Despite the drop in the number of bets, the amount of money wagered on sports in September increased 9% from the previous year to a new record high handle of $1.4 billion.

Effective January 1, 2025, Illinois’ Public Act 103-592 changed how the state taxes operating leases. Prior to this change, Illinois did not ...

Illinois voters soundly rejected a progressive state income tax because it was a path to tax retirees. That isn’t stopping ...

Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.

Great news! 41 states + D.C. won't tax your Social Security. Check the full list & remember federal, sales, and property ...

The City Council’s Finance Committee has already blown a $100 million hole in Mayor Brandon Johnson’s proposed budget by ...

Earlier this year, a new law went into effect allowing the state of Illinois to issue digital driver’s licenses and identification cards for the first time. The law would allow users to add their ...

The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.

Property taxes and how they are determined are not well understood and, to our minds, the media has not been helping much, ...

The most pressing tax law developments of the past month.

When you live in America, one thing you've likely come to accept is the tax system. There are taxes on your income, products and services you buy, property you own, inheritance you receive, and ...

Illinois raised the senior freeze cap to $75K and bumped exemptions — here’s how Chicago seniors can check and claim those ...