Free Tax Tip #5: 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: maximize retirement account tax savings!
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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: 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.
Faced with a worsening budget picture, Mayor-elect Rahm Emanuel is putting a financial team together to make the tough decisions to bring fiscal stability.
All of the Chicago area and Northwest Indiana have been upgraded to an Extreme Heat Warning through Thursday amid a Midwestern heat wave.
New video released Tuesday by the Oak Park Police Department shows tense moments from an officer-involved shooting this past spring.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
Service was disrupted after a person was hit by and pinned under a CTA Brown Line train Tuesday morning.
A 9-year-old boy from Arizona won a nice chunk of change recently, thanks in part to the signature of Chicago White Sox infielder and slugger Munetaka Murakami.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
The Supreme Court on Tuesday struck down President Trump's executive order seeking to end birthright citizenship.
The Supreme Court struck down federal limits on the amount of money a political committee can spend in coordination with federal candidates.
The Supreme Court upheld state laws from West Virginia and Idaho that restricted participation by transgender athletes in girls' and women's sports.
Gov. JB Pritzker signed more than 60 bills since Friday, including new laws to increase transparency around rental fees and give some drivers an alternative to having their license suspended.
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.
An Illinois law banning "swipe fees" on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against it this week.
A new study from the Cook County Treasurer's office underlines growing concerns about the impact the Illinois megaprojects bill could have on the county's property tax base and overall fiscal health.
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.
Environmental and community groups are suing the U.S. Environmental Protection Agency for failing to act on a petition challenging U.S. Steel Gary Works operating permit renewal.
In the four years since Roe v. Wade was overturned and Illinois became a destination for abortion care, Illinois providers and advocates have rebuilt the state's infrastructure to support the tens of thousands of people who travel to the state for abortion services every year.
June is National Aphasia Awareness Month, raising awareness of a disorder that affects a person's ability to speak, write, and understand both spoken and written language.
The Chicago Department of Public Health issued a warning Tuesday about a possible measles exposure at O'Hare International Airport.
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.
Daley's Restaurant, known as Chicago's oldest, has served Chicago's Woodlawn neighborhood for more than 130 years.
Walgreens is set to close in Chicago's Chatham neighborhood on Thursday, and there's growing concern about where families will get their medications.
The owners of Gene & Georgetti steakhouse are suing a concessions operator over their expansion at Midway International Airport.
Chicago rapper Twista has pleaded guilty to willfully failing to pay income taxes.
Lionel Richie's Chicago concert at the United Center has been postponed after the singer became sick at his tour opener in St. Paul, Minnesota.
Legendary musician Lionel Richie had to cut his performance short Wednesday night in St. Paul, Minnesota, leaving fans with many questions.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
The Supreme Court ruled Tuesday it's not a violation of Title IX if states decide to ban transgender athletes from sports teams.
The community group My Block My Hood My City is gathering food, water and cooling supplies to drop off with senior citizens in Chicago tomorrow morning amid the Midwestern heat wave.
Meteorologist David Yeomans has the extended forecast.
The mother of Sheridan Gorman is set to testify before a House subcommittee. The Loyola University student was shot and killed near the beach.
Chicago's minimum wage is set to increase on Wednesday.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
One of the men then smashed our photographer's camera while the other smashed the windshield of our news truck.
All of the Chicago area and Northwest Indiana have been upgraded to an Extreme Heat Warning through Thursday amid a Midwestern heat wave.
One man was killed, and two others were injured after a shooting in Chicago's Chatham neighborhood on Monday night.
Gov. JB Pritzker signed more than 60 bills since Friday, including new laws to increase transparency around rental fees and give some drivers an alternative to having their license suspended.
An Uber driver who was assaulted during a ride said he begged Chicago police officers not once but twice for help, but was left to fend for himself.
CBS News Chicago has learned that Illinois home insurance premiums are not only higher than the nation's average, but going up faster too.
The Cook County Sheriff's Office has been a part of Illinois' enhanced CTA security plan and state-led task force dedicated to making it safe since the end of March. Their officers have worked more than 4,000 hours a month.
A rideshare driver was shot in Chicago's North Lawndale neighborhood on Monday night.
After a violent holiday weekend, Chicago city leaders are expected to announce new support for a dedicated Department of Gun Violence Prevention.
A 9-year-old boy from Arizona won a nice chunk of change recently, thanks in part to the signature of Chicago White Sox infielder and slugger Munetaka Murakami.
It was Suzuki's second career game-ending hit and Chicago's major league-leading 10th walk-off win this season.
Colson Montgomery hit a go-ahead double in the eighth inning, Jacob Gonzalez drove in three runs and the Chicago White Sox beat the Baltimore Orioles 8-2 on Monday night in the opener of their series.
A memorial service was held Monday morning for Chicago Bulls broadcaster and three-time NBA champion Stacey King.
NASCAR is back in town next weekend, but not for a downtown street race — this time, for the first time in seven years, races will be held at Chicagoland Speedway in Joliet.
A man was sentenced to eight years in prison earlier this month for robbing a mail carrier on Chicago's Near West Side back in 2022.
A new trial was denied Monday for Marni Yang, who is serving life in prison for a 2007 shooting that left a romantic rival dead.
A Chicago Transit Authority switch worker was shot and killed in Chicago's Roseland community early Monday morning.
A man was stabbed in the Printers Row district in downtown Chicago early Monday morning.
An Amazon Fulfillment Center in Matteson, Illinois, became a crime scene overnight Sunday into Monday, after an employee was shot and killed.
