IRS expects to collect billions more in unpaid and overdue taxes
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
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The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
Tax season is officially underway. The Internal Revenue Service says they're anticipating more than 146 million individual tax returns to be filed by the April 15 deadline. CBS News business analyst Jill Schlesinger shares some useful tax tips for filers.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
The IRS has begun accepting tax returns for the 2024 tax season. Starting in March, the agency will offer a free program in 12 states that will let eligible taxpayers directly file with them electronically. Commissioner of the IRS Danny Werfel joined CBS News to discuss the program.
An attorney for an IRS agent sent a letter to lawmakers asking for whistleblower protections, writing his client has information suggesting an investigation is being influenced by "preferential treatment and politics." CBS News has learned it is the Hunter Biden tax investigation. Chief investigative correspondent Jim Axelrod reports.
Sources tell CBS News that the FBI and IRS believe they have found enough evidence to support federal criminal charges against Hunter Biden. Senior investigative correspondent Catherine Herridge reports from Washington.
Hunter Biden pleaded not guilty to federal tax charges Thursday in a Los Angeles courtroom. CBS News senior investigative correspondent Catherine Herridge has the details.
The White House is being pressed on Hunter Biden, who pleaded not guilty to nine federal tax charges Thursday. CBS News chief White House correspondent Nancy Cordes has the latest.
Former President Donald Trump and Hunter Biden, son of President Biden, both spent Thursday in court dealing with separate legal cases that could have serious implications for the 2024 presidential election. CBS News' Robert Costa and Erica Brown report.
Hunter Biden pleaded not guilty to federal tax charges Thursday in Los Angeles. If convicted, he faces up to 17 years in prison. CBS News investigative reporter Erica Brown and criminal defense attorney Joseph Tully break down the next steps in the case.
The IRS says the official start of tax filing season will kick off on Jan. 29 this year, with taxpayers allowed to file until April 15 in most cases. CBS MoneyWatch associate managing editor Aimee Picchi has more on this year's tax schedule.
The IRS expects nearly 129 million individual tax returns to be filed by the April 15 deadline. Here's what you need to know.
The end of the year means it's time to start looking ahead to tax season. Dan Geltrude, certified public accountant, joins CBS News to share steps you can take now to set yourself up for an easier time come April.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
An indictment unsealed late Thursday accuses Hunter Biden, the president's son, of a four-year scheme to avoid paying more than $1 million in taxes to the IRS. CBS News senior investigative correspondent Catherine Herridge reports. Then, former Trump attorney Timothy Parlatore joins to unpack the case.
This week, two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill and new documents were released by the GOP-led House Ways and Means Committee. CBS News senior investigative correspondent Catherine Herridge spoke with the whistleblowers.
Federal prosecutors have charged Hunter Biden, President Biden's son, with nine tax crimes, according to an indictment unsealed Thursday in the Central District of California. CBS News chief political analyst John Dickerson anchors special coverage.
Federal prosecutors have charged Hunter Biden, President Biden's son, with tax crimes in a nine-count indictment. CBS News senior investigative correspondent Catherine Herridge reports.
Two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill this week. CBS News senior investigative correspondent Catherine Herridge has the details.
IRS whistleblowers Gary Shapley and Joseph Ziegler will testify behind closed doors Tuesday before the House Ways and Means Committee about the Justice Department's investigation into the president's son, Hunter Biden. CBS News senior investigative correspondent Catherine Herridge has more.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The $14.5 billion military aid package for Israel passed in the House of Representatives Thursday is not expected to be considered by the Senate. CBS News congressional correspondent Scott MacFarlane reports on what this means for Israeli and U.S. priorities in the Middle East.
The House GOP's proposed bill cuts sets up a battle with the White House and the Senate over how to support Israel.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
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.
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.
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.
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.
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.
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.
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."
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.
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 look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
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.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Darline Graham indicated in a White House meeting Thursday that she's weighing a bid, CBS News confirmed.
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.
President Trump delivered a speech on election security Thursday night at the White House. Here are the facts behind some of his claims.
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.
"Healthful with Norah O'Donnell" launches July 22.
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.
Andy Burnham was officially declared leader of Britain's governing Labour Party, clearing his final hurdle to taking office as prime minister next week.
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.
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.
Antioch, Illinois, mother Jennifer Bos voiced her support for Todd Blanche at his confirmation hearing to become attorney general. Bos advocates for stricter immigration policy after her daughter was allegedly murdered by an illegal immigrant.
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.
A spokesman for the Chinese Ministry of Foreign Affairs denied President Trump's claims of election interference in the 2020 election. CBS News foreign correspondent Anna Coren reports.
Jonathan Wachtel, a global affairs analyst and a former spokesperson for the U.S. Mission to the United Nations, joins to discuss where negotiations stand as the U.S. and Iran continue to exchange attacks for the sixth night in a row.
Homeland Security Secretary Markwayne Mullin claims that there are 250,000 noncitizens registered to vote in the U.S. CBS News' Nicole Sganga has more.
President Trump spoke extensively about election integrity during his primetime speech, alleging, without evidence, that China intervened in the 2020 election. CBS News executive director of elections and surveys Anthony Salvanto breaks down the latest polling on what Americans believe.
Homeland Security Secretary Markwayne Mullin spoke about election security a day after President Trump claimed during his primetime address that China interfered in the 2020 election. CBS News' Jake Rosen joins to discuss Mullin's remarks.