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.
Watch CBS News
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
FedEx said that it will be giving wage increases and bonuses, and make a voluntary $1.5 billion contribution to the company's pension plan, citing recent tax reform legislation.
The company says it plans to invest an additional $1 billion in the United States in 2018 and pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees.
Republicans say tax cuts will help families and businesses. They passed tax reform without any Democrats, who call it a tax scam.
Economists expect tax overhaul to provide a modest boost to the U.S. economy, but are increasingly worried that a rewrite of NAFTA will take a toll on growth.
While campaigning at Texas Motor Speedway last Sunday, Senator Ted Cruz said he's looking to rev up support from his conservative base. "I'm going to do everything I can to encourage them."
Millions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill.
House Republicans are set to unveil their far-reaching tax overhaul Thursday. They are making major changes while looking to preserve current tax rules for retirement accounts popular with middle-class Americans and retain a top income-tax rate for million-dollar earners.
House Republicans are struggling to complete work on a sweeping tax proposal, delaying its public release by a day.
President Donald Trump will pitch his tax plan as a boon for truckers in Harrisburg, Pennsylvania Wednesday — the latest stop on a cross-country tour aimed at selling his tax reform proposal.
President Donald Trump delivered his weekly address on hurricane relief efforts in Puerto Rico and the Virgin Islands and tax reform for Americans.
"If Mr. Trump gets what he wants done, it will be quite dramatic," said Dallas tax lawyer Garrett Gregory speaking about the tax changes Trump touted during his campaign.
With over 3,000 dancers, 20 marching bands, and 29 giant inflatable balloons, the 2025 parade was just as magical as past years.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
FIFA made the announcement Saturday, following Friday's draw, which determined the matchups for the group stage.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
FIFA made the announcement Saturday, following Friday's draw, which determined the matchups for the group stage.
With over 3,000 dancers, 20 marching bands, and 29 giant inflatable balloons, the 2025 parade was just as magical as past years.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
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.
Republican consultant Vinny Minchillo tells Jack Fink the party wants Jasmine Crockett to run for U.S. Senate to run for the seat because they don't believe "that's going to work in general election." "I think she is too extreme and too far left for even Texas Democrats," said Minchillo. He also discusses the battle between Republican candidates.
Texas Gov. Greg Abbott discusses his campaign for a possible historic fourth term. He also tells Jack Fink about his thoughts on casino gambling and emphasizes his property tax plan.
Matt Angle, Director of the Lone Star Project, a Democratic PAC, discusses Congresswoman Jasmine Crockett's potential entry into the U.S. Senate race. He tells Jack Fink that Crockett's potential entry is a good and bad thing. "Three of our very best communicators are all in the same race," said Angle.
Two people who survived an early September U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
The man suspected of planting pipe bombs outside the RNC and DNC is believed to be a Trump supporter and has been speaking with investigators, multiple sources told CBS News.
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.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
FIFA made the announcement Saturday, following Friday's draw, which determined the matchups for the group stage.
Fans in North Texas could see Lionel Messi and Argentina in Arlington.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Jahmyr Gibbs and the Detroit Lions have beaten the Dallas Cowboys to stay atop the NFC wild-card race.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
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.
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.