Illinois families face the highest state and local tax burden in the country in 2025, with residents forced to pay at least ...

The Illinois corporate tax rate applies to certain businesses operating in the state and consists of a flat income tax rate and a separate personal property replacement tax. As of 2025 ...

Illinois offers unique tax advantages on retirement income. Here are the pros and cons of retiring in Illinois.

Turns out that it’s easy to make people move out of your state: Just raise taxes. Recently, residents of high-tax states such ...

The IRS has announced the new federal income tax brackets for both tax year 2024 and 2025. If you haven’t filed yet for 2024 ...

Tax policy is a deeply misunderstood topic. In general, most people believe that “conservative” states levy fewer taxes than states with more “left-leaning” leadership. This is not always the ...

For example: Recipients in Utah pay the state's flat 4.55% income tax rate. Recipients in Connecticut can deduct all of their federally taxable Social Security income if their adjusted gross income ...

The tax rate depends on how long you hold it before selling. If you own cryptocurrency for a year or less, you’ll pay short-term capital gains tax. If you sell your cryptocurrency after more than a ...

The move could raise $2 billion annually at a time when Illinois is facing increased budget pressures, the groups say.