by apexcpas | Jul 4, 2018 | Tax Planning
Because of its catastrophic nature, the earthquake and tsunami that hit Japan last month is a qualified disaster for purposes of the federal tax law, according to the IRS. Similar determinations have been made regarding prior international disasters,...
by apexcpas | Jul 4, 2018 | Tax Planning
You may be thinking “Is it that time again to try and figure out what this year’s tax bill might turn out to be?”. Or, perhaps, “Tax planning why do I need to do that?” Whether you’re new to tax planning or you have done it consistently for years, tax planning for...
by apexcpas | Jul 4, 2018 | Tax Planning
Illinois Small Business Job Creation Tax Credit Act to Create 20,000 New Illinois Jobs On April 13, 2010, Governor Pat Quinn signed into law a tax bill designed to boost the Illinois economy and the small businesses driving it. The Small Business Job Creation...
by apexcpas | Jul 4, 2018 | Tax Planning
Mid-year tax planning for 2010 may require an understanding of one of the most complicated tax years in recent memory. The 2010 tax year represents a critical time to ascertain and identify any tax traps while maximizing opportunities for dramatic tax savings. Next...
by apexcpas | Jul 4, 2018 | Tax Planning
On March 18, 2010 the Hiring Incentives to Restore Employment (HIRE) Act was enacted. This piece of legislation, also known as the “Jobs Bill”, is designed to encourage the employment and retention of unemployed individuals. There are two components to this bill, the...
by apexcpas | Jul 3, 2018 | Business Strategies, Tax Planning
Sam Segretto has built a business on making people look beautiful. He, his wife, and three sons own the upscale Zazú salons with locations in Chicago, Hinsdale, Wheaton and Naperville. Being a business owner is never part-time. “We live it,” he says. “It’s 24 hours,...