CHICAGO, July 24- A law aimed at shoring up two of Chicago's financially shaky public worker retirement systems violates pension protections in the Illinois constitution, a judge ruled on Friday. Pension payments are devouring bigger chunks of budgets for Illinois and Chicago and both face crippling spending cuts or big tax increases if those payments are...» Read More
It's depressing, "said fraud expert Avivah Litan, vice president and analyst for Gartner Research. The Federal Bureau of Investigation is investigating how fraudulent returns were filed in 19 states through TurboTax software, the Wall Street Journal reported on Wednesday. Social Security numbers, answers to security challenge questions and other private...
NEW YORK, Feb 10- Canadians who normally head south of their border for warmer weather are keeping closer track of their time in the United States because if they stay too long, they could lose their Canadian health benefits and might owe U.S. income tax. Just last year, the two countries implemented an agreement to scan passports and share the information, meaning...
Jason Furman, Council of Economic Advisers, provides a preview of President Obama's State of the Union address on Tuesday night where he is expected to talk about tax reform.
Dave Prokupek, Jackson Hewitt, explains what taxpayers need to know to start filing their 2014 taxes and whether to expect delays. Also Prokupek discusses the benefits of filing early.
Various factors, including a lack of coverage or whether or not a plan is subsidized, can affect an individual's refund total.
Some of those losers in your portfolio can save you money at tax time. Here's how to make them work for you.
Peter Boardman, Managing Director of Tradewinds, explains what a second tax hike means for Japan's retail sector and outlines what the government could do to help firms.
Robin Williams made provisions for his kids and tried to protect them from estate taxes, but experts say he could have done better by them.
Having a family talk about parents' goals for old age is never easy, but experts say it needs to happen more often. Here's how.
CNBC contributor Herb Weisbaum explains how consumers can combat an alarming trend in the underworld of tax fraud -- crooks pretending to be IRS or U.S. Treasury agents calling about a problem with your tax return. It's a scam that continues long after tax season officially ends.
Some $59 trillion will be passed down by 2061, and for charities, the potential is huge. Here's how they can tap the flow.
Philip Seymour Hoffman's will was 10 years old, and experts say that was just one of the problems.
When most people think taxes, usually the first word that comes to mind isn't 'logical.' It appears that is true outside of the United States as well.
A US appeals court struck down the IRS's authority to regulate tax-return preparers, dealing a blow to the Obama administration.
Tax season is here after a great year for the stock market, making this a good time to tally up the deductions you can use. Try these.
It's tax season, and once again IRS auditors are eyeing errors and omissions from returns. Here's what could trigger a second look from the feds.
Identity theft is already a serious problem—the No. 1 complaint to the FTC—and tax-related identity theft is a growing part of this crime spree.
This is your last chance to take advantage of dozens of tax credits and deductions that are going away.
It's the season of giving, and the season of charity scams. Watch out for these crowdfunding and online tricks.
CNBC's Sharon Epperson talks about year-end tax strategies.