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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.
Teoscar Hernández had three hits and three RBIs, including a go-ahead single in the eighth inning, and the Los Angeles Dodgers extended their winning streak to four games by beating the San Francisco Giants 3-2.
Jo Adell drove in the go-ahead run with a two-out single in the ninth inning, and the Los Angeles Angels beat the Seattle Mariners 3-1.
In all, agents recovered 28 rifles, one handgun, 30 high-capacity magazines and more than 2,200 rounds of ammunition of various calibers, the department reported.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Regency Theatres' Westwood Village and Bruin theaters will close their doors on Thursday as their leases expire, ending a nearly 100-year run for the two iconic locations.
In all, agents recovered 28 rifles, one handgun, 30 high-capacity magazines and more than 2,200 rounds of ammunition of various calibers, the department reported.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Regency Theatres' Westwood Village and Bruin theaters will close their doors on Thursday as their leases expire, ending a nearly 100-year run for the two iconic locations.
Investigators say that the Hawarden Fire, which destroyed several homes in Riverside, was ignited by fireworks, while the Eagle Fire, which has torched nearly 500 acres, forced evacuation orders for many on Sunday.
The crash happened back on January 22 near the intersection of Eighth Avenue and 60th Street, police said.
Regency Theatres' Westwood Village and Bruin theaters will close their doors on Thursday as their leases expire, ending a nearly 100-year run for the two iconic locations.
The crash happened back on January 22 near the intersection of Eighth Avenue and 60th Street, police said.
One person was arrested for "his role in the assault," police said.
Cal State LA won the university's first women's title in the NCAA era.
Long Beach Police Chief Wally Hebeish announced the arrest of three suspects Monday for the murder of Yener Ramirez-Miranda, who was an unintended target of the suspects who were shooting at rival gang members nearby.
Pedro Gallegos-Garcia, was extradited from Mexico last week after he was arrested in connection with a deadly shooting at a quinceañara in Costa Mesa in 2006.
A Caltrans worker was struck and killed by a tow truck while picking up trash along the side of the I-5 Freeway in San Clemente on Monday.
Orange County investigators arrested a 29-year-old on Wednesday for allegedly starting several vegetation fires in San Juan Capistrano right before the Fourth of July.
The family was on a bike ride in Garden Grove when the suspect allegedly crashed into them with a BAC three times the legal limit.
Six men have been charged with stealing more than 300 firearms from stores across Southern California, allegedly using stolen vehicles to ram into the gun shops before breaking into them.
In all, agents recovered 28 rifles, one handgun, 30 high-capacity magazines and more than 2,200 rounds of ammunition of various calibers, the department reported.
The stabbing happened at around 9:30 p.m. Saturday evening in the 31000 block of Riverside Drive, deputies said.
Investigators say that the Hawarden Fire, which destroyed several homes in Riverside, was ignited by fireworks, while the Eagle Fire, which has torched nearly 500 acres, forced evacuation orders for many on Sunday.
The cause of the crash remains under investigation.
Deputies say that the man, who allegedly had a machete and a pipe, confronted park rangers as they cleaned a homeless encampment in the Santa Ana River bottom.
Board Chair Janice Hahn rides the Metro after the agency reached a five-year high in violent crime incidents.
Ross Palombo digs through the numbers to give the bigger picture behind California fundraising for both presidential candidates.
After a two-year KCAL News Investigation uncovered serious concerns about police selling their old weapons, a new case study has brought a new light to where agencies buy their new guns.
Thousands of guns once owned by law enforcement have been found at crime scenes, including at incidents in Southern California, an in-depth investigation has revealed.
"No teacher should have to lie as part of their job". Ross Palombo talks to a teacher in the Los Angeles Unified School who says he was told to lie about class attendance, which is how the state calculates funding from your tax dollars.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
Vice President Kamala Harris said in a statement that it is her "intention is to earn and win" the Democratic presidential nomination.
Former President Barack Obama released a letter about President Biden's decision to drop out of the 2024 presidential race. Notably, Obama did not name or endorse Vice President Kamala Harris.
Here's how former President Donald Trump and Republican senators and members of Congress are reacting to President Biden's decision to leave the 2024 race.
Shortly after the announcement, President Biden endorsed Vice President Kamala Harris. But other contenders could emerge.
Vice President Kamala Harris continues to receive a wide range of support in the day since President Biden dropped out of the 2024 race.
In 2010, Kamala Harris became the first female, Black and South Asian attorney general in California history.
Key progressive and member of "The Squad" Minnesota Rep. Ilhan Omar endorsed Kamala Harris for president on Sunday after President Biden announced he was dropping out of the 2024 presidential race.
Vice President Kamala Harris said in a statement that it is her "intention is to earn and win" the Democratic presidential nomination.
Nancy Pelosi joined the ranks Monday of Democrats who endorsed Vice President Kamala Harris after President Biden ended his reelection bid Sunday.
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.
Target, looking for ways to add sales, is relaunching its Target Circle loyalty program including a new paid membership with unlimited free same-day delivery in as little as an hour for orders over $35.
When, who and how much to tip is becoming more of a question in consumers' minds.
One in four college students says they have credit card debt, according to a new survey by U.S. News and World Report. And with interest rates topping 20 percent, those students could be in debt for years. On Your Side's Kristine Lazar has more on the biggest mistakes college students are making with their credit cards.
A warning of a Listeria monocytogenes outbreak affecting 12 states, including Pennsylvania, New Jersey and New York, was issued by the CDC Friday afternoon linking infections to sliced meat at deli counters.
One product contained 16 different metals, with researchers calling for rules requiring manufacturers to test tampons.
A case of H5 influenza, also known as bird flu or avian influenza, has been confirmed in a man who was working at a dairy farm in northeastern Colorado.
The CDC says it is too early to say if this year's summer COVID-19 surge has arrived.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
Angel City FC says Walt Disney Company CEO Bob Iger and Southern California dean for communication and journalism Willow Bay will be the new controlling owners of the National Women's Soccer League team.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
Gov. Newsom Saturday signed a state budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and business tax increases.
Democrat lawmakers in California have agreed to delay a minimum wage increase for about 426,000 health care workers to help balance the state budget.
Teoscar Hernández had three hits and three RBIs, including a go-ahead single in the eighth inning, and the Los Angeles Dodgers extended their winning streak to four games by beating the San Francisco Giants 3-2.
Jo Adell drove in the go-ahead run with a two-out single in the ninth inning, and the Los Angeles Angels beat the Seattle Mariners 3-1.
The Los Angeles Dodgers have made a surprising change to their evolving rotation.
LeBron James will be the third basketball player – and the first men's player – to carry the U.S. flag at the start of the 2024 Paris Olympic Games.
Shohei Ohtani hit a 473-foot home run and the Los Angeles Dodgers went deep six times in a 9-6 victory over the Boston Red Sox.
Regency Theatres' Westwood Village and Bruin theaters will close their doors on Thursday as their leases expire, ending a nearly 100-year run for the two iconic locations.
Shannen Doherty had accused Kurt Iswarienko of prolonging the divorce so he didn't have to pay spousal support.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
Alison Jillian Chao, 15, was last seen on Tuesday at around 6:20 p.m. in the 4400 block of Collis Avenue in the El Sereno area, according to the Monterey Park Police Department. Laurie Perez reports.
In all, agents recovered 28 rifles, one handgun, 30 high-capacity magazines and more than 2,200 rounds of ammunition of various calibers, the department reported.
Desmond Shaw flies to the Soka University of America for tonight's Look At This!
On Monday, Riverside leaders confirmed that the Hawarden Fire that destroyed six homes and damaged seven others started because suspects threw an illegal firework into some dry brush. Nicole Comstock reports.
It appears the unanimous vote to name Kamala Harris as the Democratic nominee has been sealed after the entire California delegation voted unanimously to vote for her. Tom Wait reports.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Shots from the second day of the JM Eagle LA Championship held at the Wilshire Country Club in the Palos Verdes Estates.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The Academy Awards will hand out filmmaking's top honor in 23 categories during the 2024 Oscars at the Dolby Theatre in Hollywood, starting at 7 p.m. Eastern, 4 p.m. PDT.
Shots from the PGA's Genesis Invitational golf tournament held at the Riviera Golf Club in the Pacific Palisades.