Tipped workers could soon get a new tax break. Here's what to know.
The GOP tax and spending bill creates a tax deduction for workers in tipped occupations. Here's what to know.
Internal Revenue Service
Average tax refund is nearly 11% higher so far this year, IRS data shows
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
A new tax break on auto loan interest may help 4 million car owners
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
How to get a bigger refund this tax season
Tax season is underway as the IRS is now accepting and processing returns for 2025. This year there are several new credits and deductions available. CBS News business analyst Jill Schlesinger explains. (Sponsored by Edward Jones)
Tax season is here — don't fall for these common scams
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Tax season is officially underway. Here's when you'll get your refund in 2026.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
Feds yank contracts with Booz Allen Hamilton after Trump tax leak
Treasury Department ends contracts with consulting firm Booz Allen Hamilton after a former contractor leaked tax returns, including info for President Trump.
Are you a homeowner? See which tax deductions you might qualify for.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
U.S. Treasury Secretary pushes for Minnesota fraud crackdown
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
IRS says tax returns can be filed starting Jan. 26. Here's what to know.
Taxpayers can start filing their 2025 tax returns on Jan. 26, 2026, the IRS says.
IRS whistleblowers release book on Hunter Biden case
In 2023, two IRS employees came forward and alleged the Justice Department was improperly handling the tax fraud case against Hunter Biden. Now, they have a new book out called "The Whistleblowers vs. The Big Guy." Whistleblower Joseph Ziegler joins to discuss.
Your tax refund could be $1,000 higher in 2026. Here's why.
The impact of the Republicans' tax and spending law could result in the "largest refund season of the last decade," a Wall Street report says.
The IRS is raising your 401(k) and IRA contribution limits for 2026
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
Incoming IRS criminal chief shares his credo
Incoming IRS criminal chief Gary Shapley, an IRS supervisor who oversaw the Hunter Biden investigation, told CBS News in an interview that he won't bow to pressure if the Trump administration calls for investigations into political enemies. Jim Axelrod reports.
IRS worker opens hot dog stand amid shutdown
As the government shutdown drags on, some federal employees have taken on second jobs to make ends meet. Issac Stein, a furloughed IRS employee, joins CBS News to discuss how he came to own and operate a hot dog stand in downtown Washington, D.C.
Tax extension filings still due on Oct. 15 despite government shutdown
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
IRS releases income tax brackets and standard deductions for 2026
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
Social Security chief Frank Bisignano also named CEO of the IRS
Treasury Secretary Scott Bessent said Bisignano will continue to lead the Social Security Administration while also taking on the new IRS role.
Budget law provision draws gambler backlash
While gambling in the U.S. has skyrocketed in recent years, some professional bettors may be ready to fold over their displeasure with a provision in President Trump's tax and spending law. Professional poker player Phil Galfond joins "The Takeout" to discuss his concerns.
Former officials say DOGE sought sensitive data
When DOGE staff allegedly pushed for sweeping access to private data, former officials raised alarms. Jo Ling Kent spoke to two former insiders at the Internal Revenue Service and Consumer Financial Protection Bureau.
Billions in taxes are never collected
About 15% of taxes every year aren't collected, the IRS estimates. Here’s what makes up that "tax gap" -- and how simply auditing more wealthy people could fill it.
Bessent on Americans' personal data
Treasury Secretary Scott Bessent dodged questions from Rep. Lloyd Doggett about the Trump administration's efforts to revoke Harvard University's tax exemption. Doggett also pressed Bessent at a House Ways and Means Committee hearing on allegations that the IRS is releasing the personal information of millions of Americans to the Department of Government Efficiency.
Mail Order Ministers
"I'm a con man." That's what Rev. Kirby Hensley told Morley Safer as he explained the Universal Life Church he founded. The church has ordained millions of people and helped start thousands of churches -- all for the price of a postage stamp. But its tax-exempt status also raised eyebrows at the IRS.
Income Tax
Americans are appalled by the size of their taxes, but not Andy Rooney. He's appalled by the size of the tax form.
Retired IRS agent gets 12 years for scamming elderly California woman out of life savings
A retired IRS agent from Southern California has been sentenced to state prison after she was convicted of defrauding an elderly San Francisco Bay Area woman out of $1 million in life savings.
Exclusive
U.S. Air Force VIP fleet being repainted in Trump's preferred palette, sources say
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Police arrest man running toward Capitol with shotgun, wearing tactical vest
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
No DNA match in database from gloves found during Nancy Guthrie search
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
4 dead in crash on Colorado highway involving dozens of vehicles, State Patrol says
The Colorado State Patrol says four people were killed in a crash on I-25 south of Pueblo involving at least 30 vehicles during what are being called "brownout" conditions with low visibility on Tuesday morning.
Bayer proposes $7.2 billion settlement to resolve weedkiller cases
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Rhode Island hockey game shooting victims identified as family members
Police in Pawtucket, Rhode Island said they are still searching for motive following Monday's deadly mass shooting at a high school hockey game, but said it was an attack targeting family members.
Tricia McLaughlin, top Homeland Security spokeswoman, leaving her post
Tricia McLaughlin, the Department of Homeland Security's top spokeswoman, is leaving her post next week, two U.S. officials familiar with her plans told CBS News.
Anderson Cooper to depart "60 Minutes" at end of season
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
U.S.
More U.S.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Trump blames D.C., Maryland and Virginia for massive Potomac River sewage spill
President Trump and Maryland Gov. Wes Moore are feuding over who's responsible for addressing one of the largest sewage spills in U.S. history.
Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
20% of U.S. jobs are highly vulnerable to automation, economists say
More than half of jobs in manufacturing and transportation could be automated over the next 20 years, according to Oxford Economics.
Man arrested running toward Capitol with shotgun, police say
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
MoneyWatch
More MoneyWatch
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
20% of U.S. jobs are highly vulnerable to automation, economists say
More than half of jobs in manufacturing and transportation could be automated over the next 20 years, according to Oxford Economics.
Bayer proposes $7.2 billion settlement to resolve weedkiller cases
Germany's Bayer has faced thousands of lawsuits after buying Roundup maker Monsanto in 2018 for $63 billion.
Warner Bros. Discovery restarts takeover talks with Paramount Skydance
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Why athleisure giant Lululemon is losing momentum
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Politics
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Trump blames D.C., Maryland and Virginia for massive Potomac River sewage spill
President Trump and Maryland Gov. Wes Moore are feuding over who's responsible for addressing one of the largest sewage spills in U.S. history.
Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Man arrested running toward Capitol with shotgun, police say
U.S. Capitol Police that the individual was in custody and that there did not appear to be other suspects or an ongoing threat.
Exclusive
U.S. Air Force VIP fleet being repainted in Trump's preferred palette, sources say
The Kennedy-era robin's egg blue that's currently on the planes is being updated to navy, red and gold.
Hillary Clinton alleges Epstein files "cover-up" by Trump administration
"There's something about this administration's attitude toward this, which I think really leads us to conclude they have something to hide," she told the BBC.
HealthWatch
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FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
World
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Belgium accuses U.S. envoy of disinformation for antisemitism claim
Belgian authorities call the U.S. ambassador's intervention in the case of three Jewish religious figures "dangerous disinformation."
Epstein survivor tells CBS News how she was trafficked, and assaulted
Juliette Bryant says not long after meeting Jeffrey Epstein, he assaulted her, and she realized, "this is not a modeling opportunity, I've been kidnapped."
Iran calls talks with U.S. "more constructive" as Trump's threat looms
Iran and the U.S. traded threats and warnings even as negotiators sat down to discuss a deal to avert a war, but Tehran says "we now have a clearer path ahead."
Russia hammers Ukraine again as U.S. brokers 3rd round of peace talks
The U.S. is brokering a 3rd round of Russia-Ukraine talks, but there's little hope of a breakthrough to end the deadliest war on European soil in 80 years.
Bobsledder Elana Meyers Taylor, 41, wins gold in 5th Olympic appearance
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Entertainment
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Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Anderson Cooper to depart "60 Minutes" at end of season
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Oscar-winning actor Robert Duvall dies at 95
Oscar-winning actor Robert Duvall died on Sunday at the age of 95. Duvall starred in classics like "The Godfather" and "Apocalypse Now." Vladimir Duthiers looks back at his career.
Robert Duvall dies at 95
Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall, Oscar winner who starred in "The Godfather," dies at age 95
Robert Duvall was in such classics as "The Godfather," "To Kill a Mockingbird," "M*A*S*H," "The Great Santini" and "Tender Mercies."
Technology
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Technology
Potential impacts of AI
Matt Shumer joins "CBS Mornings" to discuss his now viral article, "Something Big Is Happening." He writes that AI's "capability for massive disruption could be here by the end of this year." Shumer explains why he wrote the article, and his message to concerned readers.
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
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.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Science
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How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Crime
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Crime
Georgia school shooting survivors testify
Survivors of the 2024 Apalachee High School shooting took to the stand Tuesday in the trial of Colin Gray, the father of the suspected gunman, who is accused of buying the gun and ammunition allegedly used during the attack. CBS News correspondent Skyler Henry reports.
Rhode Island shooting victims identified
Officials on Tuesday gave an update on Monday's shooting at a high school hockey game in Rhode Island. At least two people died; the suspect is also dead, officials say.
No DNA match in database from gloves found during Nancy Guthrie search
The DNA profile was recovered from gloves found during the investigation into the disappearance of Nancy Guthrie in Arizona.
Pawtucket hockey game shooting victims identified as family members
Police in Pawtucket, Rhode Island said they are still searching for motive following Monday's deadly mass shooting at a high school hockey game, but said it was an attack targeting family members.
"Signal sniffer" deployed in Guthrie search
Investigators deployed a "signal sniffer" device to help pinpoint Nancy Guthrie's location using her pacemaker as the search for the mother of "Today" host Savannah Guthrie enters its third week. CBS News' Jonathan Vigliotti has more.
Space
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Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
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
Georgia school shooting survivors testify
Survivors of the 2024 Apalachee High School shooting took to the stand Tuesday in the trial of Colin Gray, the father of the suspected gunman, who is accused of buying the gun and ammunition allegedly used during the attack. CBS News correspondent Skyler Henry reports.
Explosion at church in central New York
A fiery explosion ripped through a church in Boonville, New York, on Tuesday. CBS News correspondent Shanelle Kaul has the latest.
Rhode Island shooting victims identified
Officials on Tuesday gave an update on Monday's shooting at a high school hockey game in Rhode Island. At least two people died; the suspect is also dead, officials say.
Average tax refund nearly 11% higher than 2025
Taxpayers are seeing bigger refunds so far this year thanks to new tax provisions signed into law by President Trump last summer. The latest IRS data shows the average refund so far this year is up nearly 11% from the same time last year.
Bishop William Barber remembers Jesse Jackson
Bishop William Barber II is the co-chair of the Poor People's Campaign and was a friend and mentee of Jesse Jackson. He joined CBS News to discuss Jackson's life.