Combined state and federal taxes would take more than 50% of the top-end income for 22,000 Illinois small businesses.

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

The governor has presided over $77 billion in increases while Illinois’ economic growth lags. Gov. J.B. Pritzker wants more ...

Illinois has one of the highest income tax rates in the country, according to a report from the personal finance site FinanceBuzz. Using median income and state and federal tax rates in 2025, the site ...

A BND series focused on bringing transparency and accountability to local news coverage. Our reporters dig deeper to deliver fast facts about issues that matter to southwest Illinois. Read more. Story ...

House Joint Resolution Constitutional Amendment 21 would raise the state income tax rate on income exceeding $1 million from ...

Tax season is right around the corner for residents across the country, and there are a few things to know at the federal and state tax levels. According to the Illinois Department of Revenue, the ...

A “millionaire tax” proposal floated in the Illinois House failed to gain enough traction in Springfield this week, making it ...