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CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what people need to know for the 2023 tax season. More than 168 million individual tax returns are expected to be filed, with the vast majority coming before the April 18 tax deadline. Schlesinger discusses the best way to file, rules for deducting home office expenses, and child tax credit changes.
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Inflation has a way of affecting nearly every aspect of our finances. Here are major changes to watch for in 2023.
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
The thousands of pages of documents released by congressional Democrats paint a more detailed picture of former president Donald Trump's finances over a six-year period, including his time in the Oval Office. Steven Rosenthal, a senior fellow at the Urban-Brookings Tax Policy Center, joins CBS News to break down what the documents tell us.
The House Ways and Means Committee has released six years of tax returns from former President Donald Trump. CBS News legal contributor Jessica Levinson spoke with Lana Zak about the potential legal ramifications for Trump, this family and his businesses based on the newly public information.
House Democrats released six years of former President Trump's tax returns on Friday, in the culmination of a long battle that went all the way to the U.S. Supreme Court. CBS News' Skyler Henry reports from Capitol Hill, then CBS News chief election and campaign correspondent Robert Costa joins anchor Lana Zak to discuss the impact.
Most online sellers will be spared from tracking and reporting side-hustle income on their taxes for at least another year.
For tax year 2021, the Bidens owed an additional $13. It could have been waived, the White House said, "but they chose to pay."
The House Ways and Means Committee is expected to release six years' worth of former President Donald Trump's tax returns, after voteing Tuesday night along party lines in favor of making the documents public. Bloomberg congressional and tax reporter Laura Davison joins CBS News to discuss.
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
The Democratic-controlled House Ways and Means Committee is expected to vote Tuesday on whether to publicly release years of the former president's tax returns.
Many Americans should brace for smaller refunds next April, since several pandemic relief programs are set to expire. CBS MoneyWatch associate managing editor Aimee Picchi joins "CBS News Mornings" with the latest.
Under new IRS rule, anyone who earned more than $600 this year by selling things online or doing gig work could face tax hit.
The Internal Revenue Service has announced several adjustments to account for the impact of inflation. These include higher federal income tax brackets and standard deductions for the year 2023. CBS News MoneyWatch associate managing editor Aimee Picchi joins the show to break down these forthcoming changes and more.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
Case of Robert Brockman shows it's "shockingly easy" to avoid foreign-reporting laws, report finds.
The IRS is reviewing the safety at its facilities across the U.S., in response to increasing threats toward workers. Tony Reardon, the president of the National Treasury Employees Union, joins "Red and Blue" to speaks about the dangers.
The Internal Revenue Service says it is conducting a comprehensive review of safety at its facilities.
Inflation Reduction Act's $80 billion in IRS funding would come as the risk of getting audited is at a decade-long low.
National Taxpayer Advocate says delays in processing tax returns is causing financial hardship for many Americans.
The IRS is boosting audits on higher earners, with the audit rate jumping fourfold on filers earning more than $10 million.
Millions of Americans file returns after the Tax Day deadline. If you're in that group, here's what determines how much you'll owe.
Special counsel Jack Smith asked a federal judge to toss out the charges against President-elect Donald Trump in the case stemming from the 2020 election.
Republicans vying for jobs allege Trump transition aide Boris Epshteyn has been mixing private consulting with his transition role.
Susan Lorincz was sentenced to 25 years in prison for shooting Ajike Owens, her Black neighbor, through her front door last year.
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
President-elect Donald Trump, who ran on mass deportation and harsher immigration policies, could inherit a border that is relatively quiet.
A tree that survived Hurricane Helene in North Carolina was unveiled as the 2024 White House Christmas tree.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
President-elect Donald Trump skipped President Biden's inauguration following Trump's supporters' Capitol assault.
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
President-elect Donald Trump threatened to impose new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
President-elect Donald Trump skipped President Biden's inauguration following Trump's supporters' Capitol assault.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
A tree that survived Hurricane Helene in North Carolina was unveiled as the 2024 White House Christmas tree.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
Two CBS News correspondents conducted an experiment to see which was better at planning a trip — AI or a person. Here's what they found.
Workers at Amazon warehouses around the world plan to strike between Black Friday and Cyber Monday this week.
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
President-elect Donald Trump skipped President Biden's inauguration following Trump's supporters' Capitol assault.
A tree that survived Hurricane Helene in North Carolina was unveiled as the 2024 White House Christmas tree.
Republicans vying for jobs allege Trump transition aide Boris Epshteyn has been mixing private consulting with his transition role.
Special counsel Jack Smith asked a federal appeals court to dismiss his appeal in the documents case against President-elect Donald Trump.
Special counsel Jack Smith asked a federal judge to toss out the charges against President-elect Donald Trump in the case stemming from the 2020 election.
In 2020, West Virginia launched a pilot program to subsidize GLP-1 drugs for public employees, but the program was shuttered in March.
About 20% of patients — as many as 1 in 5 — may not respond well to medications like Mounjaro and Wegovy, according to several obesity experts.
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
Scuffles and fistfights broke out weeks after a deadly rail station roof collapse that ignited tensions in the Balkan state.
Police thought a shoe thief was on the loose at a kindergarten, until a security camera caught the furry culprit in action.
Trans performance artist Ling'er says she was forced to undergo electroshock treatments at a hospital in China that left her with a heart condition.
Barbara Taylor Bradford was one of the world's most popular and wealthiest writers, her net worth estimated at more than $200 million.
Authorities in Egypt say a luxury yacht that set off with 45 people from the Red Sea port of Ghalib for a week-long diving trip sank, with 28 rescued and 16 still missing.
"Wicked" led the box office with $114 million, while "Gladiator II" earned $55 million in a record-setting pre-Thanksgiving weekend. The combined success marks the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic. Rebecca Rubin, a senior film and media reporter with Variety, has more.
While "Gladiator II" earned $55 million at the box office domestically, "Wicked" soared with $114 million. It was the biggest pre-Thanksgiving weekend opening since the COVID-19 pandemic, with the two movies earning the nickname "Glicked."
Barbara Taylor Bradford was one of the world's most popular and wealthiest writers, her net worth estimated at more than $200 million.
One of the most successful computer games of all time is currently being developed by Apple as a forthcoming movie.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Starbucks managers forced to rely on manual systems to handle baristas' pay, but customers unaffected.
More than one third of travelers says they've incorporated artificial intelligence into their travel planning, according to a recent survey. CBS News compared how efficient booking a trip with the help of AI is compared to doing the research yourself.
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.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
A California judge on Monday delayed his decision on whether to resentence the Menendez brothers until January. In October, the outgoing Los Angeles district attorney requested a judge reconsider Lyle and Erik's sentences for the 1989 murders of their parents after new evidence was introduced. CBS News correspondent Elise Preston reports.
The NFL and the NBA have issued warnings to players about transnational gangs that may be targeting them for burglaries. CBS News national security contributor Sam Vinograd has more on the criminals behind the schemes.
There are three legal paths for the Menendez brothers to potentially leave prison after serving several decades for the 1989 killings of their parents. CBS News legal contributor Jessica Levinson breaks down the latest in their legal battle.
Susan Lorincz was sentenced to 25 years in prison for shooting Ajike Owens, her Black neighbor, through her front door last year.
A suspect in the fatal shooting of a woman and her 4-month-old son inside a car in Hartford, Connecticut, was arrested in Puerto Rico, officials said.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
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.
According to a new survey from financial service company Empower, Gen Z Americans believe it takes a salary of $588,000 to be considered financially successful. That's more than double the figure from other generations. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the findings.
A federal judge in Texas plans to hold another hearing to decide whether satirical news outlet "The Onion" can move forward with the purchase of conspiracy theorist Alex Jones' company, Infowars. CBS News correspondent Janet Shamlian has the latest from Houston.
Multiple weather systems are forecast to drop rain and snow across the U.S. during the week of Thanksgiving. CBS News national weather correspondent Rob Marciano has more on what conditions to expect.
Federal and local authorities are reportedly warning the Macy's Thanksgiving Day Parade in New York City could be a target for would-be terrorists. Law enforcement officials will also need to be on high alert for what could be the busiest and most crowded holiday travel season yet. CBS News national security contributor Sam Vinograd joins with analysis.
For the first time under the Biden administration, illegal crossings at the southern border are on track to dip below 50,000 for November. CBS News immigration and politics reporter Camilo Montoya-Galvez has more.