World Series champion Dodgers top MLB luxury tax at $103 million as record 9 teams owe penalty
The Los Angeles Dodgers topped a record nine teams owing Major League Baseball's luxury tax this year with an unprecedented $103 million penalty.
The Los Angeles Dodgers topped a record nine teams owing Major League Baseball's luxury tax this year with an unprecedented $103 million penalty.
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.
It's that time of year again — the holidays are winding down with Christmas having come to an end. And for many, that means figuring out where and how to get rid of their tree.
Malibu Search and Rescue said several drones with infrared heat-seeking technology were deployed and the pilot noticed "a significant heat signature over the side of the roadway in thick brush," Malibu Search and Rescue wrote on X.
Los Angeles Police Department officers opened fire on a shooting suspect in South Los Angeles, leading to a chase that ended with two people being taken into custody Thursday evening.
A woman was found dead at a bus stop in the central Los Angeles area Thursday afternoon, according to police.
Flames ripped through the building that was once the historic Morrison Hotel in downtown Los Angeles Thursday, with several dozen people inside managing to escape before firefighters put out the blaze.
It's that time of year again — the holidays are winding down with Christmas having come to an end. And for many, that means figuring out where and how to get rid of their tree.
Malibu Search and Rescue said several drones with infrared heat-seeking technology were deployed and the pilot noticed "a significant heat signature over the side of the roadway in thick brush," Malibu Search and Rescue wrote on X.
Los Angeles Police Department officers opened fire on a shooting suspect in South Los Angeles, leading to a chase that ended with two people being taken into custody Thursday evening.
The eight-day Jewish holiday of Hanukkah started on Christmas Day in 2024, an occurrence that happens very infrequently.
A woman was found dead at a bus stop in the central Los Angeles area Thursday afternoon, according to police.
It's that time of year again — the holidays are winding down with Christmas having come to an end. And for many, that means figuring out where and how to get rid of their tree.
Malibu Search and Rescue said several drones with infrared heat-seeking technology were deployed and the pilot noticed "a significant heat signature over the side of the roadway in thick brush," Malibu Search and Rescue wrote on X.
Los Angeles Police Department officers opened fire on a shooting suspect in South Los Angeles, leading to a chase that ended with two people being taken into custody Thursday evening.
A woman was found dead at a bus stop in the central Los Angeles area Thursday afternoon, according to police.
Flames ripped through the building that was once the historic Morrison Hotel in downtown Los Angeles Thursday, with several dozen people inside managing to escape before firefighters put out the blaze.
"It's a felony?" A recently viral video shows the moments that two shoplifters discuss Proposition 36, one of the new laws in effect in California that now makes stealing a felony, all while sitting handcuffed in the back of a police car.
Undercover police saw 43-year-old Anthony Hanzal steal multiple boxes of Legos before leaving a grocery store in Fullerton, prompting what ended up being a deadly pursuit on Dec. 18.
It happened at around 4:20 p.m. near Orangewood Avenue and Court Street, according to the Orange County Sheriff's Department.
Holiday joy lit up the sky and water in Orange County as the Newport Beach Boat Parade started this week.
Johnny Anchondo led authorities on a wild pursuit through Orange and LA counties on Nov. 9, 2022, during which he crashed several times, rammed police cars and stole multiple vehicles.
The crash happened just after 1 p.m. on northbound lanes near Rainbow Valley Boulevard, according to the California Highway Patrol.
Deputies were dispatched to a crash in the 13000 block of Leota Court at around 7:20 p.m. on Sunday, according to a statement from the Riverside County Sheriff's Office.
Four people, two of which were juveniles, were arrested in San Bernardino County after allegedly trying to carjack a person during a road rage incident in early December.
The scam is targeting attendees of the Mission Inn's beloved Festival of Lights, which features millions of holiday lights adorning the historic hotel.
The blaze, which spread quickly, caused more than$100,000 worth of damage to equipment inside of the facility, deputies said.
Is your recycled Starbucks cup ending up where you expected? A CBS News investigation says that it probably isn't.
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.
A body was found in the wheel well of United Airlines Flight 202, which left Chicago for Hawaii on Dec. 24, the airline said.
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Last-minute grocery items and gifts can be found on Christmas Day, but many retailers and chains may be closed today.
The eight-day Jewish holiday of Hanukkah started on Christmas Day in 2024, an occurrence that happens very infrequently.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
President Biden vetoed an effort to add 66 federal district judgeships, saying "hurried action" by the House left important questions unanswered.
President Biden is granting clemency to 37 of the 40 federal inmates facing death sentences. Their sentences will be commuted to life in prison without the possibility of parole.
A report by the House Ethics Committee found former Rep. Matt Gaetz paid multiple women, including a 17-year-old girl, for sex.
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.
California Gov. Gavin Newsom issued an emergency proclamation on Wednesday in response to growing concerns over bird flu cases in the state and across the country.
Cases now reported in eight states related to Yu Shang Food products sold online and at stores nationwide, officials say.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
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 lawsuit contends that multiple food truck operators have created constant nuisance outside of the store in the form of congestion, trash generation and rudeness to store employees.
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
Avid coin collectors jumped at the chance to get their hands on a rare "double eagle" gold coin at a Southern California auction house.
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.
Tomas Hertl scored a go-ahead goal in the third period, Adin Hill made 31 saves and the Vegas Golden Knights defeated the Anaheim Ducks 3-1.
The Detroit Pistons held off the Los Angeles Lakers 117-114 to sweep the clubs' season series.
Norman Powell scored 29 points, including four in the final 25 seconds to lead the Los Angeles Clippers to a 114-110 victory over the Memphis Grizzlies.
Buehler's deal is reportedly worth $21.05 million for the 2025 season.
Southern California jumped to No. 4 in The Associated Press women's college basketball poll on Monday after edging UConn.
The appeal had asked the court to reinstate charges, including involuntary manslaughter, against Alec Baldwin.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Flames engulfed the historic building once home to the Morrison Hotel in downtown Los Angeles, leaving some people fleeing from inside as firefighters tackled the blaze. The photographer behind the famous photo featuring The Doors at the hotel, which graced the cover of their fifth studio album of the same name, tells the story of how the picture came to life.
Desmond Shaw gives us a view and a little bit of the history behind the Madrona Marsh in Torrance, which looks like what much of California used to look like in the era before industrial development.
South Los Angeles marked the first night of the seven-day holiday of Kwanzaa with its annual parade and festival, bringing culture and community together on Crenshaw Boulevard. Rina Nakano reports.
LAPD officers opened fire on a shooting suspect in South Los Angeles, leading to a pursuit the ended in Compton with two people being taken into custody.
Christiana Duarte was working for the Los Angeles kings back in 2017 when she was tragically killed in the 2017 Las Vegas Harvest Festival shooting. Her family and the Kings have a tradition of making blankets for the homeless every year as a way of keeping her memory alive. Chris Hayre went to check it out.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
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.