Better Business Blog

Illinois Democrats are floundering in their attempts to fix a $13 billion dollar shortfall and the ideas being floated are simply ludicrous. One proposal is to borrow more money. After recent downgrades of the state’s debt ratings by Moody’s this proposal is becoming not only more expensive but digging ourselves deeper in a hole. Other proposals include skipping payments to the state pension plan, delaying payments to providers of state services, and raiding state funds earmarked for other purposes.

Illinois Governor Pat Quinn needs your help.  Unable to come up with enough good ideas through his staff, Governor Quinn is turning to the citizens of Illinois to come up with ideas.
Have ideas? Click here to to go the Illinois website to submit them.
I’d love to hear your ideas as well. Post them as a [...]

When you purchase items subject to sales tax from an Illinois vendor, the vendor normally properly charges you sales tax.  However what happens when you purchase items from out of state, and that vendor is not required to collect sales tax on that purchase?
Illinois requires you to self-assess the sales tax; it’s called Use Tax [...]