New legislation in the American Rescue Plan Act of 2021 changed the reporting requirements for third-party payment settlement networks (such as PayPal, Venmo, Amazon, etc.) to issue Form 1099-Ks…

We have several options for filing your 2022 tax return. Read more to determine what works best for you…

New laws allow a one-time debt relief (cancellation) of up to $20,000 for a Federal Pell Grant while in college or up to $10,000 if you didn’t receive a Federal Pell Grant in college but received another type of loan (see the U.S. Department of Education website for a listing of eligible loans). The debt relief applies only to loan balances you had before June 30, 2022. Parents with eligible student loans of their own can submit their own application for debt relief that will be processed separately from the one your child submits…

Additional Frequently Asked Questions for the 2022 State of Illinois Tax Rebates…

Beginning September 12, the State of Illinois is issuing one-time individual income and property tax rebates to certain taxpayers. The payments are covered under the Illinois Family Relief Plan…