The Great Recession was characterized by stark unemployment, financial ruin, and a stalled housing market. Although the National Bureau of Economic Research declared an official end to the economic downturn in June 2009, the American public would feel the effects for years to come. The Great…

The Internal Revenue Service and U.S. Department of the Treasury said Wednesday they plan to issue guidance addressing workarounds some states, including Illinois, are crafting to get around new limitations on deductions of state and local taxes.

The Great Recession was characterized by stark unemployment, financial ruin, and a stalled housing market. Although the National Bureau of Economic Research declared an official end to the economic downturn in June 2009, the American public would feel the effects for years to come. The Great…

The Internal Revenue Service and U.S. Department of the Treasury said Wednesday they plan to issue guidance addressing workarounds some states, including Illinois, are crafting to get around new limitations on deductions of state and local taxes.