income tax

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IRS tax season

National

IRS: Tax season opens January 29

WASHINGTON (UPI) -- The Internal Revenue Service on Monday announced this year's tax filing season will officially begin on Jan. 29, when it will start accepting and processing returns for 2023. The agency said it expects more than 128.7 million individual tax returns to be filed and processed between then and the April 15 tax deadline. Americans who use software providers to file electronically or employ tax professionals to prepare their returns are free to file before Jan. 29, although the […]

todayJanuary 9, 2024 47

holiday shopping Christmas shopping sales tax taxation

Business & Lifestyle

OP-ED: Holiday shopping and the sales tax Scrooge

The average American will spend around $800 on gifts this Christmas. But making those holiday buys in Illinois will leave many families wishing they could get more bang for their buck. Illinois passed its first state sales tax – 2 percent on all retail goods – all the way back in 1933. It not only replaced revenue that came from the old statewide property tax, but brought in a lot of new money as well. Fast forward to today: Illinois’ […]

todayDecember 16, 2018 5

Letters To The Editor

TOSETTI: Get our acts together, start managing the present

Are you concerned? I am. This has nothing to do with politics, as I am a true independent and have been for a long time, knowing that there are good people on both sides. Lately there seems to be a lot of discussion on the State of Illinois and more particularly, rural America, the small towns in it, the counties and the townships, and the struggles most of them are facing. Having been in business 40-plus years with offices in […]

todayFebruary 20, 2018 4

Commentary

BERG: Hold on to your wallets, Springfield back in session for 2018

State lawmakers will start returning to their perches in Springfield Jan. 23. What can Illinoisans expect? 2017 left a bad taste in the mouths of many. The year began with an impasse and ended in a torrent of treacherous policy choices. In exchange for waiting out a historic budget logjam, Illinoisans were rewarded with the largest permanent income tax hike in the Land of Lincoln’s history. And state lawmakers couldn’t even balance the budget with that extra money, as they […]

todayJanuary 22, 2018 13

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