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How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 1d -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 2d -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - 5d -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 1h -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 1d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 2d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 4d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 1d -
Sweden says Russia is greatest threat to its security
The nation's security service says there is a "tangible risk" of the security situation deteriorating further.BBC News - 1d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 1d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 9h -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 2d -
Tips to prevent Social Security overpayments
Social Security overpays its recipients by billions of dollars every year — and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.CBS News - 2h -
Why Social Security’s Future Could Be in DOGE’s Hands
Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.Inc. - 3d -
Social Security's plan to get overpayments back
The Social Security Administration (SSA) announced its plan to recover 100% of overpayments to beneficiaries. CBS News' Lindsey Reiser reports.CBS News - 2d -
U.S. to restart intelligence sharing and security assistance to Ukraine
The United States will immediately lift a pause on intelligence sharing with Ukraine and resume providing security assistance to Volodymyr Zelenskyy's government.NBC News - 1d -
Elon Musk was right — Social Security is a Ponzi scheme
Social Security is unsustainable. The rare, brave soul who admits this truth can expect to suffer the consequences.The Hill - 9h -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - 4d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 3d -
Department of Education offices closed Wednesday for 'security reasons'
The Department of Education told staff in an email Tuesday that its offices would be closed Wednesday for “security reasons.” The email, obtained by NewsNation, said workers needed to leave the ...The Hill - 1d -
Social Security is about to become a big problem for Trump
As we look to the midterm elections next year, Trump will be dealing with 2.5 million people in Social Security’s disability backlog who aren't receiving a basic governmental function.The Hill - 4h -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - 1d -
Here's what to know about Social Security's new overpayment rule
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.CBS News - 1d -
Elon Musk Suggests DOGE Team Will Scrutinize Social Security and Entitlement Spending
In an interview with Larry Kudlow, Elon Musk claimed that fraud in Social Security and other major programs was “the big one to eliminate.”The New York Times - 1d -
Department of Homeland Security begins polygraph tests on employees
Four sources say the Department of Homeland Security has begun performing polygraph tests on employees to determine who might be leaking information to the media about immigration operations. NBC ...NBC News - 2d -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - 2d -
How the Social Security Administration plans to take back overpayments to Americans
The Social Security Administration plans to take back overpayments to beneficiaries from their upcoming checks. CBS MoneyWatch associate managing editor Aimee Picchi has more.CBS News - 1d -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democratic senators warn.CNBC - 3h -
Tulsi Gabbard pulls security clearances for top Biden officials and those who went after Trump
National Intelligence Director Tulsi Gabbard said Monday she has stripped security clearances from dozens of former national security officials, the Manhattan district attorney who secured a felony ...NBC News - 1d -
Perkins Coie sues over Trump's order stripping security clearances
Law firm Perkins Coie has launched a suit to challenge President Trump’s stripping of security clearances for lawyers at the firm, saying it was targeted due to its past work for Democrats. Perkins ...The Hill - 1d -
Department of Homeland Security backs polygraph tests for suspected leakers
The Department of Homeland Security is using lie detector tests for agency employees to try to detect apparent leakers of classified information. Blake McConnell, a polygraph expert, joins CBS News ...CBS News - 1d -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - 11h -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
Democratic Senators Elizabeth Warren of Massachusetts and Ron Wyden of Oregon are warning Frank Bisignano, the nominee to lead the Social Security Administration, that he will be responsible if ...NBC News - 3h -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - 1d -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 5h -
Pakistani security forces exchange gunfire with separatists holding about 300 people hostage aboard a train
Pakistani security forces exchange gunfire with separatists holding about 300 people hostage aboard a trainABC News - 14h