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Next year, the standard deduction will increase to $15,000 for single filers and $30,000 if filing jointly. The earned income tax credit for low—to middle-income filers will also increase to a maximum of $8,000. Read More
Friday is the last day to file your 2020 tax return. The IRS estimates that more than $1 billion in refunds are on the line. Mark Steber, chief tax information officer with Jackson Hewitt, says you better act fast.
An IRS audit uncovered by the New York Times and ProPublica found Trump effectively wrote off losses twice--in 2008 and then again in 2010.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
CBS 2's Lauren Victory unraveled what went wrong.
Ciera Stipe waited years on her refund from taxes filed before the COVID-19 pandemic even started. CBS 2's Lauren Victory unraveled what went wrong for so long.
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.
Chicago taxpayers can swing by their office from 9 a.m. to 4 p.m. to talk to experts about any problems or concerns.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
The IRS says it is not clear how to handle all the tax rebates given out in 2022, and you may want to wait before filing this year. Ivan Rodriguez reports.
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.
The truck fell off an overpass on the interstate, fell onto the train tracks below, and rolled over.
Scammers know many of us are waiting for packages this holiday season.
The new schedules began on Sunday, in what the CTA described as the final step in its goal of returning service to pre-pandemic levels by the end of this year.
In each incident, the burglars crashed a dark sedan into businesses and destroyed the front window or glass door.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
Several City Council members have called the school board's vote to fire Martinez without cause reckless and irresponsible.
Because Martinez was fired without cause, his contract allows him to stay on the job for another six months, and receive 20 weeks of severance pay.
Martinez was at Luther Burbank Elementary, 2035 N. Mobile Ave., as the Special Olympics recognized the school for excellence in inclusive sports programming.
Henyard had named three people to serve as police chief, village administrator, and village attorney without approval from the village board.
Many, including alderpersons and the members of the incoming elected school board, are denouncing the planned agenda.
Scammers know many of us are waiting for packages this holiday season.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
The strike was deliberately authorized in the midst of the busy holiday delivery season nationwide for a reason—with the Teamsters Union pushing the company for a contract.
The oysters were sold as Fanny Bay, Buckley Bay, and Royal Miyagi.
Customers said contractors from the company, Orange Elephant Roofing & Solar, seemed simply to disappear into thin air. But that is only the tip of the iceberg.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
The Wisconsin Department of Health Services announced Wednesday that it had detected presumptive positive human case of H5N1 in Barron County.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
An even larger investment of $500 million is going toward 10 new outpatient facilities throughout the South Side that will add 85,000 health care appointments each year.
Scientists used the NanoGripper to grab particles from the SARS-CoV2 virus that causes COVID-19.
The National Retail Foundation projected roughly 157 million people across the country would shop last-minute and try to wrap up their shopping lists.
Baristas at the store at 5964 N. Ridge Ave. in Edgewater have been on strike since Friday calling for higher wages and better staffing.
The strike was deliberately authorized in the midst of the busy holiday delivery season nationwide for a reason—with the Teamsters Union pushing the company for a contract.
Owner Eddie Lakin made the announcement Wednesday. He said the last day for the restaurant at 1571 Sherman Ave. would be this coming Saturday, Dec. 21.
This move was anticipated back in the summer, and comes months after the mortgage company Guaranteed Rate changed its name simply to Rate.
Taylor also played two nights at Ravinia this past June.
Mindy Kaling and Morris Chestnut announced the nominations for the 82nd annual Golden Globes, with 10 nominees revealed live on CBS News.
The lawsuit alleges the unidentified girl was raped at a Video Music Awards afterparty in 2000.
Social media sleuths noticed that the house next door to the iconic "Home Alone" house in Winnetka is now up for sale.
Here are the top songs, artists, and albums streamed on Spotify in Chicago this year, according to communications agency Burson Global.
Meteorologist Kylee Miller has your 5:30 p.m. First Alert Weather forecast for Sunday, Dec. 22, 2024.
Carolers sang while people gathered for family fun, food, photo ops, and more.
Ald. Matt O’Shea hosted annual Breakfast with Santa event for the Mount Greenwood Special Recreation Program.
Mr. Trump claims the United States is being ripped off.
Mangione was extradited Thursday from Pennsylvania.
No citations were issued in the crash. The police Major Accident Investigation Unit is investigating.
Caleb Williams threw for 334 yards and two touchdowns following a string of shaky performances for the Bears.
Several City Council members have called the school board's vote to fire Martinez without cause reckless and irresponsible.
The truck fell off an overpass on the interstate, fell onto the train tracks below, and rolled over.
Scammers know many of us are waiting for packages this holiday season.
"San Antonio has really led the way in using aerial surveillance technology to prevent these activities," said Ald. Brian Hopkins (2nd), who chairs the City Council Public Safety Committee.
Customers said contractors from the company, Orange Elephant Roofing & Solar, seemed simply to disappear into thin air. But that is only the tip of the iceberg.
Survivors, advocates and experts have weighed in on Mayor Brandon Johnson's pledge to create a task force to study the safety of Black women in Chicago.
The Chicago-based company is accused of tricking diners about delivery fees, misleading drivers about pay, and listing restaurants on its platform without permission.
Now-retired Joliet police Sgt. Javier Esqueda was charged in connection with leaking squad car video of a man who died in Joliet police custody.
Caleb Williams threw for 334 yards and two touchdowns following a string of shaky performances for the Bears.
Nikola Vucevic scored 19 points and 10 assists to lead the Bulls, whose season-high three-game winning streak ended.
Booser went 2-3 with a 3.38 ERA, one save and 43 strikeouts in 43 relief appearances with the Red Sox in his first season in the majors in 2024.
Tyler Bertuzzi had two goals and an assist, and Connor Bedard added a goal and two assists for the Blackhawks.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
In each incident, the burglars crashed a dark sedan into businesses and destroyed the front window or glass door.
With the holidays fast approaching, many Lincoln Parkers want others to be aware and stay safe as they get ready to travel.
It happened around 4 a.m. at Eddie's Market in the 11000 block of South Halsted Street.
Richard Allen was sentenced to 65 years for each death, totaling 130 years in prison.
Sidi Mohamed Abdallahi, 22, had been facing hate crime and terrorism charges in an attack on a Jewish man in late October. He has since died by suicide in custody
