Chicago Tax Lawyer

Tis The Season For Four Illinois Tax Tips

Tis The Season For Four Illinois Tax Tips November 29, 2018 Albert Einstein lamented that income tax was the hardest thing in the world to understand. Economist Thomas Sowell groused that “Inflation is the most universal tax of all.” And, who can forget ole’ Benny Franklin’s wisdom in declaring everything uncertain, “except death and taxes.” […]

Tax Advice: Tax Write-Off Guide For Illinois Businesses

Everybody knows that running a business is no easy task, and expenses abound.  But it’s important to remember that not everything is tax-deductible. So, to help you sort through the rules, we’ve created this tax write-off guide for Illinois businesses.

Illinois Family Tax Law: What You Need To Know For 2018

Taxes are susceptible to change every year as a result of legislative changes. That’s why it’s important for families to stay updated with the tax regulations. The IRS unveils changes annually, and 2018 is no different. Let’s examine some ways that the 2018 tax law changes might affect you, so that you can stay on top of it for your family.

Tax Law: Contractor Tips

We are in a new era where individuals more than ever enjoy working from home or remote locations. This means that more and more people are being paid as 1099 workers rather than w-2 employees. In fact, a recent study showed that nearly half of millennials are already freelancing, which is significant.

Liberty Inversion Nets Tax break for Billionaire John Malone

Liberty Inversion Nets Tax break for Billionaire John Malone August 28, 2017 The Obama administration announced anti-inversion rules in September 2015, however, Liberty Global Inc. and the company’s chairman and controlling shareholder, John Malone, illustrate how companies are able to find a way around tax regulations. Malone has three main companies which are in the […]