For most startup owners and employees, being able to cite sections of the internal revenue code is probably not what you signed up for. But, there should be one notable exception: the 83b election. Read »
As you may have heard, the fiscal cliff was avoided, and many tax provisions were extended that are favorable to individuals and businesses. But there are some new taxes that may have an impact on business... Read »
Chicago business entrepreneurs, I am one of you. I started my CPA firm in 2009 and face some of the same business and tax issues you do (albeit armed with some knowledge of the latter). With that, I thought... Read »
What the heck does the San Francisco company Salesforce.com have to do with Chicago? Well, before this week, not too much. But that’s about to change thanks to some very nice tax credits it’s getting: $10.4... Read »
Around these parts, there's been a lot of talk about crowdsourcing to help fund businesses ever since President Obama signed the Jumpstart Our Business Startups Act, which made it easier for startups and... Read »
You have an extra day this year to get your tax documents filed. Hopefully you're not still scrambling to get them buttoned up! Once you've signed off on your returns, there are some tweaks you should make to... Read »
If you're cursing the tax man this week, you aren't alone in this time zone. According to a report released Thursday by the Pew Center on the States, Illinois is among the 26 states doing an unsatisfactory... Read »
If you're thinking of starting a new business and are in the Chicago area — which you probably are if you're reading this — then you might want to consider setting up shop in scenic Hoffman Estates. Read »
Not to be smart alecky, but do you know what a chamber of commerce does? If you run your own business, you should be a little bit embarrassed -- but not too much -- if you don't. Because, guess what: A lot of... Read »
Over the holidays we reported on how the Illinois Department of Veterans' Affairs has been making great inroads towards finding veterans work. Well, now comes the other end of the equation: a reminder of why... Read »