Do you use PayPal or Venmo? The IRS is giving you a break.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
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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 IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
The IRS is testing the free direct-file system for the 2024 tax season, with some people in 13 states invited to try it out.
Americans owe the IRS $688 billion in unpaid taxes, underscoring need for more audits, said IRS Commissioner.
The tax agency vowed not to increase audit rates for people earning less than $400,000 annually.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Americans shell out billions of dollars to prepare and file their tax returns. Here's how to do it without spending a dime.
Each year, millions of taxpayers don't file their taxes — putting them at risk of fines and other penalties from IRS.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
A survey conducted last month found 21 percent of respondents who waited to file were "too confused" about their situation.
Tax experts say it's important to follow these tips when submitting your taxes.
Starting this summer, taxpayers wanting to access their online accounts on IRS.gov will be required to take a selfie and verify their identity with ID.me.
Treasury Department officials are warning that this year's tax season will be a challenge once the IRS starts processing returns on January 24.
Tax filing season for 2021 tax returns will begin on Monday, January 24, 2022, but Treasury officials have issued a warning for taxpayers and tax preparers.
The IRS said the income thresholds for tax brackets will be higher in 2022, reflecting the faster pace of inflation.
The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
Here's what you need to know about the child tax credit from the federal government that began this week.
Millions of middle and low income families across the country will start receiving monthly payments beginning in mid-July as part of the new, fully refundable child tax credit.
Typically, the IRS sends most refunds within three weeks of taxpayers filing their return. But this year is complicated.
More assistance for Texans, this time from the Internal Revenue Service, after a deadly winter storm left millions in the state without power and water.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Smith and other Main Street businesses complained to Frisco about the impact on business.
A group of North Texas women has been working hard to preserve a style of dancing that had its heyday in the early part of the 20th century.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
Dallas Cowboys receiver CeeDee Lamb suffered a concussion against the Detroit Lions on Thursday night and was ruled out for the rest of the game.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Smith and other Main Street businesses complained to Frisco about the impact on business.
A group of North Texas women has been working hard to preserve a style of dancing that had its heyday in the early part of the 20th century.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
Dallas Cowboys receiver CeeDee Lamb suffered a concussion against the Detroit Lions on Thursday night and was ruled out for the rest of the game.
Nearly every day, hundreds of thousands of Texas students board a school bus.
Outdoor sirens are meant to warn Texans of tornadoes and floods. This summer's deadly flooding in Kerr County exposed how vulnerable many communities are, with sirens broken, outdated or missing.
It took Azellia Thompkins nearly a year to watch the video of her attempted suicide in the Scurry County jail. Now, she's hoping others will watch it.
The average wait for a bed in a maximum-security psychiatric facility in Texas is over eight months.
At a legislative hearing, Lt. Gov. Dan Patrick blasted Judge Rob Kelly for being absent in his county's time of need.
Texas House Democratic Caucus Chair Gene Wu of Houston discusses his reaction to the Supreme Court's ruling upholding the 2025 map so that they can be used for the March primary and next year's midterm elections. He told Jack Fink, "it's beyond disappointing."
Gov. Greg Abbott discusses the redistricting battle an hour before the U.S. Supreme Court announced that they would allow the newly drawn maps to be implemented.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
The decision from the U.S. Supreme Court to allow the new Texas redistricting maps is a big win for Republicans in the state. Texas Republicans stand to gain up to 5 seats with the implementation of these new maps for the March 3rd primary and 2026 midterm elections. Political reporter Jack Fink explains what's next.
The U.S. Supreme Court Justices will keep the 2025 congressional maps in place for next year's all-important midterm elections.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
A group of North Texas women has been working hard to preserve a style of dancing that had its heyday in the early part of the 20th century.
It's called H3N1, and it can not only cause more severe illness in older adults, but it's also proving to be resistant to flu vaccines.
A North Texas man serves the community as a full-time Crowley police officer; however, that young officer is the one who needs help after he received a life-threatening diagnosis over the summer.
The toolkit includes tips for caretakers and applies to anyone with dementia.
Louisiana Surgeon General Ralph Abraham, a critic of government vaccine mandates, has been quietly appointed to one of the CDC's top positions.
Smith and other Main Street businesses complained to Frisco about the impact on business.
Rodeo Dallas, a popular but controversial Deep Ellum nightclub, is getting back in the saddle. In Uptown.
"This is a Texas-sized investment in the future of our great state," Texas Gov. Greg Abbott said in a statement.
American Airlines has announced plans to cut management and support roles, mainly at its headquarters in North Texas.
President Donald Trump's plan to cut record beef prices by importing more meat from Argentina is running into heated opposition from U.S. ranchers.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Dallas Cowboys receiver CeeDee Lamb suffered a concussion against the Detroit Lions on Thursday night and was ruled out for the rest of the game.
The Detroit Lions host the Dallas Cowboys in Week 14 of the 2025 NFL season on Thursday.
The Dallas Stars shut out the New Jersey Devils 3-0 on Wednesday night.
The Detroit Lions and Dallas Cowboys are the top two teams in the hunt for an NFC wild card and are still holding on to hopes to compete for division championships.
The heavy metal band has not only changed lives with their music; they've also changed lives with their philanthropy – from donations to food banks and disaster relief, to their charity, All Within My Hands, which has donated to workforce education and other critical services.
Stoppard was often hailed as the greatest British playwright of his generation.
Jimmy Cliff, who famously sang about the "many rivers" we all must cross, has died after suffering a seizure and pneumonia, his family say.
Donald Glover, who performs under the moniker Childish Gambino, revealed he suffered a stroke last year, which forced him to cancel his tour.
The man, Johnson Wen, was sent back to Australia and "has been barred from re-entering Singapore," the city-state's immigration authority said in a statement quoted by broadcaster CNA.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
