The Illinois Department of Revenue (IDOR) will begin accepting 2021 state individual income tax returns on Monday, Jan. 24, the same date that the Internal Revenue Service (IRS) begins accepting federal individual income tax returns. If a taxpayer electronically files an error-free return, they should receive a direct deposit refund[Read More…]
Tag: Illinois taxes
Three property tax homestead exemptions extended
Three homestead exemptions will automatically renew for the next property tax year. Gov. J.B. Pritzker signed into law a bill that will eliminate the need for yearly renewals. The action was one of several COVID-19 related bills approved during the spring legislative session. Under the bill, homeowners who received the[Read More…]