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

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

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.

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

Cook County Treasurer Maria Pappas writes about property tax exemptions benefiting veterans, with details and information on how to apply.

🗞️ Plus: The 43-day federal government shutdown has ended, but many Illinoisans face spiking Obamacare costs — and a ...

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

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

If you have outstanding state tax debt in Illinois, you have until Nov. 17 to take advantage of an amnesty program allowing people and businesses to avoid the penalties they've racked up. The amnesty ...

Illinois lawmakers approved a bill last week to “decouple” some state taxes on businesses from the federal government. Business groups objected to the changes and argued they will hurt Illinois’ ...

(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 ...