Categories: Chicago

Tax Amnesty Program announced by IDOR

The Illinois Department of Revenue (IDOR) announced a tax amnesty program. It is a one-time tax amnesty program for the taxpayers who incurred the tax liabilities Between July 1, 2011, and June 30, 2018. The program will begin from October 1, 2019. The penalties and interest will be waived for the eligible taxpayers who paid their tax liabilities in full.

The IDOR will receive the paperwork from the eligible taxpayers until November 15, 2019. The taxpayers can pay the full payment on their liabilities in order to get the benefits from the program. David Harris, the acting director of the IDOR, said, “Now is an excellent opportunity for taxpayers with tax liabilities to pay what they owe and come into compliance with the law”. The taxpayers will get the benefit from this program without any penalty and interest.

Harris added, “This allows them to have a clean tax slate with the State of Illinois.” The main aim of the IDOR is to win the trust of the citizens that they are treated equally. The tax amnesty program was proposed by JB Pritzker, the governor of Illinois, during the budget negotiations. The General Assembly agreed with the proposal of Pritzker and the program was included in the current fiscal budget.

The taxpayers need to pay full tax liabilities before November 15, 2019, for availing the opportunity of waived penalties and interest. The IDOR will mail the eligible taxpayers in which it will tell them the tax liabilities that they need to pay. The department will also guide them with the procedure of payment. The taxpayer can also get information about the program from the official website of the Illinois government. Information is given on the IDOR’s Amnesty Program page.

The program includes most types of liabilities and penalties. Some fees are excluded in the program including bad check fees and outside collection agency fee. The tax which is not collected by the IDOR is also excluded in the tax amnesty program.

Gabriella Remillard

Staff writer for the Chicago Morning Star

Recent Posts

Illinois Voters Weigh Federal Scholarship Tax Credit

Voters in 32 Illinois counties will be asked to weigh in on an education-related advisory question during the March primary…

17 hours ago

Chicago Council Targets ICE Ties Amid Fiscal Strain

Chicago continues to face mounting financial and public safety challenges, including persistent budget deficits, growing pension obligations, population decline, and…

1 day ago

Allen’s 40 Highlights Busy Night Around the NBA

Jarrett Allen delivered a career performance Sunday night, scoring a personal-best 40 points to headline a busy slate of NBA…

4 days ago

Winter Storm Deaths Rise as Power Outages Persist

A massive winter storm moving across the eastern United States has been linked to multiple deaths, widespread power outages, and…

1 week ago

Simons Focused on Court as Celtics Host Blazers

Despite persistent trade speculation surrounding Anfernee Simons, the guard continues to make his presence felt on the floor for the…

2 weeks ago

Illinois Loses Guard Kylan Boswell to Hand Injury

Illinois will be without starting guard Kylan Boswell for several weeks after he suffered a bone fracture in his right…

3 weeks ago

This website uses cookies.