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https://www.cookcountyil.gov/service/cook-county-homeowner-relief-fund

Cook County Homeowner Relief Fund Cook County is launching the Cook County Homeowner Relief Fund, a $15 million program that will assist households that have experienced a substantial increase on their property tax bills in recent years.Under the direction of the Cook County Bureau of Economic Development, the Cook County Homeowner....

https://www.taxpayeradvocate.irs.gov/news/tax-tips/is-ai-generated-tax-advice-making-the-grade/2024/06/

Is AI Generated Tax Advice Making the Grade? From smartphones to social media algorithms and virtual assistants, artificial intelligence (AI) has permeated nearly every aspect of our lives, even taxes. But advice you get from an AI chatbot may not be as good as you think it is.

Educational Tax Credit
Tax benefits exist in the form of credits and deductions for those paying for higher education. We encourage students and their families to take advantage of such benefits offered in an effort to reduce the cost burden of college. Please read below and explore the links provided for more information.

Please note: Not all students or expenses are eligible for education tax benefits

CREDITS
An education credit helps with the cost of higher education by reducing the amount of tax owed on a tax return. If the credit reduces the taxes owed to less than zero, students and families may get a tax refund. There are two education credits available: the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit.

WHO CAN CLAIM AN EDUCATION CREDIT?
There are additional rules for each credit, but those seeking to claim them must meet all three of the following requirements for either credit:

Individual, their dependent or a third-party pays qualified education expenses for higher education.
An eligible student must be enrolled at an eligible educational institution.
The eligible student is the individual, their spouse or a dependent they list on their tax return.
If a student is eligible to claim the Lifetime Learning Credit and also eligible to claim the American Opportunity Tax Credit, individuals and families can choose to claim either credit, but not both.

The AOTC may not be claimed if a student was a nonresident alien for any part of the tax year unless they elect to be treated as a resident alien for federal tax purposes. For more information about AOTC and foreign students, visit American Opportunity Tax Credit - Information for Foreign Students.

DEDUCTIONS
Deductions reduce the amount of income that is subject to tax, thus generally reducing the amount of tax that must be paid. There are several education deductions available including those related to tuition and fees as well as student loan interest paid. For more information, visit the IRS Tax Benefits for Education Information Center.

1098-T FORM
A 1098-T is provided to undergraduate students by the beginning of February provided the student was enrolled at any time in the previous calendar year. Students not part of an undergraduate program, such as Continuing Education or Adult Education, do not receive a 1098-T.

https://www.irs.gov/newsroom/tax-season-rapidly-approaching-get-ready-now-to-file-2023-federal-income-tax-returns-in-early-2024

Tax season rapidly approaching: Get ready now to file 2023 federal income tax returns in early 2024 | Internal Revenue Service IR-2023-210, Nov. 13, 2023 — With the nation’s tax season rapidly approaching, the Internal Revenue Service reminds taxpayers there are important steps they can take now to help “get ready” to file their 2023 federal tax return.

https://www.heartlandalliance.org/chicago-resiliency-fund_
This program is open to College students as well!

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https://youtu.be/TpSZk-o8FyU

2023 IRS TAX REFUND UPDATE - New Refunds Approved, Tax Return Status, Path Act, Refund Holds, IRS On today’s IRS Tax refund update as we enter into week 3 of the current tax season, we will check in on the latest developments including the next batch of t...

When to expect EITC or Child Tax Credit refund in February? - Line Financial Blog During the 2023 tax season, if you claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), here's when you can expect to get your refund.