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.
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The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
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.
President Trump secretly moved from Air Force One to another plane within a day of U.S. and Turkish intelligence picking up on an Iranian plot to fire a missile at the jet.
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
Surrogate McKenna West declined to get an abortion requested by the intended parents after the baby she was carrying was diagnosed with a severe but treatable heart defect.
Prosecutors have accused the SPLC of telling donors and banks the group was dismantling white supremacist and extremist groups, but instead funneling payments to confidential informants in the groups to fund "violent, racist and extremist activities."
Two soldiers aboard an AH-64 Apache attack helicopter based out of Fort Hood were killed in a crash on Wednesday, according to local authorities and the Army.
The only total solar eclipse of 2026 crossed the Northern Hemisphere today, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The devastation has tested Colombia's new president and his government as it scrambles to respond to the disaster and civil society as it pushes to provide aid to the most affected communities.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Two soldiers aboard an AH-64 Apache attack helicopter based out of Fort Hood were killed in a crash on Wednesday, according to local authorities and the Army.
Prosecutors have accused the Southern Poverty Law Center of telling donors and banks it was dismantling white supremacist and extremist groups, while funneling payments to confidential informants in the groups.
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
New Census data shows how much faster workers can complete tasks when they enlist artificial intelligence for help.
Social Security's cost-of-living adjustment for 2027 is projected to be lower than previously forecast, according to new estimates.
New York City lawmakers allege that four major prediction markets engage in deceptive marketing practices and target young adults.
A single ticketholder in Illinois won a Powerball jackpot of $1.04 billion Wednesday night, the game says.
President Trump secretly moved from Air Force One to another plane within a day of U.S. and Turkish intelligence picking up on an Iranian plot to fire a missile at the jet, CBS News has learned.
Prosecutors have accused the Southern Poverty Law Center of telling donors and banks it was dismantling white supremacist and extremist groups, while funneling payments to confidential informants in the groups.
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
The DOJ unveiled criminal charges alleging 11 people participated in a scheme that involved more than 1,000 "sham marriages" between Chinese nationals and U.S. citizens.
The upcoming Iowa State Fair is a pivotal window of opportunity for candidates on the campaign trail.
California parents wanted to end a surrogate pregnancy when doctors diagnosed the baby with a severe heart defect at 20 weeks. The surrogate refused and went to Texas, where the state has now stepped in. The baby was born on Wednesday. Jason Allen reports.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
The devastation has tested Colombia's new president and his government as it scrambles to respond to the disaster and civil society as it pushes to provide aid to the most affected communities.
One Indonesian teenager was killed when the vessel caught fire in rough seas.
"In exchange for the weapons, the defendants paid in the form of fentanyl and methamphetamine imported into the United States for distribution," the Justice Department said.
President Trump said Wednesday that the U.S. has "total control" over the Strait of Hormuz, writing on social media: "I THINK WE WILL KEEP IT."
Footage shared on social media shows a baby being rescued from the bloody arms of a man trapped underneath a destroyed building in Cali after a powerful earthquake struck Colombia.
Singer Becky G speaks with Gayle King about her tour with Karol G and the bond the two pop stars have formed. "We have a beautiful friendship," Becky G says, "one I'm really, really thankful for and one that I think throughout the years we've really earned with one another."
Actor Dominic Sessa and renowned chef Eric Ripert talk with "CBS Mornings" about the new movie "Tony," which is loosely based on Anthony Bourdain's stories of his first experience working in a kitchen restaurant before he found fame. Sessa describes how he got involved and Ripert, who one of Bourdain's best friends, talks about his relationship with the beloved chef.
"CBS Mornings" co-host Gayle King speaks exclusively with pop superstar Becky G about feeling the pressure of becoming her family's breadwinner at a young age.
Kourtnee Jackson, senior streaming and entertainment editor at CNET, joins "The Daily Report" to give her take on Spotify's decision to label AI-generated music and block it from being recommended to users.
"Elvis Week" kicked off at Graceland in Memphis, Tennessee, on Aug. 8 and runs until Aug. 16, marking Elvis Presley's death. Alicia Dean, the longtime marketing and promotions specialist for Elvis Presley Enterprises, joins with more.
Google is officially unveiling its latest line of Pixel phones and other new devices at its 2026 Made By Google event in New York. AI is at the center of its newest offerings. Matt Binder, a senior reporter at Mashable, joins CBS News to discuss.
Tech giant Meta is being accused of designing social media platforms that violate privacy and enable social media addiction in children. Jury selection in the trial begins today. CBS News legal contributor Jessica Levinson has more on the case.
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.
Top transportation officials were at Newark Airport on Tuesday for the installation of a new radar system designed to help controllers prevent runway incidents. CBS News senior transportation correspondent Kris Van Cleave spoke with Transportation Secretary Sean Duffy about the new technology.
Nvidia scored an astounding $500 billion in financing for artificial intelligence, backed by Wall Street's top power brokers and firms. Puck founding partner and industry journalist William D. Cohan weighs in on the AI boom and data center construction.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Columbia University astronomy professor Dr. Janna Levin joins CBS News to discuss Wednesday's total solar eclipse, saying it's a reminder that humans share this Earth together and "we're all part of something larger."
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The Perseid meteor shower will peak during 2026's only total solar eclipse. Director of astronomy at Adler Planetarium, Dr. Geza Gyuk, explains why the eclipse is so special.
The judge in Lindsay Clancy's trial for the killings of her three children had to call multiple breaks on Wednesday as she broke down in tears during testimony about the injuries her children suffered in their deaths. CBS News Boston's Penny Kmitt has more.
A form of credit card theft known as skimming is on the rise as thieves install their own card readers to steal your information and money. It's a particular threat to users of EBT cards. Carter Evans reports on how to spot them and protect yourself.
Lindsay Clancy had an emotional day in court on Wednesday in the trial for killing her three children. She's fighting murder charges, saying she was suffering from postpartum psychosis and overmedication. Shanelle Kaul reports.
Latiesha Dukes, one of Lindsay Clancy's mental health counselors before the deaths of her three children, testified Wednesday that she did not see signs of Clancy in crisis. CBS News' Shanelle Kaul has the latest.
At a hearing for Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson, a judge ruled the jury in Mangione's New York state murder trial will be anonymous. Tom Hanson explains.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere today, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
CBS News' Olivia Rinaldi has new details on the news that President Trump and other government officials took extraordinary air security measures amid threats from Iran.
The judge in Lindsay Clancy's trial for the killings of her three children had to call multiple breaks on Wednesday as she broke down in tears during testimony about the injuries her children suffered in their deaths. CBS News Boston's Penny Kmitt has more.
On August 12, 2026, a total solar eclipse awed onlookers throughout Europe, including in Spain and the United Kingdom. Video Producer: Martina Di Licosa
Western Iceland and northern Spain were on the path of totality for a peak eclipse experience on Wednesday. Chris Orion, an eclipse chaser, joins CBS News to discuss from Sasamón, Spain.
Last month consumers received more than 4.3 billion robocalls, according to the robocall protection app YouMail. CBS Newspath correspondent Evyn Moon has more.