Strategic lifetime gifting can dramatically reduce Illinois' estate tax burden compared to keeping all assets until death, ...

Illinois' gas tax is about to rise starting this week, which will mean drivers will pay more at the pump. The increase comes as a number of tax hikes and new laws begin across the state starting July ...

A slew of new Illinois taxes and laws for 2025 went into effect overnight as the calendar turned to July 1. Many of the changes and new taxes mean some things in the state will wind up costing more, ...

If you owe back taxes in Illinois, you could get help from a tax amnesty program. Between October 1 and mid-November, the state won’t assess any penalties on taxes that were due over the past six ...

Viral social media posts have claimed Illinois could “soon” impose a mileage tax of 30 cents per mile driven, but is that actually looming for motorists? The short answer to that question is no. The ...

O'Connor discusses the Illinois taxes bills that go out on May 1st and are due June 4th. CHICAGO, IL, UNITED STATES, May 1, 2025 /EINPresswire.com/ -- Federal Tax Day ...

SPRINGFIELD, Ill. — With only hours remaining before their midnight deadline, Democratic state lawmakers on Saturday still were finalizing various components of a more than $55 billion budget balanced ...

SPRINGFIELD, Ill. — Starting next week, it will cost you more in Illinois to buy tobacco and nicotine products. Taxes on vapes, nicotine pouches and other tobacco products will increase July 1. Most ...

O'Connor discusses the second installment of Illinois property tax bills that are due in early September. CHICAGO, IL, UNITED STATES, August 11, 2025 /EINPresswire ...

Illinois lawmakers are fast-tracking a proposal to tax the unrealized gains of billionaires, a move that has drawn sharp warnings from taxpayer advocacy groups who say the measure could have ...