Late filers rush to submit taxes before midnight deadline
People were hurrying to drop off their paperwork at the Cardiss Collins main post office in the South Loop.
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People were hurrying to drop off their paperwork at the Cardiss Collins main post office in the South Loop.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
The IRS says it is not clear how to handle all the tax rebates given out in 2022, and you may want to wait before filing this year. Ivan Rodriguez reports.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
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.
The nonpartisan Tax Policy Center projected the tax law would reduce individual income taxes by about $1,260 on average, although it benefits higher earners more.
To pay for the tax breaks, the tax law erased many deductions that millions of taxpayers claim every year.
"It's kind of a windfall to the procrastinators," said Mark Steber, chief tax officer at Jackson Hewitt.
The service that taxpayers use to file online is partly down, according to Acting IRS Commissioner David Kautter.
Chairing a hearing of the House Ways and Means oversight subcommittee, U.S. Rep. Peter Roskam (R-Wheaton) said a General Accounting Office report has shown the same kind of risks now exist as when Congress found conservative groups and others were unjustly singled out for tax audits.
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.
With less than two days until 2015, there are still a couple ways you could maximize your deductions, and ease your income tax bill for 2014.
A federal judge has sentenced Illinois state Rep. LaShawn Ford to probation and a fine for shortchanging the Internal Revenue Service of $3,782.
It's one of the largest scams of its kind and victims are on the hook for more than a million dollars as con-artists pose as Internal Revenue Service agents.
No arrests were made at the site of the raid, and no charges have been filed in the case.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
The Internal Revenue service has launched a nationwide attack on the problem of identity theft and false filing of tax returns.
Taxpayers can go online to check to see if the IRS owes them cash.
Illinois residents who changed addresses this year may want to check with the Internal Revenue Service, because the agency might have a check waiting.
The disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie, is being investigated as a crime.
Charges were filed after a man was stabbed inside a home that also caught fire in Chicago's North Austin community early Tuesday morning.
Illinois state Rep. Kam Buckner (D-Illinois) has introduced a bill that would authorize autonomous vehicle pilot programs in several counties.
A hearing is scheduled for later this week in the case of Marimar Martinez, the woman who was shot five times by a federal immigration agent in Chicago's Brighton Park neighborhood last fall.
Chicago police said a 12-year-old boy was grazed by a bullet while riding in a car in Chicago's Austin neighborhood.
Hillary Clinton will appear for a deposition on Feb. 26, while former President Bill Clinton will appear on Feb. 27, according to the House Oversight Committee.
The House on Tuesday voted 217 to 214 to fund major parts of the government and end the partial shutdown.
All federal immigration agents in Minneapolis will begin wearing body cameras, Secretary of Homeland Security Kristi Noem said Monday, a policy that could be rolled out nationwide.
With U.S. Rep. Raja Krishnamoorthi giving up his seat in the House to run for the Senate, voters in Illinois' 8th Congressional District face a crowded ballot in the Democratic primary on March 17.
With U.S. Rep. Robin Kelly giving up her seat in the House to run for the Senate, voters in Illinois' 2nd Congressional District face a crowded ballot in the Democratic primary on March 17.
This week marks Identity Theft Awareness Week, and Illinois Comptroller Susana Mendoza emphasized some safety tips Monday for avoiding and dealing with identity theft.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
It has been nearly six years since the start of the COVID-19 pandemic, and one of the many questions doctors are still working to answer concerns the long-term effects.
Leaders from Cook County, the Illinois Department of Human Services, and the Greater Chicago Food Depository denounced changes to the Supplemental Nutrition Assistance Program on Wednesday.
The University of Chicago Medicine Comprehensive Cancer Center has received a grant from The Ralph Lauren Corporate Foundation for a new cancer center.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
January may be the coldest time of the year, but Chicago is already looking forward to summer farmers' markets.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Music's biggest night returned Sunday with the 68th annual Grammy Awards. Here is how to watch and stream and what to know.
Tax season is open, and April 15 is just around the corner. This year will see some big changes, and CBS News Business Analyst Jill Schlesinger is here to help.
The short-lived government shutdown ended with a new funding bill that did not include money for the U.S. Department of Homeland Security. Meanwhile, President Trump raised eyebrows after signing the bill when he said Republicans should “nationalize” elections. Jarred Hill reports.
Israeli strikes on Gaza killed at least 21 Palestinians, including two infants.
Israeli strikes on Gaza killed at least 21 Palestinians, including two infants.
Planning a romantic getaway? Think again. Travel editor Peter Greenberg joins Dana Kozlov on CBS News Chicago.
Jasbleidys Hernandez details how life has been for her and her children after her husband was arrested by federal agents last October.
Chicago police said a 12-year-old boy was grazed by a bullet while riding in a car in Chicago's Austin neighborhood.
Illinois state Rep. Kam Buckner (D-Illinois) has introduced a bill that would authorize autonomous vehicle pilot programs in several counties.
Charges were filed after a man was stabbed inside a home that also caught fire in Chicago's North Austin community early Tuesday morning.
A hearing is scheduled for later this week in the case of Marimar Martinez, the woman who was shot five times by a federal immigration agent in Chicago's Brighton Park neighborhood last fall.
Cynthia Eason recounted the moment Chicago police officers raided her family's home in 2018.
Water bills could be going up in several Chicago suburbs and other parts of Illinois, as Illinois American Water seeks a rate increase to fund infrastructure improvements.
The case involves a Chicago grandmother, her daughter, and her four grandchildren, who all said that Chicago police officers pointed guns at them during the botched raid.
Former Mayor Rahm Emanuel no longer will have to testify about an alleged "code of silence" at the Chicago Police Department, after a federal judge reversed an earlier ruling that would have allowed him to take the stand in a lawsuit over a botched police raid.
John H. Stroger Jr. Hospital of Cook County, the busiest trauma center in Illinois, is sounding an alarm, as doctors brace for an influx of patients because of federal funding cuts under the Trump administration's "One Big Beautiful Bill Act."
Chicago cut Milwaukee's lead to 90-84 late in the third quarter, but couldn't get any closer.
The Chicago Bulls are sending center Nikola Vučević to the Boston Celtics in exchange for guard Anfernee Simons, and the teams will also swap second-round draft picks as part of the deal.
Davis was the first player in the program's history to win the Illinois Gatorade Player of the Year.
The Detroit Pistons have agreed to acquire Kevin Huerter from the Chicago Bulls in a four-player, three-team deal, according to two people with knowledge of the trade.
The Northwestern Wildcats won't play in their new $862 million football stadium until their third home game of the 2026 season, when they'll host their Big Ten home opener at the new Ryan Field on Oct. 2.
The disappearance of "Today" show co-host Savannah Guthrie's mother, Nancy Guthrie, is being investigated as a crime.
A woman was shot to death in an apparent domestic incident in a UI Health parking garage, UIC Police said Tuesday.
A suspect was taken into custody on Tuesday for the deadly shooting of a bar owner, Courtney Drysdale, in Momence, according to the Kane County Sheriff's Office.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
Investigators are combing through the house of "Today" show co-host Savannah Guthrie's mother, Nancy, in search of clues to the 84-year-old's disappearance.
