by Mary Doherty | Dec 6, 2016 | News
Chicago Provides Voluntary Disclosure for the Amusement Tax The Amusement Tax requires Chicago businesses that subscribe to and use satellite TV to pay an amusement tax directly to the City of Chicago. This tax is not collected by satellite TV providers; it is...
by Mary Doherty | Dec 6, 2016 | News
New Law Sets January 31 Filing Deadline for W-2s and 1099s A new federal law moves up the W-2 filing deadline for employers and small businesses to January 31. It also makes it easier for the IRS to find and stop refund fraud and delays some taxpayer refunds. Here are...
by Mary Doherty | Dec 6, 2016 | Tax Planning
Year-end Tax Planning As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Factors that compound the planning challenge this year include political and economic...
by Mary Doherty | Dec 6, 2016 | Tax Planning
Realize losses on stock while substantially preserving your investment position. There are several ways this can be done. For example, you can sell the original holding, then buy back the same securities at least 31 days later. It may be advisable for us to meet to...
by Mary Doherty | Dec 6, 2016 | Tax Planning
As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Factors that compound the planning challenge this year include political and economic uncertainty, and...
