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Asset Management Insights

True Partners is a 2019 Best Place to Work in Chicago

To determine the 2019 Best Workplaces in Chicago, Great Place to Work® analyzed anonymous survey feedback from almost 19,000 employees working in the Chicago metro area. We are excited and proud to be listed among these elite employers in Chicago! View the 2019 List here (scroll down for Small and Medium Companies) View our Best Place to Work profile here.

May 21, 2019

Common Tax Due Diligence Issues for C Corporation Acquisitions

In-depth tax due diligence in a C corporation acquisition is vital. Since C corps pay federal and state income taxes at the entity level, unexpected tax liabilities (including those from before the deal) could remain with the buyer and can create very unpleasant surprises. Here is a list of the common issues that should be reviewed during tax due diligence when acquiring a C corporation: 1. Federal and state income […]

May 14, 2019

Washington Tax Insight May 2019

Politics and Congressional Activity Congress returned to Washington after a 2-week recess to face a busy agenda including post-Mueller report investigations and continuing hearings on a number of oversight issues.  They also must deal with budget and spending issues with a difference of opinion in the House and Senate over how to proceed this year.  The Democratic-controlled House Budget Committee opted to forego drafting a budget resolution and instead chose […]

May 6, 2019