Category Archives: Tax

Chicago’s Sweetened Beverage Tax Repealed Effective December 1, 2017

In a nearly unanimous vote by the Cook County Board on October 11th, the Cook County sweetened beverage tax has been repealed. Passed in early August 2017, the controversial tax was only in effect for two months before lawmakers decided … Continue reading

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Restaurant Owners: Are You Taking Advantage of All Tax Credits and Deductions?

Restaurant owners can take advantage of many special deductions and credits providing substantial tax savings. Here are several to explore: Tax Credits for Hiring in Empowerment Zones.  Tax credits are available for hiring employees who live and work in an … Continue reading

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