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Illinois Taxes News is an EIN News Service for political professionals. Constantly updated news about Illinois US Politics politics.
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Latest Illinois Taxes News

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  • Overlooked $300 million tax to vanish Jan. 1 4 Dec 2009 04:34 GMT
    ... SPRINGFIELD – It's said that the only things certain in life are death and taxes, but the possible death of a major Illinois tax has gone all but unnoticed by state policymakers. A quirk in Illinois law has ...

  • Fitch Rates $530MM Build Illinois Bonds 'AA'; Outlook Stable 3 Dec 2009 17:41 GMT
    ... 'AA' rating to $530 million State of Illinois Build Illinois (sales tax revenue bonds) series A and B of ... alter the basis on which the sales taxes are collected and transferred to the Build ...

  • Retail sales account for small portion of state's online sales tax revenue 1 Dec 2009 00:10 GMT
    ... for small portion of state's online sales tax revenue Posted Nov 30, 2009 @ 05:02 PM Illinois will cash in as people do more ... of what the state collects in sales taxes. A report prepared by the Illinois Department ...

  • Illinois revenue from Internet sales steadily increases 1 Dec 2009 09:53 GMT
    ... Illinois revenue from Internet sales steadily increases Posted ... of what the state collects in sales taxes. A report prepared by the Illinois Department ... this year put the state's estimated sales tax collections from Internet sales at about $678 ...

  • Davlin plan would raise property tax rates by 23 percent 3 Dec 2009 10:32 GMT
    ... city increase its portion of the property tax rate for the first time in more ... tax levy, the bulk of the property taxes — $16.2 million — would go toward ... property taxes would be contributions to the Illinois Municipal Retirement Fund, payments of Social Security ...

  • Davlin plan would raise property tax 23% 3 Dec 2009 19:14 GMT
    ... city increase its portion of the property tax rate for the first time in more ... tax levy, the bulk of the property taxes — $16.2 million — would go toward ... property taxes would be contributions to the Illinois Municipal Retirement Fund, payments of Social Security ...

  • Some Ill. Candidates Balk At Releasing Taxes 28 Nov 2009 21:10 GMT
    ... Some Ill. Candidates Balk At Releasing Taxes While many Illinois politicians are rushing to reassure voters of ... governor have decided not to release their tax returns to the public, a practice that ...

  • Some Illinois candidates balk at releasing taxes 30 Nov 2009 04:32 GMT
    ... SPRINGFIELD, Ill. (AP) — While many Illinois politicians are rushing to reassure voters of ... governor have decided not to release their tax returns to the public, a practice that ... Web site. (He paid $29,773 in federal taxes for 2008.) The major Democratic candidates, Dan ...

  • State shuts down Sammy's for unpaid taxes 4 Dec 2009 13:35 GMT
    ... the unusual step of ordering the business shut down until back sales and employee-withholding taxes are paid. The Illinois Department of Revenue has revoked the sales tax collection license of Sammy's Sports Bar & Grill, 215 S. Fifth St., for failure ...

  • Liberal Oregon activist says tax hikes are good 30 Nov 2009 05:33 GMT
    ... need to pick up more of the tax burden -- and now he's busy defending ... his irrigation company to Idaho if the taxes are approved, Sheketoff called him up and ... and then at a nonprofit in southern Illinois helping farmers reclaim land used in mining. ...

  • Aim for fairness in state tax policy 2 Dec 2009 10:41 GMT
    ... The political debate over taxes these days ranges from "We will not ... not the case with state and local tax systems in nearly every state - including ... in those states - such as Florida, Illinois and Washington - that are heralded as ...

  • Sammy's back open after reaching tax deal with state 5 Dec 2009 08:17 GMT
    ... approximately $39,000 in back sales and withholding taxes. The restaurant at 215 S. Fifth St. ... and on for several days after the Illinois Department of Revenue suspended a sales tax collection license and ordered the business to ...

  • Sammy's back open after reaching tax deal 5 Dec 2009 20:53 GMT
    ... approximately $39,000 in back sales and withholding taxes. The restaurant at 215 S. Fifth St. ... and on for several days after the Illinois Department of Revenue suspended a sales tax collection license and ordered the business to ...

  • Some candidates balk at releasing taxes 29 Nov 2009 05:20 GMT
    ... 28, 2009 @ 09:54 PM While many Illinois politicians are rushing to reassure voters of ... governor have decided not to release their tax returns to the public, a practice that ... Web site. (He paid $29,773 in federal taxes for 2008.) The major Democratic candidates, Dan ...

  • Hynes: Innovation key to increasing Illinois jobs 1 Dec 2009 23:24 GMT
    ... Hynes: Innovation key to increasing Illinois jobs SPRINGFIELD, Ill. With unemployment rising, Democrat ... said Tuesday he would update the state's tax credits, grants and other incentives so that ... a plan to cut spending and raise taxes to erase the deficit by the middle ...


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