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.
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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.
Flames tore through a building and well-known horse farm near Winona on Thursday afternoon.
RJ Barrett scored 31 points, Scottie Barnes added 17 points in his return from injury, and the Toronto Raptors won back-to-back games for the first time this season by beating the Minnesota Timberwolves 110-105.
Authorities are asking for the public's help in finding a missing 71-year-old woman with dementia from White Bear Lake.
The average price for a typical turkey is about $25 this year. That's 6% cheaper than last November.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
Authorities are asking for the public's help in finding a missing 71-year-old woman with dementia from White Bear Lake.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
Minneapolis Mayor Jacob Frey on Thursday vetoed a City Council proposal that would establish a citywide labor standards board.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
Flames tore through a building and well-known horse farm near Winona on Thursday afternoon.
Authorities in Pine County are searching for an 82-year-old man who told family he was leaving for Texas in early November and hasn't been heard from since.
A southwest Minnesota man is donating his time and skills to provide a service that most of us didn't know needed to be done.
A recount of a close Minnesota House race on Thursday could determine the balance of power in the chamber, which now stands at a political tie, according to the unofficial results from the election two weeks ago.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
The Wisconsin Supreme Court is grappling with a case affecting whether the swing state's nonpartisan top elections official can remain in her post despite not being reappointed and confirmed by the state Senate.
Documents say Steven Williams resigned from the Prescott, Wisconsin police force "in lieu of termination."
An attorney representing a conservative prosecutor struggled Monday to convince Wisconsin's liberal-leaning Supreme Court to reactivate the state's 175-year-old abortion ban.
Jennie-O turkey brand will display its float at Macy's Thanksgiving Day Parade for the fifth consecutive year.
Traffic is backed up on a major interstate in western Wisconsin Tuesday morning due to a crash.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
A warm place to live may be taken for granted, but for a veteran taking over his family home, it's a gift.
Michael Fuller and Mahesh Mathew are finding purpose on Twin Cities running paths together.
One issue veterans face is finding a job after they finish their service. They have skills, of course, but they are not always valued as work experience. The University of Minnesota Medical School is hoping to change that.
Alan Vanhoever and Brian Neidt are honored to have served the United States. Both struggled with addiction for years before giving a specialized long-term program a try.
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.
A recount of a close Minnesota House race on Thursday could determine the balance of power in the chamber, which now stands at a political tie, according to the unofficial results from the election two weeks ago.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly released police report. He is now President-elect Trump's choice for defense secretary.
State regulators denied two-thirds of the applications seeking one of the initial "preapproved" licenses to operate a cannabis business in Minnesota, a spokesperson for the Office of Cannabis Management said by email.
The average price for a typical turkey is about $25 this year. That's 6% cheaper than last November.
"We literally walk in and dust off the jackets because they have been sitting for a while," she said.
Thieves capture radio signals from your key fob by using a device that grabs that fob's signal, even from long distances. That signal can be stored and re-used.
The price of housing in Minneapolis rose less over the last five years compared to other metro areas around the U.S.
The Wild also partnered with community food shelves to give out Turkeys this holiday season.
A man is expected to survive after being shot during a possible drug deal in Minneapolis' Dinkytown neighborhood Thursday morning, police said.
A woman in her 60s has been charged with fatally striking a person with her car back in July near Hibbing, according to documents filed Tuesday in Itasca County.
Roseville city officials say that more than 18,000 feet of copper wire was stolen.
Criminal charges have been dropped against two teenage brothers in connection to the fatal shooting of their 15-year-old cousin in Minneapolis this summer.
Police say an 18-year-old man is dead after he was shot on Tuesday night near Minneapolis' Little Earth of United Tribes housing area.
Last year, Minnesota lawmakers passed new protections after a young woman testified about contamination in her community just before she died. Her sister is now carrying on the fight to protect other families.
The Minnesota Department of Health and the United States Department of Agriculture say they have confirmed a total of 15 cases of E. coli related illnesses in Minnesota.
PFAS are forever chemicals used in everyday items like nonstick pans, dental floss and food packaging that can build up in our bodies and harm our health.
A new Minnesota state law requires school districts or charter schools to adopt a policy on the use of cellphones in school by March of next year. But one nonprofit has gotten a jump start, working with students to help them find a balance between devices in and out of school.
The Mayo Clinic says surgeons there successfully performed a face transplant for a Michigan man who was severely injured from a self-inflicted gunshot wound 10 years ago.
After almost a decade of "Disney on Ice" performances, a Minnesota native is eagerly anticipating his first show at the Xcel Energy Center.
Post Malone announced Tuesday that the "Big A** Stadium Tour" will come to U.S. Bank Stadium on May 20, 2025.
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.
Mike Tyson, a boxing legend, and Jake Paul, a social media legend, threw down Friday in Dallas. Financially, they both came out winners.
RJ Barrett scored 31 points, Scottie Barnes added 17 points in his return from injury, and the Toronto Raptors won back-to-back games for the first time this season by beating the Minnesota Timberwolves 110-105.
The head coach of the University of St. Thomas' women's hockey team has resigned following an "incident," according to the school, which would not disclose the details of what occurred.
Parker Fox scored 16 points off the bench to spark Minnesota to a 58-47 win over Cleveland State.
Kirill Kaprizov scored a pair of third-period goals, and Jonas Brodin and Ryan Hartman also scored to help the Minnesota Wild beat the St. Louis Blues 4-2 on Tuesday night.
The Minnesota Vikings have been hounding quarterbacks all season and often without any extra help.
In this election, Klobuchar faired much better than all other Senate Democrats — she won by a significantly larger margin.
For Democrats the postmortem continues on why Vice President Kamala Harris and her Running mate Governor Tim Walz performed more poorly with almost every demographic than Joe Biden did in 2020. In Minnesota, Senator Amy Klobuchar did much better than Harris with some of those same groups.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Did you know that donkeys are fast, smart and can build life-long bonds with other animals and people? It's believed that donkeys are smarter than most dogs.
The Fitzgerald Theater is the oldest active theater in St. Paul — but is it also haunted?
Wisconsin bars are known for their pints and their patrons. About the last thing you'd expect to discover in such a place would be 55 feet of historic American artwork.
Did you know Minnesota has a real castle? Miller Castle, near Nisswa.
In this edition of Finding Minnesota, John Lauritsen takes us through the long history and evolution of the Goldy Gopher mascot.
Krueger is the third-generation owner of Krueger's Christmas Tree Farm. While he finds joy in knowing the evergreens will make a family happy, they might not realize the effort it took to reach these towering heights.
As President-elect Donald Trump fills out his cabinet, there's one department for which he's yet to announce a leader. That could be because he promised it wouldn't exist after taking office.
The tiny sensory organs that cover our tongue allow us to detect five basic tastes: sweet, salty, bitter, sour and umami — which is a savory, rich or meaty flavor.
Grabbing a TV for a steal-of-a-deal is a popular move during the holiday season. This year, industry experts are expecting shoppers to go big — like really big.
Robert F. Kennedy Jr., who is expected to have a spot in the Trump administration, feels fluoride can lead to a slew of health problems.
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.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
WCCO meteorologist Chris Shaffer has your latest forecast.
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.
The wind will slowly die down Thursday night, but temperatures will also start to drop.
WCCO meteorologist Adam Del Rosso has your latest forecast and it's a chilly one!
Cold winds and clouds will linger on Thursday.
Sarah and April met under some tough circumstances, but together they’re finding strength and moving forward one day at a time.
In this installment of WCCO Investigates: PFAS Problems, one Minnesota family is speaking out about the impact PFAS has had on their family.
Thanksgiving dinner won't hurt your budget this year, as prices for turkey has fallen 6% from last year. WCCO's John Lauritsen has the story.
The man who hit and killed a student at the University of Minnesota had other alcohol-related offenses on his record, police say. WCCO's Jason Rantala has the story.
WCCO meteorologist Chris Shaffer has your latest forecast.