IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Taxes
Harris unveils small businesses plan
Vice President Kamala Harris released new details Wednesday on tax incentives for small businesses should she win the 2024 election. CBS News campaign reporter Shawna Mizelle reports on the plan.
Harris proposes incentives for small businesses
While campaigning in New Hampshire on Wednesday, Vice President Kamala Harris served up an idea that would allow new small businesses a chance to write off up to $50,000 in startup costs, up from the current maximum of $5,000. Ed O'Keefe reports.
How your paycheck would be impacted by the Trump and Harris tax plans
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Inside Harris and Trump's competing tax plans
Vice President Kamala Harris and former President Donald Trump's tax plans could affect your paychecks in very different ways. CBS MoneyWatch associate managing editor Aimee Picchi has a look at each of them.
Trump economic proposals could be costly
Former President Donald Trump's tax and spending proposals could send the national debt soaring, according to a new study by the Penn Wharton Budget Model. Scott Lincicome, the vice president of general economics at Cato's Herbert A. Stiefel Center for Trade Policy Studies, joins CBS News with more.
Harris, Trump propose on economy
The state of the economy continues to be a top voting issue in 2024. Here's how Vice President Kamala Harris and former President Donald Trump differ on economic policy proposals as they campaign for the White House. CBS News' Tom Hanson reports.
Freed Americans may still face IRS penalties
The Americans freed in a historic prisoner swap with Russia will likely face challenges as they return to ordinary life, including automatic IRS penalties. Diane Foley, president and founder of hostage advocacy group the Foley Foundation, joins CBS News to discuss the bill sitting in Congress to address the tax issue.
Trump wants to cut Social Security taxes. How would that affect benefits?
Former President Donald Trump's pledge to cut taxes that seniors pay on their Social Security income would ultimately hurt the program, experts say.
Child Tax Credit could be expanded
In today's MoneyWatch, a potential game-changer for parents: Congress is considering a significant expansion of the child tax credit, which could mean increased savings or larger tax refunds for families. CBS News business analyst Jill Schlesinger has more.
Senate fails to advance major tax bill that would expand Child Tax Credit
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
Report: More immigration could boost economy
Immigration and the economy are among some of the key issues for voters in the 2024 election. Now, a new report from the nonpartisan Congressional Budget Office suggests that migrants coming to the U.S. could help the country's financial situation. CBS News immigration and politics reporter Camilo Montoya-Galvez joins to unpack the findings.
Trump pushes for 15% corporate tax rate
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
Project 2025 would overhaul U.S. taxes. Here's the impact for you.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
How Project 2025 would impact U.S. tax code
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
IRS says it has clawed back $1 billion from millionaire tax cheats
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
Questions over crisis pregnancy center funds
In the wake of the Supreme Court overturning Roe v. Wade, multiple states have dedicated additional funds and resources to facilities known as crisis pregnancy centers to dissuade women from getting abortions. Texas has invested the most, but there are questions about how that money is being spent. CBS News' Caitlin Huey-Burns and ProPublica reporter Cassandra Jaramillo have more.
France's far-right takes lead in snap election
France's far-right party, National Rally, took a strong lead in the first round of the country's legislative elections, according to polling projections. CBS News' Eliane Cobbe is in Paris and breaks down the reaction.
Kenya protests, failed Bolivia coup fallout
This week, Kenya's president reversed a controversial plan to raise taxes after deadly protests broke out in opposition. And in Bolivia, authorities are making arrests after a failed military coup. CBS News national security contributor Sam Vinograd joins with a weekly wrap-up.
Kenya protests resume as leader's tax hike concession fails to quell anger
Kenyans furious over proposed tax hikes and the deadly police response to earlier protests take to the streets again - under much tighter security.
Kenya's president drops support for tax hikes
Kenya's president says he will not sign a controversial finance bill into law. The reversal comes a day after dozens of people were killed and injured in clashes with police while protesting the measure, which included hefty tax hikes. BBC Africa correspondent Barbara Plett Usher has the latest.
Crackdown on tax protests underway in Kenya
The president of Kenya has sent in the military after protesters set fire to the country's parliament building. The violent demonstrations broke out Tuesday in opposition to new tax proposals. CBS News correspondent Lilia Luciano is following the latest from London.
Millions spent fixing storm-ravaged beaches
Data shows more than 2,500 beach nourishment projects have cost more than $10 billion over the last century. Some experts believe the taxpayer money used for these projects could be better spent elsewhere.
Is beach nourishment worth it?
Beach nourishment is a topic of debate among experts regarding its use of tax dollars.
What is beach nourishment?
Beach nourishment is a technique used to restore and maintain beach width. It can protect coastal communities from flooding.
Maps show where winter storm will bring ice, snow, brutal cold this weekend
Heavy snow, ice and brutal cold are expected to make this winter storm a potentially life-threatening weather event, stretching across two-thirds of the U.S.
Ryan Wedding, Olympic athlete turned alleged drug kingpin, arrested
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
How much snow are you getting this weekend? See the forecast.
A winter storm is forecast to dump up to 24 inches of snow in some places this weekend, and many are wondering: How much snow are we actually getting?
FBI agent in Minneapolis involved in Renee Good probe resigns
Tracee Mergen, whose FBI squad was involved in the Renee Good investigation and probes into public benefits fraud in Minnesota, resigned last week, sources said.
Live
General strike, rally, marches in Minnesota today to protest ICE
Hundreds of businesses in the Twin Cities are closed Friday to protest the presence of federal immigration agents in Minnesota, as thousands of demonstrators have taken to the streets of downtown Minneapolis in a show of solidarity.
5-year-old taken into ICE custody has immigration case, preventing deportation
The 5-year-old immigrant boy taken into ICE custody alongside his father in Minnesota has an active immigration case and cannot be legally deported yet, records reviewed by CBS News indicate.
U.S. carries out 35th strike on alleged drug boat, first since Maduro capture
It's the 35th strike on alleged drug-smuggling boats since early September 2025, and the first since the U.S captured former Venezuelan President Nicolás Maduro.
Preparing for the winter storm? Why ice may be more dangerous than snow
Accumulating ice may pose even bigger problems than snow in this weekend's winter storm.
5 arrested in connection with shooting of judge, wife in Indiana
Five people have been arrested in connection with the Sunday shooting of a judge and his wife in Indiana, according to authorities.
U.S.
More U.S.
FBI agent in Minneapolis involved in Renee Good probe resigns
Tracee Mergen, whose FBI squad was involved in the Renee Good investigation and probes into public benefits fraud in Minnesota, resigned last week, sources said.
Winter storm doesn't disprove climate change, despite Trump's claim
President Trump cited a major winter storm as evidence to suggest that global warming does not exist — a misleading claim that has been consistently debunked by climate experts.
5-year-old taken into ICE custody has immigration case, preventing deportation
The 5-year-old immigrant boy taken into ICE custody alongside his father in Minnesota has an active immigration case and cannot be legally deported yet, records reviewed by CBS News indicate.
Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
MoneyWatch
More MoneyWatch
Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Tesla Cybertruck sales plunged 48% in in 2025
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Politics
More Politics
FBI agent in Minneapolis involved in Renee Good probe resigns
Tracee Mergen, whose FBI squad was involved in the Renee Good investigation and probes into public benefits fraud in Minnesota, resigned last week, sources said.
U.S. carries out 35th strike on alleged drug boat, first since Maduro capture
It's the 35th strike on alleged drug-smuggling boats since early September 2025, and the first since the U.S captured former Venezuelan President Nicolás Maduro.
5-year-old taken into ICE custody has immigration case, preventing deportation
The 5-year-old immigrant boy taken into ICE custody alongside his father in Minnesota has an active immigration case and cannot be legally deported yet, records reviewed by CBS News indicate.
RNC clears the way for "midterm convention" later this year
The Republican National Committee on Friday voted to amend its bylaws to clear the way for a GOP "midterm convention" ahead of November's elections.
Judge says feds must fund child care subsidies in 5 states for now
A federal judge says the Trump administration must keep the money flowing for now for programs aimed at helping low-income families with children in five states.
HealthWatch
More HealthWatch
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
More World
U.S. carries out 35th strike on alleged drug boat, first since Maduro capture
It's the 35th strike on alleged drug-smuggling boats since early September 2025, and the first since the U.S captured former Venezuelan President Nicolás Maduro.
Trump says "armada" of warships is headed toward Iran "just in case"
President Trump indicated he's watching the Iranian regime's response to massive protests that began late last month.
Ukrainians struggle as Russian strikes close schools, cut heat and power
Russia's relentless strikes leave families in Kyiv without heat and power, and keep schools closed for at least a month.
Trump outrages NATO allies with remarks on war in Afghanistan
European veterans, families of the fallen, and politicians are voicing outrage over Trump's claim NATO allies stayed behind the front lines in Afghanistan.
Rower in 3,000-mile race rescued in the dark of night, hours after capsizing
Benoit Bourguet, 47, was competing in a rowing race from Spain to Antigua when large waves capsized his single-man vessel.
Entertainment
More Entertainment
Entertainment
Madison Beer opens up about music journey
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
"Sinners" breaks Oscar nominations record
"Sinners" set an all-time record for the most Oscar nominations with 16, including for best picture. Not far behind is "One Battle After Another" with 13 nominations. Meanwhile, "Wicked: For Good" received zero nominations, even in categories where the first "Wicked" movie won just last year.
"Heated Rivalry" boosting demand for NHL tickets, SeatGeek says
Sales of tickets to NHL games jumped more than 20% after the hit HBO show debuted in the fall, according to ticket vendor.
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.
Technology
More Technology
Microsoft says outage affecting several services has been resolved
Microsoft services were 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
More Science
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
More Crime
Crime
Officials on 5-year-old boy detained by ICE
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
Jury selection date set in Mangione trial
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
New video shows Ryan Wedding in FBI custody
CBS News has obtained video of the moment FBI agents escorted former Olympic snowboarder and accused drug kingpin Ryan Wedding off a plane in California. CBS News' Anna Schecter has the details.
5-year-old Liam Ramos detained by ICE
Five-year-old Liam Ramos is now being held at an ICE detention facility in Texas, CBS News' Camilo Montoya-Galvez reports. Here's what we know about the case.
Ryan Wedding arrested, officials say
Ryan Wedding, the former Olympic snowboarder who allegedly became a drug kingpin and is accused of orchestrating multiple murders, has been arrested, FBI Director Kash Patel announced on Friday. CBS News' Anna Shecter reports.
Space
More Space
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
NFL championship weekend look ahead
After this weekend, two NFL teams will head to Super Bowl LX. In the AFC Championship, the Denver Broncos will face off against the New England Patriots at home. In the NFC title game, the Seattle Seahawks are hosting the Los Angeles Rams. Zack Rosenblatt, senior writer for The Athletic, joins "The Daily Report" to preview the games.
Trump says "armada" of warships head to Iran
President Trump said that a large "armada" of U.S. warships is heading toward Iran "just in case," nearly a month after anti-government protests began in the country. CBS News national security contributor Sam Vinograd has more.
Moderna scales down some vaccine trials
Pharmaceutical company Moderna says it is scaling down its investments in late-stage vaccine trials amid growing opposition to immunizations from U.S. officials. CBS News medical contributor Dr. Céline Gounder breaks it down.
Memphis Mayor Paul Young on winter storm
Tennessee is one of more than a dozen states now under a state of emergency ahead of what's expected to be a major winter storm. The state has been preparing for days, mostly concerned about icy conditions that could make roads dangerous and cause power lines to go down. Memphis Mayor Paul Young joins "The Daily Report" to discuss.
7 Democrats join GOP to vote for DHS funding
This week, seven House Democrats broke with leadership and voted to fund the Department of Homeland Security without ICE reforms. Political strategists Matt Gorman and Chuck Rocha join "The Takeout" to discuss.