If you owe back taxes in Illinois, you could get help from a tax amnesty program. Between October 1 and mid-November, the ...

"Whether or not you receive a Form 1099-K," the IRS states online, "you must still report any income on your tax return. This includes payments for any goods you sell (including personal items such as ...

Income Tax return: Filing ITR is essential for financial management.The Income Tax Department offers an online utility to file returns. Ensure correct ITR form selection, verify personal ...

Residential solar is particularly hard hit, but the president’s far-reaching budget bill, signed July 4, has dealt a mighty blow to Illinois’ clean energy overall, ending a tax credit of up to ...

House Republicans propelled President Donald Trump's big trillion-dollar tax breaks and spending cuts bill to final passage Thursday in Congress.

On July 1st, 2025, several new laws and tax changes are set to go into effect in Illinois.

Illinois Democrats pass budget in final minutes with sports betting tax hike Democratic members of the General Assembly had only seven minutes to spare before a key constitutional deadline to pass ...

At a time when Illinois families are struggling with inflation, high grocery bills and rising utility costs, Democrats in Springfield are pushing a $6 billion tax hike to support Gov. J.B. Pritzker’s ...

The motor fuel tax has increased in recent years, and it will again in July. Here's what you need to know.

SPRINGFIELD, Ill - As Democrats push to lower Illinois' Estate Tax Exemption, Republicans are raising concerns worrying the move could negatively impact farmers and small business owners.

Each summer, Illinois’ gas tax is adjusted by the state’s government, and the date for that change is rapidly approaching.