Tax bills recently passed in Missouri and neighboring Illinois underscore the contrasting approaches that red and blue states ...

Illinois hit a record share of electric vehicle sales last quarter as federal tax credits ended, but the state remains far ...

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states ...

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 ...

Junior Bonds' additional bonds test (ABT) requires 10.2x coverage of maximum annual debt service on combined senior and junior lien debt outstanding, significantly limiting the potential to ...

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 Center Square) – The Illinois Department of Revenue is confident it willl meet, if not exceed, its goal of bringing in $240 million in delinquent payments over the next two weeks during the 2025 ...

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

The most pressing tax law developments of the past month.

The lack of transparency is not sitting well with state Republicans, who said Gov. J.B. Pritzker needs to be open about the ...

Nearly 2.2 million people in Illinois might see eligible criminal records sealed following passage of the "Clean Slate" Act.