Universal Accounting Solution

Tax news of the day:

For those owed a refund, there is no penalty for filing a late return. By law, 2014 returns must be postmarked by April 17, 2018.

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How to get your share of $1.1 billion in unclaimed tax refunds If you didn't file a tax return for 2014, time is running out to claim your share of the more than $1 billion in unclaimed tax refunds from that year.

Tax tip of the Day:

The American Opportunity Credit can save you up to $2,500 in tax for the education expenses of each eligible student - you or your dependents. To qualify, the student must pursue a degree at a school that is eligible to participate in the federal student aid program.

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Tax Tip of the Day:

If you donate money or goods during the year to a qualified charitable organization, you're generally entitled to a charitable deduction.

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Useful IL tax resourse links:

Illinois Department of Revenue - http://www.revenue.state.il.us/ #&panel1-1

Income Tax Refund status for Illinois - https://mytax.illinois.gov/_/ #2