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
“With single-family homes’ median estimated market values increasing by 15% as part of the 2024 reassessment, my office is here to support residents who are struggling with the resulting property tax bills,” said Commissioner George Cardenas. #property
“The combination of all the different taxes Illinoisans pay show that their burden overall really takes a chunk of change out of their dollars.” #taxes
Commissioner George Cardenas Pushes for Statewide Circuit Breaker Legislation Amidst Drastic Increases in Cook County Property Taxes (Chicago, IL) – Cook County Board of...
A recent report by Illinois Health and Human Services says the price tag of providing health care for migrants next year could balloon to close to a billion dollars. #wealthtax
Last year, Illinois and 18 other states offered inflation relief payments or refunds for taxpayers and now the IRS is uncertain about the taxability of the payments. #taxreturn #irs
"This year, we have extended the due date for corporate income tax returns, as we await permanent action later this month by the Joint Committee on Administrative Rules (JCAR), a bipartisan legislative oversight committee."
#idor