taxes

A new study shows Rockford has the highest property taxes in the entire U.S., with rates more than double the national average. Four of the top five worst cities for taxes are in Illinois. Here’s how it impacts homeowners chasing the American dream.

Only Californians have a more painful time at the pump than those in Illinois.

Do these two things before you even consider handing over money.

Take a deep breath if you get a text or call like this.

I'm no math genius, but this is a stunning number of people who said goodbye to Illinois in just one calendar year. New data just shared by the IRS reveals more than a quarter million residents left the Land of Lincoln recently.

There are few organizations in the world more feared than the Internal Revenue Service. They're like the strict parent that you don't want to tick off. That's why many in Illinois are now concerned about stern warnings being issued to residents of the state about illegitimate tax credits being claimed.

My eyes did a double-take when I saw this as I thought there was no way it could be accurate, but I've learned it is. A new ranking claims the tax burden in Illinois has even surpassed that of California. The numbers don't lie.

The IRS disclosed that nearly a million individuals, with over 30,000 from Minnesota, Wisconsin, and Iowa combined, have unclaimed refunds from the year 2020.

Minnesota is in the top 20 for highest property taxes. Here are the counties that charge the most.

It feels like a broken record to say "The taxes in Illinois are killer" but the numbers for 2024 are truly staggering. Here is why the experts say Illinois is the 2nd worst state in the country for property taxes...