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Who qualifies for the home office deduction on their taxes?
The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.
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The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.
The Internal Revenue Service says it will not be collecting federal taxes against payments issued in several states last year to offset inflation. But, certain requirements are being imposed in some states. Rebecca Walser, president of Walser Wealth Management, joins CBS News' Lilia Luciano and Lana Zak to answer questions about the tax confusion.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
The Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
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.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Most online sellers will be spared from tracking and reporting side-hustle income on their taxes for at least another year.
Max out contributions to your 401k, prune investments and make sure you've paid enough to reduce headaches in April.
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 hottest inflation in 40 years is likely to impact everything from your taxes to your retirement contributions.
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.
The U.K. government is abandoning a plan to cut income taxes for the wealthy. The move was wildly unpopular, and even sent the value of the pound tumbling when it was first announced last month. John Quelch, dean of the Miami Herbert Business School at the University of Miami, joined CBS News' John Dickerson for his analysis.
The British government reversed course Monday, saying it would not move forward with a proposed tax reduction for high earners that sent the pound tumbling last week. Joining anchors Vladimir Duthiers and Anne-Marie Greene to talk about market shifts in both the U.S. and U.K. is Javier David, managing editor of business and markets at Axios.
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
Monday marks the deadline for most Americans to file their individual income taxes. CBS News reporter Sarah Ewall-Wice joined "Red and Blue" to discuss the tax filing process, extensions, and issues at the IRS.
The first and second couples released their tax returns Friday.
Learn about IRS Free File, TurboTax, H&R Block and other tax-prep services you need to know about now.
There are only a few days left to gather your paperwork to file your 2021 taxes ahead of the deadline Monday, April 18, 2022. Professor Dorothy A. Brown, a tax law expert and author of "The Whiteness of Wealth: How the Tax System Impoverishes Black Americans - and How We Can Fix It," joined Lana Zak to talk about taking some of the pain out of the process.
Here's a look at no-fee, 0% APR loan offers by leading commercial tax-prep services, including H&R Block.
Some Americans may see smaller-than-expected tax refunds in 2022 due to the Child Tax Credit. CBS MoneyWatch reporter Aimee Picchi joins CBSN to explain what people need to know before filing their returns.
Democratic lawmakers are considering a billionaire income tax to help pay for President Biden's agenda. CBS News reporter Sarah Ewall-Wice joined CBSN's Tanya Rivero with more on how this tax would work.
As many as 13 million taxpayers who collected unemployment benefits last year may be eligible to get money back.
Federal prosecutors filed criminal charges against Hamas leaders for the deaths of American citizens in Israel on Oct. 7, 2023, according to charging documents.
Oklahoma officials had asked the Supreme Court to temporarily prohibit the DHHS from stripping the Oklahoma State Department of Health of $4.5 million in federal Title X funding.
The strike appeared to be one of the deadliest carried out by Russian forces since the war began more than 900 days ago.
Israeli leader Benjamin Netanyahu says he will not "give in to pressure" to agree to a truce in the war with Hamas.
The San Francisco 49ers said Ricky Pearsall was shot in the chest. Pearsall's mother said on social media that a single bullet entered through the right side of his chest and exited out of his back, missing vital organs.
A federal judge in Atlanta has ruled that former President Donald Trump and his campaign must stop using the song "Hold On, I'm Coming."
Here's where the mosquito-borne diseases West Nile virus and eastern equine encephalitis are being reported in the U.S. in 2024.
Texas deputy Maher Husseini was stopped at an intersection in his personal vehicle when a suspect exited another car and opened fire on him, authorities said.
Linda Sun, a former aide to New York Gov. Kathy Hochul, was arrested by the FBI Tuesday morning, the FBI confirmed.
U.S. District Judge Alvin Hellerstein's ruling upends the Republican presidential nominee's plan to move the case to federal court.
A federal judge in Atlanta has ruled that former President Donald Trump and his campaign must stop using the song "Hold On, I'm Coming."
The shooting appeared to be "unintentional and self-inflicted," police said in a statement.
Texas deputy Maher Husseini was stopped at an intersection in his personal vehicle when a suspect exited another car and opened fire on him, authorities said.
The U.S. Open's signature drink is a smash hit with tennis fans, and for vodka maker Grey Goose, despite its steep $23 price.
The U.S. Open's signature drink is a smash hit with tennis fans, and for vodka maker Grey Goose, despite its steep $23 price.
Given that many retirees live on fixed incomes, affordability is a key metric to take into account when considering where to live out one's golden years.
A quirk of the calendar means millions of Social Security recipients won't receive checks this month.
Scammers are increasingly targeting U.S. consumers using Bitcoin teller machines, with some people losing thousands of dollars.
Monthly job growth has replaced inflation updates as the most important signal of how the economy is faring.
U.S. District Judge Alvin Hellerstein's ruling upends the Republican presidential nominee's plan to move the case to federal court.
A federal judge in Atlanta has ruled that former President Donald Trump and his campaign must stop using the song "Hold On, I'm Coming."
Federal prosecutors filed criminal charges against Hamas leaders for the deaths of American citizens in Israel on Oct. 7, 2023, according to charging documents unsealed Tuesday.
Oklahoma officials had asked the Supreme Court to temporarily prohibit the Department of Health and Human Services from stripping the Oklahoma State Department of Health of $4.5 million in federal Title X funding.
Linda Sun, a former aide to New York Gov. Kathy Hochul, was arrested by the FBI on Tuesday morning, the FBI confirmed.
Here's where the mosquito-borne diseases West Nile virus and eastern equine encephalitis are being reported in the U.S. in 2024.
Asian American and Pacific Islander women once had a relatively low rate of breast cancer diagnoses. Now, researchers are scrambling to understand what's changed.
As a new school year is set to begin, some areas are seeing lower levels of vaccinations, which could make kids more susceptible to diseases like measles and whooping cough. Thd CDC is stepping up efforts to help get kids vaccinated, including those from lower income family who may struggle to afford health care. Celine Gounder reports.
Massachusetts Gov. Maura Healey, who signed a maternal health bill in her state last week, tells "Face the Nation with Margaret Brennan" that she doesn't "believe anything that Donald Trump says," including his recent support of IVF. "I don't think Donald Trump can spell IVF, let alone understand what it means, because his own Project 2025, remember, which establishes a fetal personhood, would undermine and take away IVF treatment," Healey added.
A chance test by a gastrointestinal specialist led to a "bombshell" diagnosis.
Federal prosecutors filed criminal charges against Hamas leaders for the deaths of American citizens in Israel on Oct. 7, 2023, according to charging documents unsealed Tuesday.
Archaeologists unearthed a collection of 27 silver coins that officials say date back to the ancient Roman Republic.
The Indian state of West Bengal passed a law seeking the death penalty for rapists in the wake of a doctor's brutal rape and murder.
The couple — who prosecutors say had a "long-unfulfilled wish to have a daughter" — are also accused of killing the Ukrainian woman's mother.
Israeli leader Benjamin Netanyahu says he will not "give in to pressure" to agree to a truce in the war with Hamas.
A federal judge in Atlanta has ruled that former President Donald Trump and his campaign must stop using the song "Hold On, I'm Coming."
Kyndle Wylde, the winner of "CBS Mornings" Mixtape Music Competition, grew up singing in her family's worship band before moving to Nashville.
Actor Max Greenfield, star of hit series "The Neighborhood" and "New Girl," discusses his new children's book, "Good Nice Thoughts." The book, inspired by his friendship with the late actor Leslie Jordan, aims to help kids tackle their anxieties.
Kyndle Wylde talks about her reaction to winning "CBS Mornings" Mixtape Music Competition and what's next for her in her music career.
You voted, and the winner of the "CBS Mornings" Mixtape Music Competition is Kyndle Wylde. The singer-songwriter grew up singing in her family's worship band at church and moved to Nashville to pursue her dreams of a career in music.
Brazilian Supreme Court Judge Alexandre de Moraes ordered the suspension of Elon Musk's social media giant X in Brazil after the billionaire refused to name a legal representative in the country.
Ads for major Republican and Democratic groups and candidates appear under racist content that could be making money on X.
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.
If you have an Amazon smart speaker, you may count on Alexa to help keep track of your to-do lists, check the weather or answer your questions on the fly, but would you pay extra if it meant an upgraded version of the personal voice assistant? Amazon is ready to find out as it looks to launch its delayed AI Alexa subscription by October. Abrar Al-Heeti, consumer tech and mobile reporter for CNET, joined CBS News to discuss the new service.
New artificial intelligence tools such as Flux are making it easier than ever to alter or fabricate images.
The National Oceanic and Atmospheric Administration outlook through November indicates warmer than average temperatures are expected in 2024. CBS News national environmental correspondent David Schechter reports.
Researchers discovered the first known case of a porbeagle shark likely being killed by a large shark predator, raising questions about whether this rare instance represents a larger trend.
More Americans are having to choose between food and energy bills as the price of electricity rises. The cost is based on many factors, but one stands out from the rest — and is likely only going to make matters more complicated and expensive.
The crash-landing of a SpaceX booster ended a string of 267 successful recoveries in a row.
The landing mishap ended a string of 267 successful booster recoveries.
All four victims were passengers on a Blue Line train as it was headed into the Forest Park terminal when they were shot shortly before 5:30 a.m.
The San Francisco 49ers said Ricky Pearsall was shot in the chest. Pearsall's mother said on social media that a single bullet entered through the right side of his chest and exited out of his back, missing vital organs.
Texas deputy Maher Husseini was stopped at an intersection in his personal vehicle when a suspect exited another car and opened fire on him, authorities said.
The FBI says it has arrested Linda Sun, a former deputy chief of staff for New York Governor Kathy Hochul, along with her husband Chris Hu. The couple will be charged for violating the Foreign Agents Registration Act. CBS News New York's Marcia Kramer reports.
A New York man will be sentenced for making thousands of harassing calls to several U.S. lawmakers. Ade Lilly faces up to five years in prison. CBS News Justice Department reporter Rob Legare has more.
Crew 9 commander Zena Cardman and Stephanie Wilson will stay behind when the Crew 9 mission takes off on Sept. 24.
Blue Origin launched six passengers, including a NASA-sponsored researcher and the youngest woman to fly in space, in the company's eighth crewed spaceflight.
The crash-landing of a SpaceX booster ended a string of 267 successful recoveries in a row.
SpaceX pressed ahead with plans for back-to-back launches of Starlink internet satellites Wednesday, one from Florida and the other from California. But there were some issues in Florida when the first stage of the Falcon 9 rocket toppled over after landing at sea. CBS News senior national correspondent Mark Strassmann has more.
The landing mishap ended a string of 267 successful booster recoveries.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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.
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."
Throughout history, there have been several notable spills -- oil in the ocean, molasses in Boston, and the New York Times reminds us Tuesday of the legacy of the Great Lego Spill of 1997.
Tennis fans are flocking to Queens, New York, in record numbers to grab seats at the 2024 U.S. Open tournament. The tournament last week saw more than 75,000 fans on average per day.
Tipping feels like a growing part of our daily life, and the numbers support this. According to the payroll processing firm Gusto, 6.5% of American retailers currently accept tips, which is nearly twice the amount recorded in 2019. Michael Lynn, a professor at the Cornell School of Hotel Administration, joins to discuss.
The last time a far-right party won an election in Germany, President Franklin D. Roosevelt signed the New Deal, and the world saw the creation of FM radio. On Monday, a new far-right group made gains in the country after state elections.
We're just about two months away from Election Day, but in some states, legal fights over the race have already started. In Georgia, the Republican-controlled State Election Board has passed a rule that will allow election officials to conduct "reasonable inquiries" before certifying results. Democrats are suing to block it, arguing that the bar for these "reasonable" inquiries isn't clearly set and could allow any one board member to block the certification of election results for any reason. CBS News election law contributor David Becker joins to discuss.