Illinois taxes

Illinois Small Business Jobs Creation Tax Credit

By on Jul 31, 2012 in Illinois taxes, Uncategorized | 0 comments

Small Business Jobs Creation Tax Credit Program FAQ’s What is the purpose of the Small Business Job Creation Tax Credit? Previously the Small Business Jobs Creation Tax Credit (Public Act 096-0888) was a pilot program created to help reverse the trend of high unemployment in Illinois and to help spur the economy to recovery, by assisting and encouraging small...

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ILLINOIS TAX UPDATE

By on Jan 16, 2012 in Illinois taxes, Uncategorized | 0 comments

Illinois has adopted several new income tax laws which take effect in 2012. Most notably, on December 16, 2011 the Governor signed into law P.A. 97-0636, which provided for corporate tax relief, along with several individual tax and estate tax modifications. Here are the major new Illinois tax laws that you should be aware of for 2011 and 2012: Individual Tax...

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