Illinois municipalities have several ways to annex unincorporated property. One of the most consequential is Section 7-1-13 of the Illinois Municipal Code, which permits a municipality, without a landowner’s consent, to annex certain unincorporated territory containing 60 acres or less
The federal employer credit for paid family and medical leave was scheduled to expire after 2025. Congress instead made the credit permanent and substantially changed how employers may calculate it. For taxable years beginning after December 31, 2025, an eligible
The Supreme Court’s decision in Tyler v. Hennepin County arose from a property tax foreclosure. Its influence may extend well beyond delinquent taxes.
In BBLI Edison, LLC v. City of Chicago, No. 25-1713 (7th Cir. July 22, 2026), the
The first major legal challenge to Illinois’ newly enacted Digital Asset Tax Act has arrived.
On July 21, 2026, the Chamber of Digital Commerce d/b/a The Digital Chamber filed a lawsuit in the Circuit Court of Sangamon County seeking to
Illinois has joined the growing national fight over prediction markets. It did so through Senate Bill 3019, a revenue and gaming measure that attempts to bring sports-related prediction-market contracts within the Illinois Sports Wagering Act. KalshiEX LLC has now
A recent federal decision out of Arizona offers a useful reminder about the tax treatment of settlement payments, as well as risks that arise when settlement agreements fail to address tax characterization clearly.
In Adusei v. Auer, a former
The IRS announced a new time-limited settlement initiative for conservation and historic preservation easement cases, offering reduced penalties amid continued government success in Tax Court litigation.
The United Center’s 1901 Project is seeking a Cook County Class 7(b) property tax incentive. Here is how the incentive works, how the project appears to qualify, and why it differs from the Bears stadium tax fight.
In PLR 202619013, the IRS gave a partnership 120 days to make a late Section 754 election after a partner died. The ruling is useful, but not because it creates precedent. Its practical value is the reminder that late relief
Federal law generally prohibits personal use of campaign funds, but the FEC permits some nonincumbent federal candidates to receive salary from campaign committees under limited circumstances. The key issue is “earned income” — a concept the FEC recently analyzed in
