Insight
New Illinois laws and taxes went into effect July 1st.
New Illinois laws, taxes in effect July 1: Increases to gas tax, cigarette taxes and more
Summary
Illinois has enacted new laws and taxes effective July 1st, potentially impacting various businesses. While the article doesn't specify how these changes affect STRs, it's crucial for Illinois hosts to stay informed about local tax regulations. You should research if these new taxes apply to your STR operations.
Key takeaway