IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
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.
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 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.
The Internal Revenue Service has extended the deadline to request a federal stimulus check.
The federal income tax deadline is upon us -- but it's July? This year's federal income tax deadline was postponed until today due to the coronavirus pandemic.
The Internal Revenue Service is sticking with a July 15 deadline for Americans to submit their federal income tax, saying that it won't further postpone the filing date.
Roughly 4 million Americans should soon be getting their government stimulus payments through a prepaid debit card.
The Internal Revenue Service is adding 3,500 workers who will take phone questions about federal stimulus payments.
You have until 11:00 a.m. Central Standard Time on Wednesday, April 22 to fill out the "Non-filers: Enter Payment Info" tool online.
With millions of Americans eagerly awaiting their federal stimulus checks to help them weather the the coronavirus recession, people are now able to find out when they can expect to get their money.
Americans who have direct deposit set up with the IRS and who meet the income qualifications, their payment should be deposited into their accounts by the end of the week.
The IRS is heading into its busiest week of the tax season. While the changes in tax law for this year aren't as significant as in 2019 there are some changes people should be aware of.
Tax day is Monday and if you've waited until the last minute to file local financial experts have some advice for you.
The Rangers had expected Eovaldi to decline the option, but would still like to re-sign the 34-year-old right-hander and Texas native.
Commissioners are voting on funding for the project at their meeting Tuesday and say it won't cost taxpayers a dime.
Pleasant Grove ISD in Texarkana is also taking steps to ensure similar events don't happen again.
The QB1 suffered a hamstring injury during the fourth quarter of Sunday's game against the Atlanta Falcons.
A judge in Pennsylvania ruled Elon Musk's PAC's $1 million voter sweepstakes can continue through Tuesday's election.
The Rangers had expected Eovaldi to decline the option, but would still like to re-sign the 34-year-old right-hander and Texas native.
Commissioners are voting on funding for the project at their meeting Tuesday and say it won't cost taxpayers a dime.
The highest threat for severe weather Monday evening will remain just east of North and Central Texas.
From the Chihuahuan Desert to the Pineywoods, what are voters across the Lone Star State thinking about as they cast their ballots?
Pleasant Grove ISD in Texarkana is also taking steps to ensure similar events don't happen again.
A Collin County man is facing an extremely rare traffic citation after an encounter that was caught on video.
The CBS Data Team learned there are about 5600 mail thefts reported every year in the North Texas region- that's more than 15 reported thefts a day.
For the past six months, the CBS News Texas I-Team has spoken with more than a dozen Medicare recipients who reported fraudulent activity on their accounts.
The officer was pursuing a stolen car in South Fort Worth when he collided with 57-year-old Andre Craig, who was killed in the crash.
Mothers Against Police Brutality accuses DPD of a "half century of unaccountable police brutality."
Early voting numbers show low Democratic and urban voter turnout in Texas. Jack Fink and pollster Ross Hunt analyze early voter data for North Texas.
A judge in Pennsylvania ruled Elon Musk's PAC's $1 million voter sweepstakes can continue through Tuesday's election.
Here's what time the polls open and close on Election Day in Texas.
Kamala Harris or Donald Trump will need to secure at least 270 votes in the Electoral College to win the 2024 presidential election.
We explore how turnout and persuasion scenarios could play out in the critical states for Trump and Harris in the final weekend leading up to the 2024 presidential election.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Richardson residents continue to recover from storms that hit North Texas with winds that created debris and damages to homes.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
There has been one death in a severe E. coli outbreak that affected dozens of people. That victim lived in Grand Junction, and his family there says they have not filed a lawsuit against McDonald's or anyone involved.
Recalled products were sent to distributors in 35 states and sold on Amazon, Dynarex said in notice posted by FDA.
McDonald's says Quarter Pounders will be back on the menu at hundreds of its restaurants after testing ruled out beef patties as the source of an E. coli outbreak.
Colorado has seemingly eliminated one ingredient in the McDonald's Quarter Pounder hamburger E. coli outbreak as a cause for death and dozens of illnesses.
Seventeen thousand workers depend on those containers to arrive by train or truck transport inside southern Dallas County’s International Inland Port.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
Elliott Hill is a TCU graduate and currently serves on the school's board of trustees.
Chevron Corporation announced Friday it would relocate its headquarters from San Ramon to Houston, Texas before the end of the year.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
The Rangers had expected Eovaldi to decline the option, but would still like to re-sign the 34-year-old right-hander and Texas native.
The QB1 suffered a hamstring injury during the fourth quarter of Sunday's game against the Atlanta Falcons.
The Cowboys took their third straight setback and lost quarterback Dak Prescott to a hamstring injury.
It was not made clear why Elliott didn't travel with the team.
The Florida Panthers beat the Dallas Stars 4-2 on Saturday to finish a two-game sweep in Finland.
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Scaring people for a living is a tough racket. "A bunch of teenagers that say 'Boo!' — that won't fly anymore," one haunted house veteran says.
Joe Exotic, made famous in the Netflix series "Tiger King" and currently serving time in federal prison, says he is engaged to a fellow inmate in Texas and hopes to get married.
As the 2024 election approaches, Aly & AJ reflect on surviving a mass shooting and why they're pushing for an assault weapons ban.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.