Chicago Accounting Articles
Feb 28, 2013
Updated July 24, 2015 Estate Tax and Death Tax Chicago Illinois What is the Estate Tax? The Estate Tax is the tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the...
Feb 28, 2013
Updated July 27, 2015 What Is Gift Tax Chicago Illinois Gift Tax Exclusion, Gift Exemption and Gift Taxes The donor is generally responsible for paying the gift tax. Under special arrangements the donee may agree to pay the tax instead. Please visit with...
Feb 28, 2013
Updated July 21, 2015 What is splitting the Estate in Chicago Illinois? Splitting the estate basically means that each individual member of the marriage has their own estate. This means that the estate tax credit, below which you are not subject...
Feb 28, 2013
Updated July 21, 2015 What is Probate Chicago Illinois Probate is nothing more than the orderly transition of assets per the instructions of a Will. This process used to be a nightmarish, but it has been simplified. Many estates, if they are put...
Feb 28, 2013
Updated July 21, 2015 Business Succession Planning in Chicago Illinois Common mistakes made in small business succession and business continuity planning There are three common mistakes: Not finding someone who is capable of managing the business...
