Illinois has a state income tax, so tax time here means two returns — your federal return and your Illinois return. Compass Tax Center handles both, personally, year-round, and 100% virtually. From Chicago to downstate, we're a secure upload and a phone call away.
A federal return and an Illinois return, prepared together so they agree and you claim every credit you're owed. Illinois uses a single flat rate for everyone, and it doesn't tax retirement income — a real break we make sure your return reflects.
Two returns instead of one means more to keep straight. We handle the whole picture, federal and state, and we're here after April, too.
Illinois taxes personal income at a single flat rate of 4.95% rather than a sliding scale. It's also unusually generous to retirees: Illinois doesn't tax Social Security, pensions, or withdrawals from IRAs and 401(k)s at all.
The one to watch is the estate tax. Illinois has its own estate tax that starts at a much lower threshold than the federal one, so more Illinois estates owe than expect to — and we help families plan around it.
Illinois's flat income tax is the main event, but a few other taxes matter too. If any of these are you, they're firmly in our wheelhouse.
You don't need a tax office down the road — you need the right person handling both your returns. Everything we do is secure and fully virtual, so working with us is exactly as easy from Carbondale as it is from Chicago. And since we serve all 50 states, if life moves you out of Illinois, your tax help doesn't have to change.
Start now or book a free consultation. We're here year-round — for tax season and everything after it.