While federal taxes are hefty, Illinois is no slouch when it comes to the tax percentages it employs. This includes a 9.5% corporate and a 4.95% individual income tax rate. When combined with the state’s aggressive collection and enforcement efforts, it doesn’t take much to feel the financial pinch.
According to WalletHub, Illinois charges the highest annual state and local taxes on median U.S. households — with an effective total rate of 15.05%. In other words, Illinois is serious about taking its fair share of your income — and isn’t shy about exerting its authority in the process.
Illinois tax collection agencies are good at what they do, but you are not alone out there. We offer professional consultations focused on individualized strategization that’s geared toward results, which translates to tax relief.
Every day that passes, your debt to the State grows through interest and penalties. We can give you a plan that won't cripple your business in the process