Tax School Blog

Welcome to the U of I Tax School blog – where you’ll find current, relevant, and actionable information for your practice (and have some fun doing it).

The U of I Tax School blog is written by tax professionals for tax professionals.

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The Identity (Theft) Mash

Since today is Halloween, we thought it timely to republish this blog post. Be sure and read it to the tune of Bobby Pickett’s “The Monster Mash” (or hit play…

Fraudulent Text Messages Impersonating The IRS

We at the University of Illinois Tax School want to make tax practitioners in our community aware of a nasty scam that is gaining in popularity. Perhaps you have already…

5 Instructors. 12 Dates. 1 Fall Tax School.

We interrupt your regularly scheduled programming to bring you a bit of timely self-promotion, as we are a mere two weeks away from the start of Fall Tax School. What…

The Extension Due Date Approaches

For many tax professionals, April 18, 2022 marked the end of a long march toward the due date for individual and corporate tax returns. But for those individuals and businesses…

Disaster Relief for Taxpayers

As Florida begins the recovery process from Hurricane Ian, Puerto Rico deals with the effects of Hurricane Fiona, and California continues to suffer from wildfires, we find ourselves in the…

Life Estates in the Distribution of Estate Assets

Recently in the Tax School Facebook private group, an interesting question was raised regarding the transfer of real estate when an interest in the property is retained. The question concerned…

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