Tax Reform Law Has Passed Congress

  The new tax reform law has passed Congress and is awaiting the President’s signature! There are a lot of Christmas goodies in the new law, but a few lumps [...]

Tax Reform: The Conference Committee

The Conference Committee has reached a deal on tax reform! The bill will now go to the full House and Senate where it is expected to pass. I will have [...]

Defining Your Charitable Contributions

From the Desk of Lauran L Stevenson Defining Your Charitable Contributions In recent years, there has been an influx of options available for charitable giving and gift giving to online [...]

The New Illinois Tax Hike

From the Desk of Michael T. McCormick The New Illinois Tax Hike Illinois budget legislation has been enacted over Gov. Bruce Rauner’s veto that increases corporate and personal income tax [...]

When the IRS Knocks

From the Desk of Lauran L. Stevenson When the IRS Knocks The IRS has created a special new page (“How to know it’s really the IRS calling or knocking on [...]

Private Collection of Some Overdue Taxes

From the Desk of Lauran L. Stevenson Private Collection of Some Overdue Taxes Starting this month, the IRS will begin sending letters to a select group of taxpayers whose overdue [...]

Tax Refund Offset Pay Unpaid Debts

From the Desk of Lauran L. Stevenson Tax Refund Offset Pay Unpaid Debts If you cannot pay your taxes in full, the IRS will work with you to resolve your [...]