The Illinois Department of Revenue is the first state agency to begin using a new, real-time data exchange capability from payroll and tax processor ADP that will help significantly streamline the department’s employment tax processing.
The new capability means that the exchange of employment tax information between the state and employers that used to take up to a month now takes seconds.
“As a state agency, every dollar counts, so we need to maximize our efficiency at every step of the process,” said O. Wayne Richie, accounts processing manager at the Illinois Department of Revenue. “We also want to make it as easy as possible for Illinois businesses to manage their tax compliance, and the real-time data exchange capability streamlines the process for all parties involved, in a secure method that helps to protect confidentiality. We look forward to working with ADP on future initiatives.”
More information about the announcement is available here.