Category: Individuals & Families
The Illinois Gives Tax Credit offers a 25% income tax credit for gifts to community foundation endowments. Learn how it works and what it means for your planning.
Understand the changes you need to know, in minutes.
Filing a tax extension isn’t always a bad thing—in many cases, it’s a smart strategy. If you’re still waiting on documents or need time to review your return, an extension can help. Learn more about when and why to extend your tax return on our latest blog post.
The Treasury Department and Internal Revenue Service announced on March 17, 2021 that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.