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Recent Updates

Important Announcement about Mailing Tax Payments in IL

Jan 05 in News Flashes, Tax Info

THIS NOTICE HAS BEEN REPLACED BY AN UPDATED RELEASE.  CLICK HERE FOR THE UPDATED RELEASE. 

The Illinois CPA Society issued an Emergency Update today regarding an issue with the United States Postal Service and mailing of tax payments and correspondence to the Illinois Department of Revenue without a street address. This affects estimated tax payments ... Read More ›

SECURE 2.0 law may make you more secure in retirement

Jan 04 in Tax Info

A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was signed into law on December 29, 2022.

SECURE 2.0 is meant to build on the original SECURE ... Read More ›

Year-end spending package tackles retirement planning, conservation easements

Jan 04 in Tax Info

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new laws that could affect your financial planning: the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act (also known as SECURE 2.0) and the Conservation Easement Program Integrity Act.

Bolstering retirement savings

The original SECURE Act, enacted in ... Read More ›

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