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Member Articles


Corporate Compensation Spotlight: Employee Stock Purchase Plans

If your business is incorporated and seeking an attention-grabbing compensation benefit, check out an employee stock purchase plan (ESPP). A recent survey of about 600 business leaders by Computershare, a global financia ...

Court Ruling May Open Door to COVID-Era Tax Penalty Refund Claims, But Time Is Limited

A recent federal court decision is prompting renewed discussion around whether certain taxpayers may still have opportunities to recover penalties tied to federal tax filings during the COVID-19 pandemic disaster period. ...

Moved Out of Illinois? The Tax Rules May Not Agree

Generally, the State of Illinois may tax the worldwide income of a person who is domiciled, that is, a resident of Illinois. Recently, the Illinois Department of Revenue (“IDOR”) adopted administrative rules providin ...

New Provisions For 2026 May Affect Your Tax Planning

The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025 federal income tax returns being filed now. However, some OBBBA provisio ...

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