Several Illinois programs offer free income tax preparation for low-to-moderate income families and older adults who may need ...

Illinois lawmakers have differing budget ideas as the state faces a projected $3.2 billion deficit. Republicans say ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. A bill’s been proposed in Springfield that ...

The 2024 law is similar to a law Pritzker signed in 2019 creating a property tax relief task force. The report that resulted ...

The fiscal watchdog group lays out a financial road map as Illinois faces its own budget gap and uncertainty about federal ...

Older adults and low-to-moderate income families may qualify for assistance with filing their 2024 income taxes from several ...

Unfortunately, 41 states and Washington, D.C. not taxing Social Security means there are nine states that do: There's no way to predict if and for how long these states will continue to tax Social ...

Illinois’ five state-run retirement systems need $16.8 billion in funding for the coming fiscal year, but state lawmakers ...

Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...