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 ...

Tax season is fast approaching, here's all the tax bracket data to know for Illinois and at the Federal level.

CHICAGO (WLS) -- Illinoisans voted on changing the state constitution to move from a flat tax to a graduated income tax, where the wealthy pay more, Tuesday, and Republicans claimed victory. As of ...

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...

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 ...

Illinois' estate tax "threshold" (rather than "exemption") can surprise families, but proactive planning can help preserve ...

Programs that offer free basic income tax return preparation for low- to moderate-income families and older adults are ...

Higher tax revenue paints a better picture for Illinois’ budget, but increases have been driven by strong national economy, rather than local policy.