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As Illinois Senate committee prepares hearing on unemployment, employers and employees want answers


Normal, IL, USA / www.cities929.com
Feb 9, 2021 2:30 PM
(The Center Square) – A virtual hearing Wednesday of the Illinois Senate Labor Committee will focus on the issue of unemployment insurance. A group representing small and independent employers has some major concerns they hope are addressed.
There are stories all across the state of the problems plaguing the state’s unemployment agency.
Kurt Mika works in human resources in Glen Elynn and retains his job. He said he was notified someone took out benefits in his name. He was then told to pay back money he never received and never requested.
“Anybody who was in the state could look at my unemployment taxes being withheld and look and say ‘you know what, this person has never been out of work, let’s put a hold on this one’,” Mika said. ....

United States , Glen Elynn , Mark Grant , Linda Holmes , Kurt Mika , Center Square , Illinois Senate Labor Committee Chairperson , National Federation Of Independent Business Illinois , Illinois Senate Labor Committee , Senate Labor Committee Chairperson , ஒன்றுபட்டது மாநிலங்களில் , குறி மானியம் , லிண்டா ஹோம்ஸ் , கர்ட் மைக்கா , மையம் சதுரம் , இல்லினாய்ஸ் செனட் தொழிலாளர் குழு தலைவர் , தேசிய கூட்டமைப்பு ஆஃப் சுயாதீனமான வணிக இல்லினாய்ஸ் , இல்லினாய்ஸ் செனட் தொழிலாளர் குழு , செனட் தொழிலாளர் குழு தலைவர் ,

Forgiven PPP Loans in Illinois Could Still Take Local Tax Hit


WBGZ Radio 2/7/2021 |
By Cole Lauterbach - Illinois Radio Network
Illinois businesses can accept their forgiven pandemic loans without worrying about paying federal taxes, but it s not yet clear if they ll owe the state.
In Illinois, 225,409 forgivable Paycheck Protection Program loans valued at approximately $22.85 billion were approved, according to the Small Business Administration. After the IRS decided that the forgiven loans were taxable as with other forgiven loans, Congress passed legislation in December making the change explicitly tax exempt. 
Whether states, who also impose a tax on forgiven loans, will agree is a different matter. 
“The question now becomes whether states are going to ensure that these aren’t taxed or is the allure of ‘free revenue’ going to be too much for states to resist,” said Morgan Scarboro, Manager of Tax Policy & Economist with Virginia-based government relations firm Multistate. ....

United States , New Jersey , Janet Millsbacked , Mark Grant , Morgan Scarboro , Tony Evers , National Federation For Independent Busines Illinois , Paycheck Protection Program , Small Business Administration , Small Business , Tax Policy , National Federation , Independent Busines Illinois , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , குறி மானியம் , மோர்கன் ஸ்கார்போரோ , டோனி எவர்ஸ் , தேசிய கூட்டமைப்பு க்கு சுயாதீனமான பஸின்கள் இல்லினாய்ஸ் , சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் , சிறிய வணிக , வரி பாலிஸீ , தேசிய கூட்டமைப்பு , சுயாதீனமான பஸின்கள் இல்லினாய்ஸ் ,

Forgiven PPP loans in Illinois could possibly take state tax hit


Normal, IL, USA / www.cities929.com
Feb 4, 2021 10:30 AM
(The Center Square) Illinois businesses can accept their forgiven pandemic loans without worrying about paying federal taxes, but it s not yet clear if they ll owe the state.
In Illinois, 225,409 forgivable Paycheck Protection Program loans valued at approximately $22.85 billion were approved, according to the Small Business Administration. After the IRS decided that the forgiven loans were taxable as with other forgiven loans, Congress passed legislation in December making the change explicitly tax exempt.
Whether states, who also impose a tax on forgiven loans, will agree is a different matter.
“The question now becomes whether states are going to ensure that these aren’t taxed or is the allure of ‘free revenue’ going to be too much for states to resist,” said Morgan Scarboro, Manager of Tax Policy & Economist with Virginia-based government relations firm Multistate. ....

United States , New Jersey , Center Square , Mark Grant , Morgan Scarboro , Tony Evers , National Federation For Independent Busines Illinois , Paycheck Protection Program , Small Business Administration , Small Business , Tax Policy , National Federation , Independent Busines Illinois , Janet Mills , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , மையம் சதுரம் , குறி மானியம் , மோர்கன் ஸ்கார்போரோ , டோனி எவர்ஸ் , தேசிய கூட்டமைப்பு க்கு சுயாதீனமான பஸின்கள் இல்லினாய்ஸ் , சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் , சிறிய வணிக , வரி பாலிஸீ , தேசிய கூட்டமைப்பு , சுயாதீனமான பஸின்கள் இல்லினாய்ஸ் ,

Small Businesses Seek COVID Legal Protections


WBGZ Radio 1/27/2021 |
By Greg Bishop - Illinois Radio Network
The vast majority of Illinois small businesses want COVID-19 liability protection and a check on the governor’s unilateral authority, according to the National Federation of Independent Business.
NFIB Illinois State Director Mark Grant said nearly 98 percent of respondents to a recent survey want the state legislature to give them liability protection.
“It’s really hard, I think, for folks to determine clearly that someone received or got COVID from a particular work site,” Grant told WMAY.
State Sen. Jason Plummer, R-Edwardsville, had a measure he filed last year that was never heard. He plans to file it again. He said it’s not just small businesses that would benefit from COVID-liability protection. Taxpayers would benefit too. ....

United States , Jason Plummer , Mark Grant , Chris Welch , Larryr Rogers Jr , National Federation Of Independent Business , Illinois Trial Lawyers Association , National Federation , State Director Mark Grant , Illinois Trial Lawyers , General Assembly , Speaker Chris Welch , ஒன்றுபட்டது மாநிலங்களில் , ஜேசன் ப்லமர் , குறி மானியம் , கிறிஸ் வெல்ச் , தேசிய கூட்டமைப்பு ஆஃப் சுயாதீனமான வணிக , இல்லினாய்ஸ் சோதனை வழக்கறிஞர்கள் சங்கம் , தேசிய கூட்டமைப்பு , நிலை இயக்குனர் குறி மானியம் , இல்லினாய்ஸ் சோதனை வழக்கறிஞர்கள் , ஜநரல் சட்டசபை , பேச்சாளர் கிறிஸ் வெல்ச் ,