Illinois – Lawmakers Move To Boost Online Sales Tax Compliance

Lawmakers passed a legislative fix during the recently adjourned fall veto session that proponents say could help the state realize $380 million in annual tax revenue by increasing compliance with existing online retail transaction tax laws. Supporters say the new Continue reading Illinois – Lawmakers Move To Boost Online Sales Tax Compliance

Illinois – State Moves To Boost Online Sales Tax Compliance

Lawmakers passed a legislative fix during the recently adjourned fall veto session which proponents say could help the state realize $380 million in annual tax revenue by increasing compliance with existing online retail transaction tax laws. Supporters say the new Continue reading Illinois – State Moves To Boost Online Sales Tax Compliance

Illinois – Department Of Revenue Issues A General Information Letter On Use Tax Collection On Marketplace Facilitators

The Illinois Department of Revenue has issued a General Information Letter (GIL) on use tax collection for Marketplace Facilitators. The questions posed pertained to clarification on registration and filing requirements for “marketplace sellers” who sell exclusively with “marketplace provider(s)”. To Continue reading Illinois – Department Of Revenue Issues A General Information Letter On Use Tax Collection On Marketplace Facilitators

MULTI STATE – 10 States With the Highest Sales Taxes

Before you embark on a shopping spree in any of the 10 worst states for sales taxes, make extra room in your budget. Tennessee, for example, is in a tie for the highest sales tax in the country, at 9.47%, once Continue reading MULTI STATE – 10 States With the Highest Sales Taxes

Illinois – 2019 Illinois Tax Amnesty Program will be held 10/1/2019 through 11/15/2019

The Illinois Tax Delinquency Amnesty Act provides the opportunity for taxpayers to pay outstanding eligible tax liabilities and to have eligible penalties and interest forgiven on taxes paid in full during the amnesty period. If an eligible tax liability is Continue reading Illinois – 2019 Illinois Tax Amnesty Program will be held 10/1/2019 through 11/15/2019

Illinois – City Of Macomb Considers Putting Sales Tax On Cannabis Products

In just a few months, recreational marijuana will be legal in Illinois. One Tri-State town is looking at it as an opportunity for economic growth. Macomb Mayor Mike Inman said the city is setting the stage for someone to build Continue reading Illinois – City Of Macomb Considers Putting Sales Tax On Cannabis Products

Illinois – Retail Group Says New Internet Tax Law Crucially Flawed

A retail group argues that language in the recently signed internet sales tax bill actually hurts small businesses and brick-and-mortar stores, which it was meant to help. Illinois retailers and municipalities believed they had finally scored a significant legislative victory Continue reading Illinois – Retail Group Says New Internet Tax Law Crucially Flawed

Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

June 21, 2019 – One year since Wayfair – Anniversary Update. On this one year anniversary of the landmark decision virtually all states have responded with their enforcement intentions. The tax imposition is now retroactive. A Wayfair Process Review is Continue reading Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

Illinois – Residents Can Expect To Pay Higher Taxes When Shopping Amazon And Etsy Next Year. Here’s Why.

Shopping online would get more expensive for Illinois residents under a new measure passed by the state’s General Assembly that changes the way online sales are taxed. The changes would require online marketplaces, like Etsy and eBay, to collect state Continue reading Illinois – Residents Can Expect To Pay Higher Taxes When Shopping Amazon And Etsy Next Year. Here’s Why.

Quantum Sales Tax