IRS to waive $1 billion in tax penalties. Here's who qualifies.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
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The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
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.
Residents fear the high‑voltage transmission project could alter land near Dinosaur Valley State Park as Oncor weighs multiple potential routes.
The death last month of former NFL player Kevin Johnson is possibly linked to three other killings of unhoused people in the same area that occurred over the last four months, detectives said.
The annual event raises money for DCAC's multidisciplinary care, which serves thousands of severely abused children each year.
A Little Elm family says a 78‑year‑old retiree was tricked into converting his savings to gold before scammers vanished with it.
Federal agents and Dallas police say criminal networks in the area are exploiting residents and moving guns and drugs through a key corridor.
Residents fear the high‑voltage transmission project could alter land near Dinosaur Valley State Park as Oncor weighs multiple potential routes.
The death last month of former NFL player Kevin Johnson is possibly linked to three other killings of unhoused people in the same area that occurred over the last four months, detectives said.
The annual event raises money for DCAC's multidisciplinary care, which serves thousands of severely abused children each year.
A Little Elm family says a 78‑year‑old retiree was tricked into converting his savings to gold before scammers vanished with it.
Federal agents and Dallas police say criminal networks in the area are exploiting residents and moving guns and drugs through a key corridor.
The CEO a Dallas nonprofit resigned after a CBS News Texas I-Team investigation that revealed the organization had failed to follow through on its core promises.
Seven years after a deadly school bus-train crash in Athens, the same crossing still lacks gates or lights—despite repeated promises to fix it.
A CBS News Texas investigation found those daily meals no longer being delivered to schools, despite the nonprofit's claims to the contrary.
It once fed thousands of kids. So, how did a Dallas non-profit's core mission fall apart? CBS News Texas investigates.
A Fort Worth firefighter severely burned in the line of duty is speaking out after his family, the public and politicians said the workers' compensation system failed him, denying him of much needed care.
Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
In a state Senate race in Fort Worth's Tarrant County, Democrat Taylor Rehmet defeated Republican Leigh Wambsganss by 14 points — a 30-point swing from President Trump's results in 2024.
The Democratic members of a U.S. House committee have released the findings of a report examining last month's fatal shootings in Minneapolis by federal immigration officers.
The House on Tuesday voted 217 to 214 to fund major parts of the government and end the partial shutdown.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
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.
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
Weather-related closures left Carter BloodCare 4,000 units of blood and blood components short of what it needs.
The state of Texas is investing $50 million in research on psychedelic therapies.
Walk with a Doc invites community members to join low-pressure group walks led by physicians.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
Salad and Go, a drive-thru salad chain, said on Wednesday that it will close all remaining Texas and Oklahoma stores.
Venezuela is said to have the largest amount of these reserves in the world.
The death last month of former NFL player Kevin Johnson is possibly linked to three other killings of unhoused people in the same area that occurred over the last four months, detectives said.
Thomas Harley scored at 2:05 of overtime, and the Dallas Stars matched their longest winning streak of the season at five games with a 4-3 victory over the Winnipeg Jets.
Munn was promoted from defensive coordinator after Riley Dodge joined the staff at SMU.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
It was an emotional morning at Edge Ice Arena in Littleton, Colorado, as the Santa Clarita Lady Flyers took the ice for the first game of a weekend tournament after a crash involving their van and a snowplow on Interstate 70.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
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.
