Information on 2013 filing, complete with local accountant contacts.
Today is the first day you can file your annual tax return. The Internal Revenue Service has revised its opening date for tax season — pushing it back eight days from previous years. The tax filing deadline is Monday, April 15, 2013. The IRS will begin accepting tax returns beginning today, Jan. 30, 2013. Most taxpayers should be able to file today, though some revised forms may not be immediately available. You can blame the delay on the federal "fiscal cliff" crisis and the new tax bill Congress passed just after Dec. 31. You can find more information in this Forbes article. Electronic filing season was originally set to start on Jan. 22 this year. As a result of the delay, nobody will get a refund in January, an H&R Block official …
The state legislature weighs holding back income taxes from local municipalities.
To cope with Great Recession revenue declines, the Village of Morton Grove slashed its staff, severely cut services, borrowed money, raised taxes and just barely managed to balance its budget this year on the head of a pin. Now the state legislature, which has its own budget hole to fill, is considering holding back between $530,000 and $1.76 million of state income tax money the village is due. To put that in perspective, the village would have to raise its property tax levy between 5.49 and 18.24 percent to make up for it. Or fire between seven and 22 police officers. Both of those are examples cited in an article on the village website, which encourages local residents to call lawmakers and urge them not to pass the cuts. “We are almost…
Businesses and individuals alike decry the last-minute vote to boost income taxes.
Niles residents and business owners didn't have anything good to say about the Illinois House and Senate legislators' vote Tuesday night to raise both personal and business income taxes. The vote, which will raise personal income taxes 66 percent, from a rate of 3 to 5 percent, and business income taxes 46 percent, from a rate of 4.8 to 7 percent, after Gov. Patrick Quinn signs it, according to news reports, came just hours before legislators' terms expired at noon Wednesday. No Republicans voted in favor of it, and 10 lame-duck Democrats who did made it their last significant vote before they exited the General Assembly. The bill calls for the tax rates to drop after four years. In Niles, government agencies did not see much immediate …
Paul Young
10:45 am on Thursday, May 5, 2011
You don't like the services move out of your parents' basement and go somewhere else where it is pay as you go. Good luck with that because freeloaders like you always ruin it for everyone else. more ›