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
Internal Revenue Service
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.
Colorado woman's $8,000 tax bill leaves her in tears
Last year, one Colorado family of four's tax refund topped $3,600. This year, they owed in the thousands.
Claim these tax deductions -- even if you can't itemize
Also known as "above the line deductions," these special provisions can be big money-savers
Cassidy backs Blanche for attorney general, clearing way for confirmation
Louisiana Sen. Bill Cassidy, a Republican, announced he will vote to confirm Todd Blanche for attorney general.
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Saudi Arabia, Turkey and Pakistan sign key defense accord, criticized by Iran
Yemen's Houthi rebels launch fresh attacks on Saudi-backed government troops, says Yemeni state media, as Cruz says Trump must seek "regime collapse."
Trump's firings of federal officials set stage for next presidential power test
A federal appeals court is set to consider President Trump's effort to fire two immigration judges this fall, a case that could have significant implications for federal workers.
Appeals court blocks Trump's White House ballroom, teeing up Supreme Court fight
A federal appeals court said the White House lacks the authority to unilaterally construct the 90,000-square-foot ballroom. President Trump said the administration will appeal to the Supreme Court.
Idaho shooting video shows gunman start deadly rampage in In-N-Out drive-thru
Three people were killed in the shooting that started at an In-N-Out restaurant in Twin Falls, Idaho.
Trump mounts new effort to fire Fed's Lisa Cook after Supreme Court ruling
The White House has informed Lisa Cook, a member of the Federal Reserve Board of Governors, that President Trump is considering firing her.
Pentagon releases 5th batch of UFO files, with more documents and videos
The Pentagon on Friday released a new batch of documents and images related to UFOs, the fifth disclosure in recent months about the strange encounters.
Water rationing begins in Puerto Rico amid drought crisis: "It's brutal"
Puerto Rico's massive rationing measure comes amid a severe drought on top of shortages due to infrastructure issues.
A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
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DOJ's top prosecutor in LA hires aide with pending battery charge, DUIs
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
Idaho shooting video shows gunman start deadly rampage in In-N-Out drive-thru
Three people were killed in the shooting that started at an In-N-Out restaurant in Twin Falls, Idaho.
A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Trump mounts new effort to fire Fed's Lisa Cook after Supreme Court ruling
The White House has informed Lisa Cook, a member of the Federal Reserve Board of Governors, that President Trump is considering firing her.
MoneyWatch
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A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Americans got their biggest raises in 40 years. Inflation took most of it.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Warren presses U.S. companies to share tariff refunds with customers
Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.
Politics
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From Iran's Evin Prison, U.S. citizen Reza Valizadeh releases audio update
CBS News received a second audio message from journalist Reza Valizadeh, who's been held in Iran's notorious Evin Prison since 2024. He gave an update on the prison conditions and on fellow American Kamran Hekmati, believed to be suffering from a recurring cancer.
First on CBS
DOJ's top prosecutor in LA hires aide with pending battery charge, DUIs
First Assistant U.S. Attorney Bill Essayli hired former top aide Shawn Lewis to be a federal law enforcement liaison, though Lewis has three prior convictions for driving under the influence and a pending battery charge.
Trump mounts new effort to fire Fed's Lisa Cook after Supreme Court ruling
The White House has informed Lisa Cook, a member of the Federal Reserve Board of Governors, that President Trump is considering firing her.
Senate passes long-stalled Russia sanctions bill championed by Lindsey Graham
The Senate has tried for more than a year to get the legislation imposing sanctions on Russia across the finish line. It also includes sanctions on Iran.
Appeals court blocks Trump's White House ballroom, teeing up Supreme Court fight
A federal appeals court said the White House lacks the authority to unilaterally construct the 90,000-square-foot ballroom. President Trump said the administration will appeal to the Supreme Court.
HealthWatch
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"Pink flags" of postpartum psychosis — and more takeaways from "Healthful"
Perinatal psychiatrist Dr. Uruj Kamal Haider and Kriti Lodha joined a special edition of "Healthful" to talk more about mental health conditions, including postpartum psychosis.
The Truth About Postpartum Psychosis
The issue of postpartum psychosis has come to the forefront amid the murder trial of Lindsay Clancy, the 35-year-old mother accused of killing her three children. What are the signs of a mental break, and is the healthcare system failing mothers? In this special episode of Healthful, Norah speaks with Dr. Uruj Kamal Haider, a perinatal psychiatrist who has treated patients with the rare and severe mental health emergency. She also speaks with Kriti Lodha, a postpartum psychosis survivor who has made it her mission to help other mothers.
Flesh-eating bacteria has killed 5 in Louisiana this year, officials say
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
Minnesota Chipotle burrito bowl meal led to sepsis hospitalization, lawsuit says
A Minnesota woman says she fainted, spiked a 102-degree fever, and was hospitalized with sepsis three days after eating a chicken burrito bowl at a Chipotle in Roseville, and genetic testing connected her case to a multistate outbreak, according to a lawsuit filed Tuesday.
What Fauci has said about COVID origins, gain-of-function research
Thursday's vote to hold Dr. Anthony Fauci in contempt of Congress follows years of tension with GOP Sen. Rand Paul, hinging on the origins of the coronavirus and a controversial type of research.
World
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From Iran's Evin Prison, U.S. citizen Reza Valizadeh releases audio update
CBS News received a second audio message from journalist Reza Valizadeh, who's been held in Iran's notorious Evin Prison since 2024. He gave an update on the prison conditions and on fellow American Kamran Hekmati, believed to be suffering from a recurring cancer.
Senate passes long-stalled Russia sanctions bill championed by Lindsey Graham
The Senate has tried for more than a year to get the legislation imposing sanctions on Russia across the finish line. It also includes sanctions on Iran.
Plans for another mass migrant crossing into Ceuta spreading online
CBS News reviewed dozens of posts on social media that suggest a renewed push for migrants to cross the border from Morocco into the Spanish exclave of Ceuta.
Water rationing begins in Puerto Rico amid drought crisis: "It's brutal"
Puerto Rico's massive rationing measure comes amid a severe drought on top of shortages due to infrastructure issues.
Amanda Knox's comedy show faces criticism from murdered roommate's family
Amanda Knox made headlines almost two decades ago when she was convicted, but later acquitted, of the murder of Meredith Kercher in Italy.
Entertainment
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Entertainment
Top music exec chooses his song of the summer
Music lovers are weighing in on the 2026 song of the summer contenders. Jem Aswad, Variety's executive music editor, shares what he thinks makes a hit the standout of the season.
What's the song of the summer?
While many songs generate acclaim as soon as they hit the airwaves, there can only be one song of the summer. SiriusXM radio host Lamar Dawson makes his pick.
Juno Temple, Hannah Waddingham on "Ted Lasso"
Emmy Award-winning actors Juno Temple and Hannah Waddingham share their thoughts on returning to "Ted Lasso" for a fourth season after a three-year hiatus. Temple returns as publicist Keeley Jones while Waddingham is back as club owner Rebecca Welton.
Diarra Kilpatrick on her show's new season
Diarra Kilpatrick, who stars in "Diarra from Detroit," joins "CBS Mornings" to discuss the show's new season, which premiered on Paramount+ last week.
Amanda Kloots on her new dating show
Amanda Kloots, a Broadway dancer, podcast host and best friend to reality star Harry Jowsey, joins "CBS Mornings" to discuss their new Netflix series "Let's Marry Harry."
Technology
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Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Meta fined $567M over child safety issues
Meta, the tech giant that operates Facebook, Instagram, WhatsApp and other platforms, faces another financial penalty for allegedly failing to keep kids safe. A New Mexico judge has ordered Meta to pay $567 million for its failure to warn the public about the dangers its products pose to children.
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.
Kids dropping phones for summer jobs
Meet the children leaving their devices behind this summer to flex their entrepreneurial muscles with summer jobs.
Concerns over misuse of Flock cameras
Joseph Cox, co-founder of 404 Media, joins CBS News to discuss criticisms of Flock cameras and the push by some cities to replace Flock cameras with different surveillance devices like license plate readers.
Science
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Science
Genetically altered beagles offer hope for dog lovers with allergies
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Most detailed images taken of sun's surface revealed
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.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Crime
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Crime
Inside Lindsay Clancy's Home
As the Lindsay Clancy murder trial continues, jurors hear testimony from the medical professionals who treated her before and after the deaths of her three children, and excerpts of her journal. They also visit key scenes from the night of the killings. "48 Hours" correspondent Erin Moriarty speaks with WBZ-TV reporter and anchor Kristina Rex about emotional courtroom moments, graphic testimony, and the key question at the heart of this case: what was happening in Lindsay Clancy's mind on January 24, 2023?
Idaho shooting video shows gunman start deadly rampage in In-N-Out drive-thru
Three people were killed in the shooting that started at an In-N-Out restaurant in Twin Falls, Idaho.
Tense exchange at Lindsey Clancy murder trial
More testimony transpired at Lindsey Clancy's murder trial in Massachusetts, and the judge presiding had a tense exchange with the defense. CBS News Boston's Kristina Rex reports.
Deadly school shooting in Thailand
At least seven people died during a school shooting in Bangkok, Thailand. BBC News' Jonathan Head reports.
New DNA evidence in Utah death row case
New DNA evidence is raising questions about the case against Douglas Carter, who is on death row in Utah for murder. Neal Hamilton, one of Carter's defense attorneys, joins CBS News with his take.
Space
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Most detailed images taken of sun's surface revealed
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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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.
Investigating the death of designer Sylvie Cachay
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Watch: Pentagon releases 16 new UFO videos
The Defense Department released a fifth batch of UFO files on Friday, nearly one month after its fourth drop. These are all of the videos in the latest tranche.
Inside Lindsay Clancy's Home
As the Lindsay Clancy murder trial continues, jurors hear testimony from the medical professionals who treated her before and after the deaths of her three children, and excerpts of her journal. They also visit key scenes from the night of the killings. "48 Hours" correspondent Erin Moriarty speaks with WBZ-TV reporter and anchor Kristina Rex about emotional courtroom moments, graphic testimony, and the key question at the heart of this case: what was happening in Lindsay Clancy's mind on January 24, 2023?
Ted Cruz says U.S. should arm Iran protesters
Texas Republican Sen. Ted Cruz says the U.S. should consider arming Iranian protesters so they can rise up against the regime. Alex Vatanka, a senior fellow at the Middle East Institute, reacts to the remarks.
Tense exchange at Lindsey Clancy murder trial
More testimony transpired at Lindsey Clancy's murder trial in Massachusetts, and the judge presiding had a tense exchange with the defense. CBS News Boston's Kristina Rex reports.
Doctor on "pink flags" of postpartum psychosis
Perinatal psychiatrist Dr. Uruj Kamal Haider told Norah O'Donnell on "Healthful" that it's important to identify the early signs of postpartum psychosis, which she described as "pink flags."