Observations on Cook County’s Soda Tax From a Naperville Business Law Attorney

Last month, a controversial new policy went into effect in Cook County, and consumers throughout the region are a bit unsure what to make of it. The new policy introduced a countywide tax on sweetened beverages in the amount of $0.01 per ounce sold, making the cost of soda in Cook County among the highest […]

Property Tax Exemption Crackdown Law Sought by Cook County Leaders

Under current Illinois property tax laws, homeowners can claim a homestead exemption on their primary residences in order to reduce their¬†property taxes. Unfortunately, WGN Radio reports that many homeowners abuse this exemption by also claiming it on vacation homes, rentals, and second homes. Lawmakers are supporting legislation that would give local authorities power to go […]