How you, too, can claim Donald Trump-like tax deductions
You may not have a billion-dollar loss to wipe out years of income taxes, but you can use the same tax provision Trump did
Internal Revenue Service
USA Inc.: How government is embracing privatization
Federal and local agencies are hiring for-profit businesses to handle public services -- critics say it’s backfiring
How to maximize your business-use-of-a-car tax deduction
This is particularly apt for the 2016 tax year because the IRS has lowered its standard mileage rate by 3.5 cents per mile
Contractor or employee: What's the difference?
If you're a small-business owner, you’ll definitely want to know how the IRS comes down on this decision
How to negotiate this gateway to college aid
The Free Application for Federal Student Aid form is a key step on the path to paying for school -- so don't get tripped up
Republican deal averts vote on impeaching head of IRS
Conservative Freedom Caucus accused John Koskinen of obstructing a probe into the treatment of tea party groups seeking tax breaks
Can fans of rapper Nelly help ease his tax woes?
Spin magazine is urging them to stream his tracks -- hundreds of millions of times -- to generate needed royalty cash
Trump paid a penalty to the IRS this year over a political donation
“I call them, and they are there for me,” he has said about the impact of his past campaign donations on politicians
Trump paid a penalty to the IRS this year over a political donation
Trump's charitable organization paid the fine after it had been revealed that it erroneously reported political donations in its 2013 tax filings
Louisiana flood victims catch a break from the IRS
The agency is relaxing its rules on withdrawals and loans from retirement accounts, but that should be a “last resort”
The IRS learns to be more flexible about IRA rollovers
The agency will now grant waivers if you miss the 60-day deadline for moving that money into another retirement account
Should that Olympic gold medal be tax deductible?
For most U.S. workers, Uncle Sam gets a cut at bonus time, but there's an argument athletes should be treated differently
"Unusual" accounting: Inside a Trump business audit
NYC audit of a 1980s hotel venture gives a rare glimpse into how a Donald Trump business operates
Here's an easy way to avoid an IRS tax audit
While the overall number of audits has fallen, that drop is particularly notable for one group of taxpayers
IRS scammers top list of worst consumer complaints
Con artists pretending to be IRS agents among the ploys being used to defraud people, annual survey finds
How pot businesses are getting smoked by high taxes
Is the Internal Revenue Service targeting the legalized marijuana industry with additional scrutiny?
When retirees are forced to make withdrawals
Hitting age 70 1/2 means you have no choice: You must start pulling money from your tax-deferred accounts -- but how much?
"Chewbacca mom" gets free gifts, may need tax advice
There's a dark side to the generosity the viral video star has received: It's the IRS
A Memorial Day thanks: Tax benefits for the military
Here are some of the unique provisions the IRS makes available to the men and women serving in America's Armed Forces
The tricky timing of 529 savings account withdrawals
Making the most of this tax-free education savings plan involves an issue that the IRS hasn't yet taken a solid stand on
5 ways Donald Trump's tax returns could spook voters
They could show how much (or little) he pays, how rich he really is or reveal some not-so-flattering financial details
Still not ready to file your tax return? Do this now
Yes, you can file an extension for more time to submit your return, but that's often not enough to avoid penalties
What are your chances of an IRS audit?
The federal agency in charge of collecting taxes is not only answering the phone less, its enforcement is also down
Why the 2016 personal tax deadline was moved to April 18
Most people know April 15 as the deadline for submitting personal tax returns, but this is not always the case -- including this year
A final checklist for last-minute tax filers
Attention tax-time procrastinators, these tips will help you avoid mistakes as you race to file by April 18
What's wrong with Congress?
Lawmakers have ceded much of their authority to the president – and Washington has been plagued by gridlock.
Live
U.S. concludes 8th night of strikes on Iran after Iranian attack kills 2 U.S. soldiers
In addition to the two U.S. service members killed, a third is missing in action, U.S. Central Command said.
Homan says "I think body cameras are the way to go" after ICE shootings
White House border czar Tom Homan said "I think body cameras are the way to go" after fatal shootings by federal immigration officers in Texas and Maine earlier this month.
Russian attacks on Ukrainian cities kill 6 and expose defense gaps
One person was killed and 16 others wounded in the overnight Russian attack on Kyiv, local authorities said.
U.S. citizen who was trapped in Iran for a year is home, lawyer says
A U.S.-Iranian woman who was trapped in Iran on allegations of espionage and collaborating with a hostile state that her attorney called "bogus" departed the country earlier this week.
Body found at Boston home owned by husband of Rep. Ayanna Pressley
Boston police are investigating the discovery Saturday of a dead body that was found at a property that is owned by the husband of Congresswoman Ayanna Pressley.
Trump invites Mexico's president to World Cup final amid trade tensions
It will be the first meeting between President Trump and Sheinbaum since December after months of verbal sparring. Canadian Prime Minister Mark Carney is also expected to attend.
Social media influencers Andrew and Tristan Tate arrested in Miami
Influencer brothers Andrew and Tristan Tate have been arrested by federal authorities Saturday in Miami.
Mark Warner says he'll vote against Trump pick Jay Clayton as DNI
Sen. Mark Warner said he'll vote against Jay Clayton as director of national intelligence, citing disappointment in his testimony at a confirmation hearing last week despite his previous optimism about the nominee.
U.S.
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Mark Warner says he'll vote against Trump pick Jay Clayton as DNI
Sen. Mark Warner said he'll vote against Jay Clayton as director of national intelligence, citing disappointment in his testimony at a confirmation hearing last week despite his previous optimism about the nominee.
2026 FIFA World Cup final between Spain and Argentina kicks off Sunday
Spain and Argentina will compete in the 2026 FIFA World Cup final at MetLife Stadium in New Jersey on Sunday.
Homan says "I think body cameras are the way to go" after ICE shootings
White House border czar Tom Homan said "I think body cameras are the way to go" after fatal shootings by federal immigration officers in Texas and Maine earlier this month.
Judge Ronald Gould on his MS: "Just take life a step at a time"
At 79, Ronald Gould, a federal judge on the Ninth Circuit Court of Appeals in Seattle, shoulders a full caseload despite living with progressive multiple sclerosis – a condition he faces with grit and a healthy dose of humor.
Pitch perfect: Developing natural grass for the World Cup
FIFA rules state that World Cup matches must be played on natural grass. For this year's tournament, scientifically-engineered sod (that can withstand playing conditions and differing climates) was deployed in stadiums with artificial turf.
MoneyWatch
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Target recalls over 200,000 children's sandals due to choking risk
Target said it received 23 reports of the sandal's pearls falling off the shoe.
DOJ says it's no longer illegal to download TikTok on federal devices
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
Taylor Farms pulls iceberg lettuce linked to cyclosporiasis outbreak
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Boomer wealth transfer will mostly benefit the already rich, report finds
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.
Coca-Cola temporarily halts production of Fairlife milk after cyberattack
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
Politics
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Mark Warner says he'll vote against Trump pick Jay Clayton as DNI
Sen. Mark Warner said he'll vote against Jay Clayton as director of national intelligence, citing disappointment in his testimony at a confirmation hearing last week despite his previous optimism about the nominee.
Transcript: Chris Krebs and David Becker on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with CBS News contributors Chris Krebs and David Becker that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Homan says "I think body cameras are the way to go" after ICE shootings
White House border czar Tom Homan said "I think body cameras are the way to go" after fatal shootings by federal immigration officers in Texas and Maine earlier this month.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the full transcript of an interview with Bank of America CEO Brian Moynihan, a portion of which aired on "Face the Nation with Margaret Brennan" on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
HealthWatch
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HealthWatch
Judge Ronald Gould on persevering despite his MS
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Ted Danson with 4 tips on aging creatively
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
Healthcare costs associated with aging out of reach for many Americans
One New York couple depleted their retirement and savings accounts, paying out-of-pocket for healthcare, before they were able to access Medicaid funds.
Healthcare out of reach for many aging Americans
One New York couple depleted their retirement and savings accounts, paying out of pocket for healthcare before they were able to access Medicaid funds. They are among many Americans facing the same challenges. Jericka Duncan has the story.
Outbreak sparks race to remove contaminated lettuce
A cyclospora outbreak, which has sickened thousands of people nationwide, is believed to have been traced to contaminated lettuce from Mexico supplied by produce giant Taylor Farms. Ian Lee has the latest.
World
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2026 FIFA World Cup final between Spain and Argentina kicks off Sunday
Spain and Argentina will compete in the 2026 FIFA World Cup final at MetLife Stadium in New Jersey on Sunday.
Transcript: Chris Krebs and David Becker on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with CBS News contributors Chris Krebs and David Becker that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with Sen. Mark Warner, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: New York Gov. Kathy Hochul on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the transcript of an interview with New York Gov. Kathy Hochul, a Democrat, that aired on "Face the Nation with Margaret Brennan" on July 19, 2026.
Transcript: Bank of America CEO Brian Moynihan on "Face the Nation with Margaret Brennan," July 19, 2026
The following is the full transcript of an interview with Bank of America CEO Brian Moynihan, a portion of which aired on "Face the Nation with Margaret Brennan" on July 19, 2026. Editor's note: This interview was taped on July 16, 2026.
Entertainment
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Sam Smith and the "gentle revolution" of "My Guy"
Rolling Stone writer Barry Walters, author of the music history "Mighty Real," says the latest ballad by British singer Sam Smith is a step forward from LGBTQ love songs being marginalized.
Sam Smith and the "gentle revolution" of "My Guy"
Rolling Stone writer Barry Walters, author of the music history "Mighty Real," says the latest ballad by British singer Sam Smith is a step forward from LGBTQ love songs being marginalized.
"Stuart Fails to Save the Universe": Comedy that breaks the rules (and the multiverse)
A new HBO Max comedy series – a spin-off from "The Big Bang Theory" – features comic book store owner Stuart Bloom (Kevin Sussman) as an unlikely action hero trying to restore order to a disintegrating universe. Luke Burbank talks with Sussman, co-star Lauren Lapkus, and series creators Chuck Lorre, Bill Prady and Zak Penn, about taking "The Big Bang Theory" characters into uncharted worlds.
Shania Twain on her "very long road" to getting it right
Throughout family hardships, divorce, and losing her voice to Lyme disease, Shania Twain became the top-selling female country artist of all time. She talks about her biographical new album, "Little Miss Twain," in which she reflects on her life with a smile.
Extended interview: Shania Twain
In this web exclusive, singer-songwriter Shania Twain, then performing at Wembley Stadium in London, talked with correspondent Seth Doane about the cathartic experience of creating her autobiographical new album, "Little Miss Twain."
Technology
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Technology
cbs-mornings-deals-071826
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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.
Erin Brockovich on data center regulation
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.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
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.
Science
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Science
Wildfire smoke continues to shroud U.S.
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.
How AI data centers impact the environment
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.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
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.
Crime
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Boxer Hannah Rapp struck and killed in Texas; driver arrested
Deputies in Brazos County have arrested Charles Medina, 31, charging him with manslaughter.
Searching for Maya Millete
A young mother disappears. Investigators say her husband contacted spellcasters to put a hex on his wife so she wouldn't leave him. "48 Hours" contributor Jonathan Vigliotti reports.
Where's Maya Millete? Family, friends continue search for missing California mom
A California mother disappears without a trace – did her husband try to have a hex put on her so she wouldn't leave him?
Feeding Our Future fraud ring's alleged No. 2 appears in court after Somalia arrest
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
Agent in ME shooting has violent record: AP
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.
Space
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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.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Becker on election officials' arrest threats
CBS News contributors David Becker and Chris Krebs joined "Face the Nation with Margaret Brennan" in the wake of President Trump's primetime speech last week accusing China of accessing election data. Meanwhile, Homeland Security Secretary Markwayne Mullin said that if election officials do not secure elections, they could face fines or "depending on how far it goes, prison time." Becker said "hardly a week goes by where someone in this administration doesn't threaten election officials with arrest … it's become almost a running joke."
Homan: "Body cameras are the way to go"
Amid questions about immigration agents' actions in deadly shootings this month in Texas and Maine, Trump administration border czar Tom Homan told "Face the Nation with Margaret Brennan" that "I think body cameras are the way to go," adding that body cameras "let the American people know what that officer sees when he takes that action."
Face the Nation: Hochul, Homan, Moynihan
Missed the second half of the show? New York Gov. Kathy Hochul, White House border czar Tom Homan and Bank of America CEO Brian Moynihan join the show.
Moynihan: "Affordability is a challenge"
Bank of America CEO Brian Moynihan told "Face the Nation with Margaret Brennan" that he has been hearing from customers that "affordability is a challenge" amid rising gas and food prices and inflation, but he added that "in the last couple months, we're seeing the wage growth of all income cohorts kind of coalesce together around 3 to 4% which is good."
Sen. Warner: Bases "on and off under attack"
In the wake of the deaths of two U.S. service members over the weekend at a Jordanian military base, Democratic Sen. Mark Warner of Virginia told "Face the Nation with Margaret Brennan" that "these bases have been on and off under attack" since the beginning of the war of Iran, which he described as a "war of choice."