Illinois Divisions and Consolidations Instructions

State:
Illinois
Control #:
IL-SKU-1958
Format:
PDF
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Description

Divisions and Consolidations Instructions

Illinois Divisions and Consolidations Instructions are a set of guidelines used by the Illinois Department of Financial and Professional Regulation for the division and consolidation of a business entity. The instructions are designed to ensure that the process of dissolving or combining business entities is done correctly and in compliance with state law. There are two types of Illinois Divisions and Consolidations Instructions: Division Instructions and Consolidation Instructions. Division Instructions are the guidelines that need to be followed when dividing up a business entity into separate entities. The instructions provide details on how to properly dissolve a business and what paperwork needs to be filed. Consolidation Instructions are the guidelines that need to be followed when combining two or more business entities into one. The instructions provide details on how to properly combine entities and what paperwork needs to be filed.

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FAQ

This program allows persons 65 years of age and older, who have a total household income for the year of no greater than $65,000 and meet certain other qualifications, to defer all or part of the real estate taxes and special assessments (up to a maximum of $7,500) on their principal residences.

Taxpayers whose primary residence is a single-family home, townhouse, condominium, co-op or apartment building (up to six units) are eligible. First-time applicants must have been the occupants of the property as of January 1 of the tax year in question.

Call us at (312) 443-7550 between a.m. and p.m.

Fritz Kaegi is the Cook County Assessor.

Complete a mail-in application for change of name/address. Forms are available at our office and can be downloaded from the Cook County Treasurer's Office website. Mail-in forms must be notarized and addressed to the Treasurer's office located at 118 N. Clark Street, Room 102, Chicago, IL 60602.

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Illinois Divisions and Consolidations Instructions