A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, ...

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...

Free tax assistance for qualifying individuals begins on Tuesday through the University of Illinois’ Volunteer Income Tax Assistance (VITA) program. Those who make less than $69,000 a year, the ...

A partial government shutdown looms as the Senate remains divided over spending bills. But how would a shutdown affect ...

Through the VITA program, trained and IRS-certified volunteers assist with preparing and filing federal and state income tax ...

The scholarship program is funded entirely through a federal tax credit. The cost is carried by Washington, not Springfield.

Democrats control all levers of government in Illinois. We have been grappling with the same problems for decades with no ...

The Illinois Revenue Alliance said families are suffering while billionaires and giant corporations avoid paying their fair share.

A federal tax credit is expected to boost school donations. Public school foundations can obtain the funds to help Illinois students.

The governor wants to use “unexpected surplus revenues” to pay down pension debt. Democratic legislators likely will want to ...

Gov. JB Pritzker says Illinois’ tax hit from federal law changes is smaller than feared — but looming cuts to SNAP, Medicaid and aid could cost billions.

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...