Illinois State & Federal Tax Compliance SOP

This document outlines state and federal compliance deadlines and Gusto settings for WayCup.

🏢 Legal & Tax Identity

• Entity: WayCup Creative, LLC (Formed in Illinois)
• Tax Election: S-Corporation Election (Active)
• State Withholding Account: IDOR MyTax Illinois
• Payroll TPA: Gusto authorized for Illinois withholding and unemployment filings

📅 S-Corp Tax Calendar

• Federal Estimates: Form 1040-ES & S-Corp distributions planning
• Illinois Estimates: Form IL-1040-ES & IDOR quarterly filings
• Annual Returns: Form 1120-S (Federal) & Form IL-1120 (Illinois) due March 15 (or September 15 with extension)