State & Local Tax Services Chicago, IL
Expert SALT Compliance & Planning for Illinois Businesses and Individuals
Navigating state and local tax (SALT) obligations can be complicated — especially when you’re managing multiple jurisdictions, city taxes, or specialized Illinois rules.
At Heard & Associates LLC, we help individuals, small businesses, and nonprofits in Chicago stay fully compliant with every level of taxation while minimizing liabilities and avoiding costly penalties.
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📞 Call (312) 810-3603 or Book Your SALT Consultation Online to get started today.
What Are State and Local Taxes (SALT)?
SALT includes all non-federal taxes — such as income, franchise, payroll, property, and sales taxes — imposed by states and municipalities. Each state, and often each city, has its own tax code, making compliance difficult for growing businesses or individuals with multi-state income.
Our Chicago-based accounting team helps you stay ahead of these complexities with clear guidance, accurate filing, and proactive tax planning.
Our State & Local Tax Services Include
We handle a full range of SALT needs for businesses and individuals:
- Illinois income and business tax filings
- Local tax registration and compliance for Chicago-based operations
- Sales and use tax filing, audits, and reconciliations
- Payroll tax setup, withholding, and reporting
- Franchise and excise tax compliance
- Nexus determination for multi-jurisdiction businesses
- Property and personal tax analysis for deductions and credits
Whether you’re managing a single business or multiple entities across different cities, we’ll ensure your filings are accurate, timely, and strategically structured to reduce exposure.
Sales & Use Tax Compliance
Staying compliant with sales and use tax requirements is one of the biggest challenges for growing businesses. We assist with registration, collection, and remittance while monitoring nexus exposure to ensure you meet obligations in every state where you do business.
Our team also handles sales tax audits and reconciliation, providing documentation and representation to protect your business interests.
State Income Tax Filing & Apportionment
For businesses or individuals earning income in multiple states, we manage apportionment to allocate revenue correctly and prevent double taxation. Whether you’re based in Chicago or expanding beyond Illinois, our specialists coordinate state returns to keep you compliant nationwide.
Local Chicago Tax Compliance
The City of Chicago imposes unique taxes on employers, leases, and certain transactions. Our firm ensures you meet all local filing and payment obligations, including the Chicago Employer’s Expense Tax (EET), Lease Tax, and Use Tax. We help you stay compliant while identifying credits and exemptions that may apply to your business or nonprofit organization.
SALT Planning & Audit Defense
We don’t just file returns — we plan strategically to reduce your exposure and future liabilities. Our experts develop tailored SALT strategies to minimize tax burdens through proper entity structuring, credit utilization, and expense allocation.
In the event of a state or city tax audit, we provide full audit defense and representation, preparing documentation and communicating directly with authorities on your behalf.
Industries We Serve in Chicago
Our Certifications
Why Choose Heard & Associates LLC for SALT Services in Chicago
- Certified Expertise: Skilled in Illinois and multi-state SALT compliance.
- Local Insight: Deep understanding of Chicago’s tax landscape.
- Proactive Planning: Reduce liabilities through year-round strategy.
- Audit Protection: Experienced in defending businesses during state and city audits.
- Complete Transparency: We explain every step so you always know where you stand.
Our proven process — Review → Plan → File → Maintain — ensures your filings stay accurate and compliant across every jurisdiction.
Book Your SALT Consultation Today
From state returns to local business taxes, we’re here to make compliance simple and stress-free.