Jun 11, 2026 | Chicago CPA
Consumer prices rose 4.2% in May from a year earlier. This was an increase from 3.8% in April. That was the highest year-over-year reading since April 2023. It’s a sign that high energy costs stemming from the war with Iran continue to accelerate pricing...
Jun 8, 2026 | Chicago CPA
This tax which was signed into law with the new budget is a tax on “the number of Illinois users from whom the social media platform collects data within a month.” This is based on a monthly report showing the “average number of monthly users of the platform located...
Jun 6, 2026 | Chicago CPA
It’s very difficult to fire a Federal Employee because of the unions. Federal Union Contracts classify employees into personnel categories. Depending on their category, the contracts make it either easier or more difficult to terminate a Federal Employee. The...
Jun 3, 2026 | Chicago CPA
For years, I’ve touted using IRAs to fund college savings for entrepreneurs’ children. It’s how I sent my daughter to DePaul basically for free. Once your child is old enough to work at your company, give them a job answering phones, sweeping floors,...
Jun 1, 2026 | Chicago CPA
Our lawmakers approved a state budget early today after working through the night. The enacted budget includes new business taxes and authorized less spending than the Governor requested. The budget totals $55.9 billion and is supported by a similar amount of revenue....
