How to prepare for tax return changes
Jan. 23 marks the start of tax season. Toby Mathis, founding partner of Anderson Business Advisors, joined CBS News to recap changes to the tax code and what people should do before filing their returns.
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Jan. 23 marks the start of tax season. Toby Mathis, founding partner of Anderson Business Advisors, joined CBS News to recap changes to the tax code and what people should do before filing their returns.
Tax season begins on Monday, and taxpayers should expect some changes this year. The IRS warned refunds could be smaller because of the expiration of COVID-19 relief initiatives. CBS MoneyWatch associate managing editor Aimee Picchi joined CBS News to discuss.
Agency needs to upgrade systems and hire workers, watchdog says. Republican lawmakers have another idea: Eliminate it.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Inflation has a way of affecting nearly every aspect of our finances. Here are major changes to watch for in 2023.
The tax agency said it just finished sending the refunds to workers who paid tax on unemployment benefits that they didn't owe.
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
After a years-long legal battle between former President Donald Trump and Congress, on Friday House Democrats released six years' worth of Trump's tax returns, just days before Republicans take control of the House. CBS News Congressional Correspondent Scott MacFarlane reports some of the revelations, from how little taxes he paid, to the lack of an audit, as was expected by the IRS.
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.
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 Democrats released six years of former President Trump's tax returns on Friday, in the culmination of a long battle that went all the way to the U.S. Supreme Court. CBS News' Skyler Henry reports from Capitol Hill, then CBS News chief election and campaign correspondent Robert Costa joins anchor Lana Zak to discuss the impact.
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.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
A House committee released years of former President Donald Trump's tax returns Friday. Forensic analyst Bruce Dubinksy says that while the thousands of pages of information will take days to comb through, so far he's seeing no major red flags -- but there are questions about certain parts of his finances, and it's clear Mr. Trump took advantage of legal tax loopholes.
A key House panel is expected to release portions of former President Donald Trump's tax returns Friday. The House Ways and Means Committee voted last week to make six years of Trump's returns public. CBS News congressional correspondent Scott MacFarlane discussed the upcoming release of those documents.
Most online sellers will be spared from tracking and reporting side-hustle income on their taxes for at least another year.
For tax year 2021, the Bidens owed an additional $13. It could have been waived, the White House said, "but they chose to pay."
The House Ways and Means Committee is expected to release six years' worth of former President Donald Trump's tax returns, after voteing Tuesday night along party lines in favor of making the documents public. Bloomberg congressional and tax reporter Laura Davison joins CBS News to discuss.
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
The Democratic-controlled House Ways and Means Committee is expected to vote Tuesday on whether to publicly release years of the former president's tax returns.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
The IRS is already cautioning taxpayers not to count on getting their refund by any specific date in 2023.
Many Americans should brace for smaller refunds next April, since several pandemic relief programs are set to expire. CBS MoneyWatch associate managing editor Aimee Picchi joins "CBS News Mornings" with the latest.
Under new IRS rule, anyone who earned more than $600 this year by selling things online or doing gig work could face tax hit.
Treasury and IRS officials have said they want to put an end to poor customer service.
As the U.S. and Iran escalate attacks 140 days into the war, an industry analyst says "nobody is willing to move" through the Strait of Hormuz.
President Trump called China's acquisition of voter information "the largest compromise of election data in history." In 20 states, anyone can get this information with a simple public request.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and the U.S. East Coast this week.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
The Immigration and Customs Enforcement officer who shot and killed a Colombian man in Maine this week is an Army veteran who has struggled with serious mental health issues since early childhood, relatives say.
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
The U.S. Geological Survey reported that the earthquake had a magnitude of 7.3 with the epicenter 30 miles southwest of Aquiles Serdan, Mexico.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
President Trump called China's acquisition of voter information "the largest compromise of election data in history." In 20 states, anyone can get this information with a simple public request.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
The Immigration and Customs Enforcement officer who shot and killed a Colombian man in Maine this week is an Army veteran who has struggled with serious mental health issues since early childhood, relatives say.
Darline Graham indicated in a White House meeting Thursday that she's weighing a bid, CBS News confirmed. A day later, President Trump wrote on Truth Social: "RUN, DARLINE, RUN! "
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Adjusting to permanent daylight saving time would cause significant disruptions to schedules and operations, an airline trade group said.
President Trump called China's acquisition of voter information "the largest compromise of election data in history." In 20 states, anyone can get this information with a simple public request.
Darline Graham indicated in a White House meeting Thursday that she's weighing a bid, CBS News confirmed. A day later, President Trump wrote on Truth Social: "RUN, DARLINE, RUN! "
The appeals court in Washington, D.C., divided 2-1 in ruling in favor of the Trump administration in the legal battle over the Pentagon's escort policy for journalists.
In a primetime address, President Trump alleged the U.S. election system falls "catastrophically short," revisiting a topic that has drawn his attention for years — and making claims that election experts have heavily disputed.
President Trump alleged voting machines and ballot-counting systems are "extremely exposed to attack" — but experts say voting machines are subject to intense controls.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
The FDA has identified Taylor Farms as the likely source of lettuce contaminated with the parasite behind cyclosporiasis, as the outbreak grows. Mark Strassmann reports.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Doctors raised a range of concerns about a testosterone screening policy announced by Defense Secretary Pete Hegseth, which is likely to be costly to implement.
British Iranian journalist Pouria Zeraati was stabbed in what is believed to have been an Iranian state-sponsored attack in 2024.
The U.S. Geological Survey reported that the earthquake had a magnitude of 7.3 with the epicenter 30 miles southwest of Aquiles Serdan, Mexico.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Well-known activist Sonam Wangchuk hasn't eaten in nearly 3 weeks, endangering his health as he demands changes to India's exam system.
The emerald ash borer, which has devastated ash forests in North America, has been detected in the European Union for the first time.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Anne Hathaway and Matt Damon, who star in "The Odyssey," speak to "CBS Mornings" about the movie, the challenges they faced during filming and working with Oscar-winning director Christopher Nolan.
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
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.
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
The ICE officer who shot and killed a Maine man has a history of violent behavior, the Associated Press reports, citing interviews with family and court records. CBS News' Camilo Montoya-Galvez has the latest.
Ronald L. Fischer, who was featured on "America's Most Wanted," fled Rhode Island during his criminal trial for first-degree sexual assault in 2005.
The state government condemned the murder of Josue Martinez, and called on prosecutors to launch a probe in order to find those responsible.
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
President Trump on Friday afternoon urged Darline Graham, the sister of the late Sen. Lindsey Graham, to run in South Carolina for a full Senate term. Bloomberg TV Washington correspondent Tyler Kendall and NOTUS politics and policy reporter Oriana González join to discuss.
Produce supplier Taylor Farms announced Friday it was voluntarily recalling iceberg lettuce after it was linked to a nationwide cyclosporiasis outbreak. CBS News medical correspondent Dr. Céline Gounder joins with the latest.
President Trump renewed his claims of election fraud in a primetime address on Thursday night, setting the stage for a tense midterms season. Taurean Small reports.
After more than 100 matches played in three different countries over the span of five weeks, the 2026 FIFA Men's World Cup will conclude this weekend. Lionel Messi will lead defending champion Argentina against Spain, which punched its ticket to the final after beating France. Lukas Weese, a staff writer at The Athletic, joins "The Daily Report" to discuss.
A Washington Post analysis published this week found what experts say is the real cause of the damage to the Reflecting Pool in the nation's capital, and it has nothing to do with vandalism. Jarrett Ley, one of the reporters behind the analysis, joins "The Takeout" to discuss.