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In HelloNation, Accounting Expert Karen Eberhart Metcalfe Highlights What Illinois Businesses Should Know About New Sales Tax Rules

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BOLINGBROOK, Ill., Sept. 4, 2026 /PRNewswire/ — As more small businesses expand across state lines, understanding the evolving rules surrounding out-of-state sales has become increasingly important. In a HelloNation article, Karen Eberhart Metcalfe of Eberhart Accounting Services, PC in Bolingbrook, IL, explains how the sales tax updates will affect business owners selling to customers in other states and what steps to take to stay compliant.

The article notes that while the concept of economic nexus has existed since the 2018 Supreme Court ruling in South Dakota v. Wayfair, Inc., states continue to refine their definitions and thresholds. Many states are adjusting their reporting requirements, sales thresholds, and marketplace facilitator guidelines. Even smaller Illinois businesses may find themselves subject to new sales tax obligations, particularly those selling through online platforms or shipping products beyond state borders.

The foundation of these rules lies in economic nexus, which determines when a business must collect and remit sales tax in another state. This requirement is often triggered when a company exceeds a set number of transactions or total sales within that state, commonly $100,000 in sales or 200 separate transactions annually. As more states refine their standards, The article recommends that business owners review where their customers are located and monitor sales activity in each jurisdiction throughout the year.

For Illinois businesses, it’s important to understand that economic nexus applies to more than just physical products. Some states include digital goods, software, or online services in their definitions of taxable activity. Companies selling to customers in nearby states such as Indiana, Wisconsin, and Iowa may already be approaching nexus thresholds without realizing it. Failure to register and collect sales tax when required can result in penalties, interest, and back taxes that add up quickly.

Marketplace facilitator rules are another key part of the sales tax changes. Large online platforms like Amazon, Etsy, and eBay are often required to collect and remit tax on behalf of sellers, but only for transactions that occur through their marketplaces. Businesses that also sell directly through their websites or other channels are still responsible for collecting and filing sales tax on those sales independently. The article advises reviewing each state’s guidance to avoid double collection or missed filings.

Some states are also expanding their definition of gross sales to include additional charges such as shipping, handling, and service fees. Others are tightening reporting schedules or requiring more detailed data submissions. For businesses with growing out-of-state sales, these updates underscore the importance of accurate reporting and documentation. Illinois business owners are encouraged to maintain organized records of sales totals by state, transaction counts, and any tax exemptions.

To simplify compliance, the article recommends integrating automation tools. Sales tax software can connect with systems like QuickBooks, Shopify, or WooCommerce to apply the correct tax rate for each transaction and automatically generate reports for filing. These tools reduce manual data entry and minimize the risk of errors, allowing business owners to stay compliant without spending hours managing paperwork.

Service-based businesses face additional complexity, as some states tax services while others do not. Understanding how each state classifies your products or services is essential, especially for companies offering both physical goods and digital or professional services.

The article also cautions that crossing a nexus threshold mid-year can change your filing requirements immediately. Some states require registration and collection as soon as the threshold is reached, while others allow a grace period. Monitoring sales data monthly helps ensure you remain proactive rather than reacting to penalties later. Once registered in a new state, timely filing is critical, even if no tax is owed for a particular period.

In Illinois, maintaining consistent and detailed recordkeeping is the best protection. Tracking total sales by state, documenting the number of transactions, and saving receipts for exempt sales will make compliance much easier. When in doubt, consulting with an experienced accountant ensures your business meets all state-specific requirements and stays current with changing laws.

The sales tax updates represent a broader move toward consistency and enforcement across state lines. As e-commerce continues to grow, states are increasingly focused on ensuring businesses collect appropriate revenue wherever their customers are located. The article emphasizes that staying informed about economic nexus rules allows business owners to expand confidently while avoiding costly compliance errors.

For Illinois businesses engaging in out-of-state sales, understanding economic nexus is no longer optional; it’s an essential part of responsible growth. With clear records, reliable systems, and professional support, business owners can navigate these sales tax changes with confidence and keep their focus on building success across new markets.

The article, Selling Out-of-State? What to Know About the New Sales Tax Rules, features insights from Karen Eberhart Metcalfe, Accounting Expert of Bolingbrook, IL, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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TCL Inspires Her Greatness at the FIBA Women’s Basketball World Cup 2026

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September 5, 2026

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As a FIBA Global Partner, TCL brings TCLforHer to life through technology-enabled fan experiences that celebrate women athletes, connect fans, and extend the energy of the game beyond the court.

BERLIN, Sept. 5, 2026 /PRNewswire/ — The FIBA Women’s Basketball World Cup 2026 takes place in Berlin this September, with the world’s top women’s basketball teams competing on the sport’s biggest stage. As a FIBA Global Partner, TCL is bringing its TCLforHer initiative to life at the tournament with a series of technology-enabled fan experiences that let standout performances by women athletes be seen, shared and celebrated by audiences worldwide.

With the FIBA Women’s Basketball World Cup 2026 taking place in Berlin alongside IFA 2026, TCL is using this rare meeting of global sport and consumer technology to connect the energy of the court with the future of smart living.

“The FIBA Women’s Basketball World Cup is a powerful platform for celebrating the confidence, resilience and teamwork that define women’s basketball,” said Wei Xue, Vice President and ESG Director of TCL Technology and Chairman of the TCL Charity Foundation. “Through TCLforHer and our partnership with FIBA, TCL is using technology not only to enhance the fan experience, but also to help the stories and achievements of women athletes inspire more women around the world.”

TCLforHer Champions Women’s Sport On and Off the Court

During the tournament, the TCL Player of the Game award will honor standout performances across 36 games, recognizing the skill, strength, leadership and resilience shown on the court.

Beyond the court, TCL’s commitment to celebrating women’s achievements extends through TCLforHer, a global initiative launched in 2021 that brings together technology, sport, and education to support women’s personal development. Through FIBA’s “Her World, Her Rules,” TCL encourages girls and women to build confidence, challenge limitations and pursue their potential through sport.

From the Court to the Living Room, TCL Brings Elite Sport Closer to Fans

TCL’s support is visible throughout the tournament through courtside advertising boards, on-court decals, media backdrops and a dedicated fan interactive booth at Berlin Arena, while fan activations—including TCL Lucky Frame, giant TIFO display and TV giveaways—turn live game highlights into memorable fan moments.

Outside the arena, TCL is extending the passion of the game to home entertainment and mobile through TVs, RayNeo glasses, and mobile devices. Whether watching the game on a large living-room screen, exploring more personal viewing through wearable displays, or following and sharing moments on mobile devices, TCL is bringing the game’s energy into more everyday settings through a richer range of on-screen experiences.

Inspiring Greatness Through Global Sports Engagement

Sport is a key pillar of TCL’s global brand strategy and a shared language through which it creates emotional connections with audiences across cultures. Spanning football, basketball, American football, esports, and more, TCL is building a global partnership network that connects fans with world-class sport.

As an Official Worldwide Olympic and Paralympic Partner and FIBA Global Partner, TCL brings international sporting moments into everyday life through its display technologies, smart home appliances, and smart living experiences. Beyond these global sports platforms, TCL is also connecting with fans locally through football partnerships with major European national teams and clubs, creating more everyday touchpoints for fans to experience their favorite sports and teams. Together, these partnerships help TCL bring fans closer to their favorite athletes and teams, igniting more moments that Inspire Greatness every day.

About TCL

Founded in 1981, TCL—short for “The Creative Life”—is dedicated to empowering smarter, healthier lifestyles through next-generation experiences. Operating through two independent entities, TCL Industries and TCL Technology, TCL delivers innovative solutions spanning TVs, smartphones, audio products, smart home devices, display technologies, and clean energy.

Today, with 50 R&D centers and 47 manufacturing bases globally, TCL operates in over 160 countries and regions, reinforcing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. 

https://www.tcl.com/global/en
 

View original content to download multimedia:https://www.prnewswire.com/news-releases/tcl-inspires-her-greatness-at-the-fiba-womens-basketball-world-cup-2026-302870648.html

SOURCE TCL Technology Group Corporation

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TWSE deepens global capital market partnerships in London

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September 5, 2026

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TAIPEI, Sept. 5, 2026 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) will lead a delegation to London this September to strengthen investor engagement for Taiwan-listed companies, promote the Asian Asset Management Center (AAMC) initiative, and deepen collaboration with global financial institutions.

The visit comes as international participation in Taiwan’s equity market continues to expand. Foreign investors’ share of TWSE-listed market capitalization increased from 39.56% in 2022 to 48.61% in the second quarter of 2026, approaching half of the market’s total value and underscoring their increasingly important role in connecting Taiwan-listed companies with global capital.

“London is a key market for Taiwan as we deepen engagement with global investors and financial institutions,” said TWSE Chairman Sherman Lin. “Through this visit, we look forward to showcasing the latest developments and strengths of Taiwan’s companies and capital market, advancing the Asian Asset Management Center initiative, and strengthening two-way connections between Taiwan and global capital markets.”

Following the successful investor outreach program in New York in March, TWSE will partner with SinoPac Securities in London to facilitate meetings between Taiwan-listed companies and institutional investors. A luncheon presentation will also provide investors with an update on developments in Taiwan’s capital market and its investment opportunities.

TWSE will participate in the Taiwan Financial Briefing Forum – London Edition, jointly organized by the Taiwan Academy of Banking and Finance and Z/Yen Group. Under the theme, “Unlocking Taiwan’s Edge as Asia’s Asset Management Hub,” the forum will showcase Taiwan’s deep and liquid capital markets, substantial private wealth, and growing demand for wealth management services. TWSE will also highlight the policy direction of the Asian Asset Management Center initiative and its role in supporting Taiwan’s development as a leading asset management hub in Asia.

About TWSE

The Taiwan Stock Exchange (the TWSE) commenced operations on February 9, 1962, and is responsible for operating and advancing Taiwan’s securities market. Its core business activities include listing, trading, clearing and settlement, and market surveillance. These functions encompass listing promotion and review, post-listing supervision and corporate governance, maintaining orderly market operations, securities firm services, investor protection, clearing and settlement activities, safeguarding against market defaults, and monitoring illegal trading activities. Through these efforts, the TWSE provides comprehensive services to support the development and integrity of Taiwan’s securities market.

View original content:https://www.prnewswire.com/apac/news-releases/twse-deepens-global-capital-market-partnerships-in-london-302870637.html

SOURCE Taiwan Stock Exchange (TWSE)

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Asia-Pacific Media Forum Launches “Gather in Shenzhen, Create a Better Asia-Pacific” Media Cooperation Initiative

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September 5, 2026

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SHENZHEN, China, Sept. 5, 2026 /PRNewswire/ — Shenzhen is a city born from China’s reform and opening-up. In just over four decades, it has grown from a small fishing village into a modern international metropolis. It is a remarkable story of development created by the Chinese people, and a window through which the world can better understand China.

As part of the overall outcomes of Asia-Pacific Media Forum, Shenzhen is launching three long-term initiatives under a media cooperation program titled “Gather in Shenzhen, Create a Better Asia-Pacific.”

The three initiatives are: Technology sharing ; Content co-creation; and Talent development.

On the occasion of the opening of the Asia-Pacific Media Forum, Shenzhen is officially launching this media cooperation initiative and inviting media partners from across the Asia-Pacific to take part. Together, we hope to contribute the strength of the media to building an Asia-Pacific community and promoting shared prosperity.

Video link: https://youtu.be/oJmxc-nYo10
Video produced by Shenzhen Media Group

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/asia-pacific-media-forum-launches-gather-in-shenzhen-create-a-better-asia-pacific-media-cooperation-initiative-302870640.html

SOURCE Shenzhen Media Group

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