Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

After soaring during the pandemic recovery in 2021, the number of million-dollar earners in Illinois took a downward turn in ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

WGN Radio’s Tom Fortino from Alpha Wealth Group gives you the latest financial business news, financial planning advice, and more! This weekend Tom is the bearer of bad news: it is tax season ...

My wife is an executor to the will so might she be liable for any tax the charities have to pay? Estate planning expert Ian Dyall replies.

On February 6, 2025, the U.S. District Court of the Northern District of Illinois declined to issue a preliminary injunction ...

The Illinois Department of Revenue set Mason County's 2024 property assessment equalization factor at 1.0544 to ensure fair ...

Tax season is fast approaching, and you might be leaving money on the table. An Illinois tax professional said new tax code ...

Three FedEx facilities in Central Illinois will close later this year, according to a FedEx spokesperson. Employees at the ...

Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction ...