Editor's note: This piece was originally published in 2020 and has been updated to reference new changes in Illinois state law.
Illinois has passed bill SB 3362, amending the Leveling the Playing Field for Illinois Retail Act and now requiring remote sellers to collect sales and use taxes based on destination rates.
Under the existing law, enacted on January 1, 2021, remote sellers with some sort of physical presence in the state were only required to collect tax at 6.25% and were not required to collect any applicable local taxes.
Effective January 1, 2025, remote sellers, with some sort of physical presence, will need to collect state and local sales tax based on the sales destination rate. In-state retailers will still collect sales tax based on the rate that the sale originated from.
If you have any questions, contact Teri Grahn at 651-407-5889 or tgrahn@redpathcpas.com.
Jared Weiskopf, CPA: May 5, 2026
Washington has historically stood out as a state without a broad-based individual income tax. That will change at the beginning of 2028. In March of...
Joe Hellman, CPA: April 30, 2026
Artificial intelligence is no longer a future consideration in Mergers and Acquisitions. It is already here, and it is actively influencing how...
Karlie Johnson, CPA: April 28, 2026
If you work with retirement plan sponsors, you have likely heard a version of this before: “We just found out we need a 401(k) audit. No one saw this...
Teri Grahn, CMI