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.
Internal Revenue Service
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.
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.
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.
IRS has lost 31% of its auditors after DOGE cuts, report says
The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government watchdog finds.
Report: IRS down almost a third of its workers
A new watchdog report from the Treasury Department reveals the Internal Revenue Service has lost almost a third of its tax auditors. The cuts are a result of the Trump administration's efforts to trim the federal workforce through its Department of Government Efficiency, or DOGE. CBS News MoneyWatch associate managing editor Aimee Picchi has more.
Direct File, which saves taxpayers money, may be shut down. Here's why.
Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.
White House losing patience over Ukraine peace talks
The Trump administration said the clock is ticking to reach a ceasefire agreement in the war in Ukraine. CBS News White House reporter Olivia Rinaldi has more.
Hunter Biden whistleblower out as IRS commissioner after 2 days
Gary Shapley — who became famous after speaking out about alleged political influence in the Hunter Biden tax probe — is out as IRS director after just two days, following an internal struggle involving Elon Musk.
Can IRS remove Harvard's tax-exempt status?
Harvard University's battle with the Trump administration escalated to a new level this week. The Internal Revenue Service is now considering revoking the school's tax-exempt status. CBS News national correspondent Nikki Battiste reports.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Trump launches Board of Peace, Zelenskyy announces U.S.-Russia-Ukraine talks
President Trump signed the founding charter of his Board of Peace without major U.S. allies on Thursday then met with Ukraine's President Zelenskyy.
Exclusive
Magistrate judge rejects charges against Don Lemon over church protest
The Justice Dept. suggested independent journalist Don Lemon could be charged after he was seen in video of a protest inside a church in St. Paul on Sunday.
Maps show where winter storm threatens to bring snow, brutal cold this weekend
Heavy snow, ice and brutal cold are expected to make this winter storm a potentially life-threatening weather event for 35 states.
Jack Smith defends handling of Trump probes in first public testimony
Jack Smith, the former special counsel who oversaw two criminal investigations into President Trump during the Biden administration, testified publicly for the first time.
House approves final funding measures, sending package to Senate
The House approved the final legislation needed to fund the government through September, sending a package of bills to the Senate.
Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
House votes down latest war powers resolution to block Trump in Venezuela
The failed vote comes a week after the White House peeled off GOP support for a similar measure in the Senate.
U.S.
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Judge skeptical of Trump's arguments he has proper authority to build ballroom
A historic preservation nonprofit is trying to block ongoing construction of Trump's new White House ballroom.
Former Des Moines superintendent pleads guilty to falsely claiming citizenship
Ian Roberts, the former Des Moines superintendent, has pleaded guilty in federal court to falsely claiming U.S. citizenship and illegally possessing firearms.
Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
MoneyWatch
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Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
General Motors to move Buick Envision SUV production from China to U.S.
GM and other automakers have committed to expand their U.S. manufacturing since the Trump administration imposed tariffs on foreign-made vehicles.
Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
Politics
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Judge skeptical of Trump's arguments he has proper authority to build ballroom
A historic preservation nonprofit is trying to block ongoing construction of Trump's new White House ballroom.
U.S. completes withdrawal from World Health Organization
One year after President Trump announced it, the U.S. has finalized its withdrawal from the World Health Organization. Infectious disease experts call the decision "scientifically reckless."
White House posts an altered photo of Minnesota protester's arrest
The image, which an expert said was likely altered with AI, sparked backlash online. The White House doubled down, saying, "The memes will continue."
TikTok finalizes deal with China to avoid U.S. ban, White House official says
A year ago, a law that effectively banned TikTok in the U.S. went into effect, though President Trump has not enforced it.
OMB seeks list of federal funding for 14 blue states and D.C., documents show
The Office of Management and Budget is seeking data about federal funding to 14 states and localities led by Democrats, including information from universities, and nonprofits within those states.
HealthWatch
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Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
World
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U.S. completes withdrawal from World Health Organization
One year after President Trump announced it, the U.S. has finalized its withdrawal from the World Health Organization. Infectious disease experts call the decision "scientifically reckless."
Accused crime boss "El Botox" arrested in murder of lime growers' leader
Officials said there were 11 arrest orders for "El Botox" for extortion and homicide. He was accused of attacking authorities with explosives.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
House votes down latest war powers resolution to block Trump in Venezuela
The failed vote comes a week after the White House peeled off GOP support for a similar measure in the Senate.
What's in Trump's "ultimate long-term deal" on Greenland?
Trump dropped threats to seize Greenland by force and hit allies who oppose a U.S. takeover with tariffs, claiming a deal will give the U.S. what it needs.
Entertainment
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Entertainment
Jessica Williams talks new "Shrinking" season
Jessica Williams joins "CBS Mornings" to discuss the upcoming season of "Shrinking," which follows a therapist as he navigates life after the loss of his wife. She talks about her character, how her own mental health helps shape the role, and working with Michael J. Fox and Harrison Ford.
Breaking down Oscar nominations
The nominees for the 98th Academy Awards have been revealed. Fandango and Rotten Tomatoes correspondent Erik Davis breaks down the major Oscar categories.
2026 Academy Award snubs and surprises: Who did Oscar leave out?
Among the names missing when the 98th Academy Award nominations were announced were Ariana Grande, George Clooney, Paul Mescal, Denzel Washington, and anyone associated with "Wicked: For Good."
Sundance Film Festival opens for its final year in Park City
The celebrated Sundance Film Festival, opening Thursday in Park City, Utah, includes films starring Natalie Portman, Olivia Wilde, Seth Rogen and Charli XCX, plus a wide range of documentaries.
Oscar nominations for 2026 announced. See the full list of nominees here.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
Technology
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Microsoft investigating outage affecting Microsoft 365, Outlook
Microsoft services are down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
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Science
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Crime
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Crime
ICE memo on searches without judicial warrant
A whistleblower complaint revealed that an internal ICE memo authorizes officers to enter homes in some instances without a judicial warrant. CBS News' Camilo Montoya-Galvez explains.
Accused crime boss "El Botox" arrested in murder of lime growers' leader
Officials said there were 11 arrest orders for "El Botox" for extortion and homicide. He was accused of attacking authorities with explosives.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
Minnesota corrections official on allegations
The commissioner of the Minnesota Department of Corrections, Paul Schnell, is denying allegations from the Trump administration about dangerous criminals. CBS News' Nicole Sganga reports.
Former Uvalde school officer acquitted
Adrian Gonzales, a former Uvalde school police officer, was acquitted of 29 counts of child abandonment or endangerment over his response during the Robb Elementary School shooting in Texas. CBS News' Omar Villafranca reports.
Space
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Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
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Notable Deaths in 2025
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
Comparing administrative and judicial warrants
CBS News has obtained a memo telling ICE agents that they can forcefully enter a home without a judicial warrant in certain instances. CBS News legal contributor Jessica Levinson joins with analysis.
PETA suggests 3D hologram for Groundhog Day
Groundhog Day is just around the corner, and PETA is again trying to offer up an alternative to Punxsutawney Phil. "CBS Evening News" anchor Tony Dokoupil has the story.
U.S. and China sign off on TikTok deal
A year after a law that effectively banned TikTok from the U.S. went into effect, China and the U.S. have signed off on a deal, according to a White House official. Kelly O'Grady explains.
Ukraine's power plants damaged by Russian strikes
Energy workers in Ukraine endure freezing temperatures and frozen pipes to repair damage caused by Russian strikes. With temperatures far below freezing, warming centers have become a lifeline across the country. Imtiaz Tyab has more.
Trump officials unveil plans to redevelop Gaza
President Trump launched the Board of Peace on his final days in Davos for the World Economic Forum. As Ed O'Keefe reports, its mission is the redevelopment of the Gaza Strip.