The Illinois K-12 Education Expense Credit allows parents or legal guardians of full-time students to claim a 25% tax credit ...

City Hall will soon have a far-reaching decision on its hands: How to dispose of a huge, growing pot of taxpayer money collecting in a North Side special taxing district that ...

Illinois Gov. J.B. Pritzker signs the state budget and criticizes the Trump administration for unstable federal funds and ...

In a 12-month period, Illinois moved from charging a 15% flat tax on sports betting operators to implementing a sliding tax ...

CHICAGO As students across Illinois return to the classroom, Governor Pritzker and the Illinois Department of Revenue (IDOR) ...

A ruling upholding Cook County’s tobacco tax could “easily be the spark that starts a wildfire” of Illinois municipalities ...

Are pension plan payments taxed in Illinois? What about Social Security? Find out which forms of retirement income are taxed ...

Taxpayers could benefit from federal tax cuts across every state thanks to Trump's "Big Beautiful Bill." See how much ...

The Arlington Heights Village Board on Monday night approved a new 5% streaming tax. The tax is the same rate the village ...

Sports betting is legal in 38 states and Washington, D.C., but the exact amount of tax revenue varies significantly.

An outdated tax rule exposes millions of homeowners to a hidden home equity tax. Now, three proposals are competing to ...

Jill Jaworski, Mayor Brandon Johnson's chief financial officer, said the state's tax inequities can only be solved by switching from a flat state income tax to a graduated tax, and by extending the ...