tax – Page 10 – WRUL-FM

New Tax Rates Take Effect from Passage of SB 9

Thursday, July 13 by Jc Tinsley

The Illinois Department of Revenue is providing general information regarding the recent Income Tax increase, and changes to various credits, deductions and additions to income. Taxpayers are encouraged to review the information and web links below to determine how the recent change in tax... Read More.

Governor’s Statement on Speaker Madigan’s 32% Income Tax Hike

Friday, July 7 by Jc Tinsley

Governor Bruce Rauner today issued the following statement after the House of Representatives voted to override the Governor’s veto of Speaker Madigan’s 32 percent permanent income tax hike: “Today was another step in Illinois’ never-ending tragic trail of tax hikes. Speaker Madigan’s 32 percent permanent... Read More.

Business Owners: Madigan 32% Tax Hike will be Devastating

Thursday, July 6 by Jc Tinsley

Governor Bruce Rauner joined small business owners in Chicago's Hegewisch neighborhood today to put a face to the families that will be impacted by the Madigan 32 percent permanent tax hike."Our hardworking families and small business owners are once again paying for the failed... Read More.

Just One Week Left to File Your Income Tax Return

Tuesday, April 11 by Jc Tinsley

With only seven days left to file federal and state income tax returns, the Illinois Department of Revenue (IDOR) is reminding taxpayers to file as soon as they can. More than 4 million taxpayers have already filed their 2016 Illinois individual income tax returns... Read More.

Statewide poll: Majority of Illinois voters say state should balance the budget through spending cuts, not tax increases

Tuesday, March 7 by Jc Tinsley

More than half of Illinoisans say state government spends too much money, and should close its budget deficit by only cutting spending – not raising taxes. This is according to a new poll of likely Illinois voters, released today by the non-partisan Illinois Policy... Read More.

Madigan Directs Revenue Committee to Prioritize Reinstatement of Economic Development Tax Credit

Thursday, February 2 by Jc Tinsley

Speaker Michael J. Madigan, D-Chicago, is directing the House Revenue committee to take up a Democratic Caucus proposal to reinstate a key tax credit for employers who create jobs in Illinois.In a letter to state Rep. Michael Zalewski, chairman of the House Revenue and... Read More.

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State Announces Free Tax Preparation for Low Income Families

Monday, January 23 by Jc Tinsley

Illinois Department of Human Services Secretary James Dimas today announced free income tax preparation and electronic filing is available for low income workers and families. The services are provided free of charge at locations across the state to families with incomes up to $55,000... Read More.

2017 Illinois Tax Filing Season Begins Monday, January 23rd

Wednesday, January 18 by Jc Tinsley

The Illinois Department of Revenue (“IDOR”) will begin accepting 2016 state individual income tax returns on Monday, January 23rd, the same date that the Internal Revenue Service (“IRS”) begins accepting federal individual income tax returns. IDOR is reminding taxpayers that filing tax returns electronically and... Read More.

House Passes Administration’s Permanent Property Tax Freeze Proposal

Wednesday, January 11 by Jc Tinsley

Governor Rauner issued the following statement today after the House of Representatives passed the Administration’s proposal, HB 6630 sponsored by Rep. Mark Batinick, to permanently freeze property taxes in Illinois:“This morning the Illinois House of Representatives took a step in the right direction and... Read More.

Employer Withholding Tax Changes Increase Accuracy, Enhance Fraud Prevention Efforts

Friday, January 6 by Jc Tinsley

In an effort to reduce taxpayer filing and payment errors, and increase the detection of false income reporting and insolvent employers, the Illinois Department of Revenue (“IDOR”) will begin requiring all withholding taxpayers to file quarterly withholding income tax returns and report detailed payroll... Read More.