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The Illinois CPA Society issued an Emergency Update today regarding an issue with the United States Postal Service and mailing of tax payments and correspondence to the Illinois Department of Revenue without a street address. This affects estimated tax payments ... Read More ›
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax reporting requirements that take effect for 2022. They don’t alter your tax liability, but they could add to your recordkeeping burden, as well as the number of tax-related documents you ... Read More ›