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What's new in state sales and use taxes

TaxConnex

The state made permanent the sales and use tax exemption for tangible personal property sold to or used by a hospital owner that owns one or more hospitals licensed under the Hospital Licensing Act or operated under the University of Illinois Hospital Act, or a hospital affiliate that is not already exempt and meets the criteria for an exemption.

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Heads Up! Payroll Changes Coming in July

ThomsonReuters

The following local income tax rates will increase on July 1: (1) Cridersville increases to 1.5% The Chicago minimum wage for tipped workers will increase to $8.40 per hour for small employers, $9.00 per hour for large employers, and $6.60 per hour for youth workers. . The cash minimum wage for tipped workers is $6.60 Washington.

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