It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Watch CBS News
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Texas homeowners and businesses will save a total of $10 billion in new savings on their property tax bills starting this year under a new deal struck by top Texas leaders.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
With this tax season now open, taxpayers could see a repeat of last year's snarls in processing, when about 30 million taxpayers had their returns — and refunds — held up by the IRS.
With this tax season now open, taxpayers could see a repeat of last year's snarls in processing, when some 30 million taxpayers had their returns — and refunds — held up by the IRS.
The IRS already faces a huge backlog of unprocessed returns, creating challenges as the new tax season begins.
While the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
A recent report says the growing backlog of unprocessed tax returns now stands at 35 million, creating ongoing refund delays for millions of taxpayers.
Typically, the IRS sends most refunds within three weeks of taxpayers filing their return. But this year is complicated.
According to the National Taxpayer Advocate, the IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans.
Federal officials say he netted more than $935,000 by filing fake tax returns, now a 34-year-old Arlington man is headed to federal prison.
Tax day is Monday and if you've waited until the last minute to file local financial experts have some advice for you.
Individual tax refunds this year have been only slightly smaller than last year, but those shortfalls are adding up.
If you haven't filed a tax return for 2015, your time to claim money owed you is running out.
The IRS is sounding an alarm about a new tax scam aimed at stealing taxpayer refunds by using data compromised in tax preparers' offices.
This year's April 18 deadline to file your 2016 federal tax return is here. But before you file, check this list to ensure you don't make some common mistakes.
According to family members, Madhu Ahuja and Deepak Ahuja were on a religious pilgrimage to Mount Kailash for Deepak's 60th birthday.
Abbott will be joined by state lawmakers and stock exchange leaders as he delivers remarks and rings the closing bell.
The Republican Party is bringing a national midterm convention to Dallas in September as it looks to rally voters and maintain control of Congress in November.
Lindsay Clancy, 36, has pleaded not guilty to first-degree murder in the deaths of her three children and said she was suffering form postpartum psychosis. A jury is deliberating.
Tropical Storm Dolly on Thursday became the fourth named storm in the Atlantic Ocean this year.
According to family members, Madhu Ahuja and Deepak Ahuja were on a religious pilgrimage to Mount Kailash for Deepak's 60th birthday.
The Ross wildfire has burned more than 80,000 acres across Palo Pinto and Jack counties, forcing evacuations, closing roads and disrupting schools.
Abbott will be joined by state lawmakers and stock exchange leaders as he delivers remarks and rings the closing bell.
The Republican Party is bringing a national midterm convention to Dallas in September as it looks to rally voters and maintain control of Congress in November.
Lindsay Clancy, 36, has pleaded not guilty to first-degree murder in the deaths of her three children and said she was suffering form postpartum psychosis. A jury is deliberating.
SB 1049 compels school districts to allow students to leave campus for religious instruction during the school day.
"Maybe this is one of those times that we just need to be loud and make people hear us that they're not being treated fairly," she said.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
The Republican Party is bringing a national midterm convention to Dallas in September as it looks to rally voters and maintain control of Congress in November.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
U.S. District Judge David Hittner originally ruled the law was unconstitutional in September 2023.
The attack brings the number of people killed in such strikes by the U.S. military in the eastern Pacific Ocean and Caribbean Sea to at least 227.
The committee said the president will appear on both nights with a keynote address on the second night.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Dallas County health officials said the possible exposure happened during the 2025-26 school year, and that testing is recommended for returning students in grades 10-12.
Casting for Recovery was started by two women, a professional angler and a reconstructive breast surgeon, who recognized the healing powers of fly fishing.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
After a 2024 merger with Cedar Flags the combined company moved its headquarters to North Carolina.
The project would include a new Dallas Stars arena, along with restaurants, shops and public spaces.
It's an annual Dallas tradition, but this year those pink Cadillacs are parking in Fort Worth.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
In a news release, the NFL said it plans to "elevate" Pro Bowl selections, with no replacement selections.
NFL player Miles Sanders was arrested in the Pittsburgh area for driving under the influence, according to court records.
The 6-foot-10, 250-pound former NBA player was removed from Sunday's game after he was confronted by Sky guard Natasha Cloud.
The rate is much higher than is seen in the general population. CTE is a brain disease linked to repeated blows to the head.
Many North Texas Native Americans celebrated Pete's debut Saturday with joy.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Audience members at a stage performance of "9 to 5: The Musical" in the U.K. were heard gasping aloud at the news of Dolly Parton's death Tuesday.
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
After Hayden Panettiere's death, fans resurfaced her claim that Neutrogena had fired her in 2015 over her comments about postpartum depression.
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.