Calculating Child Support in Illinois

  State law in Illinois requires that both parents financially support their children. The underlying theory supporting this is that children should not suffer simply because their parents are no longer together. If you are in the process of a divorce or child custody dispute, you should consult with a family law attorney for assistance.  … Read more

Preparing Your Start-up’s First Tax Return

  Speaking from experience, starting your own business is a stressful, risky, and all-consuming experience. But honestly, that’s how it should be—living the American Dream of making it on your own should be the result of hard work. The first year of running a new business is often the most difficult, as the one-time costs  … Read more

IRS and Identity Theft

  Very few people like dealing with the IRS if they don’t have to. One particular time we welcome this contact is when we are filing our tax returns, expecting a large refund. Unfortunately, an increasing number of taxpayers in the electronic-filing era are getting shocking news each year: that their tax refund has been  … Read more

Do I Need a Divorce Attorney?

  Divorce is one of the most difficult events in a person’s life. It is a highly emotionally charged time in which spouses are simultaneously dealing with the grief of a significant relationship ending, the anger of what led to the separation, the uncertainty of dividing marital assets, and the possibility of a heated dispute  … Read more

An Overview of Criminal Tax Charges

  Any criminal charge is a matter to take incredibly seriously, as your good name, your ability to vote and work, and your very freedom are all at stake. Federal criminal charges take things to another level, as the Federal government has greater overall resources than state and local governments. In addition, the Federal government  … Read more

Taking a Case to Tax Court

  One of the last things that any person or business wants, or envisions, when they file their annual tax return, is to wind up in a federal tax court. However, when you work hard and prepare your tax returns honestly, you do not expect to get audited and stuck with a significantly higher tax  … Read more

Why Was My Tax Refund Withheld?

  A lot of people approach tax season with dread, anticipating all of the work it will take to prepare and file their taxes. However, with that dread can come excitement about receiving a tax refund. Some of us rely on that refund and others even spend it before they receive it. Unfortunately, the IRS  … Read more

President Trump Establishes IRS Priorities

  Everything in the national news these days seems to focus on Russia investigations and the GOP’s efforts to replace Obamacare. This is unfortunate for President Trump, who had high hopes of quickly implementing a sweeping tax code overhaul and reform. While it is unlikely that congress will even take any substantive steps toward tax  … Read more

The Importance of Proper Estate Appraisals

The Importance of Proper Estate Appraisals

Executors have the most important role in the probate process. They are responsible for everything from filing the will and death certificate and opening the probate process, through the final order and distribution of assets. In fact, they have legal duties to the estate and can be held personally liable if they breach these duties.  … Read more

Breach of Fiduciary Duty

Breach of Fiduciary Duty

When preparing a will, one of the big decisions is who to appoint as executor. This is the person or firm that you are putting in charge of taking your estate through a probate court. If you pass away without a will, an administrator is appointed in this role. Why is choosing this representative such  … Read more