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New Illinois PTE Tax Offers SALT Cap Relief: What Business Owners Need to Know

Dear Clients & Friends,   Important news for our Illinois business owners: Gov. J.B. Pritzker recently signed into law State Bill 2531, joining more than a dozen states with an effective workaround to the federal $10,000 state and local tax deduction (SALT) cap. The bill is intended to provide tax relief for small business owners, who are […]
September 9, 2021
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Matthew Bergman, CPA

Navigating Cannabis Tax Law: Minimizing Risk & Maximizing Deductions

Legal marijuana has gone mainstream, and the cannabis industry is experiencing a boom that shows no signs of slowing down anytime soon. In 2020, global cannabis sales reached $19.7 billion. In the U.S. alone, sales hit a record $17.5 billion last year, according to cannabis market research leader BDSA.   Despite those huge numbers — and the […]
July 29, 2021
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