The IRS is open for business as tax season officially began Tuesday. That means you can begin filing your electronic or paper returns.
Tax season is starting and WBBM’s Regine Schlesinger reports that on Tuesday the IRS begins accepting electronically-filed returns.
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.
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.
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.
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.
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.
With your social security number, criminals can open accounts in your name, potentially leaving you stuck with fraudulent charges.
CBS 2 Chief Correspondent Jay Levine was at a candidates’ forum sponsored by the Metropolitan Planning Council.
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.
Senator Dick Durbin was on the Southwest Side Monday morning to push for what he calls the Patriot Employer Tax Credit, reports WBMM Political Editor Craig Dellimore.
When it comes to getting a good return on taxes paid to the federal government, Illinois isn’t getting a very good deal, according to government statistics.
The head of the Chicago Teachers Union is touting a tax on stock trades and other transactions to help close a pension gap without cutting benefits for retired teachers.
In a turbulent economy with constantly changing rules it’s no surprise that the bill from Uncle Sam can sneak up on some of us. Here are some tips to make sure you emerge (mostly) unscathed this April 15.
Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.
According to the IRS, 20 to 25 percent of Americans wait until the last two weeks before the deadline to file their taxes. If tax time snuck up on you this year, here are a few tips to help you file.
Get a jump-start on next year’s taxes by setting up a filing system now. You can use a folder system where you label the each folders according to your needs.
Most of us fall into one of three categories; we keep too much of the paper that comes into our homes or there those that try to throw out everything. And of course those that fall in between.
What is your largest asset? It’s your ability to earn a living!
What may trigger an audit from your tax filing?