Online Sales Tax Update

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Earlier this summer, the Supreme Court decision in South Dakota v. Wayfair redefined a state’s ability to collect sales tax from online retailers selling goods or services within the state. The case addresses a South Dakota law which requires out-of-state companies that sell goods or services to South Dakota purchasers which exceed minimum thresholds to […]

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The Sale of Gift Cards is not Taxed

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PLEASE NOTE:  If your business sells Gift Cards, they are exempt from sales tax in the state of Illinois, as they are simply the exchange of one form of currency into another form.  Eligible sales taxes of any type should only be charged when the gift card is used in the actual purchase of an […]

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8 Ways To Get More Out Of Your Chamber Of Commerce Membership

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There are many reasons to join your local Chamber of Commerce. Some of the obvious ones are networking opportunities, community involvement, and the trust that Chamber affiliation builds with your customers. Of course, there are many more benefits you receive from becoming a Chamber member, but many people don’t fully enjoy them. They wrongly assume that […]

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Mom-and-Pop Shops Are Threatening the Mall This Holiday Season

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Mom-and-Pop Shops Are Threatening the Mall This Holiday Season By Lauren Coleman-Lochner, Alexandra Stratton, and Janet Freund November 22, 2017, 7:00 AM CST Bloomberg News More bad news for America’s shopping malls: Consumers are shopping closer to home. And increasingly, home is not where the malls are. Spending growth at mom-and-pop businesses has outpaced that […]

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Why you should consider buying locally

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CTW Features For some, the shop-local experience is worth paying a few dollars more, even if an online search can turn up a cheaper price on an item. But while savings may be found if your’re only searching the price tag of a particular item, the bigger picture could sway even the most cost-conscious person […]

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