![irs-sign.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2023/02/04/55447c47-4ce1-4048-9099-c930ca9bc83e/thumbnail/640x360/949902f51327247d1395165f81547501/irs-sign.jpg?v=a23cb4bdf4fa7f3cb72e5118085577f9#)
The IRS is cracking down on a tax loophole for wealthy taxpayers
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
Watch CBS News
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
Millions of Americans could owe money to the IRS on June 17, with fines for missing payment on the rise.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
Americans have until April 15 to file their taxes or file an extension. If you live in Maine or Massachusetts, you have until April 17. An expert offers some last-minute tips if you still have to file.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, CBS News business analyst Jill Schlesinger offers advice on how Americans can make the most of their tax refund.
Congress has until the end of Friday to reach a deal to avoid a partial government shutdown. If lawmakers fail to do so, funding for several departments, including Homeland Security and the IRS, will run out. CBS News congressional correspondent Scott MacFarlane has the latest on where talks stand.
The IRS said it will begin dozens of audits on businesses' private jets and whether executives use them for personal reasons.
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
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.
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.
An indictment unsealed late Thursday accuses Hunter Biden, the president's son, of a four-year scheme to avoid paying more than $1 million in taxes to the IRS. CBS News senior investigative correspondent Catherine Herridge reports. Then, former Trump attorney Timothy Parlatore joins to unpack the case.
This week, two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill and new documents were released by the GOP-led House Ways and Means Committee. CBS News senior investigative correspondent Catherine Herridge spoke with the whistleblowers.
Federal prosecutors have charged Hunter Biden, President Biden's son, with tax crimes in a nine-count indictment. CBS News senior investigative correspondent Catherine Herridge reports.
Federal prosecutors have charged Hunter Biden, President Biden's son, with nine tax crimes, according to an indictment unsealed Thursday in the Central District of California. CBS News chief political analyst John Dickerson anchors special coverage.
Two IRS whistleblowers in the Hunter Biden investigation testified behind closed doors on Capitol Hill this week. CBS News senior investigative correspondent Catherine Herridge has the details.
The $14.5 billion military aid package for Israel passed in the House of Representatives Thursday is not expected to be considered by the Senate. CBS News congressional correspondent Scott MacFarlane reports on what this means for Israeli and U.S. priorities in the Middle East.
Hunter Biden has filed a lawsuit against the IRS alleging privacy violations. The complaint cites an IRS whistleblower's interview on CBS News as well as with other outlets. CBS News senior investigative correspondent Catherine Herridge reports.
Hunter Biden is suing the IRS, claiming the agency illegally disclosed his tax return. The lawsuit cites an interview an IRS supervisor did with CBS News. Biden's filing also says proper safeguards were not in place to ensure confidentiality.
The federal judge overseeing the Hunter Biden case raised questions Wednesday about the terms of a plea agreement made in June between Biden's lawyers and federal prosecutors. Without the judge's stamp of approval on the deal, the president's son pleaded not guilty to two misdemeanor tax charges. CBS News senior investigative correspondent Catherine Herridge joined with details from inside the Delaware courthouse.
A first-of-its-kind study finds strong correlations between married couples' name order, their finances and social views.
A group of Republican senators and representatives said IRS officials violated "anti-gag" rules that protect federal employees.
The president's son -- Hunter Biden -- has agreed to a federal plea deal that will likely mean he will not have to go to prison. According to a court filing made public Tuesday by the Justice Department, Biden will plead guilty to two misdemeanor tax charges. CBS News investigative correspondents Catherine Herridge and Jim Axelrod join with the latest.
The whistleblower connected to the Hunter Biden tax investigation said he became so concerned about prosecutors' handling of the investigation, he felt duty-bound to report it.
After years of abject performance, the tax agency is finally making significant strides — no, really.
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.
Hurricane Beryl is forecast to strengthen into a "dangerous major hurricane" before reaching Barbados and the Windward Islands late Sunday.
Police said they spotted what "appeared to be a handgun" pointed at the officers. It was determined to be a replica Glock handgun.
Pennsylvania Rep. Madeleine Dean, a Democrat, said of Biden, "He had a bad debate. There's no two ways about that."
Mahsoud Pakeshkian and Saeed Jalili are headed to a runoff presidential election on Friday to replace the late hard-line President Ebrahim Raisi, who died in a helicopter crash in May.
Beryl is the first hurricane in more than fifty years to appear before July 4th in the Atlantic basin.
Some of the world's largest companies have toned down their Pride campaigns in the wake of last year's backlash against Target and Bud Light.
Long Island police said Steven Schwally, 64, was drunk and speeding when he crashed an SUV into a nail salon Friday, killing an off-duty NYPD officer and three other people.
Alabama college student Aniah Blanchard vanished without a trace in October 2019 — and it took more than a month before her family learned what happened to her.
Family of victim shares new details of their own investigation into what happened the night of the November 2022 murders of four University of Idaho college students and the case against suspect Bryan Kohberger.
Family of victim shares new details of their own investigation into what happened the night of the November 2022 murders of four University of Idaho college students and the case against suspect Bryan Kohberger.
Alabama college student Aniah Blanchard vanished without a trace in October 2019 — and it took more than a month before her family learned what happened to her.
Beryl is the first hurricane in more than fifty years to appear before July 4th in the Atlantic basin.
Police said they spotted what "appeared to be a handgun" during the chase, but was later determined to be a pellet gun resembling a Glock 17.
The 36-year-old woman is being held in the Mecklenburg County Jail on a $250,000 bond, jail records show.
Some of the world's largest companies have toned down their Pride campaigns in the wake of last year's backlash against Target and Bud Light.
Last night's presidential debate between Biden and Trump marked a drop in TV viewership from 2020 and 2016.
CDK outage forecast to slow auto sales by 7.2% in June, pushing demand into July.
Cones, chocolate bars and gummies sold nationwide found to contain toxic levels of chemical found in some mushrooms.
Army of volunteers raced to hand out jugs of milk and bags of groceries to line of cars outside Fordyce High School.
Pennsylvania Rep. Madeleine Dean, a Democrat, said of Biden, "He had a bad debate. There's no two ways about that."
The Biden campaign says President Biden will "absolutely not" step aside.
Former President Donald Trump addressed a rally in Chesapeake, Virginia, a day after his first 2024 debate with President Biden.
The Supreme Court overruled a 40-year-old decision that said federal courts should defer to agencies in certain cases. Here's what it means.
The CBS News Battleground Tracker map includes our best estimates and 2024 presidential race ratings in every state for the Biden-Trump rematch.
Less than 100 intestinal transplants were done in 2023. For Danielle Perea, the surgery was her only chance.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
Cones, chocolate bars and gummies sold nationwide found to contain toxic levels of chemical found in some mushrooms.
Japan's Kobayashi Pharmaceutical says its looking at possible links between 80 deaths and its benikoji red yeast supplements.
Iowa joins more than a dozen other states with restrictive abortion laws following the U.S. Supreme Court's overturning of Roe v. Wade in 2022. Three other states currently ban abortions at about six weeks.
India won its second T20 World Cup but its first world title in 12 years.
Five members of the same family were killed when their house was swallowed by a landslide while they were asleep, officials said.
Korda, who tied an LPGA record earlier this year with five consecutive victories, has missed the cut in three straight tournaments for the first time in her career.
Called 2024 MK, the space rock will make its closest approach to Earth on Saturday.
The attacker, armed with a crossbow, wounded a Serbian police officer guarding the Israeli Embassy in Belgrade.
Longtime comedy actor Martin Mull, who had many memorable roles in TV shows including "Fernwood Tonight," "Roseanne" and "Arrested Development," has died at the age of 80.
Formed in Boston 20 years ago, Lake Street Dive is best known for their unique blend of jazz, pop, soul, country and folk music. Ahead of a nationwide tour, the band recently released their eighth studio album. Now, from "Good Together," here is Lake Street Dive with "Help Is On The Way."
Formed in Boston 20 years ago, Lake Street Dive is best known for their unique blend of jazz, pop, soul, country and folk music. Ahead of a nationwide tour, the band recently released their eighth studio album. Now, from "Good Together," here is Lake Street Dive with "Dance With a Stranger."
Formed in Boston 20 years ago, Lake Street Dive is best known for their unique blend of jazz, pop, soul, country and folk music. Ahead of a nationwide tour, the band recently released their eighth studio album. Now, here is Lake Street Dive with the title track of their new album, "Good Together."
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
This week marks 50 years since the debut of the barcode, those machine-readable black stripes that have changed many aspects of modern life. Bradley Blackburn looks back at its history.
Three major mobile carriers say customers abroad can't make phone calls, send messages.
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.
Recall involves about 132,000 units due to lithium-ion batteries that can overheat, with $20,000 in property damage reported.
Voice actors Paul Skye Lehrman and Linnea Sage say their voices are their livelihoods and are now being stolen by AI.
Called 2024 MK, the space rock will make its closest approach to Earth on Saturday.
Scientists are racing to figure out what's causing strange behavior and even deaths among fish, including the endangered sawfish. The phenomenon started in the Florida Keys, but has been seen as far north as Tampa.
South Africa is home to a large majority of the world's rhinos and as such is a hot spot for poaching driven by demand from Asia.
New research paints a worrying picture about the state of polar bears in Canada's Hudson Bay. The big furry bears could go extinct in the region as early as the 2030s due to thinning ice, longer ice-free seasons and human activity leading to climate change. Geoffrey York, one of the study's co-authors, joins CBS News to break down the findings.
Scientists monitoring 51 chimpanzees saw sick or injured animals eating certain plant items that were not part of their normal diet.
Family of victim shares new details of their own investigation into what happened the night of the November 2022 murders of four University of Idaho college students and the case against suspect Bryan Kohberger.
Alabama college student Aniah Blanchard vanished without a trace in October 2019 — and it took more than a month before her family learned what happened to her.
Police fatally shot a 13-year-old boy late Friday night following a chase in Utica, New York, after the teen displayed what turned out to be a replica handgun, authorities said. Michael George has the latest.
Police said they spotted what "appeared to be a handgun" during the chase, but was later determined to be a pellet gun resembling a Glock 17.
The 36-year-old woman is being held in the Mecklenburg County Jail on a $250,000 bond, jail records show.
The problem for NASA and Boeing is that the Starliner's service module is discarded before re-entry and burns up in the atmosphere.
The latest GOES satellite will play a critical role in tracking hurricanes and other dangerous storms across North America.
China's Chang'e 6 is the first craft ever to collect soil and rock samples from the side of the moon that faces away from Earth into space.
NASA has again postponed the troubled Boeing Starliner's trip home from the International Space Station as crews assess a series of helium leaks. Those leaks had also delayed the first crewed launch of the ship multiple times. Mark Strassmann reports.
NASA canceled a spacewalk on Monday due to a leaky spacesuit. And Starliner commander Barry "Butch" Wilmore and co-pilot Sunita Williams will remain at the International Space Station longer than planned after NASA and Boeing delayed the capsule's return to Earth. CBS News space consultant Bill Harwood breaks down the issues the astronauts are navigating in space.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
The family of murdered student Kaylee Goncalves says they may have uncovered a connection between the suspect, their daughter, and Madison "Maddie" Mogen. "48 Hours" correspondent Peter Van Sant reports.
College student Aniah Blanchard had a deep fear of being kidnapped. When she disappears, UFC fighter Walt Harris battles for justice for his stepdaughter. CBS News special correspondent James Brown reports for "48 Hours."
Beryl on Saturday became 2024's first Atlantic hurricane and was forecast to strengthen as it approaches the Caribbean. Meteorologist Molly McCollum of The Weather Channel has more on the hurricane and the forecast going into the holiday travel week.
This week marks 50 years since the debut of the barcode, those machine-readable black stripes that have changed many aspects of modern life. Bradley Blackburn looks back at its history.
A community in Texas is bringing together migrants and America's pastime. Ken Molestina explains.