FBP - Certified Public Accountants
Illinois Estate Tax—Everything You Need to Know

Illinois Estate Tax—Everything You Need to Know

This is the final installment of a three-part series on estate planning. Illinois is one of 12 states that impose an Estate or Inheritance tax in addition to the Federal Estate tax. The Illinois estate tax is administered through the Office of the Attorney General,...
Federal Estate Tax

Federal Estate Tax

This is the second installment in a three-part series on Estate Planning. The federal estate tax is one of the most complex and controversial taxes in the United States. This tax is imposed on the transfers of property at death, and it can have a significant impact on...
Can Inflation Be Good For Your Cash Flow?

Can Inflation Be Good For Your Cash Flow?

Inflation is defined as a sustained increase in the general price level of goods and services in an economy. There are a number of ways to measure inflation, but the most common is the Consumer Price Index (CPI). The CPI is a measure of the average change in prices...