By finding information about Illinois state tax filing, business owners can understand the state tax code and see how it applies to them. Business owners can use Illinois tax resources to find the necessary tax forms and file their taxes online.

Illinois business owners should be sure to:

1. Compare the Illinois local sales tax with that of other states.

2. Compile all of the necessary Illinois state tax forms to file taxes correctly.

3. File and pay all Illinois taxes online

Action Steps
The best contacts and resources to help you get it done

Compare Illinois local tax with other states

By comparing the different state and local taxes in Illinois, business owners can find the best states for them to set up shop. These tax breaks or burdens can really add up, so business owners should pay close attention.

I recommend: Bankrate outlines the different types of taxes including Illinois property taxes. Retirement Living compares Illinois tax requirements with those of other states.

Find Illinois state and local tax resources online

Illinois has several resources for business owners who need to understand state and local taxes. Use the state's websites to get all of the information and forms you need for your business.

I recommend: The Illinois Business Portal has a tutorial that includes everything you need to know about registering your business with the state and you can download any of the tax forms that your business might need. Also, the Illinois Department of Revenue publishes the sales tax rates throughout the state.

File and pay your Illinois state tax forms online

By filing your Illinois state tax forms online, you can save time, postage and ensure that the taxes were received. The state of Illinois makes filing electronically easy and has several payment options for business owners.

I recommend: Use Illinois Taxnet to file your sales and use taxes online. Also, you can use your own personal business tax software to file and pay your taxes. If you prefer, Illinois also allows business owners to telefile taxes.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Consider hiring a local tax attorney to find out ways that your business can save on Illinois local tax. An attorney can often find enough savings to more than make up for his or her salary.
• •  If you are unsure about how to file your Illinois state tax, contact the Department of Revenue and ask for help. The last thing your business needs is added fines because the taxes were filed incorrectly.