Major changes for taxpayers this tax season. What to know before filing.
This is due in part to the new "Big Beautiful Bill" and job cuts at the Internal Revenue Service.
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This is due in part to the new "Big Beautiful Bill" and job cuts at the Internal Revenue Service.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
Big changes are coming this tax season, with the new "no tax on tips" rule created by the Trump Administration's spending plan, and following the delays with the IRS electronic payment system earlier this year, taxpayers might want to start preparing now.
CBS News Chicago has reported on this problem, and it turns out we are not the only ones having a hard time getting answers from the IRS.
CBS News Chicago has reported on this problem, and it turns out we are not the only ones having a hard time getting answers from the IRS. Tara Molina reports.
Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved.
Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved. CBS News Chicago has been checking in daily with the IRS for the past week about the processing delays as more people say they are getting IRS notices.
Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved.
Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system.
Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system.
Sources say the IRS plans to rescind Harvard's tax-exempt status, something that would be unprecedented for a large American research university.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
According to an internal email, three-quarters of the positions in the IRS Office of Civil Rights and Compliance will be eliminated.
President Trump’s latest move is to fire roughly 6% of the IRS workforce in the midst of a busy tax-filing season. Erica Brown reports.
Another round of federal job cuts is coming. This time, it’s at the agency responsible for bringing money into the government's coffers.
The IRS is the latest federal agency impacted by aggressive federal workforce cuts carried out by the Trump administration.
Next year, the standard deduction will increase to $15,000 for single filers and $30,000 if filing jointly. The earned income tax credit for low—to middle-income filers will also increase to a maximum of $8,000. Read More
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Carson Kelly hit a three-run homer, Colin Rea pitched six strong innings and the Chicago Cubs rallied to beat the Philadelphia Phillies 10-4 on Tuesday night.
Aroma Park resident Mike Satterfield says he's still waiting for the county to pick up leftover debris, as well as his insurance claim, more than a month after the storm.
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Former ComEd chief executive officer Anne Pramaggiore and lobbyist Michael McClain have both been ordered released from prison on appeal bonds, as a federal appeals court announced it will be granting them a new trial just hours after hearing arguments in their case.
The back and forth between President Trump and Pope Leo XIV continues to make waves, as the president has lashed out at the pope's criticism of his administration.
After a one-month delay, the City Council is moving forward with plans to increase taxi fares in Chicago for the first time since 2016.
The image was deleted from President Trump's Truth Social account, but the president said it depicted him as a "doctor, making people better."
A passenger on an American Airlines flight from New York to Chicago has been charged with making a false bomb threat that forced an emergency landing at Detroit Metro Airport last month, according to a federal criminal complaint.
Skyrocketing property taxes continue to be a hot-button issue in Cook County — particularly since last fall, when many residents saw their tax bills increase by 100% or more.
Illinois Secretary of State Alexi Giannoulias this weekend issued a warning about a surge in text messages that falsely claim to come from his office or the DMV within it.
Tenants at a South Loop luxury high-rise that has been plagued with problems like broken elevators are vowing to fight five-day eviction notices.
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The Centers for Disease Control and Prevention says more than 80% of deaths related to pregnancy are preventable, and Black women are three times more likely to die from pregnancy-related causes than white women.
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Northwestern Medicine and the American Red Cross teamed up for a community blood drive in Chicago on Monday morning.
Ending domestic violence is the goal of groups and advocates all over the world, and some experts in Chicago say it is time to become less reactive and more proactive when it comes to the people causing harm.
A new restaurant has joined the busy stretch of Halsted Street toward the south end of Chicago's Lincoln Park neighborhood that is also home to Alinea and Boka.
The federal government is suing Illinois, Connecticut and Arizona over efforts to regulate prediction market operators such as Kalshi and Polymarket.
The owners of the popular Uncommon Ground restaurant, live music venue, and brewery in Chicago's Wrigleyville community announced this week that they're looking for a successor to take over the business.
Chicago consistently ranks in the top three cities in Fortune 500 company headquarters, and now a competition has been launched to build on Chicago's power in business.
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Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
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The mall's owners have until Thursday to respond to the lawsuit by the city and to notify its 16 remaining tenants.
Mike Satterfield said he’s used to waiting, but he and his wife, Vickie, are tired of being stuck in limbo more than a month after the tornado.
Chief Meteorologist Albert Ramon says the Tornado risk will be mainly to the north and northwest suburbs.
The town of Ottawa, Kansas, about an hour southwest of Kansas City, was hit by a tornado on Monday night, with the storm ripping apart buildings and homes.
Much of the west, north and northwest suburbs are under a tornado watch until 10 p.m. as severe storms make their way to the Chicago area.
A South Side business owner and philanthropist are trying to stay one step ahead of teen takeovers in Chicago, asking parents to show up in force Tuesday night in Hyde Park for a planned teen trend.
After surveillance video showed a delivery robot smashing into a CTA bus stop, the little guy and the company he works for have issued an apology.
Carson Kelly hit a three-run homer, Colin Rea pitched six strong innings and the Chicago Cubs rallied to beat the Philadelphia Phillies 10-4 on Tuesday night.
Aroma Park resident Mike Satterfield says he's still waiting for the county to pick up leftover debris, as well as his insurance claim, more than a month after the storm.
Some parents in southwest suburban Oswego are fired up, saying the school district invited all non-white students to participate in summer remedial programming, regardless of how they're doing in school.
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Financial exploitation is the leading type of elder abuse in Illinois. One Streamwood woman learned that personally, when her brother took hundreds of thousands of dollars from their parents' financial accounts.
One year after a teenage girl was shot outside her home in Country Club Hills, Illinois, and was told she would never walk again, she continued to defy the odds and reclaim her independence.
Carson Kelly hit a three-run homer, Colin Rea pitched six strong innings and the Chicago Cubs rallied to beat the Philadelphia Phillies 10-4 on Tuesday night.
Former Oswego East High School standout Noah Schultz is getting ready to step on the mound for the Chicago White Sox on Tuesday night for his Major League debut with his hometown team.
Angel Reese will not be playing for the Chicago Sky next season, but the team selected a college championship player in Gabriela Jaquez in the WNBA Draft Monday night.
The game was tied at 1 before Thompson scored from the low slot 13 minutes into the second after stealing the puck from Blackhawks defenseman Louis Crevier.
Kyle Schwarber homered twice and drove in three runs, Cristopher Sánchez pitched six strong innings and the Philadelphia Phillies defeated the Chicago Cubs 13-7.
A Chicago man has been sentenced to nearly 6 years in prison for his role in trying to carjack an off-duty Cook County Sheriff's deputy and his family in 2023 in south suburban Dolton.
Two Chicago men have been charged with murder in the shooting death of an Alsip man in southwest suburban Oak Forest over the weekend.
A 15-year-old boy was arrested and charged this week with robbing two men at gunpoint in Chicago's River North district.
Crash-and-grab burglars stole an ATM from a River North gas station early Tuesday morning, Chicago police say.
Two police officers were injured over the weekend while arresting a man in a domestic disturbance in the southwest Chicago suburb of Orland Park.