by Ashley Muchow A five-week tax amnesty period for those behind on their taxes this year began the 1st of this month. SB377, signed into law this summer, allows those who have accumulated back taxes between June 30, 2002 and July 1, 2009, to pay without penalty from October 1st to November 8th. Those tax...
by Brian Costin A recent Chicago Reader article highlights confusion among Chicago’s restaurants in regards to the recent Cook County sales tax reduction, and a myriad of different taxing districts within the city. Every retail establishment in Chicago must collect and turn over to the Illinois Department of Revenue a 9.75 percent “retailers’ occupation tax”—or sales tax. This...
by Mark Cavers In 2008, the Illinois Department of Revenue paid their 350 auditors a combined $26,618,331.92 in wages. 209 of these employees made over $80,000, with the top 16 individuals making $108,025.50. The Department of Revenue also employed 42 individuals as “revenue auditor trainees,” with their combined wages totaling $1,689,227.29. In total, the Department of Revenue...
In 2008, Illinois Department of Revenue employed 99 individuals at a combined cost of over $4.5 Million to run the State's lottery.
