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(847) 256-3100

  • Home
  • About
    • The Hechtman Team
    • Testimonials
    • Associations THG supports
    • Remembering Jay Hechtman
    • Careers
    • Peer Review
  • Services
    • Real Estate Accounting
    • Tax Services
    • Accounting
    • Client Advisory Services (CAS)
    • QuickBooks ProAdvisor Services
  • Resource Room
  • Client Resources
  • Contact
  • FAQ

Resource Room

Tax Advisor PPP Appropriations Act CPA Skokie IL CAA

The Consolidated Appropriations Act of 2021: Key Highlights

By Jim HechtmanJanuary 6, 2021

On December 27, 2020, Congress signed the Consolidated Appropriations Act for 2021. This new law provides a range of benefits to individuals and businesses who have been adversely affected by…

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1099 Form-1099-NEC 1099-MISC

Changes to Form 1099: What You Should Know

By Jim HechtmanDecember 11, 2020

During the 2020 tax year, significant changes were made to Form 1099 that will affect how to report nonemployee compensation and certain miscellaneous payments. Please review the important details below…

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The House Tutoring Lounge-COVID Tutoring-Academic

How The House Helps Teenagers Become Successful Students

By Jim HechtmanSeptember 24, 2020

Last March, we sat down with The Hechtman Group client Gil Gibori to learn more about his company The House Tutoring Lounge. With over 20 years in education and entrepreneurship, Gil…

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PPP Borrower Application-Financial Advisor-CARES Act-Skokie IL-Chicago IL

PPP Loan Forgiveness Overview

By Jim HechtmanJune 2, 2020

Last week the SBA published the Paycheck Protection Program (PPP) Loan Forgiveness Application. Although the application is not overly technical, there is flexibility in borrower interpretation of information required which…

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CARES Act-COVID 19-Stimulus

C.A.R.E.S. Act and Financial Assistance

By Jim HechtmanMarch 31, 2020

On March 27, 2020, The Senate and House passed the Coronavirus Aid, Relief and Economic Security Act (CARES) which has now been signed into law and includes the following provisions:…

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tax payment extension 2020-tax advisor-tax return-CPA

Update: Federal Income Tax Filings Extended for 90 Days Beyond April 15

By Jim HechtmanMarch 21, 2020

After extending the April 15 deadline for income tax payment earlier in the week, Treasury Secretary Steven Mnuchin today announced that the income tax filing deadline has been extended 3…

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