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News, Resources, and Legal Tips

Mobile Tax Law: Venmo Tax Implications

If Your Business Uses Venmo, Read This Now

Are you using Venmo as a payment option for your business. Do you reimburse employees via Venmo? If yes, do you know about the tax implications of doing that?

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Blockchain Law: Illinois Smart Contracts Law

Illinois Now Recognizes Blockchain Contracts

Illinois has a new smart contract / blockchain records law. Click through to learn what it is and what you need to know. Blockchain lawyer breaks it down.

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Online Tax Law: ebay is inappropriately charging tax on exempt items

Is eBay Imposing Illegal Sales Tax on Exempt Items?

Is eBay Imposing Illegal Sales Tax on Exempt Items? Yes, and it may be the seller's fault. Every Illinois e-commerce operation should read this article.

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Tax Law: Opportunity Zone Updates

Opportunity Zone Updates Expand Program

The Opportunity Zone program is a government-developed tax shelter for high-net-worth individuals. Is the program right for you?

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Startup law: 5 tips for smartly setting up your startup

5 Legal Considerations for Every Illinois Startup

Launching a startup in Illinois? Here are five legal things you must consider. Our team helps Illinois startups businesses start on the right legal foot.

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Tax Law: alimony tax-deduction replacements

The Alimony Deduction is Gone. Now What?

The Tax Cuts and Jobs Act got rid of the alimony tax deduction. In this article we talk about strategies to offset the lost tax deduction.

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FTC Defense Law: University of Phoenix deceptive marketing case

University of Phoenix Deceptive Advertising

Is the University of Phoenix is a “scam school”? The for-profit college agreed to a $191 settlement over “deceptive advertisements.” Let’s dive in.

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Tax Law: Accidental Americans international tax amnesty

Tax Help for “Accidental Americans”

EU representatives sent a letter to the United States urging a new plan for people caught in a cross-border tax web. Will the US listen and comply?

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Crypto Law: Federal Legislative Proposal

Cryptocurrency Act of 2020: What You Need to Know

2020 may be the year that federal legislators pass big crypto bills. Invested in the market? Take one minute to read the bill expected to pass in 2020.

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