Illinois Sales Tax Explained | Rates, Forms, Registrations, and More

On January 1st, 2021, things changed pretty drastically for Illinois sales tax, especially for ecommerce sellers. Instead of filling Use Tax Returns, now you have to register for and file Retailers' Occupational Tax Returns. But how?

In this video, Kexin covers pretty much everything you need to know about Illinois sales tax for online sellers, specifically ecommerce businesses. Ecommerce sales tax can get complicated, especially as each state has different economic nexus thresholds, rules, and they are constantly changing and updating sales tax laws.

👉 What rates you should be collecting as a remote seller vs. an in-state seller for Illinois
👉 What account you should register for
👉 Why you're getting all these registration certificates all the time
👉 How to fill out the ST-1 & ST-2 forms

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🔥 If you need help with your ECOMMERCE SALES TAX, let us know. We specialize in it. Click here to contact us:
https://ledgergurus.com/ecommerce-accounting-services/sales-tax/?utm_source=youtube&utm_medium=referral&utm_campaign=il-st-explained

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⬇️ MORE STUFF YOU SHOULD CHECK OUT ⬇️

** SALES TAX COMPLIANCE PLAYLIST: **
https://www.youtube.com/playlist?list=PL8z_d3aPaZE8b2eNr3zUkubQzO4qQALbt

** ADDITONAL RESOURCES: **
https://www2.illinois.gov/rev/research/taxinformation/sales/Pages/Level-the-Playing-Field.aspx

** The flow chart Kexin mentioned: **
https://www2.illinois.gov/rev/research/taxinformation/sales/Documents/Registration%20Resources%20for%20Remote%20Retailers.pdf

** For more info about our SALES TAX COURSES, click here: **
https://ledgergurus.thinkific.com/collections/sales-tax?utm_source=youtube&utm_medium=referral&utm_campaign=il-st-explained

** For a clear idea of where you are in the process of sales tax compliance, take our SALES TAX QUIZ: **
https://ledgergurus.com/sales-tax-maturity-assessment/?utm_source=youtube&utm_medium=referral&utm_campaign=il-st-explained

** If you're interested in our ECOMMERCE ACCOUNTING SERVICES, click here to contact us: **
https://ledgergurus.com/ecommerce-accounting-services/?utm_source=youtube&utm_medium=referral&utm_campaign=il-st-explained

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