Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

With two of the state’s three major revenue sources limping along, Illinois is finding itself on a financial precipice as it faces the new budget year beginning July 1.

This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...

As tax season approaches, Illinois residents are encouraged to explore potential tax credits that could reduce their tax ...

Tax season is fast approaching, and you might be leaving money on the table. An Illinois tax professional said new tax code ...

President Trump's plan to implement tariffs on key United States trading partners could affect more than $100 billion worth ...