Breaking down the Supreme Court tax code case
The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.
The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The GOP plan would set a national sales tax of 30% and eliminate the IRS.
Truss faced a fast-mounting rebellion just weeks into her tenure, with a senior member of her own party declaring he'd "had enough of talentless people."
The prime minister's 6-week tenure has been defined by self-inflicted chaos, but with her party divided, it's unclear where Britain goes from here.
Experts say public confidence in United Kingdom Prime Minister Liz Truss is steadily falling after she reversed course on her proposed tax reforms. Ian Lee has the latest.
The "mini-budget" rolled out by the duo caused the pound to plummet in value, interest rates to soar, and sparked chaos in financial markets.
House Democrats are expected to pass a sweeping spending package Friday. The Inflation Reduction Act aims to lower health care costs, combat climate change and raise taxes for some large corporations. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green and Vladimir Duthiers to discuss the vote and the upcoming midterm elections.
April 18 is the deadline for most Americans to file their tax returns. Rebecca Walser, president of Walser Wealth Management, shares tips for navigating filing this year, including advice for those who received a child tax credit or dabbled in the stock market.
The plan would affect almost 30,000 American families with assets of more than $100 million. Here's what you should know.
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
States are cutting taxes amid booming revenue. "You can't have your cake and eat it too, but we kind of are this year," one governor said.
The Biden administration is proposing the Internal Revenue Service help fund the president's expansive social programs package by tracking down $7 trillion in unpaid taxes. CBS News MoneyWatch reporter Irina Ivanova explains to CBSN's Tanya Rivero why not everyone is happy about the proposal.
Nonprofit investigative journalism organization ProPublica obtained never-before-seen IRS information and found the 25 richest Americans sometimes paid little or no federal income taxes. That includes Warren Buffett, Elon Musk, Michael Bloomberg and Jeff Bezos, the richest person in America. CBS News correspondent Elise Preston reports on reaction to the report, and Robert McClelland, a senior fellow with the Tax Policy Center, joined CBSN to discuss.
At tax time, claiming a child or dependent can save you a lot of money - but it's not always straightforward. CBSN spoke with New Gen Financial's Alicia Jegede to break down the do's and don'ts.
Fourteen-term New York Republican Representative Peter King won't seek reelection. The 75-year-old joins a growing number of Republicans and a handful of Democrats who plan to leave after next year. CBSN New York's Carolyn Gusoff reports.
The IRS is deteriorating after eight years of budget cuts, according to a ProPublica investigation, which found the agency's decline benefits the wealthy while hurting the poor. Paul Kiel co-authored the report, "How the IRS Was Gutted." He joins CBSN to discuss his reporting.
Tax changes give eligible people with disabilities several ways to put additional money into these special accounts
One the key races in the battle for control of the Seante is in Arizona, where Democrat Kyrsten Sinema is running against Republican Martha McSally. Voters are focused on key national issues like tax reform and health care. "CBS Evening News" anchor Jeff Glor reports.
The FBI has began investigating sexual assault allegations against Judge Brett Kavanaugh. Also within the past week, the House of Representatives has passed a tax bill and Sen. Elizabeth Warren said she will consider running for president in 2020. Kevin Cirilli, chief Washington correspondent for Bloomberg, joins CBSN's Elaine Quijano to discuss the latest headlines in politics.
CBS News chief White House correspondent Major Garrett joins Elaine Quijano on CBSN's "Red and Blue" to discuss his new book, "Mr. Trump's Wild Ride," which documents the first year of the Trump administration.
The bills aim to make individual and small business tax cuts permanent ahead of November's midterm elections
Changes to the tax code that are now in effect might snare up to 4.5 million Americans at tax time next April
Last year's record total boosted nearly every kind of philanthropy, but trouble could be looming
Voters in California are selecting general election nominees in key races across the state, including for governor and several important congressional races. Seema Mehta, political writer for the Los Angeles Times, joins CBSN to break down the primary elections.
Protesters nationwide are demanding that schools cut financial ties to Israel and divest from companies they say are enabling the conflict.
There have been several injuries linked to tornadoes on Friday, but no fatalities have been reported.
Hamas says it received the cease-fire proposal from Israel after a high-level Egyptian delegation wrapped up a visit to Israel.
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.
Harvey Weinstein's 2020 conviction on felony sex crime charges was overturned by the State of New York Court of Appeals.
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.
Another climbing party saw the pair fall and cared for the surviving climber until help arrived the next morning.
Intimacy coordination is a relatively new and growing field with movie and television productions required to make a good-faith effort to hire one if needed on set.
Authorities say a freight train derailment and fire have forced the closure of a key east-west interstate trucking route near the Arizona-New Mexico state line.
The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract.
There have been several injuries linked to tornadoes on Friday, but no fatalities have been reported.
Another climbing party saw the pair fall and cared for the surviving climber until help arrived the next morning.
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.
Hamas says it received the cease-fire proposal from Israel after a high-level Egyptian delegation wrapped up a visit to Israel.
The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract.
Intimacy coordination is a relatively new and growing field with movie and television productions required to make a good-faith effort to hire one if needed on set.
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
The income needed to join your state's top earners can vary considerably, from a low of $329,620 annually in West Virginia to $719,253 in Washington D.C.
About 7 in 10 retirees stop working before they turned 65. For many of them, it was for reasons beyond their control.
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.
South Dakota Gov. Kristi Noem — a potential running mate for presumptive Republican presidential candidate Donald Trump — is getting attention again.
Prosecutors in former President Donald Trump's criminal trial in New York called two new witnesses to the stand on Friday, rounding out the first week of testimony.
Border officers have broad authority to search travelers' electronic devices without a warrant or suspicion of a crime.
The White House had been due to decide on the menthol cigarette rule in March.
Around 1 in 5 retail milk samples had tested positive for the bird flu virus, but further tests show it was not infectious.
The White House had been due to decide on the menthol cigarette rule in March.
The discovery of drug-resistant bacteria in two dogs prompted a probe by the CDC and New Jersey health authorities.
First known HIV cases from a nonsterile injection for cosmetic reasons highlights the risk of unlicensed providers.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
Iraqi authorities are investigating the killing of a well-known social media influencer Um Fahad who was shot by an armed motorcyclist in front of her home in central Baghdad.
Hamas says it received the cease-fire proposal from Israel after a high-level Egyptian delegation wrapped up a visit to Israel.
A Moscow court has detained another suspect as an accomplice in the attack by gunmen on a suburban Moscow concert hall in March.
Russia has launched a barrage of missiles against Ukraine directed at energy facilities.
The father of one now faces the potential of a mandatory minimum prison sentence of up to 12 years.
Intimacy coordination is a relatively new and growing field with movie and television productions required to make a good-faith effort to hire one if needed on set.
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. From his new album "$10 Cowboy," here is Charley Crockett with "America."
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. From his new album "$10 Cowboy," here is Charley Crockett with "Solitary Road."
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. With the title track from his new album, here is Charley Crockett with "$10 Cowboy."
Comedian Nate Bargatze is having quite the year: He's bringing laughs across the country with his "Be Funny" tour, and this week he's a headline comic at the Hollywood Bowl with stars like Jerry Seinfeld. Dana Jacobson sat down with Bargatze to talk about his journey to the stage.
NYU Langone Health and Meta have developed a new type of MRI that dramatically reduces the time needed to complete scans through artificial intelligence. CBS News correspondent Anne-Marie Green reports.
The Federal Communications Commission voted to adopt net neutrality regulations, a reversal from the policy adopted during former President Donald Trump's administration. Christopher Sprigman, a professor at the New York University School of Law, joins CBS News with more on the vote.
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.
Are you using your smartwatch to the fullest? Here are 4 metrics doctors say can be useful to track beyond your daily step count.
Local and federal authorities face challenges in investigating and prosecuting romance scammers because the scammers are often based overseas. Jim Axelrod explains.
Bats have often been called scary and spooky but experts say they play an important role in our daily lives. CBS News' Danya Bacchus explains why the mammals are so vital to our ecosystem and the threats they're facing.
Pediatrician Dr. Mona Hanna-Attisha, whose work has spurred official action on the Flint water crisis, told CBS News that it's stunning that "we continue to use the bodies of our kids as detectors of environmental contamination." She discusses ways to support victims of the water crisis, the ongoing work of replacing the city's pipes and more in this extended interview.
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent Ash-har Quraishi spoke with residents about what the past decade has been like.
According to the University of California, Davis, residential energy use is responsible for 20% of total greenhouse gas emissions in the U.S. However, one company is helping residential buildings reduce their impact and putting carbon to use. CBS News' Bradley Blackburn shows how the process works.
Emerging cicadas are so loud in one South Carolina county that residents are calling the sheriff's office asking why they can hear a "noise in the air that sounds like a siren, or a whine, or a roar." CBS News' John Dickerson has details.
Angel Gabriel Cuz-Choc was found hiding in a wooded area after his girlfriend and her 4-year-old daughter were found dead in Florida.
Dramatic bodycam footage shows the moment Florida deputies and K-9 dogs close in on a double murder suspect hiding in a thickly wooded area.
A new "48 Hours" investigation is looking into the death of a Kansas woman after she was found dying from a gunshot wound in 2019. The coroner initially ruled Kristen Trickle's death a suicide, but the local prosecutor said evidence on the scene didn't add up. "48 Hours" correspondent Erin Moriarty has the story.
A Bucharest court has ruled that a case against social media influencer Andrew Tate meets the required legal criteria and can go ahead, but there's no date set yet.
After Kristen Trickle died at her home in Kansas, her husband Colby Trickle received over $120,000 in life insurance benefits and spent nearly $2,000 on a sex doll supposedly to help him sleep.
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.
In 1961, Ed Dwight was selected by President John F. Kennedy to enter an Air Force training program known as the path to NASA's Astronaut Corps. But he ultimately never made it to space.
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
In November 2023, NASA's Voyager 1 spacecraft stopped sending "readable science and engineering data."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
In Oklahoma, Nate Burleson shares his family’s personal connection to one of America’s darkest chapters. Then in Texas, we tour the renowned Kinsey Collection, the largest private holding of African American art and artifacts. Watch these stories and more on Eye on America with host Michelle Miller.
A police officer becomes a guardian angel for a little girl struggling at school. A New Jersey toddler goes viral for the way she speaks, bringing joy and laughs to millions. A 7-year-old makes history at the rodeo. Plus, more inspiring stories.
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. From his new album "$10 Cowboy," here is Charley Crockett with "America."
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. From his new album "$10 Cowboy," here is Charley Crockett with "Solitary Road."
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen albums later, Crockett has established himself as one of the leaders in traditional country music's revival. With the title track from his new album, here is Charley Crockett with "$10 Cowboy."