Michael Hernandez

Michael Hernandez

Franczek P.C.

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Illinois Dept. of Revenue Releases Final 2020 Cook County Equalization Factor

Yesterday the Illinois Department of Revenue released the final 2020 Cook County equalization factor.  The factor (sometimes referred to as the multiplier) for 2020 is 3.2234.  The final factor in 2019 was 2.9160, which means...more

6/30/2021  /  Department of Revenue , Property Tax , State and Local Government , Tax Assessment , Tax Liability

Illinois Department of Revenue Releases Tentative 2020 Cook County Equalization Factor

The Illinois Department of Revenue recently released the tentative 2020 Cook County equalization factor, also known as the multiplier. The preliminary factor is 3.0861....more

2/19/2021  /  Department of Revenue , Property Tax , State and Local Government , State Taxes , Tax Assessment , Tax Liability , Tax Planning
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