As we previously reported, Illinois extended the filing and payment deadline for 2019 income tax returns to July 15, 2020.

As the season changes from fall to winter, snow begins to fall and brewers release their holiday beers.

Many real estate businesses are formed as partnerships. Beginning this year, the IRS is applying new procedures to its partnership audits

Candid, the not-for-profit evaluation organization that resulted when GuideStar and Foundation Center merged, has announced a new data-driven campaign to encourage equitable funding practices.

Developing a fair wage structure requires adequate research and detailed job descriptions.

One of the biggest challenges restaurants face today is the continuing labor shortage.

On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law. One of the Act's provisions terminated the Employee Retention Credit

As reimbursement is changing to reward for value and quality of care, hospitals and physicians have found themselves being incentivized to become more closely aligned.

One of the cornerstones of a successful medical practice is terrific patient service. In a non-medical context, you would call it customer service,

Every firm was placed in a quartile based on performance.

The deductibility of business meals and entertainment for federal income tax purposes has received renewed attention in recent months.

Recent experience has exposed the risks inherent in just-in-time manufacturing strategies.

As the 2021 legislative calendar comes to a close, so does the prospect of Senate passage of the Build Back Better Act. With a 50-50 Senate, the loss of just one Democratic member is fatal...

If you have invested in cryptocurrency (for example, Bitcoin or Ether), nonfungible tokens (NFTs) or certain other digital assets, it is important to familiarize yourself with the new tax reporting requirements...

Of the many challenges facing the restaurant industry today, the rising cost of labor is one of the most formidable. According to the U.S. Bureau of Labor Statistics, average hourly earnings...

The Consolidated Appropriations Act (CAA), signed into law in December 2020, is known for authorizing the second round of direct stimulus payments to individuals and extending enhanced unemployment benefits.

The availability of Employee Retention Credits (ERCs) during the height of the COVID-19 pandemic — particularly the ability to claim advance payments of the credits...

If you have ever considered buying a multi-unit building and renting out one or several units you are not alone.

When times are good, manufacturers tend to focus on sales, profitability and growth. Strong growth can conceal cash flow issues.

Whether you are trying to protect your assets from possible creditors, prevent young heirs from spending their inheritance or minimize estate taxes, there is likely a trust for you.