News & Articles

Medical Marijuana in Schools

Governor Rauner has signed legislation that permits medical marijuana to be used in Illinois schools. House Bill 4870 allows a parent or a child’s guardian to administer medical marijuana to students at school. The parent/guardian must be registered with the Department of Public Health, and the legislation does not allow school personnel to administer the

The Estate & Gift Exemption and Using It to Your Advantage

Three popular strategies have emerged for business owners to move their interests from their estate to directly benefit their heirs, while reducing tax exposure and maximizing wealth. By understanding all three, you can make the correct choice to ensure your business’ future. The 2018 federal individual estate and gift exemption amount is $11.18 million per

IRS to Crack Down on “Independent Contractors vs. Employees”

The IRS has begun a crackdown on the classification of individuals in the workplace. Specifically, the IRS is beginning to examine whether an individual meets the requirements of an independent contractor or if they are, in fact, actually an employee. The IRS currently estimates that 80% of workers that are classified as “independent contractors” are

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