The Tax Cuts and Jobs Act (“TCJA”), which was signed into law on December 22, 2017, made some of the most significant changes to the tax law since the Tax Reform Act of 1986. Absent further legislation, many of the provisions...more
7/15/2025
/ Bonus Depreciation ,
Business Taxes ,
Charitable Donations ,
Clean Energy ,
Estate Tax ,
Federal Taxes ,
Gift Tax ,
Income Taxes ,
One Big Beautiful Bill Act ,
Opportunity Zones ,
Qualified Business Income ,
Qualified Small Business Stock ,
SALT ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Legislation ,
Tax Planning ,
Tax Rates ,
Tax Reform
Illinois lawmakers have approved legislation that is both good news and bad news for Illinois taxpayers. The good news is that, if approved by Gov. Pritzker, Illinois taxpayers will be able to take advantage of a workaround...more
6/11/2021
/ Bonus Depreciation ,
Corporate Taxes ,
Dividends ,
Federal Taxes ,
Franchise Taxes ,
GILTI tax ,
Governor Pritzker ,
Income Taxes ,
Local Taxes ,
Net Operating Losses ,
Partnerships ,
Pass-Through Entities ,
S-Corporation ,
SALT ,
State and Local Government ,
State Taxes ,
Tax Benefits ,
Tax Deductions ,
Tax Planning