Tag: Illinois Taxes

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Image shows a young woman with straight, dark hair and a serious expression making the "time out" symbol with her hands. Behind her are collection notices from the Illinois Department of Revenue. The background shows an image of the Illinois Capitol Building.
How to Stop Illinois Department of Revenue Collections (2024 Update)
Are you struggling with Illinois Department of Revenue collections? Do you have overwhelming Illinoi [...]
IRS Tax Penalties
IRS Tax Penalties
Tax penalties can lead to many sleepless nights for taxpayers who owe the Internal Revenue Service ( [...]
What is the Trust Fund Recovery Penalty?
The Trust Fund Recovery Penalty (TFRP) allows the IRS or a state tax board* to hold individuals pers [...]
Top 5 Advantages of an LLC - Should You Form an LLC?
Top 5 LLC Advantages for Your Business
You should consider forming an LLC if you want to save on taxes and gain added protection for your p [...]