For a family owned shop on Main Street, their sales tax situation is relatively straightforward. They are required to collect and remit to the appropriate authorities the applicable sales tax for their…
Category: Blog
SALES TAX AND USE TAX
Most of us understand sales tax fairly well. Buy something in Illinois and Illinois sales tax will show up on your receipt, as well as other municipality taxes. Use tax is not…
SALES TAX UPDATE
It wasn’t all that long ago when income tax was the main topic of conversation in the world of tax. Especially in Illinois, once the national debate over the Bush tax cuts…