Husband, Wife Sentenced To Federal Prison For Trying To Bilk IRS Of $1.3 MillionA husband and wife have been sentenced to federal prison for stealing the identities of at least 10 people and using the information to fraudently seek more than $1.3 million in tax refunds.
I Owe How Much? Americans Shocked By Impact Of New Tax LawThe nonpartisan Tax Policy Center projected the tax law would reduce individual income taxes by about $1,260 on average, although it benefits higher earners more.
IRS 'Direct Pay' Option Not Working On Tax DayRight now the Direct Pay section of the Internal Revenue Service's web site is not working.
This Is What Illinois Taxpayers Are Most Worried About This Tax SeasonFind out what people in your area are excited about and scared about this tax season.
Tax Audits: How To Avoid Common MistakesWell, it's tax time -- the time of year many are hoping for a refund instead of an audit.
3 Useful Tax Tools Available On IRS' Video PortalNavigating the necessary IRS steps in order to be successful in filing taxes as a small business owner can be tricky.
The Virtual Workshop For Small Business TaxesThe IRS offers excellent resources so small business owners can go straight to the tax source for tax information of any kind.
Feds Announce Charges In IRS Phone ScamAuthorities say victims in the U.S. have lost a combined $300 million in this type of scam. CBS 2's Pam Zekman reports.
Parthenon Facing About $475,000 In Federal, State Tax ClaimsLess than a month before the Parthenon abruptly ended its 48-year run in Chicago’s Greektown, the Internal Revenue Service alleged the restaurant owed nearly $230,000 in federal taxes, according to public records.
How To Find The Right Tax Professional For All Your Tax NeedsWhen it comes time to choose a tax professional, there are many things that a tax payer needs to understand. Here are some basic questions to ask and details to learn before hiring someone to take care of your income tax preparation needs.
What Are The "Dirty Dozen" Tax Scams & How Can You Avoid Them?Here are the latest 12 common tax scams that the IRS is warning you about this year.
Extra Days To File: Tax Day 2016 Is Not April 15thTax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
IRS Scam Targeting Orland Park Residents: PoliceSomeone claiming to be from the IRS, in many cases with a foreign accent, calls the victim and tells them they need to send money for a “delinquent tax bill” using pre-paid GreenDot debit cards, MoneyGram or other forms of payment, according to a statement from Orland Park police.
New IRS Strategy May Make It Harder To Distinguish Tax Collectors From Scammers Today you can start filing your taxes and that means scammers are firing up their phones.
2 Investigators: Identity Thieves Stealing Billions With Fraudulent Tax ReturnsThe CBS 2 Investigators found efforts are being made, but much more needs to be done.