What Triggers a Tax Audit?
Imagine for a second that you’ve just received a letter from the IRS and they tell you that you’ [...]
Chicago Taxes
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To Itemize or Not to Itemize, That is the Tax Question
Under the 2017 tax overhaul, lawmakers significantly raised the standard deduction amount. Does it m [...]
What You Need to Know About 2020 IRS Voluntary Tax Disclosures
If you think back to when you were a little kid, there may have been times when if you admitted to m [...]
Chicagoans: Planning on Trading In Your Car? Do it before the New Illinois Tax Kicks In
Do you live in Illinois? Are you frustrated by the cornucopia of state taxes? Well, get ready to be [...]
Is Chicago Getting A Services Sales Tax?
Illinois’ motto could be: In Taxes We Trust! Especially in Chicago. Windy City residents must plun [...]
Chicago Streaming Tax: What’s It All About?
Sure, Illinois is home to some of America’s greatest hits: Lincoln, Bulls, Bears, Blackhawks, and [...]