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Chicago Illinois 1099 MISC 2022: What You Should Know

Tax Return — IL Business Tax Information.gov Tax Schedule — Internal Revenue Service Illinois Business Tax Information.gov For information about state income taxes, go to . (If you are having trouble with the “Find Info about Business” function on the home page, click here.) Taxes for Personal Use Tax and fees for personal use are determined by the individual taxpayer. However, some items are subject to state taxes, and businesses do charge fees for this service. If you are a small or mid-sized company, you will need to obtain a sales and use license to sell food products. If you are a large company or a sole proprietor that sells a full range of products from a single location, you may not need a sales and use license. You are responsible for: paying personal property taxes paying for any business-related permits or inspections paying for any property management service, unless you have permission from the property manager to use it from a property management licensing department for other fees as outlined by your state agency. For more information about Illinois taxation, you may review IRS Publication 1350. New Businesses — Illinois Commerce Board Frequently Asked Questions — For information on applying for a Business License Go to to find out how to apply for a Business License for the first time. You will need to fill out the Form LC-100, Illinois Business License Application, along with an Affidavit of Eligibility, along with payment of any fees required by your jurisdiction. You can check your business license status here: State License Number (SLN) & Status — The State of Illinois The Illinois Department of Commerce and Economic Opportunity (DCE) administers and enforces the state's general business licensing laws, including the Small Business Administration (SBA). The Illinois Department of Revenue (IDOL) administers the federal income tax. An Illinois business license application costs 75. If you have questions or need any additional information, contact your state licensing authority in person or by phone, or contact DO at at any time.

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