Latest in Taxes

We explain how Republicans are approaching taxes.

The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.

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 ...

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 ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.

Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.

Friday's front pages cover proposals for a Ukraine military deployment and council tax rises.

No tax changes in the Spring Statement, but if the search for growth proves fruitless they’ll soon be back on the agenda

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.

Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.

Nearly two-thirds of people worry scammers will steal their personal information to file a fraudulent tax return, according to an Allstate Insurance survey.

Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.

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 ...

Republicans are trying to pass a bill to cut taxes by $4.5 trillion by reducing government spending by $2 trillion, including cutting Medicaid and SNAP by $800 billion, which would be a bad ...

Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.

Seniors who want to ease the stress and expenses that come with tax season should make these moves now.

UK tax agency is under growing pressure from government to increase revenue by improving compliance

Filing an extension doesn't necessarily change the date your tax payment is due. Here's why.

Ethiopia’s parliament is introducing a new tax for all workers as part of measures to fill the financial gap left by the USAID funding pause

Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.

Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.

IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported.

As Americans file their taxes, scammers are increasing their efforts to steal personal information. Take these steps to protect yourself.

The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?

The chancellor is on track to meet her own fiscal rules, so why is there talk of tax rises in the autumn?

We're less than a month out from tax day and if you still haven't filed there are some common mistakes you should try to avoid to make sure you get your refund in a timely fashion. Medora Lee, ...

A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairness

There's an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here's what investors need to know.

Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.

Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.

Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.

Senators are expecting to receive a consequential decision that will shape whether Republicans can make President Donald Trump’s expiring tax cuts permanent.

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.”

According to the IRS, 61.4 million tax returns have been received and more than 60.7 have been processed. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how to get your ...

New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made permanent and not simply extended. In response to an inquiry from House ...

Republicans on Capitol Hill are staring down a key three-week stretch in their effort to enact President Trump’s ambitious tax agenda, with hopes that the House will be able to advance a compromise ...

Republican leaders in the House and Senate emerged from a meeting at the Treasury Department Tuesday afternoon sounding upbeat about their “big, beautiful bill” that has an extension of the 2017 ...

Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.

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 ...