Bhatt said taxpayers who are seeing and hearing about the no tax on tips at the federal level might not think about having to actually add those back into their state return. #taxtips #rule
With one of the lowest state estate tax thresholds in the country, Samuel Karnick, senior fellow at The Heartland Institute, warns Illinois’ outdated estate tax continues to threaten the future of generational farms, even as the federal government moves to ease the burden. #tax
“There is never a good time to increase the cost of gasoline for working families, but this is especially true during a period of record inflation,” said Josh Sharp, CEO of the Illinois Fuel and Retail Association.
#IllinoisFuelAndRetailAssociation