Building Value

Building Value Businesses exist to enable your family to live, but it is more than just money. They are a source of personal interest and financial stability for employees. The business provides needed services or products of value for your customers. Along the way, owners often get sidetracked with items that consume their time and…

Supplies and Consumables Used in Manufacturing are Exempt from Illinois Sales and Use Tax Beginning July 1, 2019

Supplies and Consumables Used in Manufacturing are Exempt from Illinois Sales and Use Tax Beginning July 1, 2019 Recent tax legislation has expanded the manufacturing exemption to once again include production related tangible personal property. Illinois gives manufacturers a sales tax exemption for purchases of machinery and equipment used in manufacturing or assembling. The new…