Here's how much the new "no tax on tips" deduction could save you
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
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Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
The GOP tax and spending bill creates a tax deduction for workers in tipped occupations. Here's what to know.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
The U.S. government is sending notices to borrowers who may have defaulted on student loans. CBS News' Jill Schlesinger breaks down how your wages and tax returns could be at stake.
President Trump suffered another legal setback in his battle to keep his tax returns private. An appeals court ruled the president's tax returns cannot be kept from state investigators. Paula Reid has the latest.
One day after choosing Congressman Paul Ryan as his running mate, presidential candidate Mitt Romney and Rep. Ryan sit down for an interview with CBS News' Bob Schieffer
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.
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.
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.
Trump pledges to fight Congressional subpoenas; Joe Biden to launch presidential campaign
Talks between Trump and Dems breaks down; Author Tony Schwartz on 'The Takeout'.
The tax filing deadline for most Americans is April 15. Pratik Patel, head of family wealth strategies for BMO Family Office, joined CBS News with some helpful advice to avoid common filing mistakes.
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.
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.
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.
A first-of-its-kind study finds strong correlations between married couples' name order, their finances and social views.
After years of abject performance, the tax agency is finally making significant strides — no, really.
An attorney for an IRS supervisor is looking to get whistleblower protections for his client, who CBS News has learned is part of the federal investigation into Hunter Biden's tax returns. CBS News chief investigative correspondent Jim Axelrod has more.
The Bidens earned a total of $579,514 and paid $169,820 in total federal and state taxes.
April 18 is the IRS deadline to file your 2022 tax returns. Certified public accountant and founder of Geltrude and Company, Dan Geltrude, discusses filing tips and what to do with your refund with CBS News' Anne-Marie Green and Vladimir Duthiers.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Americans shell out billions of dollars to prepare and file their tax returns. Here's how to do it without spending a dime.
Alicia Jegede, a CPA and founder of New Gen Financial Planning, discussed the potential benefits and drawbacks of married couples filing their taxes separately and jointly.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement here.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
U.S. allies and adversaries responded to the joint attacks by the U.S. and Israel on Iran with concern over the risks of a new war in the Middle East.
President Trump launched military strikes on Iran after several rounds of talks over the country's nuclear program and uranium stockpiles. Here's what to know about the nuclear program.
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Hours before Anthropic CEO Dario Amodei's interview, Defense Secretary Pete Hegseth deemed the AI company a "supply chain risk to national security," which restricts military contractors from doing business with Anthropic.
For Buddy Wiggins of Honolulu, Hawaii, the end result of a yearslong sports gambling addiction has come to this: soliciting strangers on the beach.
Renee Good's family said they spent agonizing "hours in limbo," unsure of the details surrounding her fatal shooting by a U.S. Immigration and Customs Enforcement officer in Minneapolis last month.
Conspiracy theories about the Epstein files have racked up millions of views on social media. Here's what to know about 10 of the most viral claims.
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
In his new memoir, the former CEO of Goldman Sachs writes about a life that stretched from the projects of New York City to the pinnacle of Wall Street.
"If somebody charges you something and it's unlawful, they should give you your money back," Dame CEO Alexandra Fine said.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
Anthropic CEO Dario Amodei sat down with CBS News for an exclusive interview Friday, hours after Defense Secretary Pete Hegseth declared the company a supply chain risk to national security.
A Democratic primary in a GOP held Texas congressional district is seeing major money ahead of polls closing in the March 3 contest.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
U.S. allies and adversaries responded to the joint attacks by the U.S. and Israel on Iran with concern over the risks of a new war in the Middle East.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
The Israel Defense Ministry said in a statement that it launched the strike because it was expecting "a missile and drone attack" from Iran "in the immediate future."
Neil Sedaka, the singer and songwriter behind such hits as "Breaking Up is Hard to Do," "Calendar Girl," and "Love Will Keep Us Together," died on Friday, Feb. 27, 2026 at age 86. In this 2020 "Sunday Morning" story, David Pogue talked with Sedaka – as well as Valerie Simpson (of Ashford & Simpson), author John Seabrook, and producer Oak Felder – about the elements that go into writing a hit song.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
In his memoir, the Tony Award-winning composer of such hits as Broadway's "Hairspray" writes of his half-century in show business, which grew in part from his youthful worship of Bette Midler - an adoration that would grow into a collaboration.
For Oscar-winning composer Ludwig Goransson, creating the score for "Sinners" was a challenge, explaining he had to find his "voice within the blues." He describes his unlikely personal connection to the music and how he met the film's director.
"Scream" writer and creator Kevin Williamson describes his passion for horror films and being asked to direct a "Scream" movie for the first time, at the request of one of the returning stars. Natalie Morales reports.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
In an exclusive interview with CBS News, Anthropic CEO Dario Amodei said that the Pentagon's decision to designate the AI company a supply chain risk is "retaliatory and punitive." The Pentagon made the designation, which restricts military contractors from doing business with Anthropic, after the company refused to give the military unfettered access to its AI model.
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.
Anthropic CEO Dario Amodei sat down with CBS News for an exclusive interview, hours after Defense Secretary Pete Hegseth declared the company a supply chain risk to national security, which restricts military contractors from doing business with the AI giant. Amodei called the move "retaliatory and punitive," and he said Anthropic sought to draw "red lines" in the government's use of its technology because "we believe that crossing those lines is contrary to American values, and we wanted to stand up for American values."
Anthropic CEO Dario Amodei said in an exclusive interview with CBS News that the AI company sought to draw "red lines" in the government's use of its technology because "we believe that crossing those lines is contrary to American values, and we wanted to stand up for American values." He added: "Disagreeing with the government is the most American thing in the world."
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
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.
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.
Former President Bill Clinton is being deposed by members of the House Oversight Committee over his alleged links to Jeffrey Epstein. CBS News' Nikole Killion reports.
Columbia University acting president Claire Shipman described the ICE detention of student Elmina "Ellie" Aghayeva, claiming agents gained entry to a residential building by stating they were police seeking a missing child. CBS News' Tom Hanson reports.
Former President Bill Clinton is up next for a deposition before members of the House Oversight Committee regarding his alleged links to convicted sex offender Jeffrey Epstein. CBS News' Nikole Killion reports.
Columbia University student Elmina Aghayeva has been released after ICE took her from one of the institution's residential buildings. CBS News' Tom Hanson reports.
Kentucky Republican Rep. James Comer, the chairman of the House Committee on Oversight and Accountability, said Commerce Secretary Howard Lutnick may be asked to testify on his knowledge of convicted sex offender Jeffrey Epstein's dealings. This comes as former President Bill Clinton prepares for his deposition. CBS News' Nikole Killion reports.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Tensions continue to rise in the Middle East following the U.S. and Israel's early morning strikes against Iran. Ret. Gen. Frank McKenzie, a former commander at U.S. Central Command, joins "CBS Saturday Morning" with more.
48 Hours correspondents Natalie Morales and Anne-Marie Green discuss Sade Robinson's murder after her partial remains were discovered on a remote beach and scattered throughout Milwaukee, WI.
The U.S. and Israel announced a major military operation against Iran early Saturday after weeks of nuclear negotiations. President Trump announced the strikes on social media, saying the U.S. was "undertaking a massive and ongoing operation to prevent this very wicked, radical dictatorship from threatening America and our core national security interests."
A 6-year-old Girl Scout overcomes the odds to set a record for more boxes of cookies sold. Plus, more heartwarming news.
President Trump announced early Saturday morning that the U.S. is conducting "a massive and ongoing operation to prevent this very wicked, radical dictatorship from threatening America and our core national security interests." See his full remarks.