Tax deductions you shouldn't overlook
Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
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Here are some tax deductions that are often overlooked. Medora Lee, a personal finance reporter with USA Today, joins CBS News with more details as the 2025 tax filing season comes to an end.
The IRS and Treasury Department are predicting a loss of more than $500 billion in tax revenue compared to 2024, according to the Washington Post. CBS News White House reporter Aaron Navarro has more.
According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your refund quickly, this year's average refund amount and how to invest it.
We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, money and personal finance reporter for USA Today, joined CBS News with tips.
IRS' top lawyer replaced amid DOGE's alleged push to share taxpayer info with other federal agencies.
If deciding what to do with an old 401(k) plan has been on your to-do list, here are the key steps you should take to get it done.
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax return in your name, potentially running off with your refund.
One of the defining promises of President Trump's 2024 campaign: Cutting taxes on tips. Democratic Rep. Steven Horsford of Nevada and his guest for Trump's address to Congress, culinary union member and tipped hospitality worker Yolanda Garcia, join CBS News to discuss.
Democratic leaders are sharing their concerns about the House Republicans' budget resolution. Rep. Suzan DelBene of Washington, chair of the Democratic Congressional Campaign Committee, joins "America Decides" to discuss.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. CBS News congressional correspondent Caitlin Huey-Burns reports.
If House Speaker Mike Johnson wants to pass the Trump-backed budget plan, which includes trillions in tax cuts, he can only afford to lose one Republican vote. However, multiple GOP lawmakers have already said they are a "no" or leaning no. CBS News political correspondent Caitlin Huey-Burns has the latest.
Contributing to your retirement plans, considering health savings accounts and donating to charity may help reduce your taxable income. Bankrate's Kemberley Washington joins CBS News with tips.
While President Trump insists he won't touch Medicaid, his agenda in Congress tells a very different story. The House is set to vote on a spending plan that could cut Medicaid funding by hundreds of billions of dollars to offset Trump's proposed tax cuts. New Mexico Democratic Gov. Michelle Lujan Grisham joins "America Decides" to discuss how the potential cuts could impact healthcare in her state.
The wealthy financier is a staunch supporter of the president's hardline trade polices.
If you're still working from home, you might be looking into some home office deductions as you prepare your taxes. Money and personal finance reporter Medora Lee joined CBS News to discuss those potential deductions and other tax tips.
The New York Times reports the IRS is planning to give a team member of DOGE access to sensitive taxpayer data. The IRS is also facing layoffs of probationary workers in the middle of tax season as DOGE continues to trim down the federal government. CBS News White House reporter Aaron Navarro has more.
While social media is a great place for DIY tips and new recipes, the IRS is cautioning taxpayers against using it for tax advice. Misinformation could end up costing you more than you bargained for. CBS News Philadelphia's Josh Sidorowicz reports.
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has a look at some of what's different this year.
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge funds and other big investors.
President Trump has placed the Department of Government Efficiency in charge of cutting the size and spending of the federal government. However, the group's reach is prompting concerns over the access it has received to some of the most confidential information for millions of Americans. CBS News chief Washington correspondent Major Garrett spoke with a former Treasury Department official about the scope of the information DOGE can now access.
Allies and adversaries of the U.S. are widely criticizing President Trump's proposal to "take over" the Gaza Strip. Republican Rep. Chip Roy of Texas joins "America Decides" with his reaction to the plan.
Most Americans have until April 15 to file their 2024 tax returns, pay any taxes owed or request and extension to file. CBS News business analyst Jill Schlesinger breaks down what to know.
The news comes after departure of Treasury's acting Deputy Secretary David Lebryk after more than 30 years of service.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
A senior Iranian military official rejected President Trump's ultimatum, calling it "a helpless, nervous, unbalanced and stupid action."
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Pope Leo XIV celebrated his first Easter Mass as pontiff, urging hope against the violence of war.
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
One consumer reported sustaining bruising and burn injuries.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
The following is the full transcript of an interview with Maryland Democratic Gov. Wes Moore, which will air on "Face the Nation with Margaret Brennan" on April 5, 2026.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
Pope Leo XIV celebrated his first Easter Mass as pontiff, urging hope against the violence of war.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
All men were charged Friday with arson and being reckless as to whether life would be endangered.
The attacks came as Ukrainian President Volodymyr Zelenskyy traveled to Istanbul for talks with Turkish President Recep Tayyip Erdogan.
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
The search continues for a missing American service member after Iran shot down an F-15E fighter jet on Friday. Meanwhile, the Artemis II passed its halfway point to the moon.
Kenan Thompson sits down with Kelly O'Grady to reflect on his career and parenthood while discussing his new children's book "Unfunny Bunny."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
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.
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
The photo shows the entire planet, as well as the Northern and Southern lights.
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
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.
Artemis II pilot Victor Glover spoke with CBS News' Mark Strassmann about Easter Sunday and what that means to him when looking at the Earth from space.
In 1997, Lesley Stahl reported on Boston's road project, known as the Big Dig, meant to alleviate a perpetual traffic jam downtown. The seven-and-a-half mile, $10 billion stretch of highway remains the most expensive highway project in U.S. history.
A burglar caught red-handed leads police to a killer and a poisoned root beer float. "48 Hours" correspondent Peter Van Sant reports.
When a woman disappears, her children are certain she's been murdered. But without a body, they know it will be hard to get justice. "48 Hours" correspondent Erin Moriarty reports.
The second U.S. crew member from the downed F-15E in Iran was rescued by special forces, according to multiple U.S. officials and President Trump. Carissa Lawson anchors this Special Report.