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Sen. Stoller starts police officer card drive - Vimarsana News

Sen. Stoller starts police officer card drive

Sen. Stoller starts police officer card drive Sen. Win Stoller Peoria – National Police Appreciation Week is May 9-15, and State Senator Win Stoller (R-Germantown Hills) is hoping residents throughout the 37th Senate District will help send a hearty thank you to law enforcement for the work they do to keep communities safe. “Members of our law enforcement have chosen to put their lives on the line in order to keep our communities safe,” said Sen. Stoller. “Their service and dedication should be recognized and appreciated.” Sen. Stoller is asking people to mail or drop off cards, han...

Report shows local pension debt continues to balloon as Illinois lawmakers seek solutions - Vimarsana News

Report shows local pension debt continues to balloon as Illinois lawmakers seek solutions

Normal, IL, USA / www.cities929.com May 5, 2021 | 3:44 PM (The Center Square) – A new report shows public safety pension debt for municipalities across Illinois is getting worse and some are worried there’s not enough focus on bringing about solutions. Wirepoints President Ted Dabrwoski presented the report Wednesday at a news conference alongside statehouse Republicans. The report looked at various metrics of public safety pension health and local budgets and when reviewing 175 of the state’s largest municipalities, excluding Chicago, there was an alarming trend. “In 2003, based on t...

Small Business Tax Deduction Bill Passes Senate - Vimarsana News

Small Business Tax Deduction Bill Passes Senate

WBGZ Radio 4/25/2021 | By Kevin Bessler - Illinois Radio Network Small businesses in Illinois, where taxes are among the highest in the nation, stand to benefit from a state senator’s legislation to alter tax deductions. The legislation passed the Senate on Thursday. The bill utilizes an IRS-approved method to allow pass-through entities to bypass the $10,000 cap on the State and Local Tax, or SALT, deduction. The sponsor of the bill, state Sen. Win Stoller, R-Germantown Hills, said the legislation has the potential to help up to 400,000 Illinois business owners save thousands of dollars a...

Senate Bill Would Allow New Business Tax Deductions - Vimarsana News

Senate Bill Would Allow New Business Tax Deductions

WBGZ Radio 4/23/2021 | By Greg Bishop - Illinois Radio Network In supporting a bill to let small businesses deduct from federal income taxes some state and local taxes, there’s bipartisan recognition of Illinois’ high tax burden. State and local tax, or SALT deductions were capped at $10,000 by the federal government in 2017. That impacts taxpayers paying high taxes in states like Illinois. State Sen. Win Stoller, R-Germantown Hills, has Senate Bill 2531 at the statehouse that would change state tax code so businesses can take advantage of a change the IRS approved allowing them to file ...

Illinois Senate bill allows small businesses to deduct high state and local taxes from federal returns - Vimarsana News

Illinois Senate bill allows small businesses to deduct high state and local taxes from federal returns

SPRINGFIELD, Ill. (IRN) — In supporting a bill to let small businesses deduct from federal income taxes some state and local taxes, there’s bipartisan recognition of Illinois’ high tax burden. State and local tax, or SALT deductions were capped at $10,000 by the federal government in 2017. That impacts taxpayers paying high taxes in states like Illinois. Win Stoller State Sen. Win Stoller, R-Germantown Hills, has Senate Bill 2531 at the statehouse that would change state tax code so businesses can take advantage of a change the IRS approved allowing them to file as an entity, rather th...

Source: wjpf.com