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  2. Uniform Transfers to Minors Act - Wikipedia

    en.wikipedia.org/.../Uniform_Transfers_to_Minors_Act

    The Uniform Transfers To Minors Act (UTMA) is a uniform act drafted and recommended by the National Conference of Commissioners on Uniform State Laws in 1986, and subsequently enacted by all U.S. States, which provides a mechanism under which gifts can be made to a minor without requiring the presence of an appointed guardian for the minor, and which satisfies the Internal Revenue Service ...

  3. Illinois Independent Tax Tribunal - Wikipedia

    en.wikipedia.org/wiki/Illinois_Independent_Tax...

    Created in 2012, the Tribunal is an administrative law forum of original jurisdiction for the adjudication of cases that involve determinations made by the Illinois Department of Revenue. These determinations may include notices of tax liability, and many of the cases heard by the Tribunal are appeals launched by taxpayers. There is a filing fee.

  4. Uniform Gifts to Minors Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act

    This allows a minor in the United States to have property set aside for the minor's benefit and may achieve some income tax benefit for the child's parents. Once the child reaches the age of maturity (18 or 21 depending on the state), the assets become the property of the child and the child can use them for any purpose.

  5. What is income tax? How it works, different types and what ...

    www.aol.com/income-tax-works-different-types...

    New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own ...

  6. Where’s My Refund? What Illinois Taxpayers Need To Know - AOL

    www.aol.com/finance/where-refund-illinois...

    If you're an Illinois resident or business owner, you have until April 18, 2023, to file your Illinois state income taxes. If you're expecting a refund this year, this quick guide explains how to...

  7. Illinois homeschoolers worry Trump tax credit could lead to ...

    www.aol.com/illinois-homeschoolers-worry-trump...

    (The Center Square) – Homeschool groups have concerns about President-elect Donald Trump’s proposed tax credit as Illinois lawmakers look at regulating the practice. Trump, in a video posted ...

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