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Illinois DOR Announces Income Tax Changes for Qualified Small Business Stock, Expands PTE Options

The Illinois Department of Revenue (DOR) issued an informational bulletin announcing income tax changes enacted under Public Act 104-0468, effective July 1. Beginning with tax years ending on or after …

The Illinois Department of Revenue (DOR) issued an informational bulletin announcing income tax changes enacted under Public Act 104-0468, effective July 1. Beginning with tax years ending on or after Dec. 31, Illinois will decouple from the federal … [447 chars]

Source: Bloomberg Tax News | Published: 2026-07-08T19:52:35Z

Credit: Bloomberg Tax News

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