SPRINGFIELD – A group of Democratic lawmakers on Tuesday, Feb. 7 called for creating a state-level child tax credit that would give low- and middle income families up to $700 per…
A new paper from a University of Illinois Urbana-Champaign expert on U.S. tax policy examines changes to inherited retirement accounts such as the 401(k) or the individual retirement…
SPRINGFIELD – Revenues flowing into state coffers surged in the fiscal year that ended June 30, spurred largely by an influx of federal funds, the delayed deadline for filing income…
SPRINGFIELD — Gov. J.B. Pritzker and his wife, M.K. Pritzker, reported more than $6 million in gross income last year, about $5.5 million of which was federally taxable, according…
The Illinois Department of Revenue (IDOR) is announcing that they do not anticipate releasing Individual Income Tax refunds for the 2016 tax season until March 1. The decision…
SPRINGFIELD – Gov. J.B. Pritzker’s campaign released summary documents of his 2020 tax returns Friday, Oct. 15, which showed the first family reporting $5.14 million in adjusted…
SPRINGFIELD — A tax amnesty program created during the passage of last year’s state operating budget has brought in nearly $240 million — approximately $60 million more than was…
An Illinois congressman wants to keep the government away from U.S. Olympians’ prize money. U.S. Rep. Bob Dold (R-Dist. 10) is sponsoring legislation that would exempt Olympians and…
McHenry man charged with residential ...A McHenry man was charged with three felonies and two misdemeanors involving ...
Community pulls together to save ...After months of uncertainty and urgent repairs, the Metamora Community Pool has ...
Chicago teen charged in fatal ...A 19-year-old Chicago man has been charged in connection with a fatal ...
Government, defense spar as child ...With the criminal trial of Elburn veterinarian Adam Stafford King fast approaching ...
