What’s in the CARES Act for Nonprofits?

Coronavirus Aid, Relief, and Economic Security Act (CARES): What You Need to Know for Your Nonprofit   The CARES Act includes a number of provisions of relevance to non-profit organizations, including: (1) expanded eligibility for non-profits to apply for Small…

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COVID-19 Illinois & Federal Tax Filing Updates

Illinois Delays Tax Deadline to July 15th; Important Federal Reminders While Congress and the White House put final touches on a $2 trillion coronavirus spending bill, Governor Pritzker announced at his March 25th press conference that the State of Illinois…

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Protect your business from COVID-19

Yesterday, the government announced plans to mitigate the virus’ impact on America.  Action items include suspending all in bound travel from Europe for the next 30 days, a possible payroll tax cut and extension of tax filing deadlines, small business…

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2020 tax calendar

To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review the calendar and call 847-267-9600 if you have any questions about…

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The SECURE Act changes the rules for employers

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a dozen years. It brings many changes that affect employers of all sizes, including some that could be particularly beneficial for…

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