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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

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The Impact of the CARES Act for Individuals and Businesses

An overview of the tax implications that are part of the "Coronavirus Aid, Relief, and Economic Security Act" otherwise known as the "CARES Act" for both individuals and businesses. Read more to access a Printable PDF

Special Issues Requiring Action in 2019

Click Here for PDF Newsletter Year-end Tax Legislation Update As of the date of writing (12/18/19), the House of Representatives has added tax extenders as part of their overall budget bill to fund the government through fiscal year-end. The bill has passed the House and now moving onto the Senate for final confirmation. According to [...]

When an Asset Becomes a Liability: The Perfect Storm for Illinois Property Owners

Click Here for PDF Newsletter States and municipalities desperate for revenue are targeting real estate as a source of tax revenue to finance unfunded liabilities. Predictably, property valuations are suffering. Changes to the tax benefits of owning residential real estate compound the pain. Residential housing has been the key investment for households. For all of [...]

Special Issues Requiring Action in 2018

Click Here for PDF Newsletter The Tax Cuts and Jobs Act (TCJA) eliminated many long-standing tax benefits taxpayers have relied upon, and some of the more traditional year-end tactics are no longer applicable. However, some of the newer provisions of the law have led to planning opportunities. Now is a good time to re-visit your [...]

Tax Cuts and Jobs Act – Republican Helicopter Money: The Senate’s Small Business Plan

Click Here for PDF Newsletter The House and Senate versions of the Tax Cuts and Jobs Act both have sections providing tax benefits for owners of entities where business income is taxed on the owner’s individual income tax return. The Democrats had Ben Bernanke and Janet Yellen at the Federal Reserve dispensing free money for [...]

Tax Cuts and Jobs Act – Restrictions on the Deduction of Business Interest

Click Here for PDF Newsletter Background Borrowing to do acquisitions has been a popular way to boost the return on cash invested. The key risk was that the return on assets was higher than the cost of borrowing to make leverage work. Now there is a potential downside from excessive leverage in the form of [...]

Desperate to Stimulate Small Business

Click Here for PDF Newsletter Background Government policy over the past 10 years has been all about the bigs. Whether intended or not, it acted to promote industry concentration. After the 2008 financial crisis, the Dodd-Frank Act led to small and medium size banks merging into larger ones because they couldn’t bear the compliance costs. [...]

The Withdrawal of Tax Subsidies for Residential Real Estate

Click Here for PDF Newsletter Background In the early 1980s interest rates were in double digits, and the real estate industry was in a state of disarray. The response of the Reagan administration was to allow 15 year accelerated depreciation of real estate. This sparked a construction and tax shelter syndication boom that continued into [...]

30 Year Itch

Click Here for PDF Newsletter Tom Ewell and Marilyn Monroe (the stars of the Seven Year Itch) are long gone, but Congress is alive and well in going through the exercise of revising the tax code. Since the enactment of the first version of the Internal Revenue Code in 1913, major overhauls have occurred at [...]

Chicago gets adult supervision

Click Here for PDF Newsletter October 2017 | In 1995 Chicago got the ability to redirect the pension tax revenue of the Chicago Public Schools to the CPS general fund. Be careful what you wish for . . . To understand why Chicago needed the approval of the Illinois legislature to increase its tax levy [...]