IRS says number of audits about to surge. Here's who it is targeting.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
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.
A minority of voters have decided on multiple property tax-related referendums in recent elections, according to a study by Cook County Treasurer Maria Pappas.
It includes tax breaks for families, higher taxes on the wealthy and corporations, and lower deficits. Under the plan, parents would get an increase in the child tax credit and access to affordable child care.
Cook County Circuit Court Judge Kathleen Burke ruled the controversial Bring Chicago Home ballot referendum is invalid.
There's a saying that there are two sure things in life: death and taxes. Taxes were even more painful for a suburban woman whose fight over her 2020 return wages on.
There's a saying that there are two sure things in life: death and taxes. Taxes were even more painful for a suburban woman whose fight over her 2020 return wages on. She's an accountant and hired a tax professional, but she still got stuck in a messy battle.
They said con-artist will try to "take your money, but your personal identity information, and peace of mind."
She's accused of failing to pay 14.5 million Euros in Spanish income tax from 2012 to 2014. That amount translates to more than $15 million.
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.
The increases come after a suspension of taxes to help residents deal with rising inflation.
Two common expenses for people living in Illinois are going to cost consumers more starting July 1, this Saturday.
The report was created by the Action Center on Race and the Economy - along with the People's Unity Platform.
Chicago taxpayers can swing by their office from 9 a.m. to 4 p.m. to talk to experts about any problems or concerns.
People were hurrying to drop off their paperwork at the Cardiss Collins main post office in the South Loop.
You had to move fast to keep up with last-minute tax filers rushing their returns to beat the midnight deadline.
Chicago mayoral finalists Paul Vallas and Brandon Johnson each have big ideas on how to make the city better and safer – but that means money. CBS 2 Political Investigator Dana Kozlov reports.
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
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.
If you haven't been counting, you have two months until your federal income taxes are due.
If you haven't been counting, you have two months until your federal income taxes are due.
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.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
The retired pastor's old minivan became her new ride, no strings attached, but then she received a tax notice in the mail.
Breaking News, First Alert Weather, Exclusive Investigations & Community Journalism
This was also the first meeting since the FBI served two subpoenas to the village—in a probe many believe centers around the embattled Mayor Tiffany Henyard and her lack of transparency.
Christopher Morel and Yan Gomes homered for the Cubs. Mike Tauchman had two hits and scored a run.
Preston's family led a balloon release – and helped dedicate a garden planted in Preston's honor outside the police station.
Jonny DeLuca continued his hot stretch with a homer and four RBIs, and the Tampa Bay Rays beat Mike Clevinger and the Chicago White Sox 8-2 on Monday night for their fourth consecutive win.
This was also the first meeting since the FBI served two subpoenas to the village—in a probe many believe centers around the embattled Mayor Tiffany Henyard and her lack of transparency.
Prosecutors are continuing to call witnesses in former President Donald Trump's criminal trial in New York, where jurors heard from a former Trump Organization executive.
The settlement covers 12 current and former Water Department workers who claimed they were subjected to a "hostile and abusive work environment."
Israeli Prime Minister Benjamin Netanyahu's office says the proposal is "far from meeting Israel's core demands."
Judge Juan Merchan said former President Donald Trump violated his gag order on April 22 when he commented on the political makeup of the jury.
Employees at dozens of now-closed Foxtrot Market and Dom's Kitchen stores, now jobless, wonder what comes next for them as their paychecks will soon end.
The family didn't get their cut of the estate sale, not hearing back from the salesman until CBS 2 got involved.
The Better Business Bureau warns that anyone buying an event ticket should watch out for fake ticket scams.
Financial records show Paul Croft and J.D. Frost raised about $30 million for a hydrogen plant that was supposed to be, at one point, in Indiana. It never existed, an attorney says.
Anyone with these sausages in their refrigerators should throw them away or return them to the store.
First known HIV cases from a nonsterile injection for cosmetic reasons highlights the risk of unlicensed providers.
The city's measles dashboard said a total of 63 measles cases have been confirmed in Chicago this year, with one new case this week.
The department said anyone who visited the Sam's Club at 9400 S. Western Ave. in Evergreen Park one day last week may have been exposed to someone with measles.
Health officials are warning consumers not to consume Infinite Herbs basil sold at some Trader Joe's and Dierberg's stores after 12 people were sickened.
Officials said there was no known link between this case and the recent outbreak of measles at a migrant shelter in Chicago.
The Illinois Worker Adjustment and Retraining Notification (WARN) Act requires employers to notify workers of mass layoffs 60 days in advance.
Mayor Brandon Johnson denied that the Bears' shiny new dome could end up costing taxpayers a pretty penny.
Employees at dozens of now-closed Foxtrot Market and Dom's Kitchen stores, now jobless, wonder what comes next for them as their paychecks will soon end.
The company announced Tuesday that it received a stalking horse bid to purchase its operating assets.
Dozens of typewriters clutter the shelves of the 24-year-old business owner's workshop inside his parents' home in Downers Grove.
The stars came out for the the 2024 Met Gala in New York City. See some of the most eye-catching outfits of the night.
'Bob Hearts Abishola', the acclaimed comedy, is signing off after its fifth season on CBS.
Bernard Hill died Sunday at 79. The actor was known for his roles in "Lord of the Rings" and "Titanic."
"Sunday Morning" has an exclusive behind-the-scenes look at the creation of the country singer's first post-stroke song, "Where That Came From," which blends art with artificial intelligence in a recording that captures Travis' country heart.
"Happy 9th Birthday, Princess Charlotte!" the Prince and Princess of Wales said in a social media post with a new photo of their daughter taken by Kate.
CBS 2 Chief Meteorologist Albert Ramon has your 10 p.m. First Alert Weather forecast for Monday, May 6, 2024.
With the periodical cicadas coming, officials advise keeping pets on a leash so they aren’t startled by the insects’ noise. Also, Illinois ranks second nationwide for people interest in eating cicadas.
A total of 95 people have alleged sexual abuse at the facilities in a lawsuit filed against the State of Illinois. CBS 2's Charlie De Mar reports.
At the U of C, students and faculty said there are rumors swirling of tent removals – none of which have played out in reality so far. CBS 2's Marybel Gonzalez reports.
Preston's family, friends and colleagues gathered Monday night to honor her memory with a balloon release outside the Calumet (5th) District police station.
The Irish Nobleman Pub has had four people quit since Saturday, saying they don't feel safe working there anymore.
This was also the first meeting since the FBI served two subpoenas to the village—in a probe many believe centers around the embattled Mayor Tiffany Henyard and her lack of transparency.
"I want the world to know what was going on while I was in that system. Since it happened to me, I don't want it to happen to the next adolescent."
Some 400 million birds are on the move, and Illinois is in the area of high-intensity migration both nights.
Christopher Morel and Yan Gomes homered for the Cubs. Mike Tauchman had two hits and scored a run.
Expert panel discussion centers the focus on the disparity that 1 in 3 victims of crime in Chicago is a Black woman
Police arrived at the scene sooner than if they had waited for the first 911 call.
Anthony Robinson's attorney said his previous defense lawyer failed to present evidence that showed it was physically impossible for him to be the shooter.
The village board is working on a resolution to hire Lightfoot, a former federal prosecutor before her lone term as Chicago's mayor, to investigate claims Henyard has been misusing public funds.
DCFS Director Heidi Mueller was asked Thursday why some kids in the system are being held in psychiatric hospitals longer than medically necessary.
Christopher Morel and Yan Gomes homered for the Cubs. Mike Tauchman had two hits and scored a run.
Jonny DeLuca continued his hot stretch with a homer and four RBIs, and the Tampa Bay Rays beat Mike Clevinger and the Chicago White Sox 8-2 on Monday night for their fourth consecutive win.
The Sky drafted Cardoso third overall in last month's WNBA Draft.
Right-hander Mike Clevinger was recalled by the Chicago White Sox from Triple-A Charlotte to start Monday night's game at the Tampa Bay Rays.
The Sky will begin the 2024 regular season on May 15 at 7 p.m. on the road against the Dallas Wings.
Peter Sova, 36, of McHenry, was arrested without incident Monday morning near the very bank he is accused of robbing.
Chicago police said 27 people were taken into custody after the violence forced a reroute of the parade.
The Irish Nobleman Pub has had four people quit since Saturday, saying they don't feel safe working there anymore.
The boy was shot at the outdoor patio of El G-FE Seafood & Steaks, according to police and the restaurant's manager.
Derek Swift, 48, is charged with one count each of aggravated kidnapping, kidnapping, criminal sexual assault, and aggravated criminal sexual abuse.