- Illinois updated nexus requirements for remote sellers by removing the 200-transaction count.
- Starting January 1, 2026, out-of-state retailers must register if they meet or exceed $100,000 in sales.
- Businesses not exceeding $100,000 in a 12-month period can deregister or defer registration.
- Businesses must monitor sales and re-register if they exceed $100,000 in sales.
- The update allows smaller businesses to streamline sales tax registrations.
- Remote sellers should assess their registration needs and prepare for changes.
- Sellers must monitor economic nexus quarterly based on the $100,000 sales threshold.
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United States"
- Sin Taxes Explained: How Cannabis and Other Vices Are Taxed and Why It Matters
- Key Differences Between U.S. Sales Tax and European VAT for Foreign Companies Selling in the U.S.
- California Entrepreneurs: Essential Sales and Use Tax Tips, Permits, and Filing Guidance
- How to File Sales Tax in Every State: 2026 Guide for Businesses
- Penny Elimination: Sales Tax Calculation and Cash Rounding Guidance for Retailers
