Illinois taxpayers may maximize the impact of their charitable giving with the Illinois Gives Tax Credit program, which offers 25% state income tax credits to contributions to qualified endowments of ...

It comes as a surprise to some, but condominiums and other forms of community associations are entities that must file income tax returns. Even though community associations are “not-for-profit” ...

Illinois grants an automatic six-month filing extension but taxes remain due April 15. Federal extensions push filing deadline to Oct. 15 but do not extend payment deadlines. Illinois will still tax ...

Tax season is right around the corner for residents across the country, and there are a few things to know at the federal and state tax levels. According to the Illinois Department of Revenue, the ...