Helpful Tips for Keeping Your Taxes In Order
Navigating State and Local Sales Tax Rates
Retail sales tax provides a straightforward method for collecting tax revenue. Unlike the income tax system, which can be intricate and confusing, sales taxes are
Illinois Receives a Failing Grade in Tax Friendliness
At JLW Tax & Bookkeeping Services, we recognize the importance of being informed about your state’s tax friendliness. A recent MoneyGeek study has provided insights
Consequences of Fraud
Navigating unemployment insurance is crucial for those seeking financial support during periods of joblessness. It serves as a safety net, offering a temporary cushion to
Certificate of Resale
Illinois businesses may purchase items tax-free to resell. Sales tax is then collected and paid when the items are sold at retail. To document tax-exempt
Understanding Illinois Earned Income Tax Credit (EITC) & Earned Income Credit (EIC)
Navigating tax season can be overwhelming, especially when trying to understand the intricate details of tax credits like the Illinois Earned Income Tax Credit (EITC)
Reporting and Preventing Identity Theft
The Illinois Department of Revenue (IDOR), along with the Internal Revenue Service (IRS), other states’ revenue departments and the entire tax industry, has intensified its