On May 31, 2025, the Illinois General Assembly passed House Bill 2755, which contains three amnesty programs the state estimates will substantially increase its coffers. Illinois Governor JB Pritzker signed the bill into law...more
6/26/2025
/ Audits ,
Filing Deadlines ,
Franchise Taxes ,
Government Agencies ,
Legislative Agendas ,
New Legislation ,
Penalties ,
Retailers ,
State and Local Government ,
State Taxes ,
Tax Amnesty ,
Tax Liability ,
Tax Returns
As previously announced, the Illinois Department of Revenue has begun a new amnesty program, running October 1 through November 15, 2019. All taxes paid to the Illinois Department of Revenue for taxable periods ending after...more
The Illinois General Assembly enacted a number of new tax measures in a flurry of activity at the end of its legislative session. Some of the changes are taxpayer friendly and others are not. Unlike the no-deal chaos of past...more
6/14/2019
/ Ballot Measures ,
Constitutional Amendment ,
Economic Development ,
Estate Tax ,
Foreign Derived Intangible Income (FDII) ,
Franchise Taxes ,
Income Taxes ,
Net Operating Losses ,
Proposed Legislation ,
Referendums ,
State Legislatures ,
Tax Amnesty ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Debt ,
Tax Reform ,
Trusts ,
Withholding Requirements