New rules on openness and evidence adoption in property tax hearingsNovember 2006Illinois Law Update, Page 584The Property Tax Appeals Board (Board) has amended sections 1910.67 and 1910.90 to 86 Ill Adm Code 1910 to reflect that although property tax appeal hearings are generally open to the public, the board or its officers can now close all or parts of hearings in order to protect private information from being disclosed.
Procedures for appealing to PTAB adjustedMay 2006Illinois Law Update, Page 230In order to clarify existing procedures and add a new deadline extension for submitting rebuttal evidence, the Property Tax Appeal Board has amended and added to Part 1910 of Title 86, 86 Ill Adm Code 1910, effective February 15, 2006.
Danger lurks in p.i. confidentiality clausesBy Helen W. GunnarssonMarch 2006LawPulse, Page 110A recent case – involving none other than Dennis Rodman – holds that plaintiffs must pay tax on the portion of a settlement award deemed payment to a p.i. client for his or her silence.
Circular logicBy Helen W. GunnarssonAugust 2005LawPulse, Page 382Revised IRS Circular 230 requires lawyers and others who offer tax advice to take extra care and additional steps. Some lawyers think it goes too far.
New limits for family limited partnershipsBy Helen W. GunnarssonAugust 2005LawPulse, Page 382Casting a shadow over a popular tax avoidance device, a recent case disallowed an estate tax break for a decedent who maintained too much control over the business he transferred to his family limited partnership.
Property Tax Code allows for post-judgment motionsMay 2005Illinois Law Update, Page 232On February 17, 2005, the Illinois Supreme Court reversed the appellate court's dismissal of the property owners' appeal and remanded the case to the appellate court.