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Illinois Passes Veterans Tax Credit for Post 9/11 Veterans

Illinois Passes Veterans Tax Credit for Post 9/11 Veterans

TaxTV Staff May 29, 2012 0

Illinois has passed a new income tax credit for employers who hire veterans who served after 9/11.  The credit expands an existing credit for business owners that hire veterans. In an effort to employ

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Illinois Sales Tax Law Unconstitutional

Illinois Sales Tax Law Unconstitutional

TaxTV Staff April 26, 2012 0

The Main Street Fairness Act, passed in March 2011, commonly referred to as the Amazon tax law was ruled to be unconstitutional by a Cook County judge on Wednesday. The decision adds to the

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Complaint Filed With IRS against Catholic Diocese of Peoria

Complaint Filed With IRS against Catholic Diocese of Peoria

TaxTV Staff April 23, 2012 0

A complaint was filed against the Catholic Diocese of Peoria following a homily given April 14, 2012 at the St. Mary’s Cathedral.  The Americans United for Separation of Church and State sent a request

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Illinoisans Filing Fast

Illinoisans Filing Fast

TaxTV Staff March 1, 2012 3

The Illinois Department of Revenue released a report today that over 2 million taxpayers have already e-filed their tax returns.   With still 48 days remaining, the Department of Revenue has paid more than $377.4

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Illinois Legislators Propose New Sin Taxes

Illinois Legislators Propose New Sin Taxes

TaxTV Staff February 22, 2012 9

Illinois legislators have proposed two new bills that would create new so-called “sin tax” on ammunition and strip clubs. The first bill was introduced early this month by Illinois State Representative Kelly Cassidy, 14th

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Chicagoland Transit Slams Cut in Commuter Tax Break

Chicagoland Transit Slams Cut in Commuter Tax Break

TaxTV Staff January 24, 2012 1

The 2010 tax break for mass transit commuters in the Chicago area was cut nearly in half because Congress failed to renew a higher limit in the Commuter Benefits Equity Act. The amount of

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