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.

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.

The Office of the Treasurer adopted the ABLE Program, which establishes a tax-advantaged program for disabled or blind people.

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.

Amendments addressing internal procedures and publications have been adopted by the Department or Revenue.

The proposed Local Government Property Tax Referendum Act would only allow tax changes to be submitted to voters at a general election.

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This Act removes the provisions in section 10-152 of the Property Tax Code, 35 ILCS 200/10-152, which would have repealed the section regarding vegetative filler strip assessment at the end of 2016, bridging the gap in the designated assessment procedure that might have otherwise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.

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.

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.

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.

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.

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.

A recent Senate bill proposes a new tax deduction for individual taxpayers that, if passed, would modify an individual's adjusted gross income for calculating "base income."

The Illinois Supreme Court's holding in Kean v. Wal-Mart Stores, Inc., 235 Ill.2d 351 (2009) spurred amendments to 86 Ill. Adm. Code 130 (eff. April 1, 2016) addressing the Department's regulations governing the taxability of transportation and delivery charges.

The Department adopted an emergency amendment to the Medical Cannabis Cultivation Privilege Tax Law in order to provide guidance to medical marijuana cultivators. 86 Ill. Adm. Code 429 (eff. Feb. 3, 2016).

The Department of Revenue made several changes to the Retailers' Occupation Tax pursuant to Pub. Act 96-1035 and Pub. Act 98-422. 86 Ill. Adm. Code 130 (eff. Aug. 26, 2015)

Under this amendatory act, the terms "penalties," "fees," "charges," and "taxes" now ensnare the amount of the total Illinois corporate income taxes paid under section 602 and section 803 of the Illinois Income Tax Act...

The Department of Revenue has amended the method of calculating the maximum allowable credit for taxes paid to other states.

The Property Tax Code has been amended to expand the property tax exemption for disabled veterans. The exemption now extends to property assessed up to a value of $100,000.

To comply with the Illinois Supreme Court's ruling in Hartney Fuel Oil Co. v. Hamer, 2013 IL 115130, the Department of Revenue has adopted amendments to the retailers' occupation tax, the use tax, and the service use tax.

In Cook county, if a property is assessed twice for the same year or was assessed prior to its becoming taxable, and if these taxes that were assigned in error were paid at sale or otherwise, or were overpaid by the same or different claimants, then the Cook County Treasurer will refund these taxes to the proper claimant.