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10. Governments have the power to and taxes. 11. Although the fiscal condition of the State of Illinois has not been good, the State
10. Governments have the power to and taxes. 11. Although the fiscal condition of the State of Illinois has not been good, the State is not permitted by federal law to 12. One solution to the high cost of local government in Illinois is to districts and townships. school 13. The good news for auditing firms in Illinois is that local governments have to be audited annually and the must be filed with the Comptroller of the State within after the close of the local government's fiscal year. 14. Nonprofit organizations must file Form 990 with the Internal Revenue Service each year. Unlike other tax returns which are private information, the information on Form 990 is open to
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