Teri Grahn, CMI
What DOT’s New DBE Rule Means for Your Business (and What to Do Next)
Effective October 3, 2025, the U.S. Department of Transportation (DOT) removed race- and sex-based presumptions of disadvantage from the...
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.
Redpath and Company Promotes 39 Team Members as It Enters New Fiscal Year
Redpath and Company: October 1, 2025
MINNEAPOLIS, MN – October 1, 2025 – Redpath and Company, a leading certified public accounting firm headquartered in Minnesota, today announced the...
Understanding Endowment Funds: A Strategic Asset for Long-Term Stability
For many mission-driven organizations, financial sustainability is just as critical as programmatic impact. Among the most powerful tools for...