White House battle with Harvard University escalates
Sources say the IRS plans to rescind Harvard's tax-exempt status, something that would be unprecedented for a large American research university.
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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
Friday is the last day to file your 2020 tax return. The IRS estimates that more than $1 billion in refunds are on the line. Mark Steber, chief tax information officer with Jackson Hewitt, says you better act fast.
An IRS audit uncovered by the New York Times and ProPublica found Trump effectively wrote off losses twice--in 2008 and then again in 2010.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
CBS 2's Lauren Victory unraveled what went wrong.
Ciera Stipe waited years on her refund from taxes filed before the COVID-19 pandemic even started. CBS 2's Lauren Victory unraveled what went wrong for so long.
The IRS is testing the free direct-file system for the 2024 tax season, with some people in 13 states invited to try it out.
Chicago taxpayers can swing by their office from 9 a.m. to 4 p.m. to talk to experts about any problems or concerns.
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.
Police said the victims were standing outside the gas station in the 600 block of South Homan Avenue shortly after 9 p.m., when an SUV pulled up and someone inside started shooting.
The good Samaritans, a father and son, took their jet skis out on Lake Michigan for the first time this spring, when an inflatable far offshore along Porter Beach caught their eye.
Residents in the Old Irving Park neighborhood said a dead tree has crushed countless cars, nearly fallen on people, and is a danger to the community, but the city hasn't given them much help.
A fast-moving dust storm swept across the Chicago area Friday evening, creating an eerie sight as a thick haze quickly blanketed the region.
Police said the shooting happened around 7:30 p.m. as three teens were near the sidewalk in the 9000 block of South Exchange Avenue.
The Supreme Court on Friday said it will continue to block the Trump administration from deporting Venezuelan men detained in northern Texas.
Illinois Gov. JB Pritzker even singled out Mike Baker of Schaumburg for his efforts.
The FBI accused Hannah Dugan of allegedly helping a man evade immigration authorities during a federal law enforcement operation at her courthouse.
Currently, Mayor Johnson has strong crime numbers to boast about — a 24% drop in homicides since taking office. But his poll numbers are currently terrible.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
Sara Hovey and her husband were paying for a mortgage, rent and a litigation attorney, who apparently told her she should have been protected.
Thomas McPeek placed stacks and stacks of bets last year — complicated wagers on football called parlays, where several events all have to happen for the gambler to win.
Back in February, Heather Radin had planned to give only $10 to someone she thought was really in need. She is out $5,000.
The iconic Chicago chain known for its hot dogs and Italian beef sandwiches launched its brand new breakfast offerings in five restaurants Tuesday morning.
The application website is expected to open this summer.
Illinois Gov. JB Pritzker even singled out Mike Baker of Schaumburg for his efforts.
Salud was the only group in Chicago to receive grant money, and the group held an event full of art, music, and conversations about mental health Thursday night.
Northwestern has unveiled a new biomedical device to help new parents track breastfeeding and ensure their baby is getting enough to eat.
Ticks can be dangerous, and there are reports that this is shaping up to be an especially bad year for the parasitic arachnids.
Cornelia Tischmacher's lungs were failing because of advanced cancer. Everything changed with a double lung transplant.
The restaurant was recommended to Jay-Z by word of mouth. He specifically asked for short ribs and pound cake.
The new Foxtrot location will open Thursday at 935 W. Webster Ave. — at the southwest corner of the intersection with Bissell Street.
In their college entrepreneurship class, seniors Lexi Kuzak and Neve Pomis and junior Molly Beyna invented a product that solves a common problem.
No Illinois industry does more business with China than the agricultural sector.
Wade-Smith said keeping kids engaged is what keeps them safe.
The restaurant was recommended to Jay-Z by word of mouth. He specifically asked for short ribs and pound cake.
The show was supposed to start at 7 p.m.
The recent surprise visit from the Chicago Sinfonietta was inspired by the recent naming of the Shedd's new beluga calf, Opus.
The growth and evolution of downtown Aurora is in large part anchored by performing arts entertainment venues, the City of Aurora noted.
Jury selection in Sean "Diddy" Combs' sex trafficking and racketeering trial started Monday in New York City.
Meteorologist Mary Kay Kleist has the latest First Alert Weather forecast.
Parents know that taking care of children doesn't come with instruction books. Though that is true, a non-profit on the city's West Side offers parents the next best thing, their own university.
Four people were wounded in a shooting at a gas station Friday night in the East Garfield Park neighborhood.
Two jet skiers are being celebrated for rescuing a 6-year-old boy after strong winds pushed his inflatable raft hundreds of yards offshore in northwest Indiana on Friday.
A family in the Old Irving Park neighborhood said a dead tree has crushed countless cars, nearly fallen on people, and is a danger to the community, and it happened again during Thursday night's storms.
A fast-moving dust storm swept across the Chicago area Friday evening, creating an eerie sight as a thick haze quickly blanketed the region.
Five people were reported dead Friday after severe storms, including a possible tornado, swept through the St. Louis area.
The good Samaritans, a father and son, took their jet skis out on Lake Michigan for the first time this spring, when an inflatable far offshore along Porter Beach caught their eye.
Police said the victims were standing outside the gas station in the 600 block of South Homan Avenue shortly after 9 p.m., when an SUV pulled up and someone inside started shooting.
Residents in the Old Irving Park neighborhood said a dead tree has crushed countless cars, nearly fallen on people, and is a danger to the community, but the city hasn't given them much help.
A new playground in Chicago's West Pullman neighborhood can capture more than 300,000 gallons of water — which won't flood homes or streets in the community.
The retailer claims he is a victim of SNAP fraud after a rash of bad reviews from theft victims.
The task force addressed its progress for the first time this week, nearly a year after the formation of the unit was first announced.
The lawsuit accuses Chicago Police of using excessive force on children.
The botched raid on the innocent Mendez family in November 2017 sparked CBS News Chicago's yearslong investigation into Chicago Police officers raiding the wrong homes.
The Cubs earned their sixth consecutive win against the White Sox, matching a franchise record for the series.
The Bears have been talking about a move from their home of more than 50 years at Soldier Field since 2021.
The Chicago Cubs and the Chicago White Sox will face off Friday afternoon at Wrigley Field in the first game of the Crosstown Classic this weekend.
A lot of that dirty laundry is being dredged up in the soon-to-be-released tell-all book by author Seth Wickersham of ESPN.
Maddy Taylor set the NCAA single-season record Thursday at 105, and counting.
Police said the victims were standing outside the gas station in the 600 block of South Homan Avenue shortly after 9 p.m., when an SUV pulled up and someone inside started shooting.
Police said the shooting happened around 7:30 p.m. as three teens were near the sidewalk in the 9000 block of South Exchange Avenue.
Police and an ambulance were seen at the corner of Waveland and Sheffield avenues right outside Murphy's Bleachers.
A 25-year-old man and two 26-year-old men got into a quarrel with someone along Crilly Drive in the park, and that person took out a gun and shot them all, police said.
The woman was shot in the head and torso and was taken to Mount Sinai Hospital, where she was pronounced dead, police said.
