taxes

Photo Credit Thinkstock

Tax Professional Gail Rosen’s Advise On How To Fully Prepare For Tax Season

Tax professional Gail Rosen, CPA, shares her secrets for making tax season as painless as possible.

03/25/2015

Tax Credits

Best Tax Credits And Deductions Everyone Should Know About

Don’t miss out on some valuable tax credits and deductions. Here are a few of the most commonly missed credits, which could end up saving you a bundle.

03/24/2015

Health Care Tax Credit

How The Affordable Healthcare Act Affects Tax Filing

Learn how the Affordable Healthcare Act, and whether or not you have insurance, will impact the way you do taxes this year.

03/23/2015

Newlyweds Tax Tips, Tax Tips

5 Tax Tips For Filing Your Taxes As A Newlywed

If you recently said “I do” then you have more to consider when it comes to filing your tax return. Here are a few tips to help you get started.

03/17/2015

Tax Day, Tax Tips, College Tax Information

Tax Tips: What All New College Grads Need To Know

Welcome, students, to taxes for recent graduates 101.

03/16/2015

Small Business Tax Tips, Tax Help, Tax Tips, Small Business

Small Business Tax Tips: Are You Filing The Correct Forms?

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.

03/15/2015

A Chicagoan prepares to move from the city to Northwest Indiana. (CBS)

Why Are People Fleeing Illinois? Three Personal Stories

CBS 2’s Dorothy Tucker reports on why the Land of Lincoln isn’t as appealing as it once was.

03/12/2015

Ray Martin, CBS MoneyWatch (Photo Credit: CBS Interactive)

3 Things You Can Still Do To Lower Your 2014 Tax

Here are three things you can still do now — before filing your 2014 return — that can lower your taxes even more.

03/04/2015

CBS MoneyWatch Ray Martin

​Why You Might Need A Tax Pro This Year

As the IRS budget continues to be cut, its services are collapsing.

03/03/2015

Photo Credit CBS MoneyWatch

3 Mistakes To Avoid On Your 2014 Tax Return

If you haven’t already begun, now’s the time to prepare for filing your 2014 tax returns.

03/02/2015

Taxes

Big Changes Make Filing Taxes More Complicated

The IRS is open for business as tax season officially began Tuesday. That means you can begin filing your electronic or paper returns.

01/20/2015

Taxes

H&R Block Offering Free Food Truck Meal For Bringing In Your Taxes

Tax season is starting and WBBM’s Regine Schlesinger reports that on Tuesday the IRS begins accepting electronically-filed returns.
 

01/19/2015

Money

Partial Rollback In State Income Tax May Be Mixed Blessing

CBS 2 Chief Correspondent Jay Levine explains why it is only a mixed blessing because the money has to come from somewhere, and the Rauner administration today is warning of “painful decisions” ahead.

12/31/2014

Mayor Rahm Emanuel discusses the shooting death of 11-year-old Shamiya Adams. (Credit: CBS)

Emanuel’s 2015 Budget Reportedly To Feature Increase In Parking Tax

The budget Mayor Emanuel will present to the City Council tomorrow will hold the line on some key taxes, but reportedly commuters will face another hike in the tax on parking, reports WBBM Political Editor Craig Dellimore.

10/14/2014

Pat Quinn, Bruce Rauner

Quinn, Rauner Trade Accusations On Taxes

Amid the festivities of Chicago’s Columbus Day Parade, the major party candidates for governor were discovering the usual ways to lob accusations at each other, reports WBBM Political Editor Craig Dellimore.

10/13/2014

(Credit: CBS)

BBB Issues Warning Over IRS Phone Scam

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.

10/08/2014

U.S. Senator Dick Durbin (Left) and State Senator Jim Oberweis (Right) (Credit: CBS)

Durbin, Oberweis Clash Over Gun Control, Taxes In Meeting WIth Tribune Editorial Board

Democratic U.S. Senator Dick Durbin and his Republican challenger Jim Oberweis verbally tangled over subjects ranging from gun violence and immigration to ethics in a meeting before the Tribune Editorial Board.

09/29/2014

Tax-Related Identity Theft: The Importance Of Protecting Your Social Security Number

With your social security number, criminals can open accounts in your name, potentially leaving you stuck with fraudulent charges.

09/08/2014

Pat Quinn, Bruce Rauner

Quinn, Rauner Disagree On How To Raise Minimum Wage In Illinois

CBS 2 Chief Correspondent Jay Levine was at a candidates’ forum sponsored by the Metropolitan Planning Council.

08/28/2014

Photo Of Walgreen Sign. (Tim Boyle/Getty Images)

Walgreen Co. Won’t Move HQ Overseas To Reduce Taxes

The nation’s largest drugstore chain said early Wednesday that as previously planned, it will buy the remaining stake in Alliance Boots that it does not already own, but it will not pull off an inversion with the Swiss health and beauty retailer.

08/06/2014

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