While the Internal Revenue Service generally approves valid business-oriented deductions, the agency takes a firm stance against others, Selva Ozelli, and international tax expert, told CBSN. Classic business expense items like gifts for clients, business clothes, commuting or dining out…
Barr will not recuse himself from Mueller probe The House of Representatives voted to pass a non-binding resolution calling for the public release of Special Counsel Robert Mueller's final report into the FBI's investigation into Russian interference in the 2016…
Latest on college admissions cheating scandal San Francisco — Two college students have filed a lawsuit against the University of Southern California, Yale University and other colleges where prosecutors say parents paid bribes to ensure their children's admission. The lawsuit was…
A massive late-winter storm described by meteorologists as a "bomb cyclone" unleashed powerful winds as well as heavy rain and snow on parts of the Midwest plains early Thursday. National Guard troops used specialized vehicles with tank-like treads to rescue…
Butterball, perhaps the nation's best-known turkey brand, is recalling 39 tons of turkey because it might be tainted with salmonella. The recalled ground poultry products were distributed nationwide to institutions and retailers, including Kroger and Food Lion, the U.S. Department of…
Graduates of the colleges caught up in the cheating scandal earn far more than the typical college grad over their careers Yale grads earn a median annual salary of $135,400 at mid-career, and those from other top schools make well…
FILE - In this June 20, 2012 file photo, former Sen. Birch Bayh, D-Ind., the author of Title IX in Congress, speaks during a forum in the South Court Auditorium at the White House in Washington in a gathering to…
More American teens and young adults appear to be struggling with mental health issues, and experts believe a number of cultural trends may help explain why. A new study found the percentage of teens and young adults with depression, anxiety…
Facebook's data deals with major electronics manufacturers are under criminal investigation by federal prosecutors, the New York Times reports. A grand jury in New York has subpoenaed information from at least two companies known for making smartphones and other devices,…
An aerospace engineer by training, Boeing CEO Dennis Muilenburg started as an intern in 1985 He rose to lead the defense division and was tapped as CEO in 2015 Muilenburg assured President Trump on Tuesday evening that 737 Max planes…
Washington -- Commerce Secretary Wilbur Ross is expected to be grilled by House Democrats over his controversial decision to add a question on U.S. citizenship to the 2020 census. Ross will testify at a public hearing Thursday morning. After months…
New Mexico's legislature has passed a bill that requires the state's utilities to be completely carbon-free by 2045 It's the third state to set a 100 percent renewable goal -- and by some measures the most ambitious and toughest The…
Washington -- After days of mounting pressure, the U.S. on Wednesday grounded all Boeing 737 Max jets, the aircraft involved in a deadly crash in Ethiopia. President Trump announced that the Federal Aviation Administration had ordered U.S. airlines to remove…
The fallout from an alleged nationwide college admissions bribery scheme continued Wednesday with the University of Southern California announcing it's reviewing the applications of current students caught up in the scandal. That would include Olivia Jade Giannulli, the daughter of actress…
A Maryland woman is taking inspiration from an Oscar-winning movie to try to solve the decades-old murder mystery of her twin sister. Twenty-three-year-old college student Jody LeCornu was shot outside Baltimore in 1996. Now her sister hopes billboard ads will…
Lawmakers in Arkansas and Utah sent their governors legislation Wednesday banning most abortions 18 weeks into a woman's pregnancy, moving the states closer to enacting bans that could be among the strictest in the country. The Arkansas House gave final…
The new honorary mayor of Fair Haven, Vermont — a 3-year-old goat named Lincoln — was officially sworn into office this week. The goat was dressed in a sash reading "Mayor" for the Tuesday ceremony at the Fair Haven town…
McConnell: Trump likely to use veto President Trump says he's ready to veto legislation that aims to reverse his national emergency declaration, tweeting early Thursday that he was prepared to veto the vote "if necessary." A big National Emergency vote…
Avett Ray Maness is a 6-year-old piano prodigy from Dayton, Ohio, who not only taught himself to play piano by ear – but he's also blind. "The moment he could pull himself to reach the piano, he was playing the…
A major winter storm, described by meteorologists as a "bomb cyclone," is blasting parts of the country's midsection. Powerful winds, combined with snow, are creating blizzard conditions and put tens of thousands are without power in the region. In Colorado,…
Andrew Yang's reason for running for president isn't quite like any of his fellow Democrats in the crowded field. Ask why he's campaigning and he won't point to climate change, Wall Street, inadequate health care, or President Trump. In fact,…
After months of speculation, former U.S. Rep. Beto O'Rourke of El Paso launched a campaign for the Democratic presidential nomination on Thursday, hoping to rekindle the liberal enthusiasm around his enthusiastic but ultimately failed Senate bid in deep-red Texas in 2018. Along…
America's largest death row is now stopped cold after California Gov. Gavin Newsom issued an executive order granting reprieve to the more than 700 condemned inmates in the state. It's a big blow to the death penalty, and continues a…
Former Texas Rep. Beto O'Rourke announced he is running for president, making it official with an online video released Thursday morning. Seated on a couch next to his wife, O' Rourke announced, "Amy and I are happy to share with…