As usual, the new year brings with it a number of new laws into effect. A number of noteworthy changes to Illinois law passed last year, including: Unclaimed Property: In our last issue we addressed a change in Illinois law concerning the status of matured U.S. Savings Bonds. That change created concern over the status […]
Read more...Month: May 2018
TAX CUTS AND JOBS ACT SUMMARY
In December 2017, the Tax Cut and Jobs Act was signed into law. It contains significant changes to taxation for businesses, individuals and estates, with temporary cuts to estate and personal income taxes, and permanent business tax cuts. In this issue, we will discuss some of the significant changes. Estate Tax and Generation Skipping Tax […]
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