On behalf of The Law Offices of William J. Seitz, LLC. | Aug 11, 2020 | tax law
Residents across the United States know that taxes are part and parcel of today’s world. The income generated through taxation may often fund important infrastructure efforts and programs. However, it is important that taxes be fairly assessed and understood by...
On behalf of The Law Offices of William J. Seitz, LLC. | Jul 22, 2020 | tax law
In the state of Illinois, there is no single set rate for property tax. This means that the tax on your property depends on the equalized assessed value of that property as well as the amount of money that your local district determines is necessary for its operation....
On behalf of The Law Offices of William J. Seitz, LLC. | Jun 9, 2020 | tax law
Illinois residents like you pay taxes on many things. It is important to understand where your money is going. Consumer tax is one of the biggest daily taxes you will deal with. These taxes come from different places. Knowing where your tax dollars go in consumer laws...
On behalf of The Law Offices of William J. Seitz, LLC. | Jun 8, 2020 | property tax appeals, tax law
Owners of commercial property in the Chicago area have a lot to think of when it comes to their bottom line, and one financial aspect of owning a business is property taxes. It is essential that property taxes are paid on time to avoid late payment penalties, which...
On behalf of The Law Offices of William J. Seitz, LLC. | May 22, 2020 | tax law
Taxes play a big role in take-home pay. Because of this, the federal government taxes individuals based on various income brackets. Illinois has made the recent proposal to get on board with this. One of the big, supporting arguments for graduated income tax is that...
On behalf of The Law Offices of William J. Seitz, LLC. | May 21, 2020 | tax law
Getting your property tax assessment may be something you have come to dread, especially if your taxes seem to steadily increase. However, it is possible to appeal your property tax assessment and potentially reduce the amount you have to pay. There are several...
On behalf of The Law Offices of William J. Seitz, LLC. | May 21, 2020 | tax law
Property taxes are a push and pull kind of game. The Illinois government wants to leverage what they can, as these taxes go to public expenses in need of funding. But as a hospital, costs are some of the most important factors to consider in order to provide top-tier...
On behalf of The Law Offices of William J. Seitz, LLC. | May 20, 2020 | tax law
Hospitals play a critical role in the community, from handling health emergencies to providing residents with medical services they count on. However, hospitals face many financial pressures, from massive debt to tax burdens. Some hospitals, such as nonprofit...
On behalf of The Law Offices of William J. Seitz, LLC. | May 20, 2020 | tax law
From business owners to those who own residential homes, property taxes are often difficult to deal with. These obligations place a lot of financial strain on families and entrepreneurs, sometimes resulting in shattered dreams and necessitating major changes (such as...
On behalf of The Law Offices of William J. Seitz, LLC. | May 18, 2020 | tax law
For many people, the dream of owning their own home signals a major milestone in their life. A place to call one’s own can bring with it a sense of freedom and security, but it also comes with some responsibilities that are unique to home ownership. Paying...
