Tax Breaks

Tax Tips: What All New College Grads Need To KnowWelcome, students, to taxes for recent graduates 101.
Durbin, Oberweis Clash Over Tax Break LegislationU.S. Sen. Dick Durbin (D-IL) and the Republican state lawmaker who wants to unseat him have been clashing over proposed legislation favoring companies that keep jobs in America, over those that move operations overseas.
Durbin Calls For Tax Credit For Companies That Employ Americans Senator Dick Durbin was on the Southwest Side Monday morning to push for what he calls the Patriot Employer Tax Credit, reports WBMM Political Editor Craig Dellimore.
Cook County’s Top Watchdog Suing Berrios For Ignoring SubpoenaCook County Inspector General Patrick Blanchard says Joe Berrios has been dodging a subpoena for nearly a year. Now Blanchard is taking the Cook County Assessor to court.
Lawmakers Pass Bill Demanding Open Books On Corporate Tax BreaksBefore adjourning the spring session and leaving Springfield last week, Illinois lawmakers sent Gov. Quinn a bill that would require the state to reveal the details publicly on corporate tax breaks.
Sears Holdings To Close 5 Illinois StoresThe stores to be shuttered are a Sears in Alton, a Sears Grand/Essentials in McHenry and three K-Marts -- in Oak Lawn, Zion and Peru.
New Illinois Law Raises Earned-Income Tax Credit Legislation aimed at helping poor Illinois families keep more of what they earn was signed into law Tuesday, a month after Gov. Pat Quinn signed companion legislation granting tax breaks and incentives aimed at keeping two big employers in the state.
Report: Corporate Tax Breaks Often Don't Mean Good Jobs In IllinoisIllinois is better at giving away tax breaks than at drawing good jobs as a result, according to a new national report.
Senate Passes Tax Breaks For Sears, CME GroupThe state Senate has approved a package of tax breaks designed to keep retail giant Sears and Chicago's main financial exchanges from leaving the state.
Illinois House Approves Tax Breaks For Sears, CMEThe Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges
House Reaches Deal For Tax Breaks For Sears, CMEIllinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.
Quinn: No Bidding War To Keep Sears Governor Pat Quinn says he's confident Sears will stay in Illinois but won't get into a bidding war to keep the retailer in the Chicago suburbs.
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