'Not free money:' Federal payroll tax 'holiday' starting soon
Workers will still be on the hook for the taxes, which they will have to begin repaying in 2021 -- doubling payroll tax until workers pay back what they deferred.
Workers will still be on the hook for the taxes, which they will have to begin repaying in 2021 -- doubling payroll tax until workers pay back what they deferred.
FEMA ends Lost Wages Assistance unemployment benefit program
The program ended on Sept. 5 and the Texas Workforce Commission says that because funding provided by FEMA was limited, they cannot extend payments beyond that date.
The program ended on Sept. 5 and the Texas Workforce Commission says that because funding provided by FEMA was limited, they cannot extend payments beyond that date.
Trump floats using extra $300B in coronavirus relief aid for second stimulus check
The first $1,200 cash payments to U.S. households cost about $300 billion.
The first $1,200 cash payments to U.S. households cost about $300 billion.
Unemployment claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
United plans to furlough 16,000 workers, fewer than expected
United Airlines said Wednesday it plans to furlough 16,370 employees in October, down from an earlier target of 36,000 after thousands of workers took early retirement, buyouts, or long-term leaves of absence with the industry facing a slow recovery from the pandemic.
United Airlines said Wednesday it plans to furlough 16,370 employees in October, down from an earlier target of 36,000 after thousands of workers took early retirement, buyouts, or long-term leaves of absence with the industry facing a slow recovery from the pandemic.
Coronavirus pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
$36.75 million Lotto Texas jackpot largest in a decade
The Lotto Texas jackpot has now grown to an estimated annuitized $36.75 million for the drawing on September 2. It's the game's largest jackpot since 2010.
The Lotto Texas jackpot has now grown to an estimated annuitized $36.75 million for the drawing on September 2. It's the game's largest jackpot since 2010.
Trump's payroll tax deferral is about to take effect — what it will mean for you
Companies can stop withholding employees' payroll taxes beginning Sept. 1.
Companies can stop withholding employees' payroll taxes beginning Sept. 1.
Free Money Monday
We're celebrating another Free Money Monday here on FOX 4. Today could be your lucky day!
We're celebrating another Free Money Monday here on FOX 4. Today could be your lucky day!
Entrepreneurs learn, share and network in virtual event
More than 10,000 entrepreneurs would normally gather this time of year to network. But this time they’ll have to do it virtually.
More than 10,000 entrepreneurs would normally gather this time of year to network. But this time they’ll have to do it virtually.
In college towns, smaller businesses struggle without students
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
More than 1 million Americans applied for unemployment benefits
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Eliminating payroll tax could deplete Social Security by 2023, chief actuary estimates
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Biden promises no new taxes for small businesses or Americans making less than $400K a year
Democratic presidential nominee Joe Biden said that if he wins the presidency in November's election, he will raise taxes on Americans who earn more than $400,000 a year.
Democratic presidential nominee Joe Biden said that if he wins the presidency in November's election, he will raise taxes on Americans who earn more than $400,000 a year.
US unemployment claims jump back above 1 million in face of coronavirus
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
United States suspends extradition and tax agreements with Hong Kong
President Donald Trump already had determined that Hong Kong was no longer eligible for the continued preferential treatment that it enjoyed based on its autonomy following its reversion to Chinese rule in 1997. The three agreements cover the transfer of fugitives and convicted prisoners as well as reciprocal tax exemptions on income from international shipping.
President Donald Trump already had determined that Hong Kong was no longer eligible for the continued preferential treatment that it enjoyed based on its autonomy following its reversion to Chinese rule in 1997. The three agreements cover the transfer of fugitives and convicted prisoners as well as reciprocal tax exemptions on income from international shipping.
JC Penney to close Plano’s Collin Creek Mall location
JC Penney is backing out of the redevelopment project at the former Collin Creek Mall site in Plano and will close its store there.
JC Penney is backing out of the redevelopment project at the former Collin Creek Mall site in Plano and will close its store there.
US retail sales rise for 3rd month amid COVID-19 pandemic but slowdown expected
The gains of the past three months have now restored retail purchases to their levels before they plunged in March and April when the pandemic shuttered businesses and paralyzed the economy.
The gains of the past three months have now restored retail purchases to their levels before they plunged in March and April when the pandemic shuttered businesses and paralyzed the economy.
Amazon building fulfillment center in Forney
Amazon is planning to open a new fulfillment center in Forney, east of Dallas.
Amazon is planning to open a new fulfillment center in Forney, east of Dallas.
North Texans receiving unemployment struggling to stay afloat as benefits dwindle
Hundreds of thousands of Texans who are depending on unemployment to stay afloat have seen those benefits dwindle.
Hundreds of thousands of Texans who are depending on unemployment to stay afloat have seen those benefits dwindle.