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Use this tag for questions related to rules and experiences specific to the State of Illinois in the United States.

2 votes
Accepted

Can I collect unemployment as an S-Corp owner and sole employee?

Some excerpts: In Illinois, as in most states, the base period is the earliest four of the five complete calendar quarters before you filed your claim for benefits. … You must register for work with the Illinois Employment Service, either online or in person. You must keep a record of your job search efforts, including the dates and places you apply for work. …
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1 vote

Tutoring Business Payroll Management

This is going to depend on the tax jurisdiction and I have no knowledge of the rules in Illinois. But I'd like to give you some direction about how to think about this. …
Brythan's user avatar
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36 votes

Opportunity to buy Illinois bonds that can never default?

If Illinois cannot go bankruptcy This is missing a few, very important words, "...under current law." … So you cannot rely on a lack of legal support for bankruptcy to protect any bond investments you might make in Illinois. …
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