Date Start Date: 9/16/2025 Start Time: 12:00 PM CST End Date: 9/16/2025 End Time: 1:00 PM CST Contact Name: Allyssa Demma Email
The Illinois Franchise Tax is an archaic set of laws that often traps well-intentioned taxpayers in the uncomfortable position of not being in compliance and/or not in good standing with the State of Illinois. This webinar will cover the basics of general compliance and explore some of the more technical nuances associated with Paid in Capital and the Allocation Factor. Additionally, we will provide solutions for maintaining or achieving compliance and offer key information on how to take advantage of the franchise tax amnesty period being offered from October 1, 2025, through November 15, 2025. Learning Objectives: Establish the basics for qualifying to do business in Illinois Provide a deeper understanding of the key components of the franchise tax: Paid in Capital and Allocation Factor Explain the proper back up to support filing questioned by the Illinois Secretary of State Explain how to take advantage of the franchise tax amnesty Visit the Website