The report comes after a property information service, Attom, analyzed the property tax rates for 217 different urban areas.

Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new study says four of the top five urban areas with the highest property taxes are right here in Illinois.

Legislators need to pass the Build Illinois Homes Tax Credit bill, says Lore Baker, president of the Association for Individual Development.

Four of the five highest-taxing metro areas in the country are in Illinois, driven by the state’s pension debt.

CNBC Select looks at a new Realtor.com report showing how much Americans need to earn to afford a median-priced home in their ...

Earning a six-figure salary is a major milestone for many workers and often considered a benchmark of comfortable living in the Midwest, but it doesn’t always reflect what ends up in your ...

Of the 41 states that don't tax Social Security, 13 don't tax any retirement income. Social Security benefits could still be subject to federal taxes, though, depending on income and tax filing type.

Helmke said property tax revenue is crucial for local functions such as emergency services and street repair, in addition to funding schools. Unlike income taxes, he said property tax revenue is ...

Here’s an example of how you would calculate your federal taxes owning, based on annual taxable income of $60,000 in 2024. These taxable income calculations have yet to take into account ...

Even though community associations are “not-for-profit” corporations in Illinois, income tax filing is required. Here is a brief summary and explanation of the filing requirements relating to ...

Many people are under the impression that the top 1% don’t have to pay much, if anything, in taxes. While it is true the wealthy often find ways to write off a lot of their income, that does not ...

Average Tax Refund by Income Group Tax refunds vary significantly ... Here is a summary of the data for Illinois: ...