Illinois taxpayers may maximize the impact of their charitable giving with the Illinois Gives Tax Credit program, which offers 25% state income tax credits to contributions to qualified endowments of ...

The tax deadline is coming up, and the Illinois Department of Revenue is reminding taxpayers there's only a few days left to file. April 15 is the deadline for filing 2024 state individual income tax ...

Let's face it – paying taxes is a drag. Especially since it's something of a never-ending process, federally required year after year. But did you know that not all states tax retirement income? And ...

The Illinois corporate tax rate applies to certain businesses operating in the state and consists of a flat income tax rate ...

As part of a $55.2 billion state budget package full of tax hikes, Illinois lawmakers passed a new tax on online sports wagering. Under the guise of filling a roughly $1 billion shortfall, the move ...

Sara Tenenbaum is the Senior Digital Producer for CBS News Chicago covering breaking, local and community news in Chicago. She previously worked as a digital producer and senior digital producer for ...

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Illinois lawmakers’ recent attempt to tax unrealized capital gains ultimately came up short. However, at the end of October, the Illinois Legislature sent another tax hike to Governor J.B. Pritzker’s ...

Illinois' gas tax is about to rise starting this week, which will mean drivers will pay more at the pump. The increase comes as a number of tax hikes and new laws begin across the state starting July ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...