LLG Partners with ‘Watts of Love’ for 2018 Day of Service

This year for our annual Day of Service, we spent Friday, September 21 volunteering at “Watts of Love” in Downers Grove.  Watts of Love is a global nonprofit focused on distributing solar lighting and other solar technologies to the 1.3 billion people living in poverty without access to light or a reliable energy source. Access to solar lighting increases household income, improves health, enhances child development, and starts people on the pathway to prosperity. Great job, LLG team!

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2018 Tax Planning Guide

Click on the following link to view the :  2018 Tax Planning Guide

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August, 2018 Client Bulletin

Please click here to view: Client Bulletin Aug 2018

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New Tax Reform Law Regarding Deductions

THE NEW TAX REFORM LAW TAKES A BITE OUT OF MEALS, ENTERTAINMENT, AND TRANSPORTATION DEDUCTIONS By Jay M. Rubinstein The Tax Cuts and Jobs Act, (TCJA), although being pro-business in many respects, limits the deductibility of meals, entertainment, and transportation expenses. In the past, taxpayers could deduct 50% of expenses for business related meals and entertainment. But under the new law, many clients are asking questions regarding these new limitations. We have simplified the changes so you and your business can have a quick guide to understanding the new law and how these deductions can help you manage the cost … Continue reading

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South Dakota vs. Wayfair – State Sales Tax and State Income Tax

SOUTH DAKOTA V WAYFAIR INC. A VERY IMPORTANT DECISION FOR YOUR BUSINESS AFFECTING STATE SALES TAX AND STATE INCOME TAX On June 21, 2018 the Supreme Court rendered a decision with far reaching and substantial implications for many businesses. The purpose of this communication is to inform you of the importance of this decision and to encourage you to contact us to discuss how this decision could affect your business and operations. The History In Quill Corp. v. North Dakota (“Quill”), the U.S. Supreme Court held that a state could not require a seller to collect and remit sales tax … Continue reading

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