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Whether it’s done through the Illinois Department of Revenue or the state’s comptroller, a taxpayer looking to these platforms to check on the status of their refund must be ready to provide ...
Created in 2012, the Tribunal is an administrative law forum of original jurisdiction for the adjudication of cases that involve determinations made by the Illinois Department of Revenue. These determinations may include notices of tax liability, and many of the cases heard by the Tribunal are appeals launched by taxpayers. There is a filing fee.
Key takeaways. Selling your home through a short sale can help you avoid foreclosure, but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay ...
For example, if you deducted $1,500 in state taxes last year, but your state refund this year was $2,000, you only need to report a tax refund of $500 on your federal income tax return.
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Unlike private debts, refund interception for the said taxation will often occur even if prompt prior payments were made. In many cases, the Department of Revenue (DOR) has the authority to intercept state tax refunds or refundable credits to repay debts owed to government agencies.
A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...
Refund advance loans spread to Canada through Liberty Tax Service and in time this company also moved into the United States market offering the same service. The proliferation of this tax loan practice coincided with the introduction of electronic filing by the IRS. Previous to this time refunds would take on average two to three months to ...