There are few organizations in the world more feared than the Internal Revenue Service. They're like the strict parent that you don't want to tick off. That's why many in Illinois are now concerned about stern warnings being issued to residents of the state about illegitimate tax credits being claimed.
It feels like a broken record to say "The taxes in Illinois are killer" but the numbers for 2024 are truly staggering. Here is why the experts say Illinois is the 2nd worst state in the country for property taxes...
In fact, I started to fill it out before I had all the relevant information. I mean, I had my W-2, but I ended up having to wait on the state to finish up what I needed to file.
There's certain things in life you can expect. Being born, breathing, eating, sleeping, working and dying. Oh yeah...I think there's a few years where Uncle Sam will want you to pay taxes, too.