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Tim C. Reilly’s articles from BrownWinick Law are most popular:
within Tax topic(s)
in United States
BrownWinick Law are most popular:
within Tax, Intellectual Property and Environment topic(s)
with readers working within the Retail & Leisure industries
The Illinois Department of Revenue published information about its upcoming tax
amnesty program. Taxpayers with outstanding liabilities from
periods between July 1, 2018 and June 30, 2024 can pay those
liabilities without owing penalties or interest.
If your business failed to file or made a mistake on a return for
any of those periods, now is the time to file a return and pay the
tax due.
Payment must be made between October 1 and November 17 of this
year. This program includes all taxes administered by the Illinois
DOR, including individual income, corporate income, sales, use,
excise, and occupation taxes. Property, estate, franchise,
insurance, and local taxes paid directly to the local government
are not eligible.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
