Illinois tipped workers hoping for a break under the new federal tax law are in for a surprise: the state will continue taxing tips.

Illinois is not adopting the new federal “no tax on tips” provision, meaning tipped workers in the state will still owe Illinois income tax on tips, even when those tips are exempt at the federal ...

Illinois lawmakers are sending a bill to Gov. JB Pritzker that makes a pair of changes to Illinois’ tax code in response to new federal tax provisions that could reduce state revenue. The Governor’s ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

The tax deadline is coming up, and the Illinois Department of Revenue is reminding taxpayers there's only a few days left to file. April 15 is the deadline for filing 2024 state individual income tax ...

(The Center Square) – Manufacturers say legislators at the Illinois State Capitol have done enough damage, and a progressive tax would be too much. Last week, former Illinois Gov. Pat Quinn proposed a ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

Let's face it – paying taxes is a drag. Especially since it's something of a never-ending process, federally required year after year. Though you can technically avoid paying state taxes on retirement ...

When Evanston parent Chanelle Brown had her second child last year, it felt like the price of everything went up — child care, education and extracurricular activities — and being frugal with each ...