Illinois Exit Tax 2025. This free webinar provides information about form changes for individual income tax, business income tax, withholding income tax, and sales tax. Pritzker’s recently proposed cut to the state standard income tax exemption in his fiscal year 2025 budget would reduce the deduction for qualifying households from $2,775 per.
Hb 4951 would make significant changes to a number of illinois’ tax laws, including: Effective january 1, 2025, retailers previously obligated to collect and remit illinois use tax (ut) on retail sales sourced outside of illinois and made to illinois customers are now.