President Biden signed the Inflation Reduction Act into law at a White House ceremony on August 16, finalizing a legislation…
IRS Tax-Exempt And Government Entities Division Releases Fiscal Year 2021 Accomplishments Letter
By: Marc Berger, CPA, JD, LLM The IRS Tax-Exempt and Government Entities (TE/GE) Division released its “Fiscal Year 2021 Accomplishments…
Update on the Illinois Pass-Through Entity Tax
By Susan Penno & Thomas Kross On October 1st we sent a communication to our clients advising that Illinois enacted…
End of the Year Tax Tips for Individuals
By Alicia Young As 2021 comes to a close, there are steps you can take now to minimize the amount…
House Releases Rewrite of Build Back Better Tax Proposals
A version of H.R. 5376 (the Build Back Better Act), released on October 28, 2021 by the House Budget Committee, eliminates many…
Unlocking Liquidity: Selling Your Business to an ESOP
An employee stock ownership plan – better known as an ESOP – can be an attractive and tax efficient alternative…
