Friday, January 14, 2022

Illinois State Taxes 2022 Tax Season – Forbes Advisor

The tax rates on this page apply to the 2020 tax season as Illinois hasn't yet released its rates for the 2021 tax season. We'll update this page when they do.

Illinois state offers a personal exemption and tax credits, such as the earned income tax credit, and education expense credit.

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Publisher: Forbes Advisor
Date: 2022-01-12T11:07:23-05:00
Author: Kelly Anne Smith
Twitter: @forbes
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COVID and taxes: Tips from the experts | Local News | kptv.com

The IRS is warning that a resurgence of COVID-19 infections on top of less funding from Congress than the Biden administration had requested could make this filing season particularly challenging.

SALEM, Ore. (KPTV) – The Oregon Department of Human Services has announced an increase to income limits for food and childcare assistance.

Publisher: KPTV.com
Author: Kandra Kent
Twitter: @fox12oregon
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Italy likely to raise taxes on energy companies benefiting from price surge | Reuters

A gas burner is pictured on a cooker in a private home in Bordeaux, soutwestern France, December 13, 2012. REUTERS/Regis Duvignau/File Photo

ROME, Jan 12 (Reuters) - Italy is likely to increase corporate taxes on energy companies that have benefited from surgingpower prices, the Italian industry minister said on Wednesday.

Publisher: Reuters
Date: 2022-01-12T15:18:27Z
Author: Giuseppe Fonte Stephen Jewkes
Twitter: @Reuters
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Bloomberg - Are you a robot?
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Highlands property taxes unlikely to increase more than 4.9% — if at all | TribLIVE.com

Highlands School Board next week will consider limiting any real estate tax hike for next school year to 4.9%.

The board is expected to vote on staying under an inflation-based cap assigned each year to each school district in the state.

The move does not mean the district has to raise taxes at all. It’s just a notification to the state that it won’t raise taxes any higher.

Publisher: TribLIVE.com
Date: 2022-01-13T07:01:00-05:00
Author: Tawnya Panizzi
Twitter: @triblive
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Child Tax Credit Payments: How should you file your taxes? | Marca

A nyone in the United States who received the advance Child Tax Credit payments in 2021 will have to declare this when it comes to filing your taxes.

There were millions of families who benefitted from these monthly payments, which reduced their write-off at tax time, but that could trigger a bill, but this is contingent on your 2021 modified adjusted gross income.

Publisher: MARCA
Date: 2022-01-13T14:59:59Z
Twitter: @MarcainEnglish
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Ky. cops wouldn't pay state income taxes under new bill

FRANKFORT, Ky. — Police officers in Kentucky would be exempt from paying the state's 5 percent individual income tax under a House bill filed last week.

Rep. Ryan Dotson, R- Winchester, said his House Bill 141 is intended to make law enforcement a more attractive career option. The Kentucky Fraternal Order of Police supports the bill, Dotson said.

Publisher: Police1
Date: 7317D973E3CE78DD08DE035783C51409
Twitter: @PoliceOne
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