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.
Live
Iran cautions no "final conclusion" yet as Trump touts deal to end war
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
Markings that appear to show "86 47" seen on National Mall
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
U.S.-Iran memo of understanding likely to be signed next week, sources say
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
Supreme Court declines to let Alabama move forward with nitrogen gas execution
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Exclusive
Relative of suspect in Anna Kepner's killing calls for her parents to face charges
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
World Cup kicks off in Mexico with Shakira and a home team victory
The 2026 FIFA World Cup opening ceremony festivities got underway a little over an hour before the first kickoff in Mexico City's Estadio Azteca.
China arrests U.S. researcher on suspicion of spying
China says U.S. national U Min Zin, founder of a think tank focused on Myanmar, was detained on suspicion of "espionage and endangering China's national security."
Trump taps prosecutor Jay Clayton as next director of national intelligence
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
1 killed in Iowa as severe storms, suspected tornadoes slam Midwest
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
U.S.
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White House to appeal judge's order to remove Trump's name from Kennedy Center
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
1 killed in Iowa as severe storms, suspected tornadoes slam Midwest
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
SpaceX's first employee remains on mission: "Space is super important"
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Proposed data center near Nashville Zoo sparks heavy pushback
Residents packed a public hearing in Nashville, Tennessee, on Thursday, looking to stop a nearly 70,000-square-foot data center from being built near the Nashville Zoo.
She confided in ChatGPT the night of her suicide. Now, her mother is suing OpenAI.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
MoneyWatch
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SpaceX's first employee remains on mission: "Space is super important"
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
The World Cup will draw millions of fans, but economic payoff is modest
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
Wholesale prices see biggest spike since 2022 as energy costs climb
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
GoPro under intense pressure from rising costs and competition
GoPro cameras have enabled the adventurous to record images of their experiences for nearly 25 years. But the company is under extreme pressure from intensifying competition, rising costs and more.
In a tough economy, many U.S. teachers forced to work second jobs
According to a recent survey, 71% of U.S. public school teachers said they work at least one second job.
Politics
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White House to appeal judge's order to remove Trump's name from Kennedy Center
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
U.S.-Iran memo of understanding likely to be signed next week, sources say
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
Supreme Court declines to let Alabama move forward with nitrogen gas execution
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Markings that appear to show "86 47" seen on National Mall
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Trump taps prosecutor Jay Clayton as next director of national intelligence
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
HealthWatch
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HealthWatch
FDA approves new sunscreen ingredient
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
New sunscreen option wins FDA approval after years of delay
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
Safety concerns over weight loss drug
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
How an experimental weight-loss drug is being openly promoted by physicians
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
The promises and pitfalls of GLP-1 drugs
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
World
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Mexican reporter killed, another journalist kidnapped from her home
Luis Angel Lopez Valdez was killed in Veracruz just days after armed assailants abducted journalist Roxana Guzman from her home.
China arrests U.S. researcher on suspicion of spying
China says U.S. national U Min Zin, founder of a think tank focused on Myanmar, was detained on suspicion of "espionage and endangering China's national security."
Live
Iran cautions no "final conclusion" yet as Trump touts deal to end war
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
Thai princess dies at age 47 after 3 years in hospital
Thailand's Princess Bajrakitiyabha Mahidol, a lawyer and the eldest of the king's seven children, has died at 47 after three years in a hospital, royal officials said. She was an advocate for women's rights.
U.S.-Iran memo of understanding likely to be signed next week, sources say
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
Entertainment
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Taylor Swift is youngest woman inducted into Songwriters Hall of Fame, at 36
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame Thursday night, at the age of 36.
KISS on Songwriters Hall of Fame induction
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
2026 FIFA World Cup kicks off with 3 opening ceremonies
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
G Flip on song becoming a hit in "Off Campus"
Musician G Flip first rose to fame in Australia but has become a global star since their song "Bed of Fire" appeared in the series "Off Campus." They speak to "CBS Mornings" about how the song's popularity has impacted their music, family support and advice for young artists.
Amazon's best books of the year so far
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Technology
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She confided in ChatGPT the night of her suicide. Now, her mother is suing OpenAI.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Poll: Most believe extraterrestrial life exists – and some think it's already here
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
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.
Diving into smart glasses' pros and cons
Major tech players are racing to put AI on your face, literally, with smart glasses. Ziad Asghar, senior vice president and general manager of XR, Wearables and Personal AI for Qualcomm, joins CBS News to discuss.
America's birth rate has plunged. Are smartphones to blame?
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Science
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World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
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 shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
El Niño could bring more widespread coral bleaching, NOAA warns
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
Scientists find yeast in frozen mummy's guts, use it to make bread
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Crime
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Mexican reporter killed, another journalist kidnapped from her home
Luis Angel Lopez Valdez was killed in Veracruz just days after armed assailants abducted journalist Roxana Guzman from her home.
Exclusive
Relative of suspect in Anna Kepner's killing calls for her parents to face charges
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
Relative of teen charged in Anna Kepner killing speaks out
The step-grandmother of Timothy Hudson, the 16-year-old stepbrother of Anna Kepner, who has been charged in her death and sexual assault, says Kepner's father and stepmother should be charged with parental neglect.
Supreme Court declines to let Alabama move forward with nitrogen gas execution
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Karmelo Anthony's family says "nobody wins" after murder verdict
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
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.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
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.
Latest Galleries
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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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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
How Americans are coping with rising costs
As the war in Iran continues and prices keep rising, CBS News is following stories about everyday Americans finding new ways to cope with the increasing costs.
Employers seeking critical thinking skills
As artificial intelligence cements its role across more U.S. job sectors, career training experts say the technology is actually reviving the need for liberal arts skills and diminishing the need for more traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo has more.
Midwest battered by dangerous storms
Severe weather broke out in the Midwest on Thursday, day three of a multi-day threat. More than 120 million people are in the path of potentially dangerous storms. In Des Moines, a man was killed after a tree broke apart and fell on him as storms passed through. Rob Marciano reports and has the forecast.
What comes next if Iran agreement finalized?
President Trump announced Thursday that the U.S.had reached a "settlement" with Iran that would begin talks to possibly end the war. Andrew Borene, a senior fellow at the National Security Institute and a former senior intelligence official, joins "The Daily Report" to discuss.
6/11: The Takeout with Major Garrett
U.S. and Iran expected to have 60 days to reach deal upon letter of intent signing; Thune under pressure from Trump to fire Senate parliamentarian.