Helpful Tips for Keeping Your Taxes In Order
Recent Changes to Illinois Income Tax Laws
As the new tax season draws near, Illinois taxpayers and tax professionals should be aware of some important updates to the 2024 Illinois Income Tax
Ensuring Financial Stability for Seniors through The Senior Tax Deferral Program
With property taxes on the rise, many senior citizens, particularly those on fixed incomes, face significant financial strain. In response to this issue, the Illinois
Rate Change for Out-of-State Depreciation on Motor Vehicle Use Tax
Attention all taxpayers filing use tax returns for vehicles: significant changes to the depreciation rates for out-of-state use of motor vehicles came into effect starting
How are Electric Vehicles Taxed in Your State?
In the ever-evolving landscape of automotive technology, electric vehicles (EVs) have emerged as pioneers in sustainable transportation. As these eco-friendly options become increasingly prevalent on
Navigating State and Local Sales Tax Rates
Retail sales tax provides a straightforward method for collecting tax revenue. Unlike the income tax system, which can be intricate and confusing, sales taxes are
Illinois Receives a Failing Grade in Tax Friendliness
At JLW Tax & Bookkeeping Services, we recognize the importance of being informed about your state’s tax friendliness. A recent MoneyGeek study has provided insights
