Tax Laws

Get the information you need to make sure your business is in compliance with state and federal tax laws.

Resources online

Best databases

Best local links

Resources at the library

Books to use only at the library

  • CCH Federal Tax Guide (Reference/R/343.043/Com)

Fast facts from our info pros

Champaign City Taxes

(http://champaign.org/tax_laws/champaign_taxes)

Find some information and sources about Champaign and Illinois taxes.

Hotel Operators Occupation Tax

(http://champaign.org/tax_laws/hotel_tax)

The Illinois Tourism Facts website provided by the University of Illinois provides an annual report on the Illinois Hotel Operator‘s Occupation Tax.

IRS Business Information

(http://champaign.org/tax_laws/irs_business)

The IRS provides websites for business owners with detailed information about the IRS and taxes.

Property Tax

(http://champaign.org/tax_laws/property_tax)

For a list of current Champaign County Property Tax Rates, please see the Champaign County Treasurer Website.

Property Valuation for Taxes

(http://champaign.org/tax_laws/property_valuation)

For a detailed description of the Residential Valuation Process, please see the County Assessment Office website.

Urbana Taxes

(http://champaign.org/tax_laws/urbana_taxes)

Find answers to some common questions about Urbana taxes.

Employment Taxes

(http://champaign.org/tax_laws/employment_taxes)

If you have employees, you are responsible for several federal, state, and local taxes. As an employer, you must withhold certain taxes from your employees pay checks.

Urbana Tax Exemptions

(http://champaign.org/tax_laws/urbana_tax_exemptions)

Find answers to common tax exemption questions for Urbana businesses including information about: the Sales Tax Exemption, EZ Manufacturing Machinery and Equipment Sales Tax Exemption, and the Utility Tax Exemption.

Urbana Tax Credits

(http://champaign.org/legal_and_patents/tax_laws/urbana_tax_credits)

Find out answers to common tax credit questions for Urbana businesses including information about the enterprise zone investment tax credit and the jobs tax credit.