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Illinois Department of Revenue

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Illinois child tax credit

Capitol News Illinois

Illinois child tax credit: who gets it, how much is it?

$50M tax credit program will provide up to roughly $300 for low-income families

SPRINGFIELD (Capitol News Illinois) -- In the final hours of their spring legislative session, Illinois lawmakers approved a tax credit of up to about $300 for families with young children.  The credit is available to Illinoisans with children under age 12 who qualify for the federal Earned Income Tax Credit, or EITC. Although it has exceptions, that credit is generally available to married couples earning up to about $60,000 and single people earning up to about $50,000, depending on the […]

todayJune 17, 2024 52

Illinois

Business & Lifestyle

Illinois hotels report record revenues for FY23

CHICAGO (Capitol News Illinois) – For hoteliers, business is booming in Illinois. On Monday, Gov. JB Pritzker, the state’s legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30. Across the state, hotels brought in $307.8 million, according to figures from the state’s Department of Revenue. That beats fiscal year 2019, the previous record year for hotel income and the last year before the pandemic upended […]

todayJuly 11, 2023 10

Nokomis

East Central Illinois Region

Nokomis council considers tree replacement at Johnson Park

NOKOMIS -- Two trees that have recently been cut down in Johnson Park in downtown Nokomis is being considered for replacement. The Nokomis City Council discussed the replacement during its regular meeting on Monday, Apr. 10. Commissioner Michael Glenn is in the middle of discussions with Bob Barnstable for recommendations of available tree options. Resident JoAnn Keele was present at the meeting and recommended the planting of October Glory on the western corners of the park. A large number of […]

todayApril 12, 2023 81

Nokomis Central Illinois

East Central Illinois Region

Nokomis council address brown water complaints

NOKOMIS -- The Nokomis City Council met in its regular session on Monday, July 11. Among the issues on deck are ongoing complaints relating to the declining quality of its water. Bryon McLean, a current water customer and Coalton village trustee, made a formal complaint. The complaint pertains to the brown water he's been experiencing. McLean notes that other residents of Coalton, who are still receiving water from Nokomis, are experiencing the same problem. Mayor Michael Holliday informed McLean that […]

todayJuly 13, 2022 10

East Central Illinois Region

Citizens expressed concern about ‘no parking’ ordinance in Nokomis council meeting

NOKOMIS (Heartland Newsfeed) -- Many residents were in attendance during the City Council proceedings on Monday night, Feb. 24 to discuss a 'no parking' ordinance on Pine Street that was passed at the previous meeting. Kristen Meiners, who resides on Pine, brought before the council that with the ordinance, she and her guests have no place to park their vehicles. If she has to park in her backyard, her children will have nowhere to play. It leaves many having to […]

todayFebruary 26, 2020 2

Business & Lifestyle

Illinois’ new parking tax takes effect Jan. 1; critics say it will cost jobs

SPRINGFIELD (The Center Square) -- To help generate $45 billion in new revenue for the Rebuild Illinois infrastructure plan, the state will start taxing parking businesses on Jan. 1. The tax will be 6 percent of the parking rate for hourly, daily or weekly parking. The tax rate will be 9 percent on monthly or yearly parking spaces. The new monthly revenue will then be used to pay for general expenses with the infrastructure plan. Because the tax doesn’t qualify […]

todayDecember 22, 2019 5

Illinois tax returns

Financial News

Illinois to start accepting tax returns Monday

SPRINGFIELD (Illinois News Network) -- The state of Illinois says it'll start processing tax returns on Monday, but it will be a while before you get your refund. If you file your Illinois taxes online, have your money deposited directly into your bank account and have an error-free tax return, you could see your refund in about a month. The Illinois Department of Revenue said it will start accepting tax returns Monday. The same day that the Internal Revenue Service will […]

todayJanuary 27, 2019 4

Financial News

Illinois taxpayers to wait a month for state tax refunds

SPRINGFIELD (Heartland Newsfeed) -- If you usually file your taxes in February, you can file your tax return, but you will likely be waiting a month until your receive your refund. Terry Horstman from the Illinois Department of Revenue says it's going to take some time for the state to start sending out any refunds. "The Department of Revenue is continuing with its fraud prevention measures," Horstman said. "We anticipate direct deposit refunds will be issued four weeks from the […]

todayFebruary 5, 2018 3

Business & Lifestyle

Filing season for Illinois state tax returns begins next week

SPRINGFIELD (Heartland Newsfeed) -- The Illinois Department of Revenue (IDoR) will start accepting state individual income tax returns for the 2017 tax year beginning next Monday, January 29, the same day the Internal Revenue Service (IRS) accepts Federal income tax returns. IDoR is reminding taxpayers to file returns electronically and request direct deposit, as it's still the fastest and most secure way to receive a refund, as they continue to focus on protecting taxpayers and the state government against fraud. […]

todayJanuary 22, 2018 1

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