Illinois’ Corporate Income Tax: Never-Ending Complexity Having the state’s income tax mirror the federal tax base seems simple enough, but decoupling from federal tax treatment makes it anything but.

ERC: Full of Dilemmas for CPAs Assisting clients with claiming the employee retention credit will likely pose several ethical dilemmas for accountants to consider.

5 ERC Mistakes Employers Can’t Afford to Make Many myths and mistakes have hampered Employee Retention Credit calculations. Here are five errors businesses can’t afford to make.

Avoiding the Top 10 Cryptocurrency Tax Traps With so many rules and nuances to consider within the cryptocurrency space, it’s no surprise that many tax clients fall victim to reporting mistakes. To prevent your clients from pointing the blame finger at you, here’s what to look out for.

‘Uncapping’ Illinois’ Property Tax Extension Limitation Law A simple property tax cap? It’s more complex than that.

How CPAs Can Help Clients Impacted by Hurricane Ian With the IRS providing tax relief for victims of Hurricane Ian, CPAs and other advisors are likely to get hit with questions. Here’s everything you need to know to help your impacted clients get the financial relief they need.

Decoding Illinois’ Major Sales Tax Exemptions While all sales of tangible personal property are presumed taxable, Illinois law does offer various exemptions. Here’s a rundown of the state’s major sales tax exemptions.

Did Illinois’ Landmark Sales Tax Legislation Level the Field? Reviewing the Leveling the Playing Field for Illinois Retail Act 18 months after passage shows its impact depends on which team is on the field.

My Client Asked Me About an ESOP—What Do I Need to Know? Employee stock ownership plans give business owners flexible exit options. Here’s how CPAs can help their clients navigate them.