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How to prepare your budget for rising prices & new tariffs.
With new tariffs rolling out and prices already on the rise, budgeting expert Andrea Woroch shares timely, practical strategies with California Live’s Jessica Vilchis. Stay one step ahead of policy and keep your finances on track with smart spending swaps and credit card hacks.
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Builders face unknowns as tariffs threaten home improvement costs
What cost impact the Trump administration’s tariffs will have on items, such as lumber and flowers, remains unclear to experts in the field of home improvement and landscaping.
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Trump admin plans to end the IRS' free tax filing program, AP sources say
The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free.
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IRS sharing data with ICE may lead to huge loss in tax revenue, says expert
Immigration law expert Elizabeth Ricci says that undocumented immigrants who pay taxes may stop filing for fear of being deported.
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Watch: About a third of taxpayers wait till last minute
Time is running out to file income tax returns, and for those who haven’t answered to Uncle Sam yet, they’re not alone.
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IRS pact with ICE to share immigrants' info could cut billions in tax revenue
Like millions of American citizens and immigrants, Ivan filed his taxes last year. But Ivan, 54, a Massachusetts resident who hails from Colombia, is worried a recent agreement between the IRS and Immigration and Customs Enforcement means he is in danger of being deported for doing what he believed was the right thing. And if taxpayers like Ivan decide not to file...
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How to file for an extension on your income tax
Tuesday is Tax Day, the deadline to file federal and state income tax returns. For those who aren’t ready, there’s a way to file for an extension.
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How to file for an extension on your income tax
Tuesday is Tax Day, the deadline to file federal and state income tax returns. Here’s how to file for an extension. Chris Chmura reports.
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Where to find ‘Tax Day' freebies and discounts
Who has free stuff on ‘Tax Day?’ Here’s a list of freebies on April 15.
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Can't pay your taxes by April 15? You have options, IRS says
You have options if you can’t pay your taxes by April 15, according to the IRS. Here’s what taxpayers need to know.
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How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE’s spending cuts, and the layoffs could affect essential agency functions during tax season.
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Expert answers your most pressing tax questions
Tax expert Karla Dennis joins California Live’s Jessica Vilchis to share essential tips, common mistakes to avoid, and ways to make filing easier. The 25-year veteran answers viewers’ burning questions to help tackle tax season like the pros!
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Trump gives GOP senators his support as they charge ahead on tax package and spending cuts
Republican senators unveiled a budget proposal Wednesday that’s central to President Donald Trump’s domestic agenda of tax breaks, spending cuts and border security, but they’re delaying some of the most difficult decisions, including how to pay for the multitrillion-dollar package. Trump hosted Senate Republicans at the White House as they charge ahead to pass the framework by week’s end....
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Watch: Confusion over how IRS layoffs affect tax season
As the April 15 tax deadline approaches, there’s been some confusion over the impacts of recent IRS layoffs. A CPA at Intuit Turbo Tax tells us that the essential employees who process returns were not affected.
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You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify
You might be entitled to $1,400 in stimulus check money, but you’ll have to file a 2021 tax return to claim it.
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Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.
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Average IRS tax refunds drops 32% from 2024
The tax return metrics did not account for those who receives the earned income tax or additional child tax credit
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You can claim up to $2,000 per kid in child tax credit, but that may drop soon
If Congress doesn’t address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.
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Taxpayers leave thousands on the table each year; how to maximize your filing.
California Live’s Jessica Vilchis sits down with enrolled tax agent, Karla Dennis, to learn about crucial credits and deductions that can save Californians thousands of dollars on their annual tax filings. From a new childcare credit to the must-know basics of medical expenses, these tricks will make tax season a breeze.