Free Tax Tip #6: Roll Over Into A Roth Account
Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's subject: roll over into a Roth account.
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Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's subject: roll over into a Roth account.
Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's subject: maximize retirement account tax savings!
Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's subject: better to give than to receive?
Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's tip: Try to maximize your 'above-the-line' write-offs...
Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week's tip: group together your itemized deductions...
The state of Illinois' children is troubling, says a new report coming out Thursday.
A lobbying group for Illinois' small business owners says it's time for major reforms from state government to improve the state's deteriorating business climate.
There is some positive news Tuesday about jobs in Chicago and nationwide.
A group that promotes downstate business says Caterpillar's investment in building more machines in East Peoria and Decatur will pay over and over again.
Former President Bill Clinton was in town Friday morning to sign his new book, Back to Work Barnes and Noble at the Old Orchard shopping center in Skokie.
She's got a Harvard law degree and served as Indiana's attorney general, but Karen Freeman-Wilson is about take on her toughest challenge yet as the newly-elected mayor of Gary, Ind.
Gov. Pat Quinn and top Illinois lawmakers talked about jobs at their latest high-level meeting Tuesday.
There is a glimmer of hope on the jobs front this Wednesday, as planned job cuts by businesses plummeted last month.
Hundreds of people filled Chicago Temple for a "Move the Money" town hall meeting Thursday night, and then marched to LaSalle and Jackson Streets, to join and show support for Occupy Chicago protesters.
The stagnant job market appears to be having an effect on applications to Chicago's business schools.
There is more evidence that the economy is contracting, with grim job numbers coming out.
They're supposed to be the golden years, but in these bad economic times more and more seniors are instead being victimized – ripped off by people they trust. It's a crime that's believed to be way under-reported.
The City of Chicago takes in 20,000 unwanted animals every year, and while most have to be euthanized, the city is doing better than most.
U.S. Rep. Peter Roskam (R-Ill.) said Tuesday that proposed Obama administration rules are stifling the economic recovery. And he wants Congress to have a much bigger say in future rulemaking.
President Barack Obama was wrapping up an official White House listening tour through the Midwest on Wednesday.
The message on Wall Street on Wednesday was simple: uncertainty. The see-saw at the stock market was giving consumers little confidence about the future of the economy.
Questions about the economy constitute a new threat to Chicago's already shaky financial picture. As CBS 2 Chief Correspondent Jay Levine reports, Mayor Rahm Emanuel has been working on the city's 2012 budget, trying to figure out how to eliminate a $600 million deficit.
Parents love having their grown kids come home and visit, but what happens when they don't just visit, they move back in? One recent poll shows a staggering 85% of college seniors plan to do just that after graduation.
Former President Bill Clinton toured a display of electric cars on Michigan Avenue this morning and said they're not just the future of American transportation, but the future of American jobs.
We've all heard the terms "unemployment rate" or "first-time jobless benefits" or "seasonally adjusted" ad nauseum over the past few years, as the United States slowly climbs out of a bad recession.
A night after losing the series opener 10-3, the Rangers (51-50) finished with a season-high 18 hits and avoided falling below .500 for the first time since June 27.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
On Fridays at the Green Mill, the jazz starts in the afternoon and goes until the wee hours of the morning.
On July 8, Josiah managed to leave the school building and wander from Cermak nearly half a mile down State Street.
The contractor, who was conducting work, was stranded about 130 feet above ground inside an enclosed sign structure toward the top of a sign pole.
Republican candidate for Illinois governor Darren Bailey is calling for greater transparency over nongovernmental organizations that receive at least $10,000 in state grants by making them subject to public records and open meetings requests.
Two independent Latino candidates seeking to run for retiring U.S. Rep. Jesus "Chuy" Garcia's seat in Congress won't appear on the ballot in November.
New search data shows "fascism" drew roughly 264,700 monthly searches nationally in 2026, but in Illinois the most-searched word definition was "bias."
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Parents of students in the Chicago Public Schools system had a chance Monday to weigh in on the next budget.
Chicago remained the most bed bug-treated city in the country, according to Orkin's latest annual rankings covering a full year of residential and commercial treatment data.
Illinois Attorney General Kwame Raoul this week warned residents cleaning up from last month's storms to be on the lookout for scams.
Illinois Gov. JB Pritzker on Thursday signed several new consumer protections into law, including a ban on junk fees.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
A new Northwestern Medicine study on long COVID shows women show more neurological symptoms than men.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Chicago just barely made the top 20 in the American College of Sports Medicine's 2026 ranking of the country's fittest cities.
In a major turnaround in the opioid crisis, overdose deaths are falling across Chicago and Cook County.
The north Chicago suburb of Glenview became the latest Illinois municipality this week to confirm mosquitoes testing positive for the West Nile virus this year.
Illinois American Water and Aqua Illinois are both seeking rate increases that would raise monthly bills by as much as $28, while their parent companies seek regulatory approval to merge — a deal a consumer watchdog says would give one company control of nearly all regulated water customers in the state.
The Federal Trade Commission and attorneys general from several states secured a right-to-repair settlement Wednesday with agriculture equipment giant Deere & Co. — commonly known as John Deere — that requires the company to let farmers and independent shops fix their own equipment.
Chicago Soul Café opened Monday at 6248 S. St. Lawrence Ave.
The Chicago Bears this weekend said they are assessing land at Wolf Lake Terminals in Hammond, Indiana, for a possible new stadium.
As an alternative to legalizing video gambling terminals citywide, Bally's offered to open slot machine lounges at O'Hare and Midway, saying the move would replace the $6.8 million the city budgeted from VGTs.
Christopher Nolan's "The Odyssey" is the first film shot entirely on 70mm IMAX cameras, and Cinemark Seven Bridges in Woodridge is 1 of roughly 30 theaters nationwide equipped to show it that way.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
The actor's agent said he was providing more information following news reports "which contain inaccuracies and outright falsehoods."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The 46th Taste of Chicago is cashless for the first time, accepting only credit cards, with a drone and fireworks show scheduled for approximately 9:15 p.m. Friday near Buckingham Fountain.
The child, who's nonverbal, managed to walk down the sidewalk, turn the corner and cross several busy intersections on State Street before a CTA bus driver spotted him and knew something wasn't right.
The pharmacy chain says common medications for dogs and cats are now available at about 9,000 locations nationwide.
Meteorologist David Yeomans is tracking the latest in First Alert Weather.
Co-owners Jill Skintges and Jason Cole recently brought back the late-night weekend hours that were a key part of the legendary jazz club.
Residents say they've been dealing with the issue for the past two months. Some expressed that they're glad to see the business closed.
A bar on Lincoln Avenue in Chicago's Lincoln Park community was shut down by Chicago police Tuesday morning, days after a fight broke out at a party in the bar and led to a fatal shooting.
On Fridays at the Green Mill, the jazz starts in the afternoon and goes until the wee hours of the morning.
On July 8, Josiah managed to leave the school building and wander from Cermak nearly half a mile down State Street.
The contractor, who was conducting work, was stranded about 130 feet above ground inside an enclosed sign structure toward the top of a sign pole.
Orlando Rivas was killed while he was shielding students after a car hit a pole that fell on him earlier this year.
Record heat and major air quality issues created by wildfire smoke were key topics as some of the top climate leaders from around the world gathered in Chicago this week for the Aspen Institute's annual climate summit.
Police say a man and a woman were last seen speaking with the victim before the shooting.
Neighbors in the Avalon Park neighborhood said their community has been plagued by squatters, weeds, rats, and water leaks – all thanks to an abandoned home that's been sitting vacant for years.
Chicago has been feeling the heat this week, with highs in the 90s the past five days, but officials are making moves to cool off some of the hottest parts of the city, specifically Chicago Park District fieldhouses where many turn to keep cool.
Gene Rush survived throat cancer, but he didn't survive a trip to the Porter County Jail over 4th of July weekend. His family said jail staff failed to provide lifesaving medical care.
A night after losing the series opener 10-3, the Rangers (51-50) finished with a season-high 18 hits and avoided falling below .500 for the first time since June 27.
Chicago collected 11 hits while improving to 23-10 in its last 33 games, bouncing back nicely after losing 8-6 in 10 innings in the series opener on Monday night.
Head coach David Braun is excited about what an intimate environment can do for his team.
The WNBA All-Star Game is being held in Chicago on Saturday, with the city hosting events in celebration.
All eyes are on Chicago as the city gets set to host the WNBA All-Star Weekend for the second time.
A bar on Lincoln Avenue in Chicago's Lincoln Park community was shut down by Chicago police Tuesday morning, days after a fight broke out at a party in the bar and led to a fatal shooting.
A man was shot and wounded early Tuesday in the Wentworth Gardens public housing development just south of Rate Field.
Charges were pending Tuesday morning for a man accused of shooting a woman and a Chicago police SWAT officer in Chicago's Albany Park community the day before.
A man stabbed two tourists near the ancient Acropolis in Athens, Greece's top tourist attraction, police said.
A man was shot and killed in a fight in Chicago's Lincoln Park neighborhood Sunday night.