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.
Tax Returns
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.
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.
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.
What to know about student loans default
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.
Trump loses appeal over tax returns
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.
Romney & Ryan: The first interview
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
How to request a tax extension from the IRS
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.
Common tax filing mistakes that can cost you
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.
How the 2025 tax brackets impact you
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.
4/24/19: Red and Blue
Trump pledges to fight Congressional subpoenas; Joe Biden to launch presidential campaign
5/22/19: Red and Blue
Talks between Trump and Dems breaks down; Author Tony Schwartz on 'The Takeout'.
How to avoid tax filing mistakes
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 filing tips that will make filing easier
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.
IRS agent concerns tied to Hunter Biden case
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.
CPA's tips for maximizing your tax refund
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.
Filing taxes jointly? Here's what name order says about your marriage.
A first-of-its-kind study finds strong correlations between married couples' name order, their finances and social views.
Your tax refund landed on time this year? Thank the IRS.
After years of abject performance, the tax agency is finally making significant strides — no, really.
Whistleblower may speak in Hunter Biden probe
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.
Biden and Harris release their tax returns
The Bidens earned a total of $579,514 and paid $169,820 in total federal and state taxes.
Tips for filing tax returns last-minute
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.
How long is it taking the IRS to process refunds?
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.
More Americans facing tax refund "disappointment"
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Here's how to file your taxes for free this year
Americans shell out billions of dollars to prepare and file their tax returns. Here's how to do it without spending a dime.
Tax advantages of couples filing separately
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.
Live
Iran lashes out with missiles as Israel says war still intensifying
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
Markwayne Mullin confirmation hearing set for today
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Illinois Lt. Gov. Juliana Stratton projected to win Democratic Senate primary
Illinois Lt. Gov. Juliana Stratton is projected to win the heated and crowded Democratic primary race for the U.S. Senate seat that Dick Durbin has held for nearly 30 years, according to CBS News analysis.
Senate begins marathon debate on SAVE America Act under pressure from Trump
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
Top Trump counterterrorism official resigns over Iran war
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
As Trump floats "taking Cuba," island's president warns of "resistance"
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
Illinois governor primaries set up rematch between Pritzker, Bailey
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
WNBA, players' union reach agreement in principle on new pact
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
U.S.
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Former reality TV star Jessie Holmes wins Iditarod sled dog race again
Jessie Holmes is the third competitor in the 54-year history of the Iditarod Trail Sled Dog Race to repeat the year after winning for the first time.
Trump's judicial confirmations show signs of slowing compared to first-term boom
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Venezuela defeats U.S. 3-2 for its first World Baseball Classic title
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
1 killed, another injured in shooting at Holloman Air Force Base in New Mexico
Military officials say a shooting at a U.S. Air Force base in New Mexico has left one person dead and another wounded.
MoneyWatch
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WNBA, players' union reach agreement in principle on new pact
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
Arizona alleges Kalshi engaged in illegal gambling, election wagering
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Here's how much U.S. families need to make to feel economically secure
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Amazon introduces 1-hour and 3-hour delivery in U.S.
Amazon is speeding deliveries, putting pressure on other retailers. Here's where 1- and 3-hour delivery options are available and how much the service costs.
Sponsored
Using AI for financial advice? Here's what to watch out for.
AI and other technologies can help you manage your financial life. But don't rely exclusively on such tools for money matters.
Politics
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Federal judge strikes down Arkansas Ten Commandments in public schools law
An Arkansas law requiring that the Ten Commandments be prominently displayed in public school classrooms has been struck down by a federal judge.
Exclusive
Facing potential Latino voter slide, GOP mobilizes in crucial Senate races ahead of 2026 midterms
Amid signs that Republicans may lose some of the Latino support that the party picked up in 2024, grassroots organizations are stepping in to boost GOP Senate candidates in key midterm races.
Markwayne Mullin confirmation hearing set for today
President Trump announced Sen. Markwayne Mullin as his pick to replace embattled DHS Secretary Kristi Noem.
Trump's judicial confirmations show signs of slowing compared to first-term boom
President Trump is likely to make less of an impact on the federal bench in his second term because of fewer vacancies, a slower pace of retirements and the potential for Democrats to regain control of the Senate in November.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
HealthWatch
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Judge blocks parts of RFK Jr.'s vaccine agenda, including revised schedule
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Changes in organ donor status can fall through cracks in the system
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
World
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Live
Iran lashes out with missiles as Israel says war still intensifying
Iran retaliates for Israel's latest assassinations as Trump and Netanyahu give no indication the war is about to let up, 19 days in.
Top intelligence officials to testify to Senate panel as Iran war escalates
The Trump administration's spy chiefs will testify before the Senate Intelligence Committee on national security threats facing the U.S.
Venezuela defeats U.S. 3-2 for its first World Baseball Classic title
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
As Trump floats "taking Cuba," island's president warns of "resistance"
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
Why the death of Iran's top security official is significant
Ali Larijani was among the most senior leaders of the regime still alive in Iran after top leaders were killed at the start of the war.
Entertainment
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Nancy Guthrie investigation "becomes much harder" as time goes on, expert says
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge opens up about new music
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Woman on viral Coldplay "kiss cam" speaks out
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
Kennedy Center votes to shut down ahead of Trump-backed renovation project
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Stars walk Vanity Fair Oscar Party red carpet
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
Technology
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Technology
Landmark social media trial continues
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
U.S. hospitals, insurers turn to AI for claims
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
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.
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
Science
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Discovery of 1949 whale recording could unlock mysteries of ocean
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
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.
Crime
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Nancy Guthrie investigation "becomes much harder" as time goes on, expert says
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins found guilty on all charges
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Accused Latin American drug lord arrives in U.S. after years on the run
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Alleged pipe bomber argues charges should be tossed under Jan. 6 pardons
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
Kouri Richins convicted of murdering husband
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Space
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7-ton meteor identified as likely cause of boom heard across Ohio
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
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
3/17: The Takeout with Major Garrett
Top U.S. counterterrorism official Joe Kent resigns over Iran war; senior Iranian leader Ali Larijani killed in airstrike.
The fight to allow happy hour at senior facility
A senior living facility in Minnesota was recently told they'd need a liquor license for any gathering involving alcoholic beverages. That didn't sit well with many of the residents, who are now fighting to legalize the right to happy hour. Tony Dokoupil has the story.
Meteor streaks across sky over multiple states
An asteroid weighing about 7 tons and traveling at 45,000 miles per hour zoomed over multiple states and lit up the sky, causing a loud boom that some residents mistook for an explosion. Mark Strassmann reports.
Cuba in crisis as Trump mulls takeover
Cuba has been facing more blackouts and protests since the U.S. cut off its access to Venezuelan oil. Juan Palop reports from Havana.
Where the Nancy Guthrie investigation stands
Nearly 50 days since Nancy Guthrie disappeared, the suspected abduction remains unsolved. CBS has learned investigators have recovered additional images from Guthrie's surveillance cameras. Jonathan Vigliotti has the latest.