The funding request comes as the state of Illinois is facing a $2.2 billion deficit and possible federal funding cuts.

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

Late property tax bills weren’t just an inconvenience for homeowners and businesses, they were a drag on taxing districts around Cook County, to the collective tune of almost $122 million for school ...

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

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

A new law amends the senior citizen real estate tax deferral act to increase the income eligibilities from $65,000 to $75,000 ...

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

As part of some changes, the IRS will no longer be issuing tax refunds by paper check to most individual taxpayers who file 2025 tax returns.

Tax receipts increase $1. 5 billion year-over-year Citing a report by the Illinois Commission on Government Forecasting and ...