The IRS is cracking down on a tax loophole for wealthy taxpayers
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
Americans shell out billions of dollars to prepare and file their tax returns. Here's how to do it without spending a dime.
Differences in local tax rates across the U.S. can add up for those who live in certain states.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
The Democratic-controlled House Ways and Means Committee is expected to vote Tuesday on whether to publicly release years of the former president's tax returns.
Under new IRS rule, anyone who earned more than $600 this year by selling things online or doing gig work could face tax hit.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
We're two months since the deadline for filing taxes and still millions of Americans are waiting on their money. Even people who filed six months ago.
The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
Most American adults will get a payment.
According to the IRS, fewer taxpayers are getting refunds this year compared to the same time last year, and the average refund check is about $500 smaller.
Ever wondered if you'll get a refund or owe Uncle Sam at tax time? The IRS wants us to stop guessing.
To deter criminals, Senator Amy Klobuchar has introduced legislation to increase penalties for people who use stolen identities.
A Bloomington man was sentenced to 110 months in prison Wednesday afternoon for using hundreds of stolen identities to file false tax returns throughout the country.
It's an important time of year for thousands of Minnesotans: Time to sign up for next year's health insurance. And if you don't get it, get ready to pay up anyway. The new federal health care law requires American citizens to have health insurance.
After easily securing a second term as Minnesota governor, Democrat Mark Dayton landed sizable checks toward his early-January inauguration, including some from corporations whose leaders favored the GOP nominee in the race.
Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
It's easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i's and cross your t's by making sure to use the correct tax forms.
The Minnesota Department of Revenue says taxpayers can start filing their Minnesota tax forms on Jan. 20. That's the same day that the IRS says taxpayers can start filing their 2014 returns.
Federal prosecutors say a Minnesota man has pleaded guilty to defrauding investors of more than $19 million. Fifty-five-year-old Tyrone Herman of St. Anthony entered his plea Friday in U.S. District Court. According to court documents, Herman claimed he could purchase small appliances from manufacturers and wholesalers at below-retail market rates.
Two inmates at a Minnesota prison are accused of filing $400,000 in false tax claims to the Internal Revenue Service, according to the U.S. Attorney's Office. Tony Terrell Robinson, 30, and Tanka James Tetzlaff, 39, were each charged Tuesday with one count of conspiracy to defraud the United States and 10 counts each of making false claims.
If you haven't filed your 2013 income taxes yet, the clock is ticking. You have until the end of the day to get them done, get them in the mail or file for an extension. Officials with the Internal Revenue Service said about 35 million tax payers wait until the last week to file their taxes.
If you haven't filed your 2013 income tax return yet, you have about a day to do so and get it in the mail or file paperwork for an extension to meet the April 15 deadline. But officials said the chances of getting audited are the lowest in years.
For decades, the Uptown Art Fair has been fixature in the Uptown neighborhood drawing thousands, but the event will no longer happen in the popular neighborhood.
A 54-year-old woman has been charged with fraud for impersonating her mother and collecting her social security benefits for more than 25 years.
Four illnesses are filling Minnesota hospitals, and health leaders are warning you that Minnesota is dealing with a "quad-demic."
Red Wing police officers say four to five drones were spotted flying around a nuclear plant on Wednesday.
Esme Murphy chats with state Sen. Matt Klein, who said he is optimistic about the bill moving through the legislature.
For decades, the Uptown Art Fair has been fixature in the Uptown neighborhood drawing thousands, but the event will no longer happen in the popular neighborhood.
Esme Murphy chats with state Sen. Matt Klein, who said he is optimistic about the bill moving through the legislature.
The scope of the devastation is hard to grasp not only for Charles, but for those who are thousands of miles away.
It's a newly renovated, affordable, Indigenous breakfast and lunch café.
Three people have been charged in connection with a kidnapping in St. Paul on Tuesday.
A 54-year-old woman has been charged with fraud for impersonating her mother and collecting her social security benefits for more than 25 years.
Red Wing police officers say four to five drones were spotted flying around a nuclear plant on Wednesday.
A nationwide technical program is helping students at Elk River High School discover their passion for cooking, and their potential to pursue culinary arts professionally.
The Minnesota Department of Natural Resources announced on Wednesday that they will cease targeted culling of deer in three permit areas due to levels of chronic wasting disease reaching endemic levels.
Hundreds of Canadian geese have been found dead this winter in Owatonna, Albert Lea, Waseca and other southern Minnesota cities.
Richard Elliot, 62, has not been seen since Wednesday morning.
It sounds almost too good to be true: locals are saving thousands and thousands on home updates — especially in western Wisconsin.
Wisconsin Gov. Tony Evers' plan to let voters repeal and create state laws without legislative involvement met opposition from the Republican leaders of the Legislature, who signaled that the idea is likely to be rejected for a second time.
The New Libson Police Department issued a statewide crime alert on Saturday for information regarding a suspect they believe is involved with a triple homicide that took place on Monday.
Wisconsin police investigating the deaths of three people, including two juveniles, were searching Tuesday for a person of interest who is "considered armed and dangerous."
A local business, started during the pandemic, will soon celebrate two years at a physical location.
Emily Roth is the president of the Minnesota Children of the American Revolution and chose to help homeless veterans as her state project.
After her son was diagnosed with ALS, Faith thrust herself into research and organizations supporting the cure for ALS. She started getting involved with Everything ALS.
When Russia invaded Ukraine in 2022, Svetlana Vold immediately thought of her mom's teachings and looked to give back to her old Ukrainian neighbors who were suffering.
Volunteers at St. Paul's Union Gospel Mission served up hundreds of Christmas Day meals during a free lunch on Wednesday.
Esme Murphy chats with state Sen. Matt Klein, who said he is optimistic about the bill moving through the legislature.
Starting next week, lawmakers in favor of sports gambling will be making another push at the State Capitol.
Americans are observing a national day of mourning as the life of former President Jimmy Carter is celebrated in a state funeral and he's laid to rest.
Jimmy Carter was honored with a state funeral on Thursday in Washington. The 39th president is being remembered not only for his service in office but also for his extraordinary service to the world after leaving office.
Former president Jimmy Carter's vice president, Walter Mondale, died in 2021 but left behind a eulogy that his son Ted read at Carter's memorial service Thursday morning.
The state's 55% year-over-year rise in car insurance rates goes beyond inflation.
It sounds almost too good to be true: locals are saving thousands and thousands on home updates — especially in western Wisconsin.
The head of Canada's most populous province is taking shots at President-elect Donald Trump over his comments on annexing the country, joking that Canada should purchase Minnesota and Alaska in retaliation.
Xcel Energy says the interim increase of 5.2% will add about $5.39 to an average residential customer's monthly bill.
The new year is off to a lucky start for two Minnesota lottery players.
A 54-year-old woman has been charged with fraud for impersonating her mother and collecting her social security benefits for more than 25 years.
Red Wing police officers say four to five drones were spotted flying around a nuclear plant on Wednesday.
The Bureau of Alcohol, Tobacco and Firearms is urging law enforcement to reconsider selling their police-issued guns.
Three people have been charged in connection with a kidnapping in St. Paul on Tuesday.
Hennepin County Attorney Mary Moriarty wants to "remove unnecessary obstacles" that prevent youths from contributing to society.
Four illnesses are filling Minnesota hospitals, and health leaders are warning you that Minnesota is dealing with a "quad-demic."
An important deadline is fast approaching for the more than 35,000 workers who care for some of Minnesota's most vulnerable residents.
A Hollywood A-lister has come to the help of an immigrant living in Minnesota as he fights a serious illness.
Lower immunity to the new GII.17 strain could be leading to more infections.
Norovirus numbers in Minnesota remain "higher than usual" and likely will for some time, state health officials said Tuesday.
A Hollywood A-lister has come to the help of an immigrant living in Minnesota as he fights a serious illness.
Peter Yarrow was a singer-songwriter and a social activist, but he was best known as one-third of the folk-music group Peter, Paul and Mary.
If you missed the 2025 Golden Globes, here's everything to know about how and where to watch the show.
The iconic ruby slippers sold for a total of $32.5 million at auction last month. The slippers were stolen in 2005 from the Judy Garland Museum in Grand Rapids.
Wayne Osmond started his musical career as an original member of The Osmonds with his brothers.
The Minnesota Vikings' Monday night playoff matchup against the Rams has been moved to Arizona due to devastating wildfires in the Los Angeles area.
Taylor Heise scored her second goal of the season 3:20 into overtime to give the Minnesota Frost a 2-1 victory over the Boston Fleet.
A new bill to set up a regulatory structure for legalization is a sure bet, but its fate is unclear. The issue has had both bipartisan support and opposition for years.
It's hard to quantify growth, but it's worth a try for a University of St. Thomas basketball team that entered Division 1 in 2021.
The Minnesota Vikings organization is showing support to Los Angeles Rams fans as wildfires rage in the Los Angeles area.
Esme Murphy chats with state Sen. Matt Klein, who said he is optimistic about the bill moving through the legislature.
In Talking Points, Esme Murphy sits down with the son of Jimmy Carter’s vice president, Walter Mondale.
Esme Murphy talks with Congressman Pete Stauber, who hopes to see President Biden’s 20-year moratorium on new mining near the Boundary Waters reversed by President-elect Donald Trump.
President-elect Donald Trump said he plans to reverse President Biden's 20-year moratorium on new mining near Minnesota's Boundary Waters Canoe Area Wilderness on his first day in office.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
In the basement of the Minnesota History Center, you'll find corridors of giant blue cabinets that are guarded by lock and key.
The story behind the St. James Hotel is simple: 11 business owners needed a place for people to stay when they came to town. Likely none of them envisioned their establishment would one day end up on the National Register of Historic Places.
During the first week of December, Little Falls holds Christmas tours around town. It's a chance for historic buildings to deck their halls and spread their cheer.
Duluth is known for its scenic views across the city, but one location stands out from the rest.
One family's creative design in central Minnesota allows guests to sleep under the stars — at any time of year.
Celebration turned into frightening chaos on New Year's Day when a driver barreled down Bourbon Street in New Orleans, killing 14 people. Two days later, the FBI released a bulletin warning of copycat attacks.
Here's an explanation of why people may hear creaks and trembles in their homes during cold months.
More Americans are drinking less milk, but eating more cheese. So what does that all mean?
Celebrating New Year's Eve comes with many long-time traditions. They include what we drink, what we watch and what we do with someone else at midnight.
There are a lot of reasons to get distracted this time of year and to procrastinate.
Six Minnesota Vikings made the initial roster for the 2025 Pro Bowl Games, the most in 15 years.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
WCCO meteorologist Chris Shaffer has your latest forecast, including when you can expect the temperatures to warm up into the 30's.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
WCCO meteorologist Chris Shaffer has your latest forecast, including everything you need to know about an impending snow system.
Chief Meteorologist Chris Shaffer forecasts light snow and temperatures in the 20’s through the weekend.
You may need to get out the shovel Thursday night for some minor cleanup.
WCCO meteorologist Chris Shaffer has your latest forecast, including when you can expect the temperatures to warm up into the 30's.
Have you ever felt like you've already experienced a moment before? If so, you're not the only one. In this week's Good Question, Kirsten Mitchell explores what déjà vu is and what might potentially cause it.
The Uptown Art Fair is a staple for Minneapolis residents, and has been a reliable source of increased revenue for businesses in the area. However, the Uptown Art Fair will no longer be called the Uptown Art Fair, nor will it be located in Uptown. WCCO's Ubah Ali explains why.
Two men and one woman have been charged in a kidnapping police now believe is related to drug trafficking for a Mexican cartel.
Across the nation, the healthcare system is taking a beating as the "quad-demic" continues to strain resources and slow down patient care. WCCO's Frankie McLister shows us how Minnesota hospitals are being affected.