Can the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face legal challenges.
Internal Revenue Service
IRS could cut up to 40% of workforce, memo indicates
The IRS's Reduction in Force plan states the agency could go from 102,000 employees to a target of 60,000 to 70,000, according to an internal memo.
How to request a tax extension from the IRS
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
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.
Taxpayers in 13 states can file after April 15, IRS says. Here's where.
The IRS has given taxpayers in many states more time to file their taxes past the April 15 deadline due to natural disasters. Here's what to know.
IRS acting head resigning over deal to send immigrant tax data to ICE
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.
IRS revenue reportedly dropping $500 billion
The IRS and Treasury Department are predicting a loss of more than $500 billion in tax revenue compared to 2024, according to the Washington Post. CBS News White House reporter Aaron Navarro has more.
Latest on Trump's immigration crackdown
President Trump's administration officials are pushing back against a federal judge who intervened in the efforts to deport migrants under the Alien and Sedition Act of 1798. CBS News' Ed O'Keefe reports as details emerge about the potential use of Internal Revenue Service records in immigration probes.
Deadline to claim 2021 stimulus check of up to $1,400 is April 15
Most eligible taxpayers have already received their 2021 Recovery Rebate Credit payment, but there's still time to file a claim.
Hunter Biden IRS whistleblowers get promoted
Two Internal Revenue Service whistleblowers who accused the Justice Department of providing Hunter Biden with special treatment are getting new jobs at the Treasury Department. Treasury Secretary Scott Bessent says they will now "investigate the wrongdoing that's going on at the IRS." CBS News investigative producer Michael Kaplan joins "America Decides" to discuss.
Tax refunds in 2025 are about $1,000 less than in 2024. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
Potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City alone. Donna Ginther, director of the Institute for Policy and Social Research at the University of Kansas, joins "America Decides" to discuss the potential economic ramifications.
Former IRS worker on being fired
Jonathan Curry, a media relations specialist at the Internal Revenue Service, joined CBS News with more on losing his job as the Trump administration carries on with efforts to slash spending among federal agencies.
IRS employee speaks out about firing
Thousands of Internal Revenue Service employees are out of a job as the Trump administration cuts the size of its workforce. CBS News reporter Kati Weis spoke with one of those employees.
IRS employee among those fired by Trump speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on them.
Which IRS employees are being fired?
A federal judge is giving President Trump the go-ahead to continue mass firings of thousands of federal employees, for now. CBS News White House reporter Aaron Navarro and CBS News congressional correspondent Caitlin Huey-Burns report on the mass firings.
IRS employees to be fired by end of week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the week, including 3,500 from the small business self-employed division. CBS News chief White House correspondent Nancy Cordes has the details.
Over 6,000 IRS employees expected to be terminated by end of week
The employees who will be affected — in a single division of the IRS — are expected to be notified Thursday that they've been fired.
White House on IRS layoffs
The White House says Internal Revenue Service employees affected by recent layoffs were not critical for tax-filing season. CBS News' Willie James Inman reports.
DOGE presence at IRS raising concerns
Elon Musk's Department of Government Efficiency, DOGE, is now requesting access to the tax records of millions of Americans, sparking concerns about the safety of taxpayer information, including social security numbers and bank account information. CBS News White House reporter Olivia Rinaldi has more.
Musk's DOGE is at the IRS, raising concerns about taxpayer data security
Some Democratic lawmakers are raising concerns about the security of taxpayer data as Musk's cost-cutting task force moves to the IRS.
Musk's DOGE targets IRS amid federal layoffs
Elon Musk's Department of Government Efficiency is seeking access to the personal information of millions of U.S. taxpayers as mass layoffs at multiple federal agencies impact workers. CBS News chief White House correspondent Nancy Cordes reports. Then, Max Stier, founding president and CEO of the Partnership for Public Service, joins to discuss.
What to know about DOGE access to IRS data
The New York Times reports the IRS is planning to give a team member of DOGE access to sensitive taxpayer data. The IRS is also facing layoffs of probationary workers in the middle of tax season as DOGE continues to trim down the federal government. CBS News White House reporter Aaron Navarro has more.
7/20: CBS News Mornings
IRS whistleblower speaks out in Hunter Biden probe; summer camps offering more educational and emotional support.
Live
Iran accuses U.S. of violating ceasefire as stalemate continues in peace talks
The U.S. military reported that it has shot down six Iranian one-way attack drones headed toward the Strait of Hormuz.
Jared Kushner-backed luxury resort stokes days of protests in Albania
The so-called "Flamingo Revolution" has taken up the cause of protecting the Albanian coast from a development led by the president's son-in-law.
Pratt's lead over Raman further erodes in new L.A. mayoral race results
Political newcomer Spencer Pratt's lead over Los Angeles City Councilwoman Nithya Raman in the race for L.A. mayor has continued to diminish since election night.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran's regime, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News.
Iran soccer team departs for Mexico ahead of World Cup
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Golden Tempo wins the Belmont Stakes after also taking the Kentucky Derby
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner.
At least 12 people wounded in shooting near festival in Toledo, Ohio
Police in Toledo, Ohio, reported that there were believed to be at least two shooters. No suspects have been arrested.
FBI fires analysts who worked on memo about Catholic extremist ideology
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
U.S.
More U.S.
Ex-boyfriend and fiancée behind fatal stabbing, shooting of Texas mom
What appeared to be an open-and-shut case for Texas investigators turned out to be a twisted murder plot involving victim Alyssa Beard's ex-boyfriend Andrew Beard and his fiancée Holly Elkins – who detectives say was the mastermind.
At least 12 people wounded in shooting near festival in Toledo, Ohio
Police in Toledo, Ohio, reported that there were believed to be at least two shooters. No suspects have been arrested.
Golden Tempo wins the Belmont Stakes after also taking the Kentucky Derby
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Why a 55-mile trek is a mandatory rite of passage for freshmen at one high school
The five-day, 55-mile Appalachian Trail hike is a 53-year tradition for freshmen at St. Benedict's Preparatory School.
MoneyWatch
More MoneyWatch
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
The job market is much stronger than economists expected. Why?
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
Second Facebook privacy settlement payment is coming soon
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
Employers added 172,000 jobs in May, surging past expectations
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Meta is selling $3.99 monthly subscriptions for Instagram Plus
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
Politics
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Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran's regime, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News.
Pratt's lead over Raman further erodes in new L.A. mayoral race results
Political newcomer Spencer Pratt's lead over Los Angeles City Councilwoman Nithya Raman in the race for L.A. mayor has continued to diminish since election night.
Becerra advances in California governor's race, CBS News projects
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
Colombia's Petro accuses Trump of intervening in his country's election
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
No bags, no watch parties: What to expect when Trump attends NBA Finals
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
HealthWatch
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HealthWatch
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
U.S. doctor with Ebola recovers from deadly virus, German hospital says
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
Veteran runs to fight "life-changing disease" after minor symptoms
Dr. Sara Whittingham thought she would know if something was wrong. But her minor symptoms had a surprising cause.
In Congo, doctors face Ebola with little protection: "We live with fear"
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
FDA moves ahead with safety study of abortion pill mifepristone
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
World
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Treasury Department plans to use Iranian assets to help U.S. Gulf allies recover
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran's regime, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News.
Iran soccer team departs for Mexico ahead of World Cup
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Jared Kushner-backed luxury resort stokes days of protests in Albania
The so-called "Flamingo Revolution" has taken up the cause of protecting the Albanian coast from a development led by the president's son-in-law.
In France, Hegseth invokes immigration and "invasion" in D-Day remarks
Hegseth's speech echoed broader Trump administration rhetoric over border security and migration in Europe.
Missing Auburn University student in Japan found dead, mother says
James Higginbotham was found dead in a mountainous area outside Kyoto by a volunteer search-and-rescue group, his mother said.
Entertainment
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Entertainment
Patton Oswalt on his new comedy special
Patton Oswalt sits down with "CBS Saturday Morning" to discuss his new special, "Tea & Scotch," and reflect on his comedic journey.
Simon Pegg and Lizzy McAlpine on new film
Simon Pegg and Lizzy McAlpine sit down with "CBS Saturday Morning" to discuss their new film, "Only What We Carry," which was shot in six days and mostly improvised.
Ashley McBryde performs "Ten To Midnight"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Ten To Midnight."
Ashley McBryde performs "Bottle Tells Me So"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "Bottle Tells Me So."
Ashley McBryde performs "What If We Don't"
Grammy-winning country music star Ashley McBryde's latest album, "Wild," draws on her experiences growing up in the Ozarks and her journey to sobriety. Ahead of her summer U.S. tour, here's Ashley McBryde performing "What If We Don't."
Technology
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Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
Anthropic on global pause on AI development
Anthropic is urging a pause in AI development amid growing concerns about future risks, though some experts question the company's motives. Vicky Ge Huang, a reporter for The Wall Street Journal, joins CBS News with more details.
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.
Alarm over computer "worms" created with AI
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
New details on SpaceX IPO plans
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
Science
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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.
Meteor lights up southern Michigan
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
Ancient coin, mysterious markings found under Notre Dame cathedral
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
Crime
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Crime
The Plot to Eliminate Alyssa Burkett
A toxic couple orchestrates an elaborate plan to kill a mother. "48 Hours" correspondent Peter Van Sant reports.
Ex-boyfriend and fiancée behind fatal stabbing, shooting of Texas mom
What appeared to be an open-and-shut case for Texas investigators turned out to be a twisted murder plot involving victim Alyssa Beard's ex-boyfriend Andrew Beard and his fiancée Holly Elkins – who detectives say was the mastermind.
Police give update on shooting near festival
At least 12 people were wounded in a shooting near the Old West End Festival in Toledo, Ohio, officials said Saturday. The Toledo Police Department gave a press briefing on the incident.
L.A. police chase ends in deadly shooting
The freeways of Los Angeles saw two big police pursuits on Friday. The first chase ended when authorities reported that a robbery suspect was shot and killed on the busy 405 Freeway during morning rush hour. In the second incident, an alleged carjacker was taken down by a police K-9 following a meandering three-hour chase. Carter Evans has more.
Marine veteran fights off armed attackers
A Marine veteran was working on his truck in front of his home in Oxon Hill, Maryland, this week, when four teens tried to rob him at gunpoint. That is when his military training kicked in. Tom Hanson reports.
Space
More Space
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.
Blue Origin vows to resume New Glenn launches despite explosion
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
NASA taps 2 companies to develop buggies for its moon base program
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
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
The Plot to Eliminate Alyssa Burkett
A toxic couple orchestrates an elaborate plan to kill a mother. "48 Hours" correspondent Peter Van Sant reports.
Police give update on shooting near festival
At least 12 people were wounded in a shooting near the Old West End Festival in Toledo, Ohio, officials said Saturday. The Toledo Police Department gave a press briefing on the incident.
How fans are feeling ahead of the World Cup
Seattle's Space Needle sported a new look on Saturday, painted like a soccer ball. The city is one of 16 across North America set to host men's World Cup games. Nicole Valdes reports on how die-hard fans are getting ready.
A breakthrough for Type 1 diabetes treatment
A medical breakthrough is showing promise for millions of Americans with Type 1 diabetes. It's an alternative to taking insulin without the injections. Mark Strassmann has more details.
Protests in Albania over Trump family project
Saturday marked the seventh day of protests over a planned luxury resort in Albania linked to Jared Kushner and Ivanka Trump. Activists call it the "Flamingo Revolution." They've adopted the pink bird as a symbol of the wildlife they say will be destroyed if the billion-dollar project goes ahead. Ian Lee has more.