Several new laws and taxes are set to go into effect on July 1st, 2025, including taxes on sports betting, vaping, gas, and ...

Numbers compiled by the independent Commission on Government Forecasting and Accountability show FY25 concluded with $54 ...

Many of the changes and new taxes mean some things in the state will wind up costing more, including gas, cigarettes and ...

CHICAGO – The Illinois Department of Revenue is reminding taxpayers who missed the April 15, 2025, income tax filing deadline that it is not too late to file and that ...

Illinois motorists will notice a slight price change at the pump this week, as the state’s gas tax is set to rise.

Motor Fuel Tax increase, put in place by the state to account for inflation under a law passed in 2019, kicks in on July 1, ...

Local sales tax in Illinois will jump by up to 2% on July 1. Here's how it affects shoppers and what items remain exempt.

Starting July 1, 2025, a 15% tobacco tax increase will apply to non-cigarette tobacco products in Illinois, raising the ...

Congress passed the “one big beautiful bill” and in it a provision that temporarily exempts certain tipped income from ...

Illinois has a flat tax of 4.95%, while Wisconsin has several brackets based on income. Flat taxes have been a debate in past ...