Tax & Accounting Blog

Tax Commission to Provide Relief for Victims of the Tornado Disaster that Occurred on May 19 and 20, 2013

Tax Commission to Provide Relief for Victims of the Tornado Disaster that Occurred on May 19 and 20, 2013

For taxpayers affected by the tornado disaster who cannot report or make payments on time, the Commission will waive interest or penalty less than $10,000, so long as the taxpayer has voluntarily paid taxes due, filed reports and submitted a written statement of their situation.  The Commission is also approved to assist taxpayers in the … Read More

Illinois Electronic Withholding Deposit and IL-941 Filing will Move from WebFile system to MyTax Illinois System on July 1

Illinois Electronic Withholding Deposit and IL-941 Filing will Move from WebFile system to MyTax Illinois System on July 1

On July 1, 2013, the Illinois Department of Revenue will implement the third phase of the MyTax Illinois online tax account management program. This third phase of MyTax Illinois will provide return filing, payment, and account management for withholding income tax (Form IL-941 and IL-941-X). It will also provide account management and payment options for … Read More