IRS says it is going after 1,600 millionaires for unpaid taxes
The tax agency vowed not to increase audit rates for people earning less than $400,000 annually.
IRS
IRS catch-up contribution mandate delayed
Last week, the IRS announced it is delaying until 2026 a mandate that says people 50 and older with high incomes are required to put "catch-up contributions" into Roth-style retirement accounts using post-tax dollars. Richard Rubin, a U.S. tax policy reporter for the Wall Street Journal, joined CBS News to discuss the delay in enforcement of the law, originally set to take effect next year.
What's next for Hunter Biden after deal snafu
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.
IRS says agents will no longer make unannounced visits to taxpayers
The "major policy change" is aimed at reducing public confusion and improving safety for agents, the agency
7/20: CBS News Mornings
IRS whistleblower speaks out in Hunter Biden probe; summer camps offering more educational and emotional support.
Who are the Hunter Biden IRS whistleblowers?
Two IRS whistleblowers allege the Justice Department limited a tax investigation into Hunter Biden.
IRS whistleblower on Hunter Biden comes forward
The House Oversight Committee questioned IRS whistleblowers Wednesday over allegations the Biden family tried to improperly influence the IRS as it investigated Hunter Biden's tax case. CBS News senior investigative correspondent Catherine Herridge interviewed whistleblower Joseph Ziegler about the Biden case and has more.
Tips for planning your estate
New IRS guidelines are making it more difficult for grandparents to pass down savings without taxing their beneficiaries. So what factors do people need to consider when making a plan for their assets after they die? Jon Huntley, a senior economist at the Penn Wharton Budget Model, joined CBS News with some pointers.
Tax-prep firms shared consumer data with Meta and Google, lawmakers say
A report from Democratic lawmakers alleges that tax-prep companies shared people's income and other sensitive data with big tech firms.
Prosecutor denies IRS whistleblower claims
The federal prosecutor overseeing the investigation into Hunter Biden is refuting a claim by an IRS whistleblower in the probe. U.S. Attorney David Weiss says he was authorized by the Justice Department to make decisions about charges in the case. CBS News senior investigative correspondent Catherine Herridge reports.
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.
U.S. attorney defends Hunter Biden probe amid GOP accusations
Court filings unsealed earlier this month showed Weiss' office charged Biden with two misdemeanor tax counts and a felony gun charge.
IRS whistleblower speaks out on Biden case
Gary Shapley, the IRS whistleblower in the Hunter Biden tax investigation, said he feels Biden was given preferential treatment. In an exclusive interview with CBS News Chief Investigative Correspondent Jim Axelrod, he also said that he was told not to pursue steps that could involve investigating President Biden.
IRS whistleblower on Hunter Biden plea deal
The IRS whistleblower who raised concerns about the Justice Department's investigation into Hunter Biden is now accusing federal prosecutors of offering a sweetheart deal to the president's son. Hunter Biden agreed earlier in June to plead guilty to tax and firearm-related charges. CBS News chief investigative correspondent Jim Axelrod reports.
IRS whistleblower speaks out on Hunter Biden case
Gary Shapley, the IRS whistleblower in the Hunter Biden tax investigation, said he feels Biden was given preferential treatment. In an exclusive interview with Jim Axelrod, he also said that he was told not to pursue leads that could involve investigating President Biden.
IRS whistleblower revealed
House Republicans revealed testimony from two IRS officials who claim there was sweeping misconduct in the Hunter Biden investigation. Senior investigative correspondent Catherine Herridge reports.
6/23: CBS News Mornings
Submarine's catastrophic implosion; young stars begin their NBA journeys.
IRS: $1.5 billion in tax refunds remain unclaimed. Here's what to know.
About 1.5 million Americans have until July 17 to get the unclaimed refunds, the tax agency says.
IRS sends bills to taxpayers with the wrong due date for some
Taxpayers in certain California counties were informed they needed to pay up in 21 days, but in fact they have until October.
IRS whistleblower speaks
In an exclusive interview with CBS News, IRS whistleblower Gary Shapley discussed what he called "irregularities" in the Justice Department's handling of a federal investigation connected to President Biden's son, Hunter Biden. Jim Axelrod reports.
IRS whistleblower speaks out for first time
An IRS whistleblower tells CBS News the DOJ "slow-walked" a tax probe said to involve Hunter Biden. CBS News chief investigative correspondent Jim Axelrod reports.
IRS is testing a free "Direct File" program. Here's what to know.
Some taxpayers will be able to test a prototype in 2024, possibly paving the way to a widespread free filing system, IRS said.
IRS admits Black taxpayers are more likely to get audited
Research shows that Black Americans face audit rates that are up to five times higher than those of other racial groups.
Why Nielsen reported the Church's fund
David Nielsen explained why he reported his church's fund to the IRS in 2019, and what he hopes will happen.
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.
Two women told House ethics panel Gaetz sent Venmo payments "for sex," their attorney says
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Russia warns of world war after Biden's decision on missiles for Ukraine
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
"Everything as it was": Explore the bedrooms of kids killed in school shootings
The families of eight school shooting victims opened their doors to Steve Hartman and photographer Lou Bopp, allowing them to document their children's bedrooms.
How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
"One Tree Hill" actor Paul Teal dies at 35 after cancer battle
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
What does and doesn't kill E. coli? What to know amid multiple outbreaks
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
Steve Bannon set for New York trial starting Feb. 25, judge rules
President-elect Donald Trum pardoned Steve Bannon in 2021 on federal charges related to the same scheme.
Family of U.S. activist killed in West Bank still demanding answers
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
Famed ballet dancer dies in fall from balcony in Russia
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
U.S.
More U.S.
"One Tree Hill" actor Paul Teal dies at 35 after cancer battle
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
What does Spirit Airlines' bankruptcy mean for you?
Spirit's bankruptcy filing will affect airfares across the board, whether you fly Spirit or not, experts say.
Dental company stocks jump amid RFK Jr.'s health claims about fluoride
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
House Ethics Committee to meet Wednesday amid growing pressure to release Gaetz report
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.
Two women told House ethics panel Gaetz sent Venmo payments "for sex," attorney says
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
MoneyWatch
More MoneyWatch
TNT's "Inside the NBA" will air on ESPN, ABC, as part of NBA settlement
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
What does Spirit Airlines' bankruptcy mean for you?
Spirit's bankruptcy filing will affect airfares across the board, whether you fly Spirit or not, experts say.
Dental company stocks jump amid RFK Jr.'s health claims about fluoride
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
Netflix says 60 million households watched Tyson-Paul match
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Politics
More Politics
Dental company stocks jump amid RFK Jr.'s health claims about fluoride
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
House Ethics Committee to meet Wednesday amid growing pressure to release Gaetz report
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.
Two women told House ethics panel Gaetz sent Venmo payments "for sex," attorney says
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Steve Bannon set for New York trial starting Feb. 25, judge rules
President-elect Donald Trum pardoned Steve Bannon in 2021 on federal charges related to the same scheme.
HealthWatch
More HealthWatch
Dental company stocks jump amid RFK Jr.'s health claims about fluoride
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
What does and doesn't kill E. coli? What to know amid multiple outbreaks
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
Combating Parkinson's with rock climbing
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
World
More World
Famed ballet dancer dies in fall from balcony in Russia
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
India's "severe plus" air pollution forces more dramatic safety measures
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
Family of U.S. activist killed in West Bank still demanding answers
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
Russia warns of world war after Biden's decision on missiles for Ukraine
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
Hologram used in bid to solve sex worker's cold case murder
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Entertainment
More Entertainment
"One Tree Hill" actor Paul Teal dies at 35 after cancer battle
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
TNT's "Inside the NBA" will air on ESPN, ABC, as part of NBA settlement
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
The stars of "Gladiator II" discuss the film's legacy
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
Netflix says 60 million households watched Tyson-Paul match
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
"Gladiator II" cast on new film
Ridley Scott's latest masterpiece revisits the world of ancient Rome with new characters and intense drama. The cast of "Gladiator II" talks to Nate Burleson on working with Scott and carrying forward the spirit of the iconic original.
Technology
More Technology
Technology
How this new car runs without gas or electricity
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
"Human … Please die": Chatbot responds with threatening message
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
Meta facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O'Grady explains.
The Guardian to stop posting on X, calling it "a toxic media platform"
The Guardian says benefits of being on Elon Musk's social media platform X are outweighed by its "often disturbing content."
Science
More Science
Science
How climate change impacts the economy
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say biggest coral in the world discovered in the Pacific
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Surfboards with lights could deter shark attacks: "Invisibility cloak"
Seal-shaped boards decked with bright horizontal lights were less likely to be attacked by great white sharks, researchers found.
Trump officials likely to reverse drilling waste "methane fee" EPA is imposing
Oil and natural gas companies will have to pay a federal fee if they emit methane above certain levels under a rule being finalized by the Biden administration that incoming Trump officials are likely to reverse.
Site of ancient, key battle in Iraq found using spy satellite images
1970s-era U.S. spy satellite imagery has led archeologists to what they believe is the site of a seventh-century battle that was decisive in the spread of Islam in the region.
Crime
More Crime
Crime
Shootings near New Orleans parade route
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
More on Laken Riley murder trial defense
Jose Ibarra's trial for the murder of Laken Riley, a student at Georgia's Augusta University College of Nursing, continues as Ibarra's family members are expected to testify on his behalf. CBS News contributor Caroline Polisi breaks down the latest in the case.
New Orleans parade shootings: What we know
Two people were killed in two separate shootings along a New Orleans parade route Sunday night. No arrests have been made so far. CBS News national reporter Kati Weis has more.
Testimony continues in Laken Riley trial
Jose Ibarra, the man accused in the brutal murder of 22-year-old nursing student Laken Riley, is back in a Georgia courtroom. CBS News producer Jared Eggleston has the latest on the case.
Hologram used in bid to solve sex worker's cold case murder
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Space
More Space
Far side of the moon once had erupting volcanoes, lunar soil shows
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.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Cargo ship brings science gear, holiday treats to space station crew
With an Election Day docking, the cargo ship delivered 3 tons of supplies and equipment, including an unusual wooden satellite.
The Taurid meteor showers will peak a week apart in November
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
Latest Galleries
More Latest Galleries
Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Lawyer details clients' testimony about Gaetz
Attorney Joel Leppard, who's representing two women who testified before the House Ethics Committee about Matt Gaetz, said his clients allege the former Florida representative paid them for sex. He discussed their testimony in an interview with CBS News' Major Garrett. Gaetz has denied all wrongdoing. His attorneys did not respond to requests for comment on Monday.
House committee may meet on Gaetz report
There are reports of a potential gathering of the House Ethics Committee to discuss the investigation into former Florida Rep. Matt Gaetz. CBS News' Nikole Killion has more on the probe and its findings possibly being made public.
Latest news on Trump's team picks
President-elect Donald Trump is standing by his team picks as he prepares for a second term in the White House. CBS News' Olivia Rinaldi breaks down how Trump is handling critiques over his choice for secretary of defense, and the latest on his choice to head the Energy Department.
Spirit Airlines bankruptcy and holidays
The Spirit Airlines bankruptcy news may not affect holiday travel but could limit some service options in the future due to cost-cutting measures. CBS News MoneyWatch correspondent Kelly O'Grady has more on the airline, and new details on the stock market rally after the 2024 elections.
Controversy over Trump's Cabinet picks
CBS News has learned President-elect Trump's choice to lead the Department of Defense, Fox News host Pete Hegseth, paid a settlement to a woman who accused him of sexual assault in 2017. Hegseth's attorney said the Army veteran paid to ward off a baseless lawsuit and that she initiated a consensual encounter while Hegseth was intoxicated. Meanwhile, Trump's pick for attorney general, Matt Gaetz, remains under scrutiny amid reports of his alleged sexual misconduct and illicit drug use, which he denies. The former Florida representative was the subject of a House ethics investigation, which ended when Gaetz resigned his House seat last week.