Longer Life Expectancy Means a New Plan
August 06, 2026People are living longer nowadays. According to the Centers for Disease Control and Prevention (CDC), the average life expectancy at birth is 76.5 years for males, 81.4 years for females, and 79 years for both sexes. With medical advances more people are living into their late 80s and 90s than ever before. This is significant… Read more »
Madonia Goes to Blackberry Farm
August 06, 2026Goes To RSVP Here Meet Us at the Farm Inviting families with young children to a fun afternoon at Blackberry Farm. Blackberry Farm is a living history museum where pioneer life is re-created through hands-on fun. Farm highlights include rides on the train, hay wagon, pedal tractors, paddle boats, carousel, and ponies plus visits to… Read more »
Welcome Irina Heyer, CPA
July 20, 2026Welcome Irina Heyer, CPA to our Tax Division It is with great excitement that we announce the addition of Irina Heyer, CPA, to our Tax Division. As we continue to grow our tax clients, we welcome this talented Certified Public Accountant to Anthony J. Madonia & Associates, Ltd. With over 10 years of experience in… Read more »
Red Cards Can Cost More Than A Match
July 08, 2026World Cup Has All Kinds of Penalties Beyond Red Cards, There are Many Monetary Fines From World Cup red card fines to state and federal taxes, the surprise take home from this match might be a bill. Athletes from countries across the globe competing in the World Cup may be going home with an… Read more »
Longer Life Expectancy Means Changes to Retirement Planning
July 07, 2026Flexibility is Crucial in Retirement Planning as People Live Longer People are living longer nowadays. Medical advances mean more people are living into their late 80s and 90s than ever before. A longer life means more years in retirement, and that shift has real consequences on retirement planning. Planning for your life after work is… Read more »
Official Launch of TrumpAccounts.Gov
July 06, 2026Trump Accounts Launch: Official Announcement July 4, 2026 Marks the Launch of Trump Accounts and App On the 250th anniversary of the founding of the United States, the U.S. Department of the Treasury has announced the official launch of the TrumpAccounts app, giving American families a new way to view, manage, and invest in their… Read more »
The Tax Benefits of Legacy Nutrient Deductions for Farmland Owners
June 15, 2026Farmland value is not limited to acreage, yield history, buildings, or location. Productive soil may also contain measurable fertility with tax value. Legacy nutrient deductions allow qualifying farmland owners to allocate part of a purchase or inheritance value to residual soil nutrients, then claim tax treatment tied to those nutrients when the facts and documentation… Read more »
Spoil Dad this Father’s Day
June 09, 2026Treat Your Dad Like a King on His Special Day We celebrate Father’s Day to honor fathers, father figures, and the impact of paternal bonds on society. The day is dedicated to showing appreciation for the hard work, sacrifices, and nurturing role that dads and father figures provide. People typically celebrate by giving gifts (like… Read more »
Estate Planning Gifting Strategies to Reduce Taxes
May 22, 2026Estate taxes can reduce what families, business owners, and high-net-worth individuals pass to the next generation. Gifting strategies reduce estate taxes by moving assets out of a taxable estate during life through annual exclusions, lifetime exemptions, direct payments, trusts, and valuation planning. Anthony J. Madonia & Associates helps clients connect legal planning with tax judgment… Read more »
Join us the AJM&A Night at the Boomers
May 14, 2026Save the Date-Friday, July 24 with the Schaumburg Boomers AJM&A, Ltd. once again hosts a family-friendly event at Wintrust Field with the Schaumburg Boomers on Friday, July 24. Join us for a night of baseball, fireworks, good friends and ballpark food. RSVP now or wait for the Evite.