taxes

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

“It’s hard to escape the violence infiltrating our own backyards since Pritzker’s dangerous anti-law enforcement policies have begun taking effect,” said Irvin. #richardIrvinForGovenor

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax - In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.

What Is the Earned Income Tax Credit (EITC), and Do I Qualify for It? - ProPublica has covered how budget cuts at the IRS have made it harder for the agency to ensure that the billionaires of the world pay up, but the cuts haven’t affected everyone equally.