Illinois now has a constitutionally mandated flat-rate tax that taxes all personal income at the same rate of 4.95%. Under a graduated-rate income tax, different levels of wages are taxed at ...

Most laws in Illinois go into effect on Jan. 1 in Illinois, but some begin on July 1. There are a multiple new laws to be ...

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 ...

Illinois has the second worst effective property tax rate in the nation, according to Rocket Mortgage, ranking just one spot ahead of New Jersey.

In Gov. J.B. Pritzker’s first remarks after voters rejected his administration’s signature proposal for a graduated-rate income tax in Illinois, the first-term Democrat singled out higher ...

Illinois Lt. Gov. Juliana Stratton warned Thursday that if voters do not approve the constitutional amendment on the November ballot to shift from a flat to a graduated income tax, all residents ...

Illinois voters will consider whether millionaires should be taxed more to fund property tax relief The advisory referendum is not binding. But if passed later, Gov. JB Pritzker’s administration ...

When the FY 2023 budget was first approved last year, Illinois Gov. JB Pritzker highlighted the tax relief, saying in a statement, “Our budget helps ease inflationary pain by cutting taxes on ...

Gov. J.B. Pritzker unexpectedly backed off his longstanding opposition to taxing services as lawmakers search for ways to fund and reform the Chicago region’s mass transit system.

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 ...