The revenue package signed by Gov. J.B. Pritzker last week includes a 0.2% tax on the value of digital assets held or transacted by Illinois residents. #housebill #digitalasset #centersquare
The state’s tax filing deadline remains Wednesday, April 15, and IDOR recommends that taxpayers mail returns earlier than usual to ensure they arrive on time. #taxes #postal #filings
Illinois Department of Revenue Director David Harris said the program provides a straightforward way for residents to support important services while filing their taxes. #tax #health #program
The nationwide scam involves urgent texts claiming a tax refund has been processed and instructing recipients to provide or verify their personal banking details. #scams
"Residents who live or have businesses in the affected areas won't need to worry about incurring penalties and interest on their tax deadlines until October. This additional time will allow them to gather essential paperwork without added stress." #wildfire
Illinois will participate in the IRS Direct File program this year. Eligible taxpayers will be able to use the program to electronically complete their 2024 federal tax returns for free. #tax
State Rep. Mary Beth Canty’s legislation creates the commission that will include members of the Illinois Department of Revenue and the Department of Commerce and Economic Opportunity. #taxsystem
“This time of year, as holiday shopping begins and Black Friday and Cyber Monday online sales tend to hit record highs, there is often an increased risk of cybercriminals taking advantage of unsuspecting shoppers.” #holiday