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Whether you sell on Shopify, Amazon, or any other marketplace, your online business deserves a reliable accounting partner.
Hire us for tangible results and streamline e-commerce accounting for your business.
Illinois has lately witnessed a great deal of development in urban centers, a thriving economy, and diverse industries. As one of the largest states in the U.S. by GDP, Illinois offers a dynamic environment for businesses, including a growing e-commerce sector.
The state has a population of over 12.5 million residents and access to major metropolitan areas like Chicago. In the U.S., e-commerce sales have steadily grown, now comprising over 15.9% of total retail sales as of 2024, with Illinois contributing significantly to this figure.
However, running an e-commerce business in Illinois also comes with its fair share of challenges. The state imposes a base sales tax of 6.25%, but with local taxes, the effective rate can exceed 10% in certain areas. Furthermore, Illinois follows economic nexus rules, meaning that out-of-state sellers reaching a certain revenue or transaction threshold must also comply with the state’s tax regulations.
At Ledger Labs, we recognize the unique needs of e-commerce businesses in this state - which is why our specialized e-commerce accounting services are here to carefully manage the finances of your online business.
Beyond compliance, effective e-commerce accounting supports long-term business success by providing actionable insights into profitability, cash flow, and inventory management. We at Ledger Labs will simplify your accounting needs, allowing you to concentrate on expanding your business and achieving your goals.
Seek qualified accountants and CPAs with 12+ years of experience serving clients in various industries like Retail, Ecommerce, Startups, Saas, Real estate, Manufacturing, Education, Professional services and more.
Just answer three questions to get started.
With Chicago serving as a significant logistics and business hub, Illinois has become a key player in the U.S. e-commerce industry, reflecting the national trend of increasing online retail sales.
Here's how Ledger Labs can help Illinois businesses thrive:
With our tailored solutions, your business can easily overcome major financial challenges, optimize financial operations, and unlock its full potential in the digital marketplace.
Helping busy founders and busy owners streamline their accounting & bookkeeping with services designed from and for the perspective of business owners.
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A tech savvy accounting and bookkeeping firm serving small and midsized businesses, we focus on building scalable accounting department for our clients.
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