Chicago Accounting Articles
Feb 28, 2013
Updated July 24, 2015 Why Was I Chosen For Audit Chicago Illinois? This is always the first question that clients ask. If you ask a Revenue Auditor, they will generally say that they don’t know, and were just assigned to complete the examination....
Feb 28, 2013
Updated July 24, 2015 What Is Sales Tax Chicago Illinois Sales tax or what Illinois tax law calls Retailers Occupation Tax is imposed on persons engaged in selling tangible personal property at retail. The tax is measured on the gross receipts of a...
Feb 28, 2013
Updated July 24, 2015 What Is Use Tax Chicago Illinois Use tax is imposed on any transaction which would be subject to regular sales tax, only the physical goods were delivered to an address inside the State of Illinois from another state. You are...
Feb 28, 2013
Updated July 24, 2015 Sales And Use Tax Audit Firms Chicago Illinois The number of sales and use tax audits being conducted on Form ST-1, by the Illinois Department of Revenue have been increasing in recent years. Many have said that this is a function...
Feb 28, 2013
Updated July 24, 2015 Sales Tax Audit Chicago Illinois Recently we have had a large increase in the number of sales tax audits occurring not just in Chicago, but in the entire State of Illinois. It seems that whenever the State runs out of money, they...
