Tax planning and preparation for Illinois Small Businesses
Helpful Information

Federal Tax Deadlines

Expert Accounting in Illinois
April 15, 2025

Individual Tax Returns / Extensions — File Form 1040 (including Forms 1040A, 1040EZ) and pay any remaining tax due. You may request a 6-month extension using Form 4868 (new filing deadline: October 15, 2025). Chicagoland CPAs+1ICPA+1

1st Quarter Estimated Taxes — Deadline for individuals making estimated payments. 420 CPAIllinois Department of Revenue

C Corporation Returns — File Form 1120 and pay tax owed; automatic 6-month extension available until October 15, 2025. SVA Certified Public Accountants+12420 CPA+12Chicagoland CPAs+12

March 17, 2025

S Corporation & Partnership Returns Due — File Forms 1120S or 1065. Extensions can push deadlines to September 15, 2025. 420 CPA+2Instead+2

June 15, September 15, January 15 (2026)

Quarterly Estimated Individual Taxes — Second, third, and fourth estimated tax payments due on these dates, respectively. Illinois Department of Revenue+1

Helpful Information

Illinois State Tax Deadlines (2025)

Accounting Services for SaaS Companies Chicago: Financial Clarity for Scalable Growth
April 15, 2026

Individual and C Corporation Returns — File Illinois Form IL-1040 and IL-1120 by this date; filing extensions granted automatically but payments remain due by April 15. Illinois Department of Revenue+7Corvee+7Instead+7

March 16, 2026

S Corporation Returns — Filing deadline for Illinois Form IL-1120S; extension to November 16, 2026. Corvee+1

April 15, 2026

Partnership Returns — Illinois Form IL-1065 due; extension through October 15, 2026. TurboTax+3Corvee+3Instead+3

Estimated Payments for Individuals (2025)

Due: April 15, June 16, September 15 (2025), and January 15 (2026) — ensure accurate payment to avoid Illinois penalties. Chicagoland CPAs+10Instead+10Illinois Department of Revenue+10

Illinois Withholding Tax
(Form IL-941)

Illinois employers must reconcile withholding with Form IL-941 quarterly, with deadlines generally as follows

Q1 (Jan–Mar): April 30, 2025

Q2 (Apr–Jun): July 31, 2025

Q3 (Jul–Sep): October 31, 2025

Q4 (Oct–Dec): February 2, 2026 (adjustment for holidays/weekends) SVA Certified Public Accountants+14Illinois Department of Revenue+14Claremont Management+14

Tax and Compliance Advisory in Illinois

Additional Important Dates

eCommerce companies work with us because we understand the unique mix of online platforms, sales taxes, and fulfillment costs that define their business model. From reconciling marketplace sales to managing multi-state compliance, our CPAs provide solutions that improve efficiency and strengthen profitability.

Accounting Services

General Federal Payroll Filing (Form 941, FUTA, Tips Reporting)

 Follow IRS’s quarterly schedule (similar to your previous page layout).

Small Business Accounting Services

Tax Amnesty Program (Illinois) — October 1 – November 15, 2025

unpaid taxes from July 2018 through July 2024 (franchise and certain sales taxes). SVA Certified Public Accountants

Accounting Solutions

Professional Bookkeeping for eCommerce Companies

Our bookkeeping services ensure accurate tracking of sales across Shopify, Amazon, eBay, and other platforms. By reconciling accounts and organizing records, we give eCommerce companies reliable financial visibility and confidence during tax season or fundraising.

Ready to work with a CPA firm that understands online retail? Contact us today for expert tax, payroll, and bookkeeping services designed for eCommerce businesses in Chicago and Illinois.

Small Business Tax & Accounting Services
Helpful Information

Quick Reference Table

Deadline

Filing Requirement

April 15, 2025

Individual returns, 1st quarter estimates, C Corps

March 17, 2025

S Corp & Partnership returns

June 16, 2025

2nd quarter estimated taxes

September 15, 2025

3rd quarter estimated taxes

January 15, 2026

4th quarter estimated tax due

April 15, 2026

Illinois individual & C corp taxes due

March 16, 2026

IL S Corp returns due

IL Quarterly Filings

IL-941 due in April, July, October, February

Oct 1 – Nov 15, 2025

IL Tax Amnesty period