Estate tax thresholds vary widely at the state level. Life insurance policy proceeds received by a beneficiary after the policyholder's death are generally tax-free. However, interest earned on ...

When local governments must comply with a new state law, it often increases costs. Those costs are passed on to the taxpayer.

the Illinois Department of Employment Security (IDES) announced today. Claimants who collected UI benefits last year will ...

For claimants who received unemployment insurance benefits in 2024, the Illinois Department of Employment says 1099-G tax ...

Illinois Gov. JB Pritzker (D) said he would block pardoned Capitol insurrectionists from serving in local government positions, citing a state law ordinance, according to a Thursday letter ...

Last year, a total of 33 counties voted to secede from Illinois and form their own state. Huston invited those ... The secessionist counties pay a lower federal tax rate but receive more in ...

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Did you just receive a form called a 1099-K ... principal analyst for Wolters Kluwer Tax & Accounting in Riverwoods, Illinois. The IRS is phasing in changes in the threshold, which, according ...

However, other changes involving state taxes are equally important. Those state tax changes, ranging from income tax cuts to property tax and rent tax relief and gas tax increases, vary ...

"Eligible taxpayers can then use the verified Direct File information from a federal return to file their state taxes for free at My Tax Illinois, not only saving time but also reducing ...

The 2025 tax season is officially ... only include a simple W-2 form. Direct File is available in Alaska, Arizona, California, Connecticut, Florida, Idaho, Illinois, Kansas, Maine, Maryland ...

THE OKLAHOMA TAX COMMISSION WILL ALSO ACCEPT TAX RETURNS STARTING TODAY. THE OKLAHOMA TAX COMMISSION SAYS TAXPAYERS CAN SAVE TIME BY ACCESSING THE STATE’S TAX PAYER ACCESS POINT ONLINE. THEY CAN ALSO ...