Waverly is a small city in Morgan County, Illinois, United States. The population was 1,346 at the 2000 census. It is part of the Jacksonville Micropolitan Statistical Area. The two largest events in Waverly each year are the Waverly Holiday Basketball Tournament and the Old Fashioned Picnic. The Holiday Tournament is an invitational tournament held between Christmas and New Years. The Waverly Old Fashioned Picnic is held in late August, and includes music, games, food, carnival rides,the teen dance, the firemen games and most notably the bumpy wagon.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Illinois

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...