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.
The attack on Israel's Kerem Shalom prompted officials to close the terminal, disrupting critical shipments of food and other humanitarian aid into Gaza.
A flood watch was in place through Sunday night for a vast section of southeastern Texas, including Houston, that's been pummeled by rain.
South Dakota Gov. Kristi Noem has been under fire for details about killing her dog and a false claim about meeting with North Korea's leader in her new book.
Live images from the campus of USC showed LAPD officers creating a perimeter around the site of the encampment, with no visible protesters on-site. Tents and debris were left behind.
Bernard Hill died Sunday at 79. The actor was known for his roles in "Lord of the Rings" and "Titanic."
Multiple bomb threats were made against synagogues in New York City on Saturday, according to the New York City Police Department.
Madonna put on a free concert in Rio de Janeiro, turning a stretch of Copacabana beach into an enormous dance floor.
Two veteran astronauts will put the Starliner through its paces in the ship's first piloted flight to orbit.
At 68 years old, and after about 100 films and 16 seasons on "The View," Whoopi Goldberg thinks there's still part of her you do not know. She talks about her new memoir, "Bits and Pieces: My Mother, My Brother, and Me."
On this "Face the Nation" broadcast, Jordan's Queen Rania al Abdullah and South Dakota Gov. Kristi Noem join Margaret Brennan.
The Eta Aquariids meteor shower will peak overnight on Sunday into Monday, according to NASA.
South Dakota Gov. Kristi Noem has been under fire for details about killing her dog and a false claim about meeting with North Korea's leader in her new book.
A flood watch was in place through Sunday night for a vast section of southeastern Texas, including Houston, that's been pummeled by rain.
Two veteran astronauts will put the Starliner through its paces in the ship's first piloted flight to orbit.
Warren Buffett referred to close friend Charlie Munger as the "the architect of Berkshire Hathaway."
The retailer says the peelable treats have been "flying off the shelves" ever since TikTokers discovered the candy.
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.
U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.
Job site Indeed identified the top 10 most sought-after job candidates by employers and recruiters. Here's what they found.
On this "Face the Nation" broadcast, Jordan's Queen Rania al Abdullah and South Dakota Gov. Kristi Noem join Margaret Brennan.
The following is a transcript of an interview with Rep. Ro Khanna, Democrat of California, that aired on May 5, 2024.
The following is a transcript of an interview with Sen. John Fetterman, Democrat of Pennsylvania, that aired on May 5, 2024.
South Dakota Gov. Kristi Noem has been under fire for details about killing her dog and a false claim about meeting with North Korea's leader in her new book.
The following is a transcript of an interview with South Dakota Gov. Kristi Noem that aired on May 5, 2024.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Stress is hard to avoid, but experts say getting outdoors can have a positive impact on both our mental and physical health.
Actress Halle Berry joined with a group of bipartisan senators on Thursday to announce new legislation to promote menopause research, training and education.
New CDC data shows about 680 women in the U.S. died during pregnancy or shortly after childbirth in 2023, a decline from the previous year.
UnitedHealth Group CEO Andrew Witty disclosed that a cyberattack on one of its subsidiaries earlier this year might affect up to a third of all Americans.
Madonna put on a free concert in Rio de Janeiro, turning a stretch of Copacabana beach into an enormous dance floor.
Massive floods in Brazil's southern Rio Grande do Sul state have killed at least 60 people and another 101 are reported missing, according to Sunday's toll from local authorities.
The attack on Israel's Kerem Shalom prompted officials to close the terminal, disrupting critical shipments of food and other humanitarian aid into Gaza.
The incident occurred in the parking lot of a hardware store in Willetton, a suburb in the west coast city of Perth, on Saturday night.
Israeli Prime Minister Benjamin Netanyahu says his government's cabinet has voted unanimously to shutter the offices of the Qatar-owned broadcaster Al Jazeera in Israel.
Bernard Hill died Sunday at 79. The actor was known for his roles in "Lord of the Rings" and "Titanic."
Madonna put on a free concert in Rio de Janeiro, turning a stretch of Copacabana beach into an enormous dance floor.
At 68 years old, and after about 100 films and 16 seasons on "The View," Whoopi Goldberg thinks there's still part of her you do not know. She talks about her new memoir, "Bits and Pieces: My Mother, My Brother, and Me."
At 68 years old, and after about 100 films and 16 seasons on "The View," Whoopi Goldberg thinks there's still part of her you do not know. She's penned a memoir, "Bits and Pieces: My Mother, My Brother, and Me," which she calls a "thank you" to her late mother, Emma, and late brother, Clyde. Goldberg talks with correspondent Seth Doane about her remarkable path, from a housing project in New York's Chelsea neighborhood, to a retreat overlooking a peninsula on the island of Sardinia.
The hit CBS drama is set to end this year, but there's been pushback, most notably from its star. He talks about his desire to continue the show; his memoir, "You Never Know"; and the legacy of "Magnum, P.I."
Sidechat, an app launched in 2022 where students can post anonymously about their colleges, is becoming a tool for those choosing to protest at U.S. campuses. Amanda Silberling, a senior culture writer for TechCrunch, joins CBS News with more details on the app.
Microsoft users can now use biometric passkeys, like a thumbprint or Face ID, to sign into Microsoft 365, Copilot. Jon Fingas, senior editor at Techopedia, has more.
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.
Sidechat, an anonymous messaging app, has been used by students to share opinions and updates, but university administrators say it has also fueled hateful rhetoric.
Georgia is home to the nation's newest nuclear reactor. It's bringing clean energy to the state, but the project has run over budget and past its original completion date. Drew Kann, climate and environment reporter for The Atlanta Journal-Constitution, joins CBS News to explore the effort.
When NASA added a tiny four-pound helicopter as a stowaway to its Mars 2020 lander, it expected the helicopter to fly five very brief flights in the thin Martian atmosphere. Yet, Ingenuity would far surpass all expectations.
When NASA added a drone named Ingenuity to its Mars 2020 rover Perseverance, it expected the tiny four-pound helicopter to fly a total of five very brief missions in the thin Martian atmosphere. But Ingenuity far surpassed all expectations, flying dozens of flights before suffering damage to its rotors in January. Correspondent David Pogue reports on how the tiny drone, created from off-the-shelf parts, continued to provide valuable data and images from the Red Planet three years into its mission.
There's a newly-determined "major factor" in declining bumblebee populations – and it's attacking their nests.
On Monday, Boeing plans to launch astronauts on its new spacecraft that is called Starliner. The test flight to the International Space Station is years behind schedule.
Georgia is home to the nation's newest nuclear reactor. It's bringing clean energy to the state, but the project has run over budget and past its original completion date. Drew Kann, climate and environment reporter for The Atlanta Journal-Constitution, joins CBS News to explore the effort.
Brian Fanion says he and his wife Amy Fanion had been arguing about his retirement plans when she picked up his service weapon and shot herself. Investigators did not believe his story.
Federal prosecutors said the men used fake badges, police lights and firearms to rob and kidnap Shamari Taylor for drug money.
Police in Wisconsin fatally shot a student who had pointed a pellet rifle in their direction outside a middle school, according to the state's Department of Justice.
In one find, a K-9 officer helped police find over a dozen fish buried in the sand and hidden behind logs and brush piles.
Massachusetts investigators uncover a suspicious web history after Brian Fanion reports his wife Amy's death as a suicide.
The Eta Aquariids meteor shower will peak overnight on Sunday into Monday, according to NASA.
Two veteran astronauts will put the Starliner through its paces in the ship's first piloted flight to orbit.
Boeing is expected to launch its Starliner space capsule that will take two astronauts to the International Space Station. CBS News consultant Bill Harwood breaks down Boeing's mission.
It is the latest advance in China's increasingly sophisticated space exploration program, which is now competing with the U.S.
Boeing is set to launch its first-ever spaceflight with humans next week. The Starliner spacecraft will lift off from Florida on Monday night for a multi-day mission to the International Space Station. Commander Barry "Butch" Wilmore and pilot Sunny Williams, two seasoned NASA astronauts who are a part of the mission, join CBS News to go over the flight.
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.
Journalist and author David Sanger joins Major Garrett to discuss his new book "New Cold Wars: China's Rise, Russia's Invasion, and America's Struggle to Defend the West," which details the myriad of challenges the U.S. faces in positioning itself as the leader of the free world amid conflicts around the globe.
Democratic Sen. John Fetterman tells "Face the Nation" that although he knows his state will be "very competitive" in the 2024 election, "Joe Biden beat Trump in Pennsylvania and he's going to do that again."
Rep. Ro Khanna, Democrat of California, tells "Face the Nation" that as some campus protesters have engaged in violence or antisemitism, "it is diminishing the thousands of young people who simply want the war to end." Calling on protesters to "look to John Lewis or Dr. King," he said they "need to show the discipline."
South Dakota Gov. Kristi Noem tells "Face the Nation" that her forthcoming book has been "edited" after her claim about meeting Kim Jong Un turned out to be false. She also said that she shared a story about killing her 14-month-old dog Cricket because "I want the truth to be out there."
Queen Rania al Abdullah of Jordan tells "Face the Nation" that the Arab world sees the U.S. as an "enabler" of Israel. "People view the U.S. as being a party to this war," she said.