The Property Tax Code is amended to prohibit property tax collectors from publishing delinquent or forfeited property taxes for any property under section 10-35 or for any property that is exempt from taxation under the Property Tax Code.
Amendments were adopted to the Income Tax regulations (86 Ill. Adm. Code 100) (eff. Mar. 21, 2018) implementing Public Act 100-303 and requiring all employers and payroll providers who withhold Illinois income tax for employees to file their W-2 forms and returns for employee withholding taxes either electronically or using the same magnetic media used for their federal income tax filings.
The Department of Revenue adopted amendments to the Retailers' Occupation Tax Act (86 Ill. Adm. Code 130 (eff. Jan. 1, 2018)) excluding intangible personal property from the scope of the Retailers' Occupation Tax.
The Department of Revenue adopted amendments that codify the amount of the standard personal exemption for taxpayers, the amount of additional exemptions for the blind and elderly, and a cost-of-living adjustment to the standard exemption in future years (86 IAC 100; 41 Ill. Reg. 6436 (eff. Nov. 11, 2017)).
The Practice and Procedure for Appeals Before the Property Tax Appeal Board (86 Ill. Adm. Code 1910 (eff. Dec. 1, 2017)) was amended by the Property Tax Appeal Board to clarify when electronic filings and documents are permitted.
Previously taxed at the general merchandise rate of 6.25%, the Retailers' Occupation Tax (41 Ill. Reg. 3168, 3817) was amended to set a rate of 1% for certain medical devices and to exempt feminine hygiene products.
An amendment has been adopted that clarifies who a preparer is and implements a requirement that preparers of tax returns include their preparer tax identification number ("PTIN") on any return or claim for a refund.
The Property Tax Code was amended to create "special service area commissions" that may be established by the corporate authorities of a municipality or county for the purpose of managing a particular service area.
This rulemaking implements Public Act 99-842, which expands institutional eligibility for the College Illinois! 529 Prepaid Tuition Program by removing certain criteria previously required by the State.
This Act removes the provisions in section 10-152 of the Property Tax Code, 35 ILCS 200/10-152, which would have repealed the section regarding vegetative filler strip assessment at the end of 2016, bridging the gap in the designated assessment procedure that might have otherwise occurred between 2016 and 2017.
The Department of Revenue adopted amendments to the guidelines it follows in determining the statute of limitations for filing deficiencies against a taxpayer and a taxpayer's ability to file refund claims.
Individual taxpayers with annual tax liabilities of $200,000 or more, and other entities with annual tax liabilities of $20,000 or more, must make all payments to the Department of Revenue by electronic funds transfer.