Democratic lawmakers have introduced proposals to put a progressive tax amendment on the ballot, citing a growing structural ...

Gov. JB Pritzker and Democrats who control the state legislature have mostly shied away from renewing their graduated income ...

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A graduated income tax referendum could be on ballot in 2026, although it is not top priority for Illinois Gov. JB Pritzker.

The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate incomes. Its especially ...

The IRS released on December 12 the covered compensation tables which plan sponsors can reference to determine 2026 benefits for qualified plans that offer additional contributions or accruals to ...

Tax deductions reduce your taxable income to help lower your overall tax bill. While most people claim the standard deduction, there are dozens of lesser-known opportunities that could help you keep ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers. While the EITC has been around for 50 years, it’s still one of ...

The 2026 basic standard deduction amounts represent an increase of 2.22%. That continues a string of smaller increases, ...

Presenting 2 ETFs that show how de-risking does not necessarily have to dilute your high-yielding portfolio. Click here to ...

MORE workers will have to pay tax on income they haven’t even earned yet under a rule rejig. Chancellor Rachel Reeves announced a massive change to income tax in November’s budget that has slipped ...

There were 161 million individual income tax returns filed to the IRS in 2024, possibly including yours. While not every American is required to file a tax return, most will – and there may be good ...