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On November 3, 2020, you and I will have the opportunity to significantly impact Illinois’ fiscal destiny and, as a result, your fate, and that of your

Most consumers typically have both a credit card and a debit card. Of course, the biggest difference between the two is that a debit card will immediately take

Bohemian Rhapsody – The Reel Life or Just Fantasy? From the opening strains of the 21st Century Fox Fanfare, performed with dynamic flair and composed by Queen

You are probably aware that you can file for an extension if you cannot complete your income tax return by the filing deadline. However, you probably aren't

In my three plus decades in tax practice, the most common complaint I have heard about our tax code is that it is too complicated. A complaint with which I

I have always thought that our government's tax policy should be driven by its positive impact on economic growth and that it should not be used for social

If you are a resident of Illinois, you are probably aware that the General Assembly passed a 32% state income tax increase and a 38% corporate income tax

If you are a college graduate lucky enough to be starting a full-time job, please note: you can use part-year withholding to have less tax withheld and increase

You may or may not have heard about the Department of Labor's "Fiduciary Rule" which recently took effect on June 9, 2017. I am a limited government type guy

I have lived in Illinois my entire life. My business is here in Illinois and it is very likely my children will spend their lives as Illinois residents

My clients frequently ask me if they should invest in gold. Since the financial crisis in 2008, advertisements for gold have blanketed the television and radio

A recent Tax Court case (Powell, TC Memo. 2016-111) reinforces the importance of keeping a detailed mileage log to support your business deductions. In this