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How To Make IL Dept Of Rev (IDOR) Business Tax And Extension Payments Online – UPDATED April 2025

Nancy McClelland, LLC

Did your accountant (possibly me) ask you to make a business tax payment for your Illinois pass-through entity, such as a Partnership or S-Corp — maybe an estimated tax payment or extension payment? On the Summary tab, look for the Business Income Tax section. (In Go to the “Summary” tab.

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How To Download Your IRS Account Transcript to Look Up Your Estimated Tax Payments (Updated Jan 2025)

Nancy McClelland, LLC

Our firm is located in Chicago, so to get a list of the estimated tax payments youve made to the state of Illinois, go to [link] (without logging in) and enter your SSN, Name, and the tax year in question. “Now What Do I Do With These Files?

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Growing pains at the highest-growth firms

Accounting Today

Practice management Top 100 Firms Growth strategies MORE FROM ACCOUNTING TODAY Practice management Katz, Sapper & Miller adds MichaelSilver Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois.

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On the move: RRBB adds partner

Accounting Today

ILLINOIS Jennifer Witts was hired as a partner in the client advisory services practice at CohnReznick, Chicago. Nomination information is available here. FLORIDA Stefano Comotti was appointed chair of the global board of the Institute of Internal Auditors, Lake Mary, for 2025-26.

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Senate Would Expand the Qualified Small Business Stock Exemption

Withum

For example, the SFC proposal would not increase the current $10,000 state and local tax (SALT) deduction limitation to $40,000, as the BBB would, and not including the increased limit in the BBB is a non-starter for many House representatives (the so-called SALT Caucus) from high-tax states such as New York, New Jersey, Illinois and California.

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Legalization and Taxation of Cannabis

TaxConnex

Among the first states to legalize marijuana some seven years ago, Washington collected $614 million in marijuana tax revenue last year. And Colorado raked in $362 million in marijuana taxes in 2020, a 30% jump from 2019. Other states doing well with tax on marijuana include Oregon, Nevada, Massachusetts, Illinois, and Michigan.

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Monthly Sales and Use Tax Update

TaxConnex

1, 2022, though, all retailers must apply the destination sourcing rules when calculating, collecting and remitting state sales tax. Illinois lawmakers have passed S.B. Marketplace sellers that properly remitted tax can file a claim for credit. As of Feb.