It’s that time of year again! If you’re an Illinois corporation in “good standing” with the state, then it’s time to renew your corporation with Jesse White. This process is completed annually by filing a CDBCAF Corporate Annual Report form. The state will distribute this form to you by mail and by email to your business...

1. Submit your application for an EIN. https://www.ein-gov.us/application.php?form=scoop An EIN is an employer identification number assigned by the IRS. It is used to identify a tax account of employers and others who might not have employees. It’s used to identify taxpayers. The application process and approval is usually instantaneous. An  S corporation  (sometimes referred...