Gov. Pritzker announced today that his administration is extending the individual income tax filing and payment deadline from April 15 to May 17. The Illinois Department of Revenue (IDOR) will continue to process tax refunds for those filing ahead of the deadline.
The filing extension does not apply to estimated tax payments that are due on ... Read More ›
The Treasury Department and Internal Revenue Service announced that federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15th to May 17, 2021. According to the IRS News Release, taxpayers can also postpone federal income tax payments of the 2020 tax year due on April ... Read More ›
No one needs to tell nonprofit organizations how tough the past year has been. According to the John Hopkins Center for Civil Society Studies, 7.7% of not-for-profit workers — nearly one million people — lost their jobs between February 2020 and January 2021. An even higher percentage of arts and education organizations lost jobs last ... Read More ›