Illinois is one of the few states in the U.S. to still tax groceries. Although the 1% state tax on groceries is reduced from the state’s regular 6.25% sales tax rate, it may still present a ...
Illinois is seeing a surge of litigation challenging the constitutionality of its complex sales tax law for remote retailers, ...
Under the Illinois Interchange Fee Prohibition Act, scheduled to take effect July 1, 2025, merchants will pay interchange ...
Furthermore, Illinois also applies its standard 6.25% sales tax, with local taxes potentially adding up to 3.5%. Seeking to ...
Illinois state taxes are high in some areas and low in others. For example, Illinois has one of the highest sales tax rates in the U.S., but it's also one of the states that don't tax retirement ...
The Tax Foundation also finds Illinois among the more expensive state and local tax burdens. The County School Facility Occupation Tax would raise sales taxes but would not lower property taxes.
A think tank looked at five taxation areas: corporate, individual income, sales/excise, property/wealth and unemployment ...