Where IRS is most likely to audit taxpayers
The counties with the highest rates of audits aren't in America's richest areas.
Internal Revenue Service
Here are the counties where taxpayers are most likely to be audited
Taxpayers in poor U.S. counties are more likely to get audited by the agency than people in rich areas
Trump's Federal Reserve pick Stephen Moore owes $75,000 to the IRS
Donald Trump's pick for the Fed's seven-member board owes the money after wrongly claiming a deduction
Owe the IRS? It could cost you your house
Economist Stephen Moore is fighting a $75,000 debt to the IRS. He's one of many reluctant payers tax collectors deal with every year.
Special tax breaks for America's seniors
Aging may bring its own special problems, but it also brings welcome financial bonuses at tax time
IRS again lowers penalty threshold for underpaying taxes after outcry
The measure comes amid taxpayer concerns about misjudging payments following the Tax Cuts & Jobs Act
How investors can navigate this tax season's many changes
Tax season is a mixed bag this year under the new law, especially for investors who can no longer deduct their expenses
The IRS says it has $1.4 billion in unclaimed money
Every year, people who have overpaid taxes don't file a return—and the agency says time is running out to claim it
Changes in tax deductions at small businesses
That company party? Still 100% deductible in many cases. Expenses like client gifts or commuting costs? Not so much
IRS analyst pleads not guilty to leaking Cohen's bank information
John Fry allegedly accessed a Treasury Department database last May and disclosed information about Cohen's transactions to Michael Avenatti and a reporter
How to tell if you're winning or losing under new tax law
Sure, a smaller IRS refund check can be depressing, but it doesn't always mean you're getting stiffed
File your tax return before a con artist does it for you
Scammers can get enough of your personal info to file a tax return in your name — and then they get your refund
Fear an IRS audit? Don't — the odds are with you
Hobbled by funding cuts, the agency has sharply reduced the number of audits it conducts — especially of the rich
Beware of these common tax scams
The IRS is warning taxpayers about the top 12 tax scams it calls the "dirty dozen." The agency is announcing one fraud each day. The IRS is revealing its latest scam on the list: dishonest tax preparers. It previously announced identity theft, phone scams, and phishing scams. CBS News business analyst Jill Schlesinger joins "CBS This Morning" with what you need to know this tax season.
When can you expect your tax refund?
Four weeks into tax season, the IRS is out with new data on this year’s tax filings. The average refund so far is $2,640. That's down more than $500 from this time last year. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss when you can expect your tax refund.
Form 1040? Simple. Its 6 new schedules? Harder
The new Form 1040 is one page with just 23 lines, but for many taxpayers, the challenge will be Schedules 1 through 6
Fraud takes over as consumers' top complaint to FTC
Fueled by an explosion in government imposter scams, fraud of all types pushed aside debt collection and ID theft
Average tax refund now slightly higher than last year
The average refund for 2018 is now over $3,100, but the number of people getting a refund is down by 2 million
These popular tax deductions still worth claiming
The new tax law put significant limits on many deductions, but that doesn't mean you should ignore them
SEC goes after Elon Musk
Securities cops tell judge that Tesla's founder has mis-tweeted again. Plus, the latest IRS data show the typical tax refund is $500 lower this year. CBSN has the MoneyWatch headlines.
The average tax refund is down more than $500 this year
Refunds are 16 percent lower over the first three weeks of tax season compared with 2018, the latest IRS data show
The surprise winners in this year's tax season
Taxpayers who qualify for the "pass-through deduction" are getting a big break under the new tax law
Warren Buffett: Wealthy are "undertaxed" compared with rest of U.S.
Billionaire says the rich should pay more taxes to fix growing income inequality -- "I'm fine with it," he told CNBC
One winner from tax overhaul: America's banks
Profits at U.S. financial institutions soared 44 percent to record highs last year, largely due to changes in tax law
Navigating a messy tax season
Tax expert Dan Geltrude explains the delays in tax returns being processed, the possible changes in your tax refund, and how to navigate this messy tax filing season.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
Exclusive
U.S. moving to indict Cuba's Raúl Castro, sources say
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
Live
Seized ship taken toward Iran as Trump and Xi agree on Strait of Hormuz
A ship was taken by unknown parties toward Iranian waters after an Indian-flagged vessel was attacked off Oman.
Exclusive
ICE releases wife of U.S. Army soldier after monthlong detention
ICE has released the wife of an active-duty U.S. soldier after a month in detention, her husband told CBS News.
Exclusive
Will Trump ask Putin to bring these Americans home?
Anastasia Antonov believes that her father, Aleksandr, was arrested by the Russian government last year because he is an American citizen. Now, she is appealing to President Trump to push Vladimir Putin's government to free her father.
CIA Director Ratcliffe makes rare trip to Cuba as island faces energy crisis
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
Supreme Court upholds mail access to abortion pill mifepristone for now
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
Trucking broker can face lawsuit over fatal crash, Supreme Court rules
A CBS News investigation showed the broker had worked with dangerous "chameleon carriers," thousands of which evade federal safety enforcement by reincarnating under new names.
Bipartisan bill aims to help civilians exposed to toxic burn pits
A bipartisan group of lawmakers unveiled a bill to help civilians, including law enforcement agents, receive workers' compensation for illnesses like cancer that are often associated with toxic exposure to burn pits.
U.S.
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Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
American passenger from hantavirus-hit cruise ship on life in quarantine
The number of people being monitored for hantavirus in the United States has grown to 41, the Centers for Disease Control and Prevention said Thursday.
A Chinese community in New York City reacts to the Trump-Xi Beijing summit
There has been palpable excitement about President Trump's state visit to China in the Queens neighborhood of Flushing, home to one of the largest Asian populations in the U.S.
Supreme Court upholds mail access to abortion pill mifepristone for now
The Supreme Court has maintained mail access to the abortion pill mifepristone, setting aside for now a lower court order that blocked abortion providers from prescribing the widely used drug through telehealth and shipping it to patients.
Trucking broker can face lawsuit over fatal crash, Supreme Court rules
A CBS News investigation showed the broker had worked with dangerous "chameleon carriers," thousands of which evade federal safety enforcement by reincarnating under new names.
MoneyWatch
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Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Rare blue-green diamond sells for record price at auction
The 5.5-carat "Ocean Dream" diamond was found in Central Africa in the 1990s.
Politics
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Exclusive
ICE releases wife of U.S. Army soldier after monthlong detention
ICE has released the wife of an active-duty U.S. soldier after a month in detention, her husband told CBS News.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
CIA Director John Ratcliffe makes rare trip to Cuba as island faces energy crisis
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
Exclusive
U.S. moving to indict Cuba's Raúl Castro, sources say
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
Bipartisan bill aims to help civilians exposed to toxic burn pits
A bipartisan group of lawmakers unveiled a bill to help civilians, including law enforcement agents, receive workers' compensation for illnesses like cancer that are often associated with toxic exposure to burn pits.
HealthWatch
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HealthWatch
Teens help save man having a heart attack
Three South Florida teenagers helped a 65-year-old having a heart attack. Matt Gutman has the story.
Cruise ship passenger on quarantine experience
Jake Rosmarin, a travel influencer who was on the M/V Hondius as it suffered a hantavirus outbreak, is one of 16 Americans quarantining at the University of Nebraska Medical Center. Rosmarin spoke with CBS News about how a five-week trip is now stretching into 12 weeks away from home.
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Activities that challenge your mind may help maintain brain health
Challenging your mind, through games and learning new skills, may help reduce your risk of dementia, according to the Alzheimer's Association. (Sponsored by the Alzheimer's Association.)
Trump demands Medicaid data for deportation. Some states go further.
Several states have required their health agencies to take on another job: verifying immigration status among Medicaid recipients and reporting them to the U.S. Department of Homeland Security.
No Americans showing hantavirus symptoms
Jake Rosmarin is one of the 16 Americans at the University of Nebraska Medical Center being monitored for signs of hantavirus. Ian Lee spoke with him and has more details.
World
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Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
CIA Director John Ratcliffe makes rare trip to Cuba as island faces energy crisis
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
Exclusive
U.S. moving to indict Cuba's Raúl Castro, sources say
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
Bipartisan bill aims to help civilians exposed to toxic burn pits
A bipartisan group of lawmakers unveiled a bill to help civilians, including law enforcement agents, receive workers' compensation for illnesses like cancer that are often associated with toxic exposure to burn pits.
A Chinese community in New York City reacts to the Trump-Xi Beijing summit
There has been palpable excitement about President Trump's state visit to China in the Queens neighborhood of Flushing, home to one of the largest Asian populations in the U.S.
Entertainment
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Entertainment
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.
From the archives: Outspoken film critic Rex Reed
Film critic Rex Reed, whose clever and barbed opinions about movies – and movie stars – made him a fixture for decades in print and on television, died on May 12, 2026 at age 87. In this Feb. 4, 2018 "Sunday Morning" profile, Reed talked with Mo Rocca about how he came to live the life of an A-Lister himself. He also dispensed his unvarnished opinions about that year's best picture Oscar-nominees.
"Survivor" contestants on double elimination
(Spoilers ahead) "CBS Mornings" reveals the castaways voted off during Wednesday's episode of "Survivor 50" in another double elimination. They discuss being part of the franchise and their legacies in the game.
National Recording Registry adds Taylor Swift, Beyoncé, Ray Charles, more
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Troubling trend for touring musicians
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
Technology
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Technology
How the Trump-Xi summit could impact AI race
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
Closing arguments held in OpenAI case
Lawyers presented closing arguments Thursday in the OpenAI trial pitting Elon Musk against its CEO, Sam Altman. CBS News legal contributor Jessica Levinson has more.
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.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
Science
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Crime
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Former death row inmate granted bond after nearly being executed 3 times
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Software CEO convicted for running $1 billion Medicare fraud scheme
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
Huge twist in Alex Murdaugh case
Alex Murdaugh, the former South Carolina lawyer who was convicted of murder, will get a new trial and have his convictions overturned, the state's Supreme Court ruled Wednesday. CBS News' Eva Pilgrim reports.
Feds arrest tourist accused of hurling rock at endangered seal's head
The tourist sparked outrage after a witness recorded him chucking a coconut-sized rock at "Lani," a beloved Hawaiian monk seal off a Maui beach.
Videos show shots fired in Philippine Senate
Warning: Distressing video. Authorities in the Philippines tried to arrest a senator on Wednesday, resulting in a burst of gunfire in the Philippine Senate, according to an Associated Press journalist and other witnesses.
Space
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
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.
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?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
How a pair of 3-legged pets found their home
Two animals with specials needs are adjusting to their new home in Maryland after recovering together at "Last Chance Animal Rescue." Photojournalist Parrish Smith shows us how Blueberry and Meadow found each other and their forever home.
Restaurants turning back clock for customers
Some restaurants are going retro to try to bring customers into dining rooms. Bradley Blackburn got a taste of how they're putting nostalgia - on the menu.
What U.S. and China want out of talks
Chinese President Xi Jinping and President Trump are discussing a wide range of topics in Beijing, including Taiwan and the war with Iran. Henrietta Levin, a senior fellow with the Freeman Chair in China Studies at CSIS, joins "The Daily Report" to discuss what success would look like for both the U.S. and China during these talks.
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.