In addition to several other changes to tax law, the One Big Beautiful Bill Act of 2025 (OBBBA) creates new ways to handle charitable donations.

Some families learn too late that when it comes to inheritance, “equal” doesn’t always mean “identical.” In fact, a trust’s ...

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as ...

The governor gave a thumbs-down to the Illinois Legislature’s latest plan to help Chicago-area transit avoid a looming fiscal ...

Isaac Stein is one of them. Normally, he's a lawyer for the IRS who writes tax regulations. But on a sunny Sunday afternoon ...

But that is now changing as more and more stockbrokers — such as 5Paisa and IndMoney — provide investors the option to invest ...

Health insurance premiums for Illinois families buying coverage through the Affordable Care Act will jump an average of 78% ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

For months, as the expiration of health insurance subsidies loomed, state health insurance commissioners warned Congress that millions of middle-class Americans were likely to see their insurance ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As we approach the final weeks of 2025, American taxpayers face a unique ...

The city of Peoria is proposing an increase in the total amount of property taxes levied. Property tax rates will not increase in Peoria. PEORIA — The city of Peoria is once again proposing to raise ...