fxJay Excel Expert & Accounting
IL1fx=ACCOUNTANT("Illinois")

Accountant for Illinois small businesses

Online bookkeeping, payroll support, sales tax tracking and tax-ready books for businesses in Chicago, Aurora, Naperville, Rockford and Springfield — and every other part of Illinois.

Illinois pass-throughs pay a replacement tax that owners in other states never see, and Chicago-area sales tax is among the steepest anywhere.

#Illinois tax snapshot
1Individual income tax (2026)Flat 4.95%
2State sales tax rate6.25%
3Tax agencyIllinois Department of Revenue
4Time zone for callsCentral
IL2  ·  Illinois tax rules

What makes accounting in Illinois different

  • Besides income tax, Illinois charges a Personal Property Replacement Income Tax on corporations and pass-through entities.
  • Chicago and Cook County add some of the highest local sales and service taxes in the country.
  • Illinois eliminated its 1% state tax on groceries from January 1, 2026.
Source

Rates shown are state-level 2026 rates published by the Tax Foundation; local taxes are extra. Always confirm current rates and deadlines with the Illinois Department of Revenue.

IL4  ·  Who we work with

Illinois industries we know well

Professional services

A common client profile for us in Illinois. We tailor the chart of accounts, reports and tax tracking to how professional services businesses actually work.

Manufacturing

A common client profile for us in Illinois. We tailor the chart of accounts, reports and tax tracking to how manufacturing businesses actually work.

Restaurants

A common client profile for us in Illinois. We tailor the chart of accounts, reports and tax tracking to how restaurants businesses actually work.

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IL5  ·  Questions

Illinois accounting FAQ

No. Bookkeeping, payroll support and financial reporting are done in cloud software, so we serve Illinois businesses — from Chicago to Springfield — entirely online, with video calls scheduled in Central time. What you need is someone who knows Illinois's rules, which is what this page is about.

Yes. For 2026, Illinois's individual income tax is: flat 4.95%. Owners of LLCs and S corporations generally pay it on their share of business profit, so accurate books directly affect the tax bill.

The state-level rate is 6.25%. Local rates can add more depending on where the sale happens or is delivered, so your systems need to charge the combined rate for each location. Confirm current rates with the Illinois Department of Revenue.

We are an accounting and bookkeeping firm, not a CPA firm, so we do not sign or file returns. We prepare the books, schedules and Illinois-specific details your CPA or Enrolled Agent needs, and coordinate with them directly. If you need a preparer, we can introduce you to one.

IL6  ·  How it works
  1. 1Free call in Central timeTell us about your business, your software and which states you operate in.
  2. 2Hours estimate at $15/hourA written scope and an hours estimate at $15 per hour within one business day.
  3. 3Books current in weeksCatch-up first if you are behind, then monthly books closed by the 15th.

Get a free quote from a Illinois accountant

Reply from Jay within one business day with a written scope and an estimate of hours at $15 per hour. No obligation.

No spam, no obligation. NDA signed on request before you share any files.

Z1  ·  Next step

Ready for books you can trust in Illinois?

Twenty minutes, no obligation. You will leave the call knowing what your books need and what it costs.

Accountants & Excel experts at $15/hour. Free 20-minute call — a written estimate before you spend anything. Book a free call