Chapter 11 Bankruptcy Attorney for Illinois Sales Tax
Filing Chapter 11 Bankruptcy for Illinois Sales Tax If your Illinois sales tax certificate of registration has been revoked in the Chicagoland area and the IDOR has rejected your installment agreement, Chapter 11 Bankruptcy may be your only option. A payment plan for unremitted sales tax is usually your only bite at the apple. Once […]
Illinois Sales Tax Voluntary Disclosure Attorney
Voluntarily Disclose for Unreported and Underreported Illinois Sales Tax The Sales Tax Problem Many Business Owners Face Most business owners are honest, hardworking people who fully intend to make the money back in a few weeks or possibly catch up with next month’s sales tax return. Before long, a taxpayer can find themselves several months […]
Are Services Subject to Illinois Sales Tax?
Are Both Products and Services Subject to Illinois Sales Tax? Question: Why is it that when Nancy buys nail polish she pays sales tax, but when she gets a manicure she does not have to pay sales tax? Answer:In the first scenario, Nancy is buying a product, so the store owner is responsible for collecting […]
Illinois Sales Tax Underreporting
Illinois Sales Tax Fraud Defense Message from the Illinois Attorney General Lisa Madigan and the Illinois Department of Revenue (DOR) An Aurora gas station owner was sentenced to two years in prison for defrauding the state of more than $250,000 in sales taxes. Kane County Circuit Court Judge Marmarie Kostelny sentenced Bhavesh Gandhi, 40, of […]
Chicago Gun Sales Tax
Tax on Firearms in Cook County Cook County’s New Firearm Tax The Cook County Board of Commissioners voted 9-7 to impose a $25 tax on each firearm sold. The tax is expected to raise $600,000 in revenue in 2013. The public policy behind this legislation is to offset the cost of healthcare provided by the […]
Illinois Gas Station Sales Tax Audit
A quote from the Office of the Attorney General:“An ongoing investigation launched by the Attorney General’s Office and Department of Revenue’s Criminal Investigations Bureau in November 2009 has resulted in $67 million dollars recovered by prosecutors since they targeted gas-station offenders beginning in late 2009.” The Challenge for Gas Station Owners As an owner of […]