News & Publications
Click the articles below for the lastest News and information.
The IRS is getting a lot more money for audits. Should you be worried?
Los Angeles Times, September 14, 2022
WASHINGTON — Did a shiver go down your spine when you heard that Congress is pouring a whopping $80 billion into the Internal Revenue Service over the next 10 years to beef up the nation’s tax collection system?
IRS ramps up marijuana business audits after COVID-19 lull, sources say
MJBizDaily, March 25, 2022
As a result, cannabis industry tax experts are warning clients of a new wave of audits targeting marijuana companies and their 2019 returns, which could result in additional tax bills for businesses.
Pritzker Administration Makes $8.75 Million in Forgivable Loans Available for Social Equity Cannabis Licensees
Press Release, November 11, 2022
Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) today announced that $8.75 million in Direct Forgivable Loans fully financed by the State will be made available to all conditionally-approved social equity loan applicants in order to provide immediate access to capital.
What to Do When You Inherit a House
Experian, February 23, 2021
When you inherit a house, you receive more than property or financial gain. Inheriting a home also brings on increased legal and financial responsibilities. It may require negotiation with siblings or other heirs, and could cause an emotional reckoning as well.
What Is The Employee Retention Credit (ERC), And How Does The Program Work?
Forbes, June 21, 2022
When the Covid-19 pandemic began, and businesses were forced to shut down their operations, Congress passed programs to provide financial assistance to companies. One of these programs was the employee retention credit (ERC).