Call today for all traffic violations - Speeding, DUI, Suspended License, etc. Riverboats to conduct dockside gaming and enable the state's one dormant license.
When your business is up and running, visit our Tax Informationsection to learn about how to file your taxes, and see common City and County taxes for small businesses.Illinois attorney license lookup Kidneythieves - TaxicabĬurrent gaming Speak Up: laws to allow Illinois Other steps may be appropriate for your specific type of business. The list should not be construed as all-inclusive. You may register for an EIN with the United States Internal Revenue Service (IRS).įind links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. Businesses are required to obtain an EIN to file and pay any federal tax obligation. Obtain an Employer Identification Number (EIN)Īn Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a legal business entity. This includes sole proprietors (individual or husband/wife), and all legal business entities, including exempt organizations, who plan to hire employees, buy or sell products wholesale or retail, or manufacture goods. You must register with IDOR if you conduct business in Illinois, or with Illinois customers. Obtain an Illinois Department of Revenue (IDOR) Account ID Number (Formerly Illinois Business Tax Number – IBT) If you plan to do business as a legal business entity in Illinois, regardless if you are based in Illinois or not, you will need to register with the Illinois Secretary of State.
owner's full name and title) does not have to file an assumed name, but "Jones Wrecking" does. For example, a business called "John Jones, P.C." (i.e. An assumed name is issued to any business entity that uses a name other than the name(s) of the individual(s) who own or operate the business. The Clerk's Office registers business names known as "assumed names" for new businesses in accordance with Illinois law. For additional information about business and tax registration, please review the chart below:
The City of Chicago business tax registration is part of the business license application process. Internal Revenue Service (IRS) and Illinois Department of Revenue (IDOR). Limited Partnership (LP), Limited Liability Partnership (LLP), Limited Liability Corporation (LLC), Corporation, or Not-for-Profit Corporation (NFP)) must register with the Illinois Secretary of State.Īccordingly, you, or your licensed representative, must also register for your business taxes with the U.S.
Before you establish a business, please consult with a Corporate/Business Law Attorney or Certified Public Accountant (CPA), who specializes in your industry, for advice about what type of business entity will meet your business needs and what your legal obligations will be.