Illinois Property Values

With the progression of the 2019 tax season, I continue to run into the frustration of home owners who have been paying thousands of dollars in property taxes and Illinois Income Taxes, but now can only write off a mere $10,000. When taxpayers are paying $9,000 to...

Illinois Exodus

This tax season has been interesting from a planning aspect. I have had multiple clients expressing the desire to “get out of Dodge”.  They are seriously looking into fleeing Illinois.  I have to admit that I don’t blame them, but I am stuck here because my...

Payroll Tax returns

Did you know that you are required to keep your payroll tax returns for 7 years?  We have a record retention policy on our website for your convenience: https://leifjensenassoc.com/wp-content/uploads/2016/04/Record-Retention-Policy-Tabled.pdf We had a client who...

The big squeeze

I was at a seminar for the Elk Grove Business Leaders Forum awhile back, under the old management and they had these three business owners presenting.  It was a great presentation. But one owner’s story keeps popping into my mind, how would I handle their...

E-tail options

In the E-tail arena, two options come to my mind.  The first is Amazon and the second is EBay.  Yes, there are other options for very small vendors like Etsy  or a sole site.  There may be 10,000 more sites but none come easily. Because of its...

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