The IRS releases new tax brackets every year, indicating how much tax you owe. Here's a breakdown of the 2025 tax brackets.

Tax Day is when individual federal tax returns and tax payments are due. Illinois residents can begin filing as soon as the ...

Thirteen U.S. states do not tax retirement income in 2026, offering major savings for retirees. Nine states have no income ...

Tax receipts increase $1. 5 billion year-over-year Citing a report by the Illinois Commission on Government Forecasting and Accountability, the National Federation of Independent Business says state ...

A new Illinois Policy Institute analysis estimates local governments have lost $10.9 billion since 2012 due to reduced state ...

Democratic lawmakers have introduced proposals to put a progressive tax amendment on the ballot, citing a growing structural ...

Good morning, Chicago. Late property tax bills weren’t just an inconvenience for homeowners and businesses, they were a drag ...

The state's requested funding increase would be in line with past increases but advocates have pushed for more.

In 1964 the federal debt was $268 billion, 50% of GDP. Debt as a percentage of GDP declined to a low of 31% in 1974. It has been on a steady rise since then to its current unsustainable level of about ...

Discussions between Johnson and aldermen over legalized video gambling mark the first major efforts to amend the budget ...

CVR Partners earns a strong buy on strong fertilizer demand, falling pet coke costs, and 9–11% yield potential. Click here to ...

This Illinois-based regional bank, known for its community focus, reported a notable insider sale. Should investors panic?