Tax Law News and Insights

The Illinois General Assembly enacted a number of new tax measures in a flurry of activity at the end of its legislative session. Some of the changes are taxpayer friendly and others are not. Unlike the no-deal chaos of past years, all of the measures have been or are expected...

Read More

Technological advances, particularly in the areas of online commerce and cloud solutions, have forever changed how business is conducted in the U.S. and abroad. Because of these developments, Corporate America has made quantum leaps in the use of technology to streamline processes, improve efficiencies and minimize costs. Good News, Bad...

Read More

A partnership (or LLC) can go public in a highly tax-efficient manner by using an "Up-C" structure. An Up-C structure is composed of two entities: (1) a parent company, a C corporation ("PubCo") which will be organized as a holding company, and (2) PubCo's subsidiary, which is the partnership or...

Read More