Amidst the current crisis, Illinois property taxes have been impacted by both legal and procedural changes.
In late May 2020, the Illinois General Assembly passed SB685 allowing counties to provide property tax relief by extending property tax payments up to 120 days.
Legislation has automatically renewed homeowner exemptions (ex. Senior Citizen Homestead Exemption, Senior Citizen Assessment Freeze Exemption) for … Read More ›
In an effort to maintain their community’s financial well-being, association board members and property managers engage in budgeting and financial planning. This allows the association to account for their operational expenses, repair/replace equipment, and maintain adequate reserves.
While budgeting is essential for the success of the community, an association’s legal counsel can also provide insight that … Read More ›
“Cook County Property Taxes: Business as Usual” -KSN attorney Timothy Jacobs discusses the effect the coronavirus has had on Property Tax appeals in the Chicagoland area. (13 mins.)
KSN Podcast episodes are available here: www.ksnlaw.com/podcast
You can also … Read More ›
With the uncertainty surrounding the coronavirus, KSN would like to assure our clients we are fully operational and equipped to address their legal concerns.
With over 35 years of experience, we are prepared to address this challenge by relying on our core values and business continuity plans. For over a decade, our law firm has utilized … Read More ›