September 2012 Archives

Financing secured for Wacker Drive construction project

Chicago's current thriving renters' climate could be behind the recent plans announced for an apartment building at a shuttered construction site located on Wacker Drive, downtown. The apartment building will fill the void left when work started and then stopped on a hotel a few years ago. Developer Related Cos. has reportedly secured a loan for the construction.

Study: yes, IRS audits do increase business tax compliance

Most Illinois businesses probably do not look forward to being audited by the Internal Revenue Service. This is because in raising issues in an audit, the government naturally is hoping to increase its tax revenue. On the other hand, businesses obviously would like to pay as little tax as is legally possible.

Small businesses cautious about borrowing money from banks

Many people throughout the Chicago area have ideas for start-up businesses. Successful entrepreneurs understand that one of the first matters that needs to be addressed when someone decides to make a dream a reality is financing. Financing plays an important role not only when a company is initially launched, but often once the business is off and running, as well.

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