Illinois Sales Tax News

What Is an LLC? An LLC is a business structure similar to a sole proprietorship or a general partnership. According

Has the IRS Sent You a Notice of Audit? Let’s talk about this and something called a Document Request. If

What is an S-Corp? An S-Corp is a corporation that has received the Subchapter S designation from the IRS. A

Understanding Partnership Taxation A partnership is a pass-through entity, such as a Subchapter S Corporation. This business entity is between

C Corporation and S Corporation Differences Federal Taxation A C Corporation is taxed as a separate entity and must report

IRS Wage Garnishment and Levy Process Once the IRS sends you an “Intent to Levy” notice, they will contact your

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