ENHANCING THE VALUE OF THE CPA PROFESSION
LOGIN
JOIN
ABOUT US
CONTACT
Show/hide Search
ILLINOIS CPA SOCIETY
Menu
  • Membership
    • My Membership
      • My Profile
      • Renew
      • Member Benefits
      • Retired Member Benefits
      • Member Discount Program
    • Find a Member
      • Member Directory
      • Board of Directors
      • Committee, Advisory Council, Chapter & Member Forum
    • 100% Membership
      • Participating Firms
    • Join
      • Member Benefits
      • Applications
      • Dues
  • Future CPA
    • CPA Candidates
      • CPA Exam Resources
      • CPA Exam Award
      • Career Center
      • Become a Member
    • College Students
      • Become a Student Member
      • Scholarships
      • Mary T. Washington Wylie Internship Preparation Program
      • Jumpstart to Accounting
      • Student Influencers
      • CPA Exam Resources
      • Career Development
      • College Educator Resources
      • Virtual Career Fair
    • High School Students
      • Why Accounting?
      • Start Here, Go Places
      • High School Educator Resources
  • Career Center
    • Job Seekers
      • Search Jobs
      • Post Your Resume
      • Resources
    • Employers & Recruiters
      • Employer Login
      • Register
      • Pricing
  • Quick Find
    • Membership
      • Join
      • Renew My Membership
    • Being a CPA
      • Licensing & Registration
      • CPE Requirements
    • Connect With Members
      • Find a CPA
      • Advertise/Sponsor
Menu
  • Education
    • Search the Catalog
    • Programs
      • Chapters
      • Conferences
      • Courses
      • OnDemand
      • Summit22
      • Virtual Events
      • Webinars
    • Learning
      • Certificate of Attendance
      • CPE Tracker
      • CPE Transcript
      • eMaterials
      • OnDemand Access Pass Usage
      • Registrations
      • Surveys
    • Speak / Sponsor
      • Speaker Opportunities
      • Advertise/Sponsor
      • SUMMIT Call for Presenters
  • Information
    • Publications
      • Insight Magazine
      • Capitol Insight
      • Career Insight
      • Corporate Finance Insight
      • Public Practice Insight
      • Special Features
      • KnowledgeHub
    • Professional Issues
      • CPA Diversity
      • Decoding the Decline
      • CPA Profession 2027
      • Trust Is Not Enough
      • Culture Conflicts
      • CPA Pipeline
      • Audit Quality
      • Diversity & Inclusion
    • Technical Topics
      • Accounting and Financial Reporting
      • Auditing and Attest
      • Employee Benefits
      • Government
      • Not-for-Profit
      • Tax
    • Technology Resources
      • Disruptive Technologies
      • Knowledge Bytes
    • Licensing & Registration
      • Initial License Requirements
      • Renewing Your License
      • CPE Requirement for Licensing
      • Licensing FAQs
      • Find a Licensed CPA
      • Restoration of a License
      • Changing License Status to Inactive
      • Mobility
    • For the Public
      • Find a CPA
      • Peer Review Information for the Public
  • Advocacy
    • Peer Review
      • For Firms
      • For Reviewers
      • For Public
      • Peer Review Report Acceptance Committee
      • Peer Review Directory
    • CPA Endowment Fund of Illinois
      • Leadership
      • Programs and Scholarships
      • Scholarship Recipients
      • Donors
      • Donate Today
    • Government Relations
      • Take Action: Be Heard
      • Legislative and Regulatory News
      • Legislative and Regulatory Updates and Bulletins
      • Advocacy Toolbox
      • Capitol Insight eNews Digest
      • Illinois CPAs for Political Action
      • White Papers & Reports
    • Ethics
      • Ethics Inquiries
      • Complaint Procedures and Actions
      • Disciplinary Actions
  • Connections
    • Member Communities
      • ICPAS CONNECT
      • Center for Corporate Financial Leadership
      • Public Practice
      • Women
      • Young Professionals
      • Member Forum Groups
      • Chapters
    • Connection Events
      • All Connection Events
      • Town Hall Forums
      • Corporate Finance Events
      • Young Professionals Events
      • Women's Events
    • Volunteer Opportunities 
      • Volunteer Groups
      • CPA Day of Service
      • Volunteer Tax Preparation
      • Speak on Campus
      • Mentoring Opportunities 
  • Topics
  • Accounting & Financial Reporting
  • Advocacy & Government Relations
  • Artificial Intelligence & Robotics
  • Auditing
  • Blockchain
  • Business & Economics
  • Business Development
  • Career Management
  • Consulting
  • Corporate Social Responsibility
  • Corporate Strategy & Finance
  • CPA Firm Marketing
  • Cryptocurrency
  • Cybersecurity & Cybercrime
  • Diversity & Equality
  • Employee Benefits
  • ESG
  • Ethics
  • Financial Planning
  • Fraud & Forensics
  • Generational Trends & Challenges
  • Hiring & Retention
  • Human Resources
  • Law
  • Leadership & People Management
  • Legislation & Regulation
  • Medical Marijuana & Cannabis Business
  • Mergers & Acquisitions
  • Not-for-Profit
  • Peer Review
  • Personal Finance
  • Practice Management
  • Professional Education
  • Professional Issues
  • Risk Management
  • Startups
  • Students & Educators
  • Succession Planning
  • Tax: Business
  • Tax: Estate, Gift & Trust
  • Tax: Flow-Through
  • Tax: Individual
  • Tax: International
  • Tax: Planning
  • Tax: Practice & Procedure
  • Tax: State & Local
  • Technology
  • Women in Finance
  • Young Professionals

 

  • Homepage/
  • Information/
  • Publications/
  • Insight Magazine/
  • Topics/
  • Tax: State & Local

  • ‘Uncapping’ Illinois’ Property Tax Extension Limitation Law A simple property tax cap? It’s more complex than that.
  • Decoding Illinois’ Major Sales Tax Exemptions While all sales of tangible personal property are presumed taxable, Illinois law does offer various exemptions. Here’s a rundown of the state’s major sales tax exemptions.
  • Did Illinois’ Landmark Sales Tax Legislation Level the Field? Reviewing the Leveling the Playing Field for Illinois Retail Act 18 months after passage shows its impact depends on which team is on the field.
  • Demystifying Motor Fuel Taxes As Illinois’ leaders debate freezing taxes on gasoline and diesel, here’s your guide to the esoteric world of state, local, and federal motor fuel taxes.
  • Understanding the Tax Benefits of Illinois’ Invest in Kids Act This lesser-known program helps Illinois taxpayers maximize their charitable giving while supporting low-income students.
  • Jumpstarting Illinois’ Electric Vehicle Industry New legislation seeks to make Illinois a green transport hub with tax incentives for electric vehicle manufacturers and their suppliers.
  • Reviewing the Revised Uniform Unclaimed Property Act The newly amended RUUPA has major implications for businesses and the CPAs that advise them.
  • Tackling the Tiffs Over TIF Districts Tax increment financing is an economic development tool that has become increasingly complicated—and controversial.
  • How Remote Work Complicates Taxes Employees and employers alike must reckon with the tax implications of remote work policies.
123456
  • Membership
    Join | Renew | Find a Member
  • Future CPA
    Scholarships | Exam
  • Education
    Search the Catalog | Surveys
  • Information
    Licensing | Publications
  • Advocacy
    Peer Review | Gov Relations
  • Communities
    ICPAS Connect
  • Career
    Find a Job | Post a Job
  • Help
    Contact | Careers at ICPAS | About
  • Connect
    Advertise/Sponsor  | Press
ICPAS (Chicago)
550 W. Jackson, Suite 900, Chicago, IL 60661-5742
P: 312.993.0407 or 800.993.0407 (IL only) | F: 312.993.9432 

ICPAS (Springfield)
524 South 2nd, Suite 504, Springfield, IL 62701-1705
P: 217.789.7914 or 800.572.9870 (IL only) | F: 217.789.7924
Copyright © 2022 Illinois CPA Society  Terms of Use Privacy Policy CASL Compliance
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube