Tax & Accounting Blog

Illinois Electronic Withholding Deposit and IL-941 Filing will Move from WebFile system to MyTax Illinois System on July 1

Illinois Electronic Withholding Deposit and IL-941 Filing will Move from WebFile system to MyTax Illinois System on July 1

On July 1, 2013, the Illinois Department of Revenue will implement the third phase of the MyTax Illinois online tax account management program. This third phase of MyTax Illinois will provide return filing, payment, and account management for withholding income tax (Form IL-941 and IL-941-X). It will also provide account management and payment options for … Read More

Why Should I Improve My State Apportionment Process?

Why Should I Improve My State Apportionment Process?

Over the last few years, tax departments still face the same three management objectives: Budget: Requests to do more with less, or to keep spending costs low without recognition of increased complexity and workload Risk Mitigation:  The need to get returns out the door, but we must also support provision reporting with an increased focus … Read More