continue deliberations. CBS News correspondent Nikki Battiste has the latest.
Harvey Weinstein's retrial in New York took another dramatic turn when the judge declared a mistrial on the last undecided charge.
The judge in Sean "Diddy" Combs' trial is considering removing a juror for what the prosecution describes as a "lack of candor." CBS News' Katrina Kaufman has the latest.
NASA wants to evaluate recent efforts to stop a small but persistent air leak in the Russian segment of the space station.
NASA delayed the Axiom Mission 4 launch on Wednesday after SpaceX detected a liquid oxygen leak during a Falcon 9 rocket inspection. CBS News space consultant Bill Harwood has more.
Even as Elon Musk's SpaceX launched a radio satellite into orbit on Saturday, the Pentagon and NASA are pushing his competitors to speed up the development of their own spacecraft, according to the Washington Post. CBS News New York journalist Ali Bauman has more.
It marks the first time Arsia Mons has been imaged on the planet's horizon, NASA said.
The emerging feud between President Trump and Elon Musk could have a ripple effect on America's space program. Jeff Foust, senior staff writer for Space News, joins "The Daily Report" to discuss the implications.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
In August 2015, former FBI agent Tom Martens and his daughter Molly Corbett admitted killing her Irish-born husband Jason Corbett, insisting they beat him in self-defense
The Israeli military launched airstrikes against Iran on Thursday. CBS News national security contributor Sam Vinograd has more on how this could impact the U.S., Americans and national security.
New security camera footage verified by the Associated Press shows explosions in Iran amid an Israeli attack. CBS News Middle East reporter Courtney Kealy has the latest.
Israel has launched airstrikes on Iran's capital Tehran. Israeli Prime Minister Benjamin Netanyahu gave a statement about the strikes, saying, "If not stopped, Iran could produce a nuclear weapon in a very short time." CBS News chief foreign affairs correspondent Margaret Brennan reports.
The U.S. is not involved in Israel's airstrikes on Iran, Secretary of State Marco Rubio said in a statement Thursday night. CBS News senior White House correspondent Weijia Jiang reports.
America is facing a cost of living crisis. "CBS Evening News" spoke to three Americans about what it's like trying to stay afloat as everyday costs surge.