Reading The Tea Leaves of Taxation

November 23, 2020

By: Anthony J. Madonia Over the past few weeks, I have watched several webinars, and read countless articles, on what may or may not happen to tax rates and deductions in the near future. At first, there was great debate about the presidential election. Now that Joe Biden will be our president, there has been… Read more »

Revisiting the SECURE Act

November 23, 2020

By: Elizabeth Morataya The Setting Every Community Up for Retirement Enhancement Act or better known as the SECURE Act (the “Act”) was signed into law by President Trump on December 20, 2019.  Most changes under this Act went into effect on January 1, 2020, which did not leave a great deal of time for people… Read more »

If I’m Single, Do I Still Need a Will?

September 18, 2020

If you die without a will, the court will follow the intestate succession laws to distribute your assets. In most jurisdictions, this means that your close relatives will become the new owners of your property. For single individuals, the parents, children, and siblings will be the recipients. If none of them are alive, your assets… Read more »

Ways In Which You Can Turn Your Passion Into a Business

September 04, 2020

Do you know that your hobby can become an income-generating project? Regardless of what you love doing, you can turn it into a profitable business either on a full-time or part-time basis. The operation of an enterprise calls for a combination of skills for it to be successful. With advice from experts like Anthony J…. Read more »

What Are the Steps to Contesting a Will?

August 21, 2020

A will is a reflection of the intentions of a testator. However, where someone has reasons to believe that the contents of the will don’t reflect the decedent’s true intentions, then such a person can raise a contention. Suppose you have plans of contesting a will. In that case, the very first step for you… Read more »

How to Structure a Merge for Your Business

August 07, 2020

Any aggressive business person intends to grow their business to reach a wider range of customers and potential customers. The creation of a merger is among the renowned ways for business growth, especially for small businesses. However, whereas a merger can come with bigger plant size, market share, diversification of products, etc., it is not… Read more »

Registering Your Business For Federal Taxes: What to Do First

July 24, 2020

When you start a business, the first thing that you need to do is to register it with the state and the federal government for tax purposes. To make sure that all of your information is accurate and complete, it is best to work with a team of experienced business attorneys in Chicago IL. Anthony… Read more »

Why You Need a Lawyer If You Have to Go to IRS Tax Court

July 10, 2020

Whether you owe money for past taxes or you are having other issues dealing with the IRS, you could have to appear in IRS tax court. This can be an intimidating time because of the number of people in the court and because of the government aspect that is involved. With the help of Anthony… Read more »

Closing Your Business in Chicago? What You Should Know

June 26, 2020

Are you looking to close your business in Chicago? Well, this is not so easy a decision; however, by this point, you already have good reasons, be it retirement, starting a new business venture, financial problems, or only moving to another state. But the real question is, do you wake up and close the business,… Read more »

Filing A Power Of Attorney For Property Reasons In Illinois

June 19, 2020

An attorney who specializes in estate plan law is the legal expert you need to guide you and your family through the estate planning process. You want to ease the burden that your family could face in the future. Without legal counsel, you will be doing so without a full and clear understanding of family… Read more »

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