Recent Blog Posts

Round 3 Against The Proposed Incentive Amendments

Posted on: March 15th, 2018 by The L&T Blog Team
Today both Peter Tsantilis and Brian Liston again testified against the proposed Cook County prevailing wage amendment to the Cook County Commissioners. The Cook County Finance Committee Commissioners debated the controversial Prevailing Wage Amendme ... Read Full Article

Opposition to Proposed Cook County Prevailing Wage and Apprenticeship Requirements for Tax Incentive Properties

Posted on: March 6th, 2018 by The L&T Blog Team
Last week, Brian Liston and Peter Tsantilis testified before the Cook County Board of Commissioners Finance Committee to voice strong opposition to a recent proposed amendment to the Cook County Assessment Classification Ordnance seeking to add a “ ... Read Full Article

Cook County Revises And Expands Affidavit Needed For Vacancy Relief

Posted on: February 22nd, 2018 by The L&T Blog Team
The Cook County Assessor’s Office has recently updated the Vacancy/Occupancy Affidavit required in order to secure reduced taxes on vacant buildings. The Assessor has expanded the format to two pages, with the first page continuing to request a mon ... Read Full Article

Cook County New Affidavits Requirements For Class 6b And Class 8 Incentives Suspended

Posted on: January 18th, 2018 by The L&T Blog Team
On Wednesday, January 17, 2018, I testified in front of the Cook County Business and Economic Development Committee, along with 24 Mayors throughout Cook County, to repeal the new Cook County Incentives Ordinance 74-71(b)(2), which implemented new La ... Read Full Article

2017 Tax Planning – Pre-Pay Real Estate And State Income Taxes

Posted on: December 26th, 2017 by The L&T Blog Team
The overhauled income tax laws coming into effect in 2018 have resulted in varying ramifications for owners of real estate. The new limit on state income and local property taxes has in most cases made it beneficial to prepay personal real estate ... Read Full Article