When you file your 2014 taxes in January 2015, you may notice some changes on your 2014 taxes. To break down those changes, here are five things you need to know about the relationship between your taxes and health care.
The Johnson administration was looking for a pretext to escalate the war. "We don't know what happened," National Security Adviser Walter W. Rostow told the president after Congress passed the resolution, "but it had the desired result."
Unlike his opponent Democratic Gov. Pat Quinn, Republican gubernatorial candidate Bruce Rauner said he favors allowing the Illinois income tax to fall...
or, Who Really Pays for ObamaCare? By now you are probably sick and tired of hearing about Obamacare. I mean really, the law is already enacted, i...
When word gets out that Congress is defunding the IRS, reducing the already minimal chances of an audit, it is a safe bet that tax evasion will accelerate.
Identity theft is everywhere and takes many forms and new scams are appearing every day.
We need to start demanding a little more patriotism from these corporations. If they want to keep benefiting from everything our great country has to offer, they need to start showing a little more loyalty to the people who live and work in America.
All in the Family, a sitcom that dealt with contemporary cultural issues like no other show had dared, focused on everyday concerns and their effect on an average middle-class family. In 2014, not much has changed.
With more than 8,400 government taxing bodies, Illinois tops the nation. The city of Chicago on its own has almost 2,000 units of government. There is a government entity for nearly every part of civic life.
This week the U.S. Senate Committee on Finance held a hearing entitled "The U.S. Tax Code: Love It, Leave It, or Reform It!" where the focus was on th...
Two separate federal appellate courts issued contradicting decisions this week that could potentially impact how millions of people pay for health insurance.
Illinois State Rep. David McSweeney (R-Barrington Hills) says he thinks property taxes should freeze all across Illinois in an op-ed in the Chicago Tr...
The sheer number of retirement accounts can make anyone's head spin. Once you've opened a specific type of account -- for instance a traditional 401(k) -- it's tempting to just figure you're set. But with more and more employers now offering a Roth 401(k) as well, it's smart to take a step back and consider the potential benefits of each.
Prof. Thomas Piketty's book, Capital for the Twenty-First Century, certainly has stirred up plenty of debate and political posturing. It is unfortunate, however, that no one has considered the demographic backdrop behind the economic trends.
If Rahm can't save Chicago, then he can forget about running the country.
You may qualify for a tax credit to help offset the cost of health insurance. That credit is generally paid directly to your health insurance company. You, then, only pay the part of the premium that the credit doesn't cover. But, getting that credit requires you to file a tax return to reconcile your payments and actual credit due. Sound confusing?