True Partners Insights

It’s the first quarter of a new year, and taxes are on the minds of businesses and individuals. While taxpayers are still absorbing the changes to the tax code made by the 2017 Tax Cuts and Jobs Act (TCJA), there’s still time to take action to adjust 2019 tax bills. Three Chicago-based tax experts shared their insights with Crain’s Content Studio, including client concerns and their own advice for navigating […]

I don’t think I can recall a time in my career when tax professionals have been faced with so many challenges in a relatively short amount of time. Over the past two years tax reform and other accounting legislation created issues that required immediate attention, like sweeping international changes that require companies to implement brand new processes. Now that tax departments have  gotten their arms around most of the changes, […]

Politics and Congressional Activity The House and Senate both passed a continuing resolution (CR) that extends government spending authority at 2019 levels through December 20th, and the President signed the bill, thereby averting a government shutdown.  Reportedly, budget negotiators have agreed to new budget levels for many government programs, but they have yet to agree on one of the key issues, which is funding for the President’s proposed border wall. […]