Illinois PROPOSES Tax Amnesty!

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The Illinois General Assembly has introduced a bill (HB 4622) that would amend the Tax Delinquency Amnesty Act and create a Tax Amnesty period from January 1, 2010 through February 15, 2010.

The bill, as it currently stands, provides that interest and penalties for taxes due after June 30, 2002 and prior to January 1, 2010 shall be abated and not collected if those taxes are paid during the amnesty period.

For more information see HB 4622.

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