3/12/2024
Illinois business owners are bracing for a potential tax hit from Gov. J.B. Pritzker.
The governor’s proposed budget extends the cap on business net operating losses, but increases the cap to $500,000. His office estimates the “revenue adjustment” will raise $526 million, the bulk of the nearly $900 million of tax increases his $52.7 billion spending plan proposes.
3/7/2024
Lou Sandoval, President and CEO of the Illinois Chamber of Commerce has been selected as a new member of The Economic Club of Chicago.
2/16/2024
SPRINGFIELD, IL (February 14, 2024) – State Senator Win Stoller (R, Germantown Hills) and State Representative Amy Elik (R, Alton) introduced legislation to encourage small businesses to reinvest earnings in their communities.