Canton faced budget concerns amid a $2.3 million tax refund to businesses. Officials now believe cannabis funds will offset ...

The University of Illinois Springfield is offering free tax preparation services through the IRS's VITA program. Here's how to make an appointment.

Walser allegedly avoided paying around $350,000 in state sales taxes for vehicles brokered through Montana shell companies.

A partial government shutdown looms as the Senate remains divided over spending bills. But how would a shutdown affect Illinois tax refunds?

After months of Trump administration officials forecasting “very large refunds” in the 2026 filing season, early taxpayers ...

An average price of the city's outstanding general obligation bonds has fallen since the budget was approved, making Chicago an outlier in the market.

President Trump is suing the IRS and Treasury Department for $10 billion, accusing them of failing to prevent a leak of his tax information to news outlets.

Tax filing season is underway, and the IRS expects 164 million people will file returns by April 15. The average refund last year was $3,167. This year, analysts have projected it ...

Cook County’s delayed property tax bills are straining school districts with nearly $122 million in unexpected, unneeded costs.

Democrats control all levers of government in Illinois. We have been grappling with the same problems for decades with no ...

The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

Parents may have noticed a new "Trump Account" option while filing their taxes. Here's what that means and how families can qualify.