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Another L For 150 Hours: Illinois Might Have Two New CPA Pathways Soon

Going Concern

Hot off Ohio’s governor signing into law a bill that introduces a bachelor’s only pathway to CPA licensure in that state , a pair of Illinois representatives have introduced a bill that would do the same for aspiring CPAs in their state. And the Illinois CPA Society is cheering it on. We surely didn’t see it coming.

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Drop shipment: simple yet complex for sales tax

TaxConnex

Let’s say a retailer based in South Carolina sells a baseball hat through its website to a customer in Illinois. The South Carolina retailer purchases the baseball cap from a distributor located in Arkansas and instructs the distributor to ship the baseball cap directly to the customer in Illinois.

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CPE Webcast Dec. 5 – Struggling with Workflow Chaos? Discover How Identifying Your Offerings Changes Everything!

CPA Practice

She returned to school to study accounting at Illinois State University, earned her CPA, and worked for Deloitte in Chicago for several years as a state and local tax accountant. Gail is a graduate of Indiana University where she earned a bachelor’s degree in journalism.

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PCAOB Fines Illinois Firm $50,000 Over Failures in 17 Broker-Dealer Audits

CPA Practice

Michael Coglianese, CPA PC was censured and fined $50,000 July 10 for violating U.S. auditing rules and standards in connection with 17 audit and attestation engagements for SEC-registered brokers and dealers.

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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? But for an entity-level business, you MUST first log into the MyTax Illinois system — it’s the only way to get it to work.

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Future sales tax trends

TaxConnex

States probably wont tackle this in a serious way soon ( Illinois has begun to try) but expect this discussion to be around a long time. Senate subcommittee hearing examining relief for small businesses from remote sales tax collection saw testimony that states should take a greater role in simplifying American sales tax.

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Professionals on the Move – June 2025, Part II

CPA Practice

Kurkowski is a graduate of University of Illinois at Urbana-Champaign and a member of the American Institute of Certified Public Accountants and Illinois Society of Certified Public Accountants. Thanks for reading CPA Practice Advisor!