Health care, the environment and the economy were among the issues that got top billing Wednesday when the running mates of President Donald Trump and former Vice President Joe Biden faced off at their sole debate.

In November, Illinois voters will be making a choice about how the state taxes income. But a last-minute lawsuit claims the ballot itself is flawed and is raising questions about how it may impact retirees.

Efforts to transform a Northwest Side tax program created in the 1980s amid the racist panic that greeted the election of Chicago’s first Black mayor are stalled — nearly two years after new leadership promised a fresh start.

While President Donald Trump continues to battle in court to keep his financial records from becoming public, the New York Times got troves of Trump tax returns from unnamed sources. Tax experts share their insights.

Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid no federal income taxes in 10 of the past 15 years.

Several aldermen on Friday urged Chicago’s chief financial officer to dip into the city’s $900 million savings account to wipe out the massive budget shortfall caused by the coronavirus pandemic.

Chicago’s chief financial officer warned aldermen Monday that taxing big firms and financial transactions would not help dig the city out of a massive budget hole caused by the coronavirus pandemic.

In the November election, Illinoisans will be asked whether or not to change the state’s income tax system to a graduated tax — but there’s still a lot of confusion about the proposal.

Tuesday marks the beginning of a payroll tax holiday — but don’t get too attached to the extra cash. It’s due back in April. Here’s what you need to know.

The growing share of city property taxes sent to tax increment finance districts is sure to fuel the argument over whether the districts actually spur redevelopment and eradicate blight or exacerbate growing inequality in Chicago.

As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15. Taxpayers must file or seek an extension by the new deadline or face a penalty. 

Cook County Board President Toni Preckwinkle backed an effort Wednesday to give property owners a bit of financial “breathing room” by waiving late fees on second-half property tax bills due Aug. 3.

In a move aimed at softening the economic impact of the novel coronavirus, Illinoisans will have an additional three months to file their state taxes. Gov. J.B. Pritzker made the announcement as the state reported it’s largest single-day jump in COVID-19 cases.

The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic. 

Supporters argue a new tax structure proposed by Gov. J.B. Pritzker will even the playing field between the wealthy and everyone else. But opponents say it could drive more residents and businesses out of Illinois.

With the acknowledgement that “our choices remain hard, our fiscal situation challenging,” Illinois Gov. J.B. Pritzker on Wednesday delivered his proposal for a $42 billion state spending plan for the coming fiscal year.