CategoryIndividual Tax Alerts

Are you feeling generous at year end? Taxpayers can transfer substantial amounts free of gift taxes to their children or other recipients each year through

You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce

The IRS announced it is opening the 2021 individual income tax return filing season on January 24. (Business returns are already being accepted.) Even if

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold

As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved

The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return on

Gov. Pritzker announced today that his administration is extending the individual income tax filing and payment deadline from April 15 to May 17. The Illinois

The Treasury Department and Internal Revenue Service announced that federal income tax filing due date for individuals for the 2020 tax year will be automatically