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News from the Reference Desk

Illinois’ Tax Amnesty Program

State legislation signed earlier this year allows taxpayers an extension to pay overdue state taxes without penalty or interest.  Details of the program are available at the Illinois Government News Network or at the Illinois Department of Revenue.  The state’s Taxpayer Assistance Center representatives are available Monday through Friday, 8 a.m. to 5 p.m., at 1-800-732-8866 or 217-782-3336.

By MPPL on October 5, 2010 Categories: Taxes

Tax Impact of Job Loss

The I.R.S. participated in a MoneySmart program last week and we wanted to make the materials avaible to those who were not able to attend.  Both publications contatin valuable information regarding what income is taxable, pensions/IRA withdrawals, unemployment compensation, and where to receive clarification for expenses incurred while searching for a position with your field.

Download Pub 4128 Job Loss

Download Pub 4763

By MPPL on April 26, 2010 Categories: Employment, Jobs, Taxes