Illinois Sales Tax Holiday 2025. Federal retirement plans in the united states, such as 401(k), 403(b), sarsep, and 457 plans, along with simple plans, offer. Looking ahead to 2025, the idor is expected to implement several changes to the direct pay permit requirements, reflecting a broader trend toward tightening tax.
Under hb 4951 and effective july 1, 2025, illinois will become the first state in the nation to prohibit debit and credit card networks and issuers from imposing interchange fees (better known as โswipe feesโ) on sales taxes,. (wtvo) โ it will cost families a little less to get their kids ready for the school year as the stateโs sales tax holiday on school supplies just kicked in.