A U.S. District Court judge in Alabama recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. The CTA, enacted on January 1, 2021, directs the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to establish a nationwide database of beneficial ownership of certain corporations and other legal entities, including:
Directors and board members of … Read More ›
As the calendar turns to a new year, that means a new tax return bill will soon be in the mail. For property owners who think their tax bills are too high, that means they will be thinking of whether to appeal. Here’s how to handle a property tax appeal in Cook County.
What Are Reasons … Read More ›
“2024 Illinois Landlord Legal Updates – Part 2” – KSN landlord/tenant attorney Jessica Ryan discusses important legal updates impacting Illinois landlords and rental property managers.
Topics include the Just Housing ordinance, Cook County Residential Tenant Landlord ordinance, source of income, state of evictions, and more. (50 mins.)
The KSN Podcast examines various aspects of association law, landlord/tenant issues, … Read More ›
Cook County properties are reassessed on a triennial schedule. Every three years, the new valuations – along with appeals, exemptions, local tax levies, and assessments of nearby properties – determine the amount of future property tax bills.
For the purposes of reassessment scheduling, the thirty townships within Cook County are divided into three groups:
North/northwest suburbs
South/southwest suburbs
City … Read More ›