Get Illinois Icb 2

This Notice of Proposed Tax Liability is basically Illinois' written notice to you that you have been under audit and the audit is complete. This is the auditor's proposal of changes. What do those changes mean? They mean that Illinois has made a determination of whether your company owes additional tax.

The Illinois Department of Revenue (IDOR) sends letters and notices to request additional information and support for information you report on your tax return, or to inform you of a change made to your return, balance due or overpayment amount.

Form IL-2848-AH is available on the Department's website at tax.illinois.gov. Include copies of all notices you are protesting. You cannot protest a notice that does not provide you with the right to an administrative hearing.

The Illinois income tax rate is 4.95 percent (.0495). The personal exemption amount for tax year 2022 is $2,425. Refund and amount you owe were combined under Step 11.

The Internal Revenue Service (IRS) will send a notice or a letter for any number of reasons. It may be about a specific issue on your federal tax return or account, or may tell you about changes to your account, ask you for more information, or request a payment.

In order to convict you of a tax crime, the IRS does not have to prove the exact amount you owe. But such charges most often come after the agency conducts an audit of your income and financial situation. Sometimes they're filed after a tax collector detects evasion or fraud.