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The Tax Cuts and Jobs Act: Tax Reform

The Tax Cuts and Jobs Act: Tax Reform

Tax Law, Tax Tips

The Tax Cuts and Jobs Act: Tax Reform

  The Tax Cuts and Jobs Act was signed by President Trump on December 22nd and is now law! The new law makes sweeping changes to the U.S. tax code [...]

Tax Reform Update

Tax Reform Update

Tax Tips

Tax Reform Update

The House of Representatives has passed a tax reform bill, which for the first time since the 1980’s, would enact fairly comprehensive changes to our Tax Code. The Senate is [...]

Time to Renew Expiring ITINS

Time to Renew Expiring ITINS

Tax Law

Time to Renew Expiring ITINS

Time to Renew Expiring ITINS For taxpayers who require an ITIN (Individual Taxpayer Identification Number), now is the time to renew it before the end of the year.   Click here [...]

The New Illinois Tax Hike

The New Illinois Tax Hike

Tax Law

The New Illinois Tax Hike

From the Desk of Michael T. McCormick The New Illinois Tax Hike Illinois budget legislation has been enacted over Gov. Bruce Rauner’s veto that increases corporate and personal income tax [...]

Taxpayer Advocate Service Mid-Year Report to Congress

Taxpayer Advocate Service Mid-Year Report to Congress

Tax Law

Taxpayer Advocate Service Mid-Year Report to Congress

From the Desk of Lauran L. Stevenson Taxpayer Advocate Service Mid-Year Report to Congress This week’s post will introduce the Fiscal Year Objectives Report to Congress. This report presents a [...]

Getting Your Tax Refund

Getting Your Tax Refund

Tax Law

Getting Your Tax Refund

From the Desk of Lauran L. Stevenson Getting Your Tax Refund Most taxpayers this year have faced longer wait times for refunds than in previous years. This could be due [...]

The Often-Overlooked Home Office Business Deduction

The Often-Overlooked Home Office Business Deduction

Tax Law

The Often-Overlooked Home Office Business Deduction

From the Desk of Lauran L. Stevenson The Often-Overlooked Home Office Business Deduction As part of National Small Business Week (April 30-May 6), the IRS highlighted a series of tips [...]

President Trump’s New Tax Proposal

President Trump’s New Tax Proposal

Tax Law

President Trump’s New Tax Proposal

From the Desk of Michael T. McCormick President Trump’s New Tax Proposal President Trump outlined his new tax proposal on Wednesday that the Administration intends to submit to Congress. “Today [...]

Tax Planning for the Donald Trump Presidency

Tax Planning for the Donald Trump Presidency

Tax Law

Tax Planning for the Donald Trump Presidency

From the Desk of Michael T. McCormick Tax Planning for the Donald Trump Presidency After a heated presidential election, the time is now to look forward and see what changes [...]

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McCormick Tax Group, LLC
70 West Madison Street, Suite 5650
Chicago, IL 60602

Phone: 312.466.0800
Fax: 312.466.0808
info@mccormicktaxgroup.com

 

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General Disclaimer
General Disclaimer: The content of our web pages has been prepared or compiled by McCormick Tax Group, LLC for informational purposes only and does not constitute tax advice. Transmission or receipt of any content materials is not intended to create, and does not constitute, an engagement. Readers of our content should not rely upon it without seeking professional tax advice, and it is no substitute for getting the advice of a tax professional.
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