A new “mega projects” bill aims to offer tax advantages to the Chicago Bears and major developers as state leaders respond to the team’s potential move to Indiana.

J.B. Pritzker visited a major film studio Thursday in Chicago to discuss the growth of Illinois’ film industry, joined by ...

Some states give multiple tax breaks to retirees. Nine states have no income tax, including Washington, which only taxes high earners' capital gains.

Chicago has implemented a new 10.25% tax on sports betting revenue, creating one of the highest tax structures in the country. State lawmakers have introduced bills to negate Chicago's tax and prevent ...

It's good to limit estate taxes as part of your estate planning strategy. Benjamin Franklin famously wrote that nothing is ...

Candidates for governor, U.S. Senate, U.S. House, and Cook County Board President were among the races on the ballot in the ...

The Internal Revenue Service released its 2026 Dirty Dozen list of tax scams, warning taxpayers about schemes that threaten ...

Chicago saw a sizable inflow of tax receipts to its coffers in the first month with a 10.25% tax on city-based sports betting revenue ...

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what doesn't qualify.

Sports betting has generated hundreds of millions of dollars in revenue for Ohio since its legalization in 2023. Economists are divided on the net economic benefit, citing social costs like gambling ...

The IRS hasn't gone away — so don’t destroy tax documents until the time limit for an audit runs out, or maybe even longer.

Madison County voters approve ambulance taxes as Edwardsville gambling proposal fails ...