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The Taxpayers’ Federation of Illinois is the state’s most respected non-partisan state and local tax and fiscal policy advocacy organization. We conduct policy research, educate public officials and others on current issues, advocate for a responsible tax structure that encourages economic growth, and support efficient delivery of ...
- Members
We’ll also be meeting separately, with legislative and...
- Publications
Scrutinizing the Relationship Between Chicago Retail Sales...
- Contact Us
Benefiting Illinois Taxpayers for over 75 Years. Let's...
- About Us
The Taxpayers’ Federation of Illinois was issued its State...
- Board of Trustees
Benefiting Illinois Taxpayers for over 75 Years. Let's...
- Statement of Principles
The Taxpayers’ Federation of Illinois supports sound tax...
- Staff
President Emeritus. carol@illinoistax.org. Carol Portman was...
- Income Tax Committee
Taxpayers' Federation of Illinois | Income Tax Committee....
- Membership Benefits
TFI members keep up to date on current (and likely future)...
- Members
TFI Tax Facts: Net Operating Losses in Illinois and Around the Country: Matching Taxes to the Business Cycle . May 2024 (77.4) The Net Operating Loss (NOL) deduction is a frequent target of those seeking to increase state revenues by “closing corporate loopholes” or “making businesses pay their fair share.” NOLs are not loopholes, however, and have been adopted by the fed