Clark Hill attorney Kyle Spurgeon published in Chicago Daily Law Bulletin

Apr 7, 2020

Clark Hill attorney Kyle Spurgeon was recently published in the Chicago Daily Law Bulletin: “Illinois issues short-term sales tax relief for restaurants, bars.” The article discusses the impact of COVID-19 on eating and drinking establishments, and how the Illinois Department of Revenue is waiving penalties and interest that would have been imposed on late sales tax liabilities reported on Form ST-1 and Sales and Use Tax and E911 Surcharge Return, that are due from qualified taxpayers.

“The Illinois Department of Revenue’s temporary relief to provide the affected businesses with temporary liquidity by allowing affected qualified taxpayers to defer payment of their sales tax collections could create potential issues for taxpayers that defer remittance of their sales tax as permitted and are unable to repay the deferred sales tax payments by the installment due dates, including personal liability for unpaid tax by the taxpayer, officer, employee, partner, manager, or member of the taxpayer," Spurgeon wrote.

To read the full article, please click here.

Spurgeon is Senior Counsel in Clark Hill’s Tax & Estate Planning group, based in the firm’s Dallas office. Spurgeon has broad experience in areas of business law, bankruptcy, litigation, and tax. He has significant experience in the creation and operation of privately held entities, including limited liability companies and partnerships. He has worked closely with SALT professionals to implement tax planning initiatives for clients ranging from multi-national public Fortune 1000 companies to smaller public and privately held companies in a variety of business sectors.