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Found 136 Results
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Tax Credits on Amended Payroll Tax Returns

Historically, credits due to a company from an amended Illinois payroll tax return would need to be approved by the state prior to being taken on future payroll tax returns. I ... Read more

SECURE Act’s Impact on Illinois Businesses

Congress recently passed important legislation that expands employee retirement saving benefits and incentives for companies. The Setting Every Community Up for Retirement Enh ... Read more

Illinois to Start Taxing Nonresidents if They Work in Illinois

Effective for tax years ending on or after December 31, 2020, employers are now required to withhold Illinois income tax from compensation paid to a non-resident employee if: ... Read more

Extender Legislation Signed by the President

On December 20, 2019, the President of the United States signed into law The Tax Payer Certainty and Disaster Tax Relief Act of 2019 (Public Law No. 116-94) following the pass ... Read more

Tax Incentives for Illinois Companies

As a new year begins, many Chicago and Illinois companies spend time reviewing their performance and profitability over the past 12 months. It’s often a time for candid refl ... Read more

Year End Tax Planning for Businesses

As the end of year quickly approaches many business owners are focused on reviewing company performance over the last 12 months. Time is often spent on reviewing sales perform ... Read more

Which Business Valuation Method Should be Used for Your Company?

There are many essential reasons why a business valuation may need to be performed. Buying or selling a company, gift or estate tax purposes, litigation purposes, or even plan ... Read more

Chicago Manufacturers’ Workforce Struggles Continue

Maintaining a vital and financially healthy manufacturing company continues to be a challenge. Concerns about tariffs and impact on access to raw materials, technical componen ... Read more