How to use your tax refund to fight inflation
Over half of tax filers expect to receive refunds. Here's how to use that money to offset rising costs of everyday items.
Income Tax
Democratic senators call for crackdown on wealthy tax-dodgers
The richest Americans often use trusts and other legal tax dodges to pass their wealth to their heirs tax-free, lawmakers say.
Decoding TurboTax: Which TurboTax version is best for you in 2023?
Everything you need to know about TurboTax before the 2023 tax deadline.
How small business owners can save on taxes
Some small business owners could be in for a shock this tax season. Rebecca Walser, a tax attorney and president of Walser Wealth Management, joins CBS News's Elaine Quijano and Jericka Duncan with more.
Here's what to know if you haven't filed your tax return yet
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
How to do your taxes in 2023 (and get your refund fast)
Here's everything you need to know about filing your federal income taxes in 2023.
How long will it take to get your tax refund?
Americans are filing their taxes earlier this year. Here's what to know about the IRS' turnaround time on your refund.
Who qualifies for the home office deduction on their taxes?
The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.
IRS: State payments not subject to federal tax
The Internal Revenue Service says it will not be collecting federal taxes against payments issued in several states last year to offset inflation. But, certain requirements are being imposed in some states. Rebecca Walser, president of Walser Wealth Management, joins CBS News' Lilia Luciano and Lana Zak to answer questions about the tax confusion.
Here's when you can start filing your taxes this year
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Here's how likely millionaires are to be audited by the IRS
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
What we're learning from Trump's tax returns
The thousands of pages of documents released by congressional Democrats paint a more detailed picture of former president Donald Trump's finances over a six-year period, including his time in the Oval Office. Steven Rosenthal, a senior fellow at the Urban-Brookings Tax Policy Center, joins CBS News to break down what the documents tell us.
Legal analyst on release of Trump tax returns
The House Ways and Means Committee has released six years of tax returns from former President Donald Trump. CBS News legal contributor Jessica Levinson spoke with Lana Zak about the potential legal ramifications for Trump, this family and his businesses based on the newly public information.
House panel releases Trump's tax returns
The Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
Here's what tax pros are looking for in Donald Trump's returns
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
IRS will delay requirement to report $600 in gig work on taxes
Most online sellers will be spared from tracking and reporting side-hustle income on their taxes for at least another year.
Year-end financial moves to save on taxes
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
Made money online this year? You could owe more in taxes
Under new IRS rule, anyone who earned more than $600 this year by selling things online or doing gig work could face tax hit.
5 ways inflation could impact your paycheck next year
The hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
live updates
U.K. leader sacks finance chief amid economic turmoil over tax cuts
The "mini-budget" rolled out by the duo caused the pound to plummet in value, interest rates to soar, and sparked chaos in financial markets.
U.K. drops plan to cut income tax for wealthy
The U.K. government is abandoning a plan to cut income taxes for the wealthy. The move was wildly unpopular, and even sent the value of the pound tumbling when it was first announced last month. John Quelch, dean of the Miami Herbert Business School at the University of Miami, joined CBS News' John Dickerson for his analysis.
UK pulls proposed tax cut for high earners
The British government reversed course Monday, saying it would not move forward with a proposed tax reduction for high earners that sent the pound tumbling last week. Joining anchors Vladimir Duthiers and Anne-Marie Greene to talk about market shifts in both the U.S. and U.K. is Javier David, managing editor of business and markets at Axios.
Here's how inflation will soon impact your tax bracket
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
IRS to refund 1.6M people who missed tax deadlines during pandemic
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
Tax filing deadline brings challenges
Monday marks the deadline for most Americans to file their individual income taxes. CBS News reporter Sarah Ewall-Wice joined "Red and Blue" to discuss the tax filing process, extensions, and issues at the IRS.
Explosion at LA County Sheriff's Department training facility kills 3 deputies
The cause of the explosion was not clear as of Friday morning.
Freed U.S.-Israeli hostage thanks Trump, calls for deal to bring others home
650 days after Israeli-American Keith Siegel was seized in the Hamas attack, he says a deal to bring home the remaining hostages must be made "as soon as possible."
Trump to sign landmark crypto bill, the GENIUS Act, at the White House
President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.
Trump orders Bondi to seek release of Epstein-related grand jury testimony
President Trump late Thursday ordered the Justice Department to seek the release of grand jury testimony related to Jeffrey Epstein.
Father arrested by ICE while dropping off child at preschool in Oregon
Mahdi Khanbabazadeh, who is a citizen of Iran, was arrested outside his child's preschool in Oregon for overstaying his visa, U.S. Immigration and Customs Enforcement said.
17-year-old charged with murder in death of paddleboarder in Maine
A 17-year-old has been charged with murder in the death of a paddleboarder who went missing in Maine, authorities said on Friday.
Alleged victim shares story amid potential surrogacy scam
Kayla Elliott said she was told a couple was seeking surrogacy because they had one daughter but were unable to conceive again after 10 attempts.
Millions could face higher ACA premiums, lower subsidies: "Sticker shock"
Consumers face both rising premiums and falling subsidies next year in Obamacare plans.
Unknown illness sickens 140 people aboard Royal Caribbean cruise
Royal Caribbean's Navigator of the Seas was on a week-long, round-trip cruise when passengers became sick, the CDC said.
U.S.
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New York hiking trail closed due to moose with "unusual behaviors"
A bull moose exhibiting "unusual behaviors" has forced the closure of the Goodman Mountain trail in New York's Adirondack Mountains.
Man extradited to Oregon to face murder charge in girlfriend's 1983 death
Teresa Peroni was reported missing by her family in 1983, but charges were not filed for decades.
17-year-old charged with murder in death of paddleboarder in Maine
A 17-year-old has been charged with murder in the death of a paddleboarder who went missing in Maine, authorities said on Friday.
Peacock raising its subscription rates by $3 starting next week
Peacock is hiking its prices as streaming platforms surpass traditional broadcasters in how people watch TV.
Trump to sign landmark crypto bill, the GENIUS Act, at the White House
President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.
MoneyWatch
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TikTok failing to shield kids from extreme weight loss content
Content promoting extreme weight loss and cosmetic surgery is available to young TikTok users, breaching the social media platform's own policies.
Peacock raising its subscription rates by $3 starting next week
Peacock is hiking its prices as streaming platforms surpass traditional broadcasters in how people watch TV.
Trump to sign landmark crypto bill, the GENIUS Act, at the White House
President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.
Hollywood auction of "Indiana Jones" whip draws $575,000
A whip wielded by Harrison Ford in "Indiana Jones and the Last Crusade" sold at auction for $525,000 a day after the Rosebud sled from "Citizen Kane" went for a near-record $14.75 million.
Here's your potential tax cut in 2026 from the One Big Beautiful Bill Act
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.
Politics
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Trump to sign landmark crypto bill, the GENIUS Act, at the White House
President Trump is signing the country's first major legislation aimed at regulating cryptocurrency on Friday.
Trump wants Texas to redraw its congressional map. Here's what to know.
President Trump has said he wants a "simple redrawing" of Texas' congressional map where Republicans pick up five seats.
US DOJ requests lists of undocumented immigrants in LA County jails
Los Angeles County Sheriff Robert Luna, whose agency oversees the jails, said deputies don't ask for an individual's immigration status during booking.
Trump orders Bondi to seek release of Epstein-related grand jury testimony
President Trump late Thursday ordered the Justice Department to seek the release of grand jury testimony related to Jeffrey Epstein.
What does the Federal Reserve do, and why is Trump unhappy with chair Powell?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
HealthWatch
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Millions could face higher ACA premiums, lower subsidies
Consumers face both rising premiums and falling subsidies next year in Obamacare plans.
FDA: Juul can sell vape devices, nicotine pods
The Food and Drug Administration on Thursday formally approved Juul to sell its vape devices and nicotine pods. Dr. Robert Jackler, a professor at Stanford Medicine who focuses on the impact of tobacco and advertising, speaks with "CBS Evening News" co-anchor John Dickerson about it.
Juul can keep selling tobacco and menthol e-cigarettes, FDA decides
FDA regulators said Juul's studies show its e-cigarettes are less harmful for adult smokers, who can benefit from switching completely to vaping.
Ex-pilot who tried shutting off engines says he "had no intention of crashing" plane
Former airline captain Joseph Emerson, indicted for trying to shut off a plane's engines mid-flight in 2023, speaks to "CBS Mornings" about the incident.
Coke with cane sugar or corn syrup? Here's what health experts say
President Trump said Coca-Cola has agreed to use cane sugar in its U.S. cola, which is currently sweetened with high-fructose corn syrup. Is one of them actually better for your health?
World
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Freed U.S.-Israeli hostage thanks Trump, calls for deal to bring others home
650 days after Israeli-American Keith Siegel was seized in the Hamas attack, he says a deal to bring home the remaining hostages must be made "as soon as possible."
TikTok failing to shield kids from extreme weight loss content
Content promoting extreme weight loss and cosmetic surgery is available to young TikTok users, breaching the social media platform's own policies.
Mysterious deaths of princes solved 5 centuries later, author says
Philippa Langley, who helped unearth King Richard III's body from a parking lot in 2012, says that two young princes who disappeared from the Tower of London were not killed.
Lightning strikes kill 33 people in a week as monsoon season hits India
Monsoon season has brought powerful storms to eastern India, with at least 33 people killed by lightning strikes this week alone.
U.S.-Russian woman arrested in Moscow, accused of smuggling gun
"The suitcase was found to contain an American Colt Commander, .45 caliber with three empty magazines," Russian officials said.
Entertainment
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Peacock raising its subscription rates by $3 starting next week
Peacock is hiking its prices as streaming platforms surpass traditional broadcasters in how people watch TV.
Jules Hoffman puts new spin on Raffi favorites
From viral hits with Ms. Rachel to headlining a nationwide tour, Jules Hoffman is making waves with a new album honoring legendary children's artist Raffi. The project, "Thanks a Lot," reimagines childhood staples with a fresh sound while keeping the heart of songs like "Baby Beluga" and "Bananaphone" alive for a new generation
"The Late Show with Stephen Colbert" ending
CBS is ending "The Late Show with Stephen Colbert," the No. 1 network show in late night. The final episode will air in May 2026. CBS News' Vladimir Duthiers reports on the announcement.
Pee-wee Herman's iconic bike sold
One of the custom stunt bikes used in the 1985 cult classic "Pee-wee's Big Adventure" has a new owner after being sold at auction for $125,000. The buyers, longtime fans of the film, say they plan to preserve the prop and make it available for public display, offering other fans a chance to relive the character's famous quest to the Alamo.
Katherine Legge on breaking racing barriers
Katherine Legge joins "CBS Mornings" to talk about her 20-year career in racing and what it means to be the only woman competing at NASCAR's highest levels.
Technology
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Technology
Are robot umpires the future of baseball?
With roots dating back to the 1800s, baseball has long relied on human umpires to make split-second calls. But now, Major League Baseball is trying out a new system that uses sensors and replay challenges to determine balls and strikes. Jomboy Media's founders join "CBS Mornings Plus" to discuss the pros and cons.
TikTok failing to shield kids from extreme weight loss content
Content promoting extreme weight loss and cosmetic surgery is available to young TikTok users, breaching the social media platform's own policies.
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.
Roblox CEO unpacks new safety features
The online gaming platform Roblox is adding new safety features aimed at protecting its young players. CEO and founder David Baszucki joins CBS News to explain the changes.
Mark Zuckerberg settles lawsuit over Cambridge Analytica scandal, reports say
The reported settlement comes a day after an $8 billion class-action lawsuit began in court.
Science
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8 babies born with DNA from 3 people in world-first IVF trial
A groundbreaking IVF trial has raised hope that women with genetic mutations in their own DNA could one day have children without passing on deadly diseases.
Skeleton of medieval knight found under former ice cream parlor
The site where the remains were found was once home to a beloved ice cream shop.
Crossbreeding corals from Honduras could help protect Florida's coast
Elkhorn coral helps form the skeleton of a healthy reef, but more than 95% of the Elkhorn coral off Florida has been wiped out. Scientists have created the "Flonduran" crossbreed to solve the problem.
What to know about the Perseids and when to view the 2025 meteor shower
The Perseids meteor shower begins this week and is expected to offer one of the best astronomy shows of 2025.
Cracking the code: Using genetic genealogy to unmask serial criminals
Barbara Rae-Venter never anticipated that her genealogy hobby would lead to the capture of one of California's most notorious criminals, the Golden State Killer. Her pioneering use of genetic genealogy has since helped solve numerous cold cases.
Crime
More Crime
Man extradited to Oregon to face murder charge in girlfriend's 1983 death
Teresa Peroni was reported missing by her family in 1983, but charges were not filed for decades.
Alleged victim shares story amid potential surrogacy scam
Kayla Elliott said she was told a couple was seeking surrogacy because they had one daughter but were unable to conceive again after 10 attempts.
Slain Idaho student's family speaks out
Steve and Kristi Goncalves join "CBS Mornings Plus" to share their reaction to Bryan Kohberger's guilty plea and the end of the nearly three-year wait for justice.
U.S.-Russian woman arrested in Moscow, accused of smuggling gun
"The suitcase was found to contain an American Colt Commander, .45 caliber with three empty magazines," Russian officials said.
Man charged with hijacking plane, causing fighter jets to scramble
The Royal Canadian Mounted Police said Shaheer Cassim, 39, has been charged with hijacking, constituting terrorism, over the incident.
Space
More Space
Space
Piece of Mars sells at auction
NWA 16788, the largest piece of Mars on Earth, fetched $5.3 million at auction. Franklin Institute chief astronomer and planetarium director Derrick Pitts joins CBS News with more.
Astronomers capture birth of a new solar system around sun-like baby star
Astronomers have discovered the earliest seeds of planets forming around HOPS-315, a baby star located 1,300 light-years away.
What to know about the Perseids and when to view the 2025 meteor shower
The Perseids meteor shower begins this week and is expected to offer one of the best astronomy shows of 2025.
Massive black hole merger forms one 225 times the mass of the sun
Two black holes merged into one massive one, scientists from an international collaborative group said.
Privately funded crew returns to Earth after space station visit
It was the fourth private astronaut mission funded by Houston-based Axiom Space and the second commanded by veteran astronaut Peggy Whitson.
Latest Galleries
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Summer music heats up 2025
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.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Suzanne Morphew case
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
"No Kings": Protesters across country march against Trump, Musk
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.
Attack on Pearl Street Mall in Boulder
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Are robot umpires the future of baseball?
With roots dating back to the 1800s, baseball has long relied on human umpires to make split-second calls. But now, Major League Baseball is trying out a new system that uses sensors and replay challenges to determine balls and strikes. Jomboy Media's founders join "CBS Mornings Plus" to discuss the pros and cons.
Bondi on deadly LASD facility explosion
Attorney General Pam Bondi said federal agents were at the scene of an explosion at a training facility for the Los Angeles County Sheriff's Department. At least three deputies were killed, Bondi said. CBS News Los Angeles has more.
Latest in fallout over Epstein files
President Trump ordered Attorney General Pam Bondi to release "any and all pertinent" grand jury testimony related to Jeffrey Epstein. CBS News' Olivia Rinaldi and Scott MacFarlane have the latest on the controversy.
Wu-Tang Clan to perform its final concert ever
Wu-Tang Clan is set to perform its last concert ever in Philadelphia on Friday night. Hip hop author and journalist Kevin Powell joins CBS News 24/7 to discuss the group's influence in music.
3 killed in explosion at LASD facility
At least three deputies were killed after an explosion at a Los Angeles County Sheriff's Department training facility, officials said. Attorney General Pam Bondi said federal agents were at the scene. CBS News Los Angeles reported on the incident.