IRS says it has clawed back $1 billion from millionaire tax cheats
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
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The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.
If you're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.
Owner of Facebook and Instagram could bar users in the state from sharing news over bill requiring tech companies to pay news publishers.
Filing tax returns can be a slog, but the majority of individual federal taxes are paid by a small slice of Americans.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
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 Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Anyone getting paid for their goods and services through apps like Venmo or Etsy just got a reprieve from the Internal Revenue Service.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
Monday marks the deadline for Angelenos to get their taxes filed or request an extension. Kara Finnstrom reports.
Mark Steber, Chief Tax Information Officer of Jackson Hewitt, joined the studio to discuss tax season, the looming deadline to pay taxes, and how to avoid all the potential penalties if you're rushing to file your own taxes before Monday's deadline.
Real estate developer Rick Caruso said he paid more than $1.6 million in personal income taxes over the last five years, but he will not release his full tax returns.
Two people were left in critical condition and two others wounded after a vehicle collided into another car that was street racing in Van Nuys, police said Saturday.
President-elect Donald Trump will meet with President Joe Biden on Wednesday after Trump defeated Kamala Harris in the race for U.S. president.
Americans voted to protect abortion access in seven states, but support for those measures outpaced support for Kamala Harris, who made abortion rights central to her campaign.
Actor Tony Todd's TV and movie credits spanned 40 years and included the 1992 horror film "Candyman" and its 2021 sequel.
Camarillo regulators told residents to avoid using their water after the Mountain Fire possibly sent toxins into the supply.
Driven by powerful Santa Ana winds, the Mountain Fire in Ventura County forced more than 10,000 people to evacuate from their homes as it exploded by thousands of acres within hours, injuring people and destroying homes in its path.
Two people were left in critical condition and two others wounded after a vehicle collided into another car that was street racing in Van Nuys, police said Saturday.
President-elect Donald Trump will meet with President Joe Biden on Wednesday after Trump defeated Kamala Harris in the race for U.S. president.
Alongside the presidential race, California voters in the Los Angeles area are deciding on a host of key contests in the 2024 election.
Americans voted to protect abortion access in seven states, but support for those measures outpaced support for Kamala Harris, who made abortion rights central to her campaign.
Two people were left in critical condition and two others wounded after a vehicle collided into another car that was street racing in Van Nuys, police said Saturday.
Robin Wallace has so many memories of her parents teaching art and music classes inside their hilltop home for decades.
Nicole Linton allegedly drove through a red light while going 90 mph and crashed into several cars. Six people died, including a pregnant mother.
After powerful winds and low humidity fueled the spread of the Mountain Fire, forecasters lifted a Red Flag warning over the area of the devastating Ventura County blaze Friday as weather conditions improve.
As the 12th president of the University, Dr. Carol Folt said in a statement, "it has been one of the greatest privileges of my life."
Deputies evacuated the Orange County Registrar of Voters after it received a bomb threat at its Santa Ana office.
Air quality regulators issued an ash advisory for most of Southern California as crews try to contain Ventura County's Mountain Fire.
Kroger, the parent company of Ralphs, agreed to pay up to $122 to California to resolve allegations that it failed to adequately monitor opioids distributed by its pharmacies.
Over the weekend, Anaheim police officers arrested a 20-year-old man who allegedly ran over two spectators at a street takeover a few days ago.
Home security footage shows one of the burglars pushing a massive safe down the driveway of the family's home before it gets lifted into the trunk of a getaway vehicle.
Concerned about President-elect Donald Trump's campaign promises, community activists hold signs in support of migrants on the steps of San Bernardino City Hall.
Air quality regulators issued an ash advisory for most of Southern California as crews try to contain Ventura County's Mountain Fire.
The Riverside County man who allegedly killed his roommate and buried his body in their backyard pleaded not guilty to charges on Monday.
Park owners say that they're closing down after getting hit with a lawsuit over the girl's death in June. Lawyers for the family say that no such suit exists.
Kroger, the parent company of Ralphs, agreed to pay up to $122 to California to resolve allegations that it failed to adequately monitor opioids distributed by its pharmacies.
While sometimes slow, the tracing system from the Bureau of Alcohol, Tobacco Firearms and Explosives played an instrumental role in helping law enforcement locate the man who opened fire inside a Monterey Park dance hall in 2022.
Following a deadly hijacking of a Metro bus, Ross Palombo digs through data about violence on the Metro system.
Ross Palombo goes over the crime statistics available for the Metro.
KCAL News investigates connection between Beverly Hills armed robbery and gun belonging to notorious police killer Christopher Dorner.
Ross Palombo shows how investigators arrested the man accused of starting the Line Fire after they spotted his white truck. Palombo also speaks to the man's family.
President-elect Donald Trump will meet with President Joe Biden on Wednesday after Trump defeated Kamala Harris in the race for U.S. president.
Actor Tony Todd's TV and movie credits spanned 40 years and included the 1992 horror film "Candyman" and its 2021 sequel.
The nominations for the 67th Grammy Awards have been announced, and the nominees include a long list of top music stars.
The FBI said it was aware of "the offensive and racist text messages sent to individuals around the country."
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
President-elect Donald Trump will meet with President Joe Biden on Wednesday after Trump defeated Kamala Harris in the race for U.S. president.
Americans voted to protect abortion access in seven states, but support for those measures outpaced support for Kamala Harris, who made abortion rights central to her campaign.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Gov. Gavin Newsom and Attorney General Rob Bonta announced Thursday that they were readying to "protect California values" against the incoming administration of President-elect Donald Trump.
Here's what to know about when President-elect Donald Trump will be sworn in to office.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The authorization comes after a week-long voting period for the more than 6,000 Food4Less workers represented by the United Food and Commercial Workers Local union.
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."
Public health officials have reported two more locally acquired cases of the mosquito borne illness dengue in Los Angeles County, bringing the total to 11 cases in recent weeks.
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.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
McDonald's has stopped selling the popular product in some states as an investigation into the cause of the bacteria continues.
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
Thousands of mental health workers at Kaiser Permanente facilities spanning across Southern California went on strike on Monday, calling for increased pay and restored pension plans, amid other demands.
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company.
Some of the lowest-paid health care workers in California will get a pay bump Wednesday under a state law gradually increasing their wages to at least $25 an hour.
Norman Powell scored 26 points and the Los Angeles Clippers beat the Philadelphia 76ers 110-98 in Paul George's return to face his old team.
Ja Morant scored 20 points before leaving in the third quarter with a right hamstring injury and the Memphis Grizzlies used their 3-point shooting to beat the Los Angeles Lakers 131-114.
A person familiar with the negotiations tells The Associated Press that right-hander Kyle Hendricks and the Los Angeles Angels have agreed to a $2.5 million, one-year contract.
Valenzuela's son and his former catcher Mike Scioscia were scheduled eulogists for the public funeral, which was being held at the Cathedral of Our Lady of the Angels.
Brock Boeser, Danton Heinen and Kiefer Sherwood had a goal and an assist apiece, and Quinn Hughes recorded his 300th career assist in the Vancouver Canucks' 5-1 victory over the Anaheim Ducks.
Actor Tony Todd's TV and movie credits spanned 40 years and included the 1992 horror film "Candyman" and its 2021 sequel.
The nominations for the 67th Grammy Awards have been announced, and the nominees include a long list of top music stars.
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."
The Dodgers' 7-6 victory over the Yankees in Game 5 for their eighth World Series title and second in five years averaged 18.6 million viewers on Fox, Fox Deportes and streaming, according to Nielsen.
With lines out the door, Blu Jam Cafe is one of LA's most popular brunch spots. It started with a location on Melrose and has since expanded to seven locations. Chef Kamil Majer gives us a taste of some of the restaurant's best dishes, some inspired by the cooking of his mother.
Those who lost their lives serving our country are being honored at Riverside National Cemetery ahead of this year's Veterans Day. Kara Finnstrom reports.
Tenants' rights attorney Ysabel Jurado has declared victory in the Los Angeles City Council's closely watched District 14 race. Incumbent Kevin de León conceded and said he called to congratulate the Eastside district's new leader.
In celebration of Veterans Day, Polly's Pies is offering all U.S. veterans and active military members a free slice of pie. The Southern California chain has 13 locations across the region.
Sunny skies, chilly conditions forecasted across the Southland as red flag warnings and high wind advisories expire in Los Angeles and Ventura counties. In the Antelope Valley, a frost advisory is in effect.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.
The Los Angeles Dodgers win the World Series in Game 5 in a 7-6 win over the New York Yankees
