Secured use of overpayments as periodic offsets against audit liability findings, nearly eliminating liability and reducing related interest on net tax resulting.
Nonprofit Organization
Effective January 1, 2026, a remote retailer or marketplace facilitator is required to register for Illinois sales tax (i.e., State and local Retailers' Occupation Tax (ROT)) if the retailer or facilitator makes $100,000 or more in cumulative gross receipts from sales of TPP to purchasers in Illinois during a 4 calendar quarter lookback period. Prior to this change, Illinois alternatively considered economic nexus to exist if the seller made 200 or more separate transactions for the sale of TPP to purchasers in Illinois.
With the passage of Public Act 104-0006, Illinois follows the trend of states that have ...
read moreAs we have previously reported, since the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, 585 U.S. __ (June 21, 2018), forty-three (43) states have adopted economic nexus provisions for sales tax compliance purposes. The biggest trends right now are that states are revising their thresholds and also adopting marketplace nexus ...
read moreAs we have previously reported, since the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, 585 U.S. __ (June 21, 2018), forty-three (43) states have adopted economic nexus provisions for sales tax compliance purposes. Arizona and Oklahoma are most recent states to enact an economic nexus provision for remote sellers.
Since ...
read moreAs we have previously reported, since the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, 585 U.S. __ (June 21, 2018), forty-two (42) states have adopted economic nexus provisions for sales tax compliance purposes. The most compelling change for states that have adopted economic nexus is that California has enacted Assembly ...
read moreSince the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, 585 U.S. __ (June 21, 2018), forty-two (42) states have adopted economic nexus provisions for sales tax compliance purposes. With the state legislative sessions in full swing, we are seeing the predictions become a reality. The most compelling change is the ...
read moreSince the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair, 585 U.S. __ (June 21, 2018), we now have thirty-eight (38) states that have adopted economic nexus provisions for sales tax compliance purposes. With the state legislative sessions in full swing, we are seeing the predictions become a reality. We highlight ...
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