Saturday, March 15, 2025

Search results for keyword: taxes found in 208 News.

chicago-corruption-trials
  • by david hall
Former Illinois lawmaker gets a year in prison for cheating on her taxes

Ex-state Sen. Annazette Collins told the judge that she “let the voters down” and is “determined to never be in this situation again.”

the-watchdogs
  • by david hall
Sex dungeon on Near West Side has gotten property tax breaks for decades

The Chicago Illusions building gets a tax break because it has two apartments — even though it appears those units are used as part of the business.

chicago
  • by david hall
Cook County is expecting a $218 million budget gap, but won’t plug it with layoffs or tax hikes

County Board President Toni Preckwinkle is also trying to figure out which pandemic-funded programs to keep as the county spends down federal dollars.

taxes
  • by david hall
IRS wants to end another major tax loophole for the wealthy and raise $50B in the process

New guidance and a ruling includes plans to stop “partnership basis shifting” — a process by which a business or person can enter into a series of transactions to avoid taxes.