Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the ...

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...

Editor’s note: This story is part of an ongoing series about proposed changes in the state income tax formula. When Gov. J.B. Pritzker unveiled his plan for a graduated income tax, he said just 3% of ...