Plante Moran Offers Advice on WGN Radio on Whether or Not to Prepay Taxes, and 2018 Economic Crystal Ball


As I fill in for Bill Leff and Wendy Snyder on WGN Radio, HEAR my all-too timely interview with CPA Tax Partner Michael Calahan and CPA and Certified Financial Planner Jim Baird of Plante Moran.

The scope of our conversation included national and state economics, the stock market in 2018, and whether or not the Fed will raise interest rates in the coming year. But, the big topic is property taxes and whether or not to prepay. And the answer, as you can hear, is “it depends.” The experts explain.

I am not the only one who said hook Mary up to solve her question. Many texts repeated this, and Mary now has dozens of potential suitors. Many other listener questions on property taxes, the new tax code, and investing in 2018. Also, locally, does it matter that a record number of people are leaving Illinois?

Here is the Cook County Treasurer Maria Pappas site, which was mentioned.

Politics aside, the good news is that, just from a technical economic perspective, these guys are “bullish” on things for 2018. So, go spend money!

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