The already sky-high property taxes that plague Chicago and Cook County are expected to increase again this year, increasing by approximately 10 percent and more, causing many business owners to consider relocating to friendlier tax climates and homeowners to second-guess […]

Consider Pre-Paying 2017 Real Estate Taxes to Receive Full Deduction Benefits Prior to Federal Tax Law Changes We recommend individual taxpayers consider pre-paying their personal 2017 real estate taxes prior to December 31, 2017 in order to maximize potential federal tax deduction […]

Property owners in Chicago can expect their property to be assessed in 2018. Cook County uses a triennial reassessment schedule and property owners should always consider appealing the assessments during the first triennial year. If they don’t, the assessments that […]

Illinois residents may soon feel the dual pinch of the increasing property assessments in Cook County combined with the federal tax reform bill that recently passed since it limits the ability of homeowners to deduct more than $10,000 in property […]