Publications

Articles on Taxation

Get the Tax Facts

By Jesse Bowman
March
2019
Column
Page 48
The Illinois Department of Revenue's website makes researching taxes less daunting.

Income tax complications clarified

December
2018
Illinois Law Update
Page 14
The Department of Revenue adopted three separately proposed rulemakings to provide guidance on how to correctly determine taxable income in Illinois (86 Ill. Adm. Code 100 (effective Sept. 24, 2018)).

Property tax collectors prohibited from publishing certain delinquent or forfeited property taxes

December
2018
Illinois Law Update
Page 14
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.

Tax amendments affecting out-of-state retailers displaying and selling items at Illinois trade shows and from out-of-state locations

October
2018
Illinois Law Update
Page 18
A new amendment to the Tax Code regarding the Use Tax (86 Ill. Adm. Code 150 (effective July, 27, 2018)) has been adopted by the Department of Revenue.

A Proper Assessment

By Pete Sherman
September
2018
LawPulse
Page 10
Cook County circuit court rules in favor of ISBA in lawsuit on behalf of Illinois property tax attorneys accused of acting as unlicensed real estate appraisers.

Employers required to file Illinois W-2 forms and returns electronically

June
2018
Illinois Law Update
Page 16
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.

Invest in Kids Tax Credit created

June
2018
Illinois Law Update
Page 16
The Department of Revenue adopted an amendment to the Income Tax regulations (86 Ill. Adm. Code 100) (eff. Feb. 28, 2018) creating the Invest in Kids Credit and implementing Public Act 100-465.

Retailers relieved of sales tax liability for “bad debts” write offs

May
2018
Illinois Law Update
Page 18
The Department of Revenue ("DOR") has adopted amendments to the Retailers' Occupation Tax Act that combine three separately proposed rulemakings and implement various Public Acts.

New exemptions to Retailers’ Occupation Tax

April
2018
Illinois Law Update
Page 16
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.

Changes in income tax exemptions

February
2018
Illinois Law Update
Page 18
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)).

Natural disaster credit for homeowners affected by 2017 flood

February
2018
Illinois Law Update
Page 18
The Illinois Income Tax Act has been amended to include section 226, which establishes a Natural Disaster Credit.

Property Tax Appeal Board allows electronic filing and service

February
2018
Illinois Law Update
Page 18
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.

Income tax filing deadline to match federal filing deadline

December
2017
Illinois Law Update
Page 16
The Department of Revenue amended section 100.7300 of the Income Tax administrative rules to match the state income tax filing due date to the federal due date.

Amendments for apportioning business income in Illinois

November
2017
Illinois Law Update
Page 20
The Department of Revenue amended two sections of the Income Tax Code regulations (40 Ill. Reg. 15878, 16711) to provide an alternate formula for apportioning business income in Illinois.

Changes to Retailers’ Occupation Tax rates

November
2017
Illinois Law Update
Page 20
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.

Achieving a Better Life Experience (ABLE) Account Program establishes tax advantage for disabled or blind people

September
2017
Illinois Law Update
Page 18
The Office of the Treasurer adopted the ABLE Program, which establishes a tax-advantaged program for disabled or blind people.

Implementation of the State Tax Preparer Oversight Act

August
2017
Illinois Law Update
Page 18
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.

Updates and changes made to Department of Revenue structure and private letter rulings

August
2017
Illinois Law Update
Page 18
Amendments addressing internal procedures and publications have been adopted by the Department or Revenue.

Tax changes may be required on ballot at general election only

July
2017
Illinois Law Update
Page 18
The proposed Local Government Property Tax Referendum Act would only allow tax changes to be submitted to voters at a general election.

What’s the status of the property tax exemption for charitable hospitals?

By Matthew Hector
July
2017
LawPulse
Page 12
The fourth district ruled that the statutory property tax exemption for charitable hospitals is unconstitutional, while the first district said it passes muster. What's the law of Illinois?

Special service area commissions created for municipalities, counties

June
2017
Illinois Law Update
Page 18
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.

College Illinois! 529 Prepaid Tuition Program participants will benefit from expansion of eligible institutions

March
2017
Illinois Law Update
Page 28
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.

Property Tax Code amended to remove gap in vegetative filler strip assessment procedure

March
2017
Illinois Law Update
Page 28
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.

Amendments to the Property Tax Code affect notice for erroneous homestead exemptions

January
2017
Illinois Law Update
Page 20
Amendments to the Property Tax Code (eff. Aug. 19, 2016) provide additional requirements for notice in regard to erroneous homestead exemptions in counties with more than 3 million inhabitants.

Federal income tax refund ruled part of yearly income, not addition

January
2017
Illinois Law Update
Page 20
The Third Appellate District determined that a husband's federal income tax refund for 2014 constituted part of net income for the year, not an addition to it.

Income Tax Code amended to limit application of taxpayer extension

January
2017
Illinois Law Update
Page 20
The Department of Revenue adopted an amendment that limits the automatic, upon request, six-month extension (7 months for corporations) for filing to taxpayers whose returns are due by April 15th.

Property Tax Code assessment of wind energy devices now applies through assessment year 2021 (instead of 2016)

January
2017
Illinois Law Update
Page 20
The provision of the Property Tax Code that accounts for annual inflation and depreciation of equipment in the valuation of wind energy devices now applies through 2021 instead of 2016.

Taxpayers subject to longer time frames for Department to claim deficiencies on returns and agency action affecting refund claims

November
2016
Illinois Law Update
Page 18
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.

Individuals with annual tax liabilities of $200k required to pay by electronic funds transfer

October
2016
Illinois Law Update
Page 18
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.

From the Discussions - Is a pension share transferred in divorce taxable to the recipient?

August
2016
Article
Page 30
Q. When one divorcing spouse gets a part of the other's pension as part of a court order, is that portion taxable to the receiving spouse?

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