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 TRANSACT BUSINESS in ILLINOIS 2021-2025

Bca 14 13 2021-2025 Form

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the following BL TV program is brought to you by O'Flaherty law please enjoy if you need some help please feel free to give us a call at six three zero three two four six six six six that's six two zero three two four six six six six we have four free consultations in many areas of law and we have several locations for your convenience thank you so much for watching and listening hi this is Angela learn about law and in today's video we discuss what tax is a small business might have to pay if operating in Illinois first let's start with sales tax if you sell physical goods widgets food products furniture etc whether online or inside a brick-and-mortar location you are responsible for collecting Illinois and usually the local municipalities sales and use tax and remitting these back to the appropriate tax agencies this does not apply to virtual non physical goods sold on the Internet make sure to register for a sales tax permit in Illinois as it is illeg

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