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.
The historic fountain at the center of a roundabout in Orange was hit by yet another driver over the weekend, marking just another incident in a string that dates back years.
The discovery was made at about 4 p.m. underneath the I-10 overpass at Washington Boulevard, according to LAPD investigators.
Both of the victims were hospitalized in stable condition, according to firefighters.
Saquon Barkley ran for touchdowns of 70 and 72 yards in the second half and finished with an Eagles-record 255 yards rushing in the streaking Philadelphia Eagles' seventh consecutive victory.
Family members say that the 16-year-old victim was an athlete and honor roll student at his South Los Angeles high school and that he did nothing to deserve the way he died on Friday.
As millions of Americans prepare for their Thanksgiving travels, the TSA is expecting a record number of passengers to pass through LAX and other airports nationwide in the coming days, with Sunday after Thanksgiving potentially setting an all-time high.
The historic fountain at the center of a roundabout in Orange was hit by yet another driver over the weekend, marking just another incident in a string that dates back years.
The discovery was made at about 4 p.m. underneath the I-10 overpass at Washington Boulevard, according to LAPD investigators.
The California Highway Patrol is searching for a driver who allegedly killed a 16-year-old bicyclist during a road rage incident at Exposition Park on Friday.
Both of the victims were hospitalized in stable condition, according to firefighters.
The discovery was made at about 4 p.m. underneath the I-10 overpass at Washington Boulevard, according to LAPD investigators.
Both of the victims were hospitalized in stable condition, according to firefighters.
Family members say that the 16-year-old victim was an athlete and honor roll student at his South Los Angeles high school and that he did nothing to deserve the way he died on Friday.
It happened a little before 2 a.m. in the 2600 block of E. Ocean Boulevard, according to the Long Beach Police Department.
Two people are expected to be okay after a harrowing crash in Newport Beach early Sunday morning.
The historic fountain at the center of a roundabout in Orange was hit by yet another driver over the weekend, marking just another incident in a string that dates back years.
It happened just before 9 p.m. on Saturday in the 2000 block of S. Wood Street, according to the Santa Ana Police Department.
Two people are expected to be okay after a harrowing crash in Newport Beach early Sunday morning.
Police recovered more than $200,000 in Nike Jordan shoes during a California Highway Patrol operation in Anaheim.
With the holiday season quickly approaching, police warned residents to be wary of porch pirates after a brazen theft in front of an Irvine home.
The parents were arrested after detectives discovered signs of neglect and child abuse at a home where they were called for reports of a 10-year-old boy in medical distress.
The Riverside County District Attorney's Office declined to file charges against the suspected sexual predator who tried to meetup with a Temecula teenager for sex because they said more evidence was needed before they could take action.
The woman told firefighters that she had fallen into the hole sometime Tuesday evening and wasn't discovered until a passerby heard her screaming for help.
Undercover detectives posed as a teenage girl online and began talking with a 43-year-old man from Arizona who expressed his intent to meet up for sexual purposes.
It happened at around 9:15 p.m. on Friday near the intersection of SR-74 and White Avenue, according to California Highway Patrol officers.
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.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Tortilla strips sold in grocery stores across the U.S. have been recalled due to concerns about an undeclared wheat allergen.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Orlando is the first team since 2019 to win the NWSL Shield and the title in the same year.
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
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.
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."
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.
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.
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.
Saquon Barkley ran for touchdowns of 70 and 72 yards in the second half and finished with an Eagles-record 255 yards rushing in the streaking Philadelphia Eagles' seventh consecutive victory.
Boise State transfer Chibuzo Agbo scored 16 of his season-high 21 points in the second half, Josh Cohen added 18 points on 7-of-8 shooting and Southern California beat Grambling 80-69.
Gabriel Pec, Joseph Paintsil and Dejan Joveljic each scored two goals to help the LA Galaxy beat Minnesota United 6-2 to advance to the Western Conference finals.
James Harden had 23 points and eight assists, Ivica Zubac had 16 points and 12 rebounds and the Los Angeles Clippers coasted to a 125-99 win over the Philadelphia 76ers.
Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks' overall 43-game winning streak and their run of 33 consecutive road victories.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
The 17-time Grammy Award-winning artist's new album features 12 songs.
For years, actor and comedian Katt Williams has claimed he lied about his age as a teenager to join the Marines and passed boot camp before being drummed out. The Marines have no record of him ever serving.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Rina Nakano reports from Orange, where yet another car slammed into the historic fountain in the center of a roundabout, one more incident in a string that dates back years.
Thousands of people were on hand for the 45th annual DooDah Parade in Pasadena on Sunday.
SkyCal was overhead as a car was hoisted out of the water hours after it plunged off of a Marina del Rey dock on Sunday, sending two people to the hospital.
Hundreds of families received help ahead of Thanksgiving thanks to an organized giveaway event hosted by Los Angeles city and county leaders on Sunday in Commerce.
Hundreds of Thanksgiving giveaway baskets were dispersed to victims of crime and violence in South Los Angeles on Sunday.
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
