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.

Illinois – Chicago Collects $2 Million ‘Netflix Tax” To Bolster City Coffers, Other Cities And States Could Follow

The city of Chicago has become a pioneer in collecting tax revenue from digital entertainment like streaming videos and gaming. The “Netflix tax,” as it is called, is a 9 percent sales levy on streaming entertainment that has already brought Continue reading Illinois – Chicago Collects $2 Million ‘Netflix Tax” To Bolster City Coffers, Other Cities And States Could Follow

Illinois – Chicago Becomes 1st City To Collect ‘Netflix Tax’

Four years ago, Chicago imposed a 9% tax on streaming entertainment services, leading to a flurry of lawsuits. Now, the city has collected $2 million in sales tax from Sony and two online ticketing services, making it the first major Continue reading Illinois – Chicago Becomes 1st City To Collect ‘Netflix Tax’

IllINOIS – Cities Want In On Tax Revenue From Online Sales

A U.S. Supreme Court decision last year allows states to collect sales taxes from online retailers, even if they don’t have a physical presence in the state. Now, Illinois cities and counties want in on that action, too. “We just Continue reading IllINOIS – Cities Want In On Tax Revenue From Online Sales

Illinois – State Local Governments Want In On Tax Revenue From Online Sales

SPRINGFIELD — A U.S. Supreme Court decision last year allows states to collect sales taxes from online retailers, even if they don’t have a physical presence in the state. Now, Illinois cities and counties want in on that action, too. Continue reading Illinois – State Local Governments Want In On Tax Revenue From Online Sales

Illinois – Public Act 100-587 Enacts Nexus Standards, Effective October 1, 2018

The Illinois Department of Revenue’s FAQ page about IL Public Act 100-587 and “Wayfair” details answers to questions such as, “What is a remote seller,” “What activities should a remote seller examine to determine whether they have physical presence in Continue reading Illinois – Public Act 100-587 Enacts Nexus Standards, Effective October 1, 2018

Multistate – Wayfair Economic Nexus (ENexus) Enforcement Thresholds As of August 21, 2018

ENexus Thresholds As Of August 21, 2018 Ref No. State Enforcement Date Dollars of Sales Number of Sales Enexus Threshold 1 OH 1/1/2018 $25,000 0 25/0 2 PA 4/1/2018 $10,000 0 10/0 3 HI 7/1/2018 $100,000 200 100/200 4 ID Continue reading Multistate – Wayfair Economic Nexus (ENexus) Enforcement Thresholds As of August 21, 2018

Illinois – Save On Back To School Items Without Sales Tax Holiday

This is the eighth year in a row Illinois families won’t benefit from a back-to-school tax free weekend. Only 16 states are offering a tax free weekend this year, including border states Wisconsin and Missouri. However certain items are less Continue reading Illinois – Save On Back To School Items Without Sales Tax Holiday

Multistate – Wayfair Economic Nexus (ENexus) Thresholds As of July 24, 2018

ENexus Thresholds As of July 24, 2018 Ref State Date Number of Sales Dollars of Sales Enexus Threshold 1 IN 1/1/2017 200 $100,000 100/200 2 WY 1/1/2017 200 $100,000 100/200 3 RI 8/17/2017 200 $100,000 100/200 4 ME 10/1/2017 200 Continue reading Multistate – Wayfair Economic Nexus (ENexus) Thresholds As of July 24, 2018