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IRS

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Business & Lifestyle

IRS, Treasury say tax filing deadline will stay at July 15

WASHINGTON (UPI) -- The Treasury Department and Internal Revenue Service say the tax filing deadline won't be extended beyond July 15. The normal April 15 deadline was postponed to July to help taxpayers facing hardship due to the coronavirus pandemic. There have been some calls for another extension, and Treasury Secretary Steven Mnuchin said the agencies mulled delaying it until September. "The IRS understands that those affected by the coronavirus may not be able to pay their balances in full by […]

todayJune 30, 2020 5

Illinois tax returns
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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

Business & Lifestyle

Christian County Sheriff issues advisory regarding IRS scams

TAYLORVILLE (Heartland Newsfeed) -- The Christian County Sheriff’s Department has received several complaints from citizens reporting they have received phone calls from people claiming to be the Internal Revenue Service (IRS). The caller will ask for personal information such as social security numbers or bank account numbers. The caller may also demand payment via prepaid credit cards or even iTunes cards. The callers may even disguise the phone number they are calling from to make it show up on caller […]

todayMay 22, 2018 2

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 2

Business & Lifestyle

Blackburn business students to assist with filing tax returns

CARLINVILLE (Heartland Newsfeed) -- The business department at Blackburn College will be offering IRS tax law-certified volunteers to assist low-to-moderate income taxpayers seeking help filing their taxes or are unable to electronically file their returns due to lack of computer or Internet access. Beginning Tuesday, Feb. 20 through April 13, Blackburn business students who are certified under the Internal Revenue Service's Facilitated Self Assistance (FSA) program will offer filing assistance for individuals choosing to electronically file their tax returns. These […]

todayFebruary 18, 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

Commentary

BERG: It’s the 199th birthday of Illinois! Hey, wait … come back

(Illinois News Network) -- Illinois celebrated its 199th birthday Dec. 3. The eventual Land of Lincoln first became a state in 1818. Back then, nearly all of Illinois’ fertile prairie was left unsettled. But it seems like Springfield is doing its best to return to that remote state, according to new data from the Internal Revenue Service. The IRS data dump Nov. 30 was a crummy birthday gift. But it underscored the biggest policy problem with which state lawmakers must […]

todayDecember 7, 2017 6

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