Apr 21, 2026 | Chicago CPA
A recent study by David Maimon, head of fraud insights at the cybersecurity company SentiLink, found that cybercriminals are now using fake businesses to steal. They convert stolen identities into fraudulent businesses, allowing them to obtain Employer Identification...
Apr 20, 2026 | Chicago CPA
Now that this year’s Tax Day is behind us, here are a few of the most important planning strategies wealthy investors and upper income earners are considering for this year and beyond to reduce their taxes. Increase In Estate Tax Exemption Last year’s tax bill...
Apr 16, 2026 | Chicago CPA
As tax season ends, I thought I’d put some of the rhetoric we hear daily from the Far Left into perspective. The top 25% of all taxpayers pay 87.2% of all Federal Income Taxes. Take a moment to think about that. How is this fair in any way, shape, or form? A...
Apr 13, 2026 | Chicago CPA
According to a new analysis from real estate data firm ATTOM, the average homeowner paid $4,427 in property taxes last year, up 3.7% from 2024. By comparison, the Consumer Price Index rose only 2.7% last year. Homeowners in some states faced considerably larger...
Apr 12, 2026 | Chicago CPA
Consumer prices rose 3.3% in March from a year earlier, according to the just released CPI Index. This was much higher than February’s gain of 2.4%. It was the highest reading in two years. Excluding food and energy categories, the Core CPI Measure that economists...
Apr 9, 2026 | Chicago CPA
The United States is sending four astronauts around the moon for the first time in more than 50 years. Artemis II left NASA’s Kennedy Space Center in Florida on April 1st, kicking off a 10 day trip before returning to Earth. If all goes well, the crew will travel more...
Apr 7, 2026 | Chicago CPA
The IRS on Friday released new data on state income migration that’s a reality check on state lawmakers ambitions to consistently raise taxes. Even after the pandemic, high-tax states continue to lose tens of billions of dollars in taxable income to low-tax...
Apr 7, 2026 | Chicago CPA
Americans are increasingly turning to Artificial Intelligence (AI) tools like ChatGPT and Claude to help prepare their tax returns. But experts warn that the technology can deliver outdated or inaccurate guidance, raising the risk of costly penalties, audits, and even...
Apr 7, 2026 | Chicago CPA
Illinois consumers who purchased health insurance on the state’s Affordable Care Act exchange are paying 26% more for coverage, on average, than they did last year. And the number of people who enrolled in the plans dropped nearly 4%, according to the state. The 26%...
Apr 1, 2026 | Uncategorized
On Wednesday, the House voted 211-207 to reject a joint resolution (H.J. Res. 139) that would have proposed an amendment to the US Constitution requiring a balanced federal budget. The measure has repeatedly fallen short of the two-thirds vote needed to advance the...
