State CPA Societies April 21, 2026
Illinois CPA Society Names 2026 Award Recipients
ICPAS will formally recognize the following honorees at the Leader Recognition & Awards Dinner in Chicago on June 18, 2026:
Income Tax April 21, 2026
Are Higher Income Taxes on Illinois Legislators’ Political Agenda?
D-Day is May 3, the last day super-majority legislative Democrats in Springfield can vote to put an amendment eliminating the Illinois Constitution's flat-tax mandate on the November ballot.
Small Business April 16, 2026
Feds Move to Block Controversial Illinois Credit Card Swipe Fee Ban
Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees, also known as interchange fees, on the tax and tip portions of customers’ bills.
Taxes April 2, 2026
Why Are Illinois’ Tax Rates So High? What an Economist Says is ‘Skewing’ Things
Illinois frequently lands among the top states for tax rates in various analyses, but does the Land of Lincoln really have higher taxes than most other states?
Taxes February 11, 2026
Trump’s OBBBA Cut Taxes on Tips, But Here’s Why Servers in Illinois and Other States Will Still Pay
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.
Taxes January 28, 2026
Illinois Gov. JB Pritzker Urged to Opt Out of Federal Voucher Tax Credit Program
Dozens of public school advocates gathered outside of the Governor’s Office in the West Loop Tuesday morning, demanding that Pritzker choose not to participate.
Taxes November 11, 2025
Chicago Alderman Yells at Gov. JB Pritzker Over Opposition to Mayor’s Head Tax Plan
Southwest Side Alderman Byron Sigcho-Lopez stopped Pritzker after a Veterans Day ceremony on Tuesday, demanding the Illinois governor explain how he would “tax the rich.”
Taxes November 5, 2025
Illinois Bill ‘Decouples’ State and Federal Taxes to Reduce Deficit Now
Illinois lawmakers are sending a bill to Gov. JB Pritzker that makes a pair of changes to Illinois’ tax code in response to new federal tax provisions that could reduce state revenue.
Taxes October 21, 2025
Illinois Gov. JB Pritzker Says He Opposes Head Tax in Chicago
Pritzker has come out in opposition to the reinstated $21-per-employee “head tax” on larger businesses that Chicago Mayor Brandon Johnson has proposed to raise an estimated $100 million to help balance the city's budget.
Accounting May 29, 2025
Illinois Legislature Passes Bill That Creates New CPA Licensure Pathways
Legislation that creates additional pathways to becoming a CPA in Illinois awaits Gov. JB Pritzker's signature after the bill was passed in the state House in April and the state Senate last week.