A medical doctor and resident of Lake Forest has pleaded guilty in federal court to evading $1.6 million in taxes by hiding ...

For low-income workers and families, the Earned Income Tax Credit (EITC) offers a valuable opportunity to enhance financial ...

The move toward information-sharing comes as President Donald Trump pushes his administration to use every resource to conduct what he hopes will be the largest mass deportation of immigrants in U.S.

The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after ...

IRS tax refunds are rolling in, and this year, the average refund is $3,324—that’s 5.7% more than last year. It might feel ...

That means your CD interest is taxed at your ordinary federal income tax rate based on your tax bracket. Tax rates for the ...

I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to ...

This might be the first year that you'll be able to use Direct File as it rolls out in a bunch more states, and you'll find a ...

This tax season, my household is claiming the mortgage tax deduction. Last year, we paid a lot in mortgage interest -- more ...

It’s less than a month before the April 15 deadline to file income-tax returns and pay any taxes you owe. The standard move ...

The Internal Revenue Service requires anyone who needs an extension beyond the April 15 deadline to file an extension by that ...