Tax season is here and maximizing your tax refund is likely a top priority. One Illinois non-profit is offering free tax assistance for Illinois residents who qualify.
The IRS has clarified that the special state payments issued to taxpayers in Indiana and Illinois do not have to be reported on taxpayers' federal filings.
The rebates and refunds residents in Illinois and Indiana received last year are "complex" and the IRS is advising taxpayers wait to file their 2022 returns.
I think it's probably safe to point out that no one likes tax season (unless they're in the tax preparation business) because it can be complicated, stressful, and it shows up every year.