Section

Finance & Economy

CME Group, the trading floor, and the economic pulse of Chicago and the Midwest.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | TREAT&ART NailSpa
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | TREAT&ART NailSpa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

Tracy Michelle's Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Finance & Economy

Tracy Michelle's Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

LA Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

LA Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Smile Nails Spa
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Smile Nails Spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

O'Hare International Airport Breaks Ground on New Air Cargo Facility
Finance & Economy

O'Hare International Airport Breaks Ground on New Air Cargo Facility

O'Hare International Airport began construction on a new air cargo facility as e-commerce shipping volume through the airport continues rising.

Tracy Michelle's Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

Tracy Michelle's Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Vinci Nails Bar Bellwood
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Vinci Nails Bar Bellwood

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

McCormick Place Tourism Revenue Reaches New High as Convention Business Rebounds
Finance & Economy

McCormick Place Tourism Revenue Reaches New High as Convention Business Rebounds

Convention and tourism revenue tied to McCormick Place reached a new high, driven by a rebound in trade show and group travel business.

JJ SPA: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Finance & Economy

JJ SPA: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.