Changes in Illinois Employment and Tax Law

In light of this electoral climate, DDIFO’s upcoming Chicago Regional meeting, Don’t Risk Your Network!, seems particularly timely. The program, which includes lunch, will be held next Tuesday, November 13 at the Hyatt Regency O’Hare, 9300 Bryn Mawr Avenue in Rosemont, beginning at 11:30 AM and concluding around 3 PM. The meeting will feature Attorney…

Read More »

Profit Must Be a Dirty Word

At least it seems to be in Portland Oregon! The city is set to advance an initiative to the November ballot that would impose a one percent gross receipts surcharge on businesses with more than $1 billion in national revenue and over $500,000 revenue within the city. The city council is currently debating whether to…

Read More »

Feeling the Bern, Two Years Later

Still on the loose, Democratic Socialist Senator and former democratic presidential candidate Bernie Sanders filed legislation last week that would require employers with at least 500 employees to reimburse the government for the cost of government assistance programs (such as food stamps, public housing, and the like) on which their workers may rely. The bill,…

Read More »

Sexual Harassment at the Northeast Regional Meeting

No, there won’t be any there, but the subject will certainly be discussed in detail and it couldn’t be more timely – each day we read of businessmen, politicians and others losing their jobs or livelihoods because of harassment allegations. At the annual Northeast Regional Meeting on Tuesday, March 13, 2018 at the Sheraton Needham…

Read More »

Independent Joe #47 December 2017/January 2018

There is always a certain amount of fear and trepidation about the unknown. Think back to 1999 as we approached the turn of the millennium and the catastrophes that were forecast to accompany Y2K, as it was then known. To hear some tell it back then, computers were going to think the year was 1900,…

Read More »

New Jersey Tax Change

And for the record, the new federal tax reform law, which doubles the exemption from the federal estate tax for the next 8 years, after which the higher threshold sunsets. But in New Jersey, outgoing Governor Chris Christie succeeded in eliminating the state tax on inheritances completely back when he signed a tax overhaul bill…

Read More »

Tax Reform Tops the List

As we’re all no doubt aware, the tax reform debate is THE top issue being discussed currently in the Nation’s Capital. Yesterday, the US House advanced its tax reform legislation and sent it to the US Senate by a vote of 227 – 205. The bill as approved by the House represents a tax cut…

Read More »

Miscellaneous

The 2018 State Business Tax Climate Index by the Tax Foundation was released last week with few surprises in either the top or bottom 10 states in the listing. Less regulation-oriented states populate the 10 most business-friendly while the more progressive “pick up the rear”. Wyoming tops the list, followed by South Dakota and Alaska.…

Read More »

Disaster Relief Signed Into Law

Last Friday, President Trump signed into law the Disaster Relief and Airport and Airway Expansion Act of 2017. Don’t let the airport references in the title fool you, the significance of this bill for small business owners is the relief it provides for those whose businesses were devastated by recent Hurricanes Harvey and Irma. The…

Read More »

Revenge ON the Machines

No, we didn’t use the wrong preposition, city officials in San Francisco are indeed targeting the machines, or more specifically those who use machines instead of employees. The idea of hitting employers that utilize technology and automation (read: robots) with additional taxes for making their businesses more efficient (at the cost of employee jobs) first…

Read More »