TurboTax offers step-by-step guidance, making it ideal for those who want extra help. It’s free for basic returns, with paid ...

Opponents to the proposed tax cuts have expressed concern about effects on local and state services. The fiscal note on HB 903 estimates an impact of over $900 million on local government funds.

You may have heard the rumor that Social Security is about to go broke. And thankfully, that’s all it is — a rumor. Social ...

As city council prepares for a week of budget talks starting Monday, there are several key facts and figures to know heading ...

No income tax for those earning below $150,000. Commerce Secretary outlines the President's new tax initiative.

Dr. Mehment Oz refused to commit to protecting Medicaid from proposed cuts during his Senate confirmation hearing.

SPRINGFIELD ( 25News Now) - Illinoisans pay the second highest property tax in the nation, only behind New Jersey according ...

Senate Bill 216 is signed into law. Rhoden was joined by lawmakers at the capitol for a special signing ceremony.

The IRS is warning the public that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't ...

Biden handed Trump a strong post-pandemic economy that was the envy of the world. Now, the U.S. is the embarrassment of the ...

The Internal Revenue Service (IRS) is pausing the operational overhaul it started during the Biden administration and is set to make changes to its workforce, senior Treasury officials said on a ...

President Trump has issued an executive order directing the Education Department to prioritize school choice programs for ...