IRS no longer takes checks

As of October 1, 2025, the IRS and all federal agencies generally no longer accept or issue paper checks, with limited exceptions available for those who cannot use electronic payments. This change is mandated by a presidential executive order to increase efficiency,...

POPULARITY

I have written in the past that S-Corps are the most popular corporate entity. Now thanks to the U of I Tax School pulling the numbers together to back it up, they account for over two-thirds of all corporations filing federal tax returns. Moreover, the number of S...

30 Years of Cook County Property Tax Increases

Illinois residents pay the highest property taxes in the nation. Illinois Policy Institute research shows Cook County property tax bills have risen 78% since 2007, despite median property values rising just 7.3%. The treasurer reported last year’s collections were...

Financial Foundation

Early career workers need to set up a financial foundation.  This will assist them on the path to financial security.  Like retirement, the idea is to start early and maintain throughout their careers. Currently 56% of workers early in their careers do not have 3 to 6...

Women’s Financial Well Being

I was surprised to find in this day and age that yes, women are still paid less than men, although the gap has narrowed over time. In 2024, women working full-time, year-round earned about 81 to 85 cents for every dollar men earned, a figure that can be even lower for...

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