Wisconsin's Gov. Tony Evers, Republicans reach budget deal
Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature have reached a deal on a new two-year budget.
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Wisconsin Democratic Gov. Tony Evers and Republicans who control the state Legislature have reached a deal on a new two-year budget.
Several new Illinois laws and tax increases take effect on July 1, 2025, including new rules for single-use plastics, a tipped minimum wage increase, and taxes on sports bets, vaping and gas.
A tipped minimum wage increase in Chicago, and higher state taxes on vaping and tobacco products also go into effect July 1. Political Reporter Chris Tye reports.
There are several other big changes kicking in on July 1 — including hikes in the minimum wage for both regular and tipped workers in Chicago. Political Reporter Chris Tye reports.
Right now, it is not exactly clear how the tax will be passed onto the consumer. But vaping products and popular Zyn pouches will now be subject to a 45% tax — up from 15%.
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.
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
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.
Did you file yet? Before you do, Brian Bromberg discusses the types of forms and what to do if you can't complete your taxes by the deadline.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
The Supreme Court appears to be leaning toward a Catholic charitable organization pushing back against the state of Wisconsin in the latest religious rights case to come before the court.
An Illinois representative has introduced legislation to tax road mileage as the state sees less revenue from the gas tax.
Tax Day will be here before you know it. Before you file, here’s a warning about a few tax-related scams.
Even before Chicago Mayor Brandon Johnson proposed a $300 million property tax increase to close a nearly $1 billion city budget deficit, property taxes have been a hot-button issue in neighborhoods like Pilsen. Homeowners there said they're still playing catch-up after paying their bigger tax bills from the last two years. Now, they're bracing for potentially further impact.
Even before Chicago Mayor Brandon Johnson proposed a $300 million property tax increase to close a nearly $1 billion city budget deficit, property taxes have been a hot-button issue in neighborhoods like Pilsen.
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
Mark Steber, chief tax information officer at Jackson Hewitt, discusses how to perform the mid-year check and why it’s easier to make changes now than in December.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
The tax is up just 2 cents compared with Sunday. But it is quite a jump compared with the Illinois gas seven years ago.
