News – Friday, December 13, 2024
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FY 2025-14, The Illinois Gives Tax Credit Act
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Effective for tax years ending on or after December 31, 2025, the Illinois Gives Tax Credit Act creates an income tax credit for taxpayers who make a qualified contribution to a permanent endowment fund during the taxable year.
For more information, see FY 2025-14, The Illinois Gives Tax Credit Act.