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What’s going on with tax reform?

May 22, 2017

By Randy Mihm, CPA, JD, Partner The biggest question fielded in the industry today is what is going to happen with tax reform now that the new administration has settled into office. President Trump’s campaign promised tax simplification, tax reduction and tax reform. It is apparent that any potential tax law changes to address these

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The SALT Shaker – May 2017

May 16, 2017

By Keith Habel, CPA Partner, SALT Practice Leader Illinois Proposed 20% Privilege Tax on Investment Management Services: Illinois has proposed legislation that would levy a privilege tax at a rate of 20 percent on partnerships and S corporations engaged in the business of conducting investment management services. The legislation, which was introduced on February 9,

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