The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...

Polish, I can really reach out to other constituencies that may be a little different for most Republicans,” Ted Dabrowski said.

Gov. J.B. Pritzker just issued an executive order that, among other things, requires state agencies to identify cuts totaling 4 percent of their current year appropriations.

IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.

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

Property taxes are one of the biggest pressures on families in our district, and school funding is a major driver of those costs. I believe we can provide relief to homeowners without shortchanging ...