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On Saturday, September 16th, over 850 were in attendance as runners, walkers and volunteers came to the DuPage Pads 13th Annual Run 4 Home, 10K Run, 5K Run, 5K Walk and 1K Family Walk.

They raised nearly $110,000 for those they serve – another successful race!

Thank YOU to their many participants, sponsors and volunteers for taking a step to end homelessness.

Local tax attorney Patrick T. Sheehan is pleased to announce that the law firm he created in 1991, Patrick T. Sheehan & Associates, will also now be known as IRS Trouble Solvers. This new co-branding effort “allows us to better define who we are and continue to focus on what we do best — representing individuals and businesses in trouble with the Internal Revenue Service or the Illinois Department of Revenue.”

When Sheehan started his firm over 25 years ago, it was just a one-man operation. In addition to representing taxpayers before the IRS, Sheehan said that he also answered the phones and emptied out the garbage cans.  However, the steady growth of the firm has led to many changes over the years, including the 2001 purchase of the office building in which they still operate.

Today, IRS Trouble Solvers has three experienced tax attorneys including Molly Young and Greg Dzialo along with a capable staff of professionals. The new brand shines a brighter light on the experience and capabilities of both Young and Dzialo who have a combined experience of 14 years as tax attorneys.  Young’s legal talents include Offers in Compromise, negotiating the release of bank and wage levies and innocent spouse relief.  Dzialo’s legal talents include audits, offshore tax issues and Illinois Department of Revenue matters.

“Unlike the national tax resolution firms that you hear on the radio or see on TV, IRS Trouble Solvers is a local law firm where our lawyers resolve IRS problems like we have done from the very beginning, in a one-on-one setting,” Sheehan said. “If you have an IRS problem, you will sit down with either myself, Molly or Greg in our brick and mortar location in the heart of Chicago’s western suburbs, look him or her straight in the eye and have all of your questions answered. You will never talk to a salesman on the telephone located in another state.”

IRS Trouble Solvers has the ability to reduce or eliminate your IRS and IDR tax problems. The firm represents individuals and businesses on complex and sensitive issues such as unpaid tax liability, unfiled tax returns, wage levies, bank levies, tax liens, the reduction or removal of penalties and interest, installment agreements, Offers in Compromise, innocent spouse relief, audits and the release of federal tax liens.

IRS Trouble Solvers is uniquely positioned to represent taxpayers before the IRS and the IDR. Sheehan is a former Special Assistant United States Attorney with the Internal Revenue Service and served in the IRS Office of Chief Counsel from 1987 to 1991. He has litigated extensively in federal court, including the United States Tax Court, and was sworn into the United States Supreme Court Bar in 2007.

IRS Trouble Solvers is the Chicago tax law firm to call if you have unfiled business or personal tax returns or unpaid taxes and penalties. Visit www.irstroublesolvers.com for a complete listing of the tax issues addressed by Sheehan and his team.

If the IRS has contacted you, call us at 1-877-4-IRS-LAW, we can help. Call Us Before the IRS Calls You!®

Krusinski Construction Company (KCC) is excited to share it has significantly increased its staff in the past year.  KCC has made strategic hires to further develop its business growth and market diversity.  Their teams’ talents in project management, field supervision and pre-construction make an important impact on the services to their clients.  Please join them in welcoming the following people to their exceptional team.

Rick Anderson joins the firm with more than 25 years of experience in the construction industry.  Rick is a senior project superintendent currently managing a project in Skokie for Hillwood Development.

Jennifer Graham is a marketing manager with more than 12 years of experience in the A/E/C industry in business development and marketing.  Jennifer is actively involved in the Society of Marketing Professional Services (SMPS).  

Susan Jouzapaitis is an accountant bringing more than 8 years of industry experience to the firm.

Scott Medows joins our estimating team as senior pre-construction manager.  Scott started his career as an architect and transitioned to estimating and project management shortly thereafter.  He brings more than 20 years of estimating experience, most recently as the director of pre-con & estimating at Morgan Harbour.

Kuy Parker relocated to Chicago from the Louisville, KY area.  There he worked as an assistant superintendent for a general contractor and prior to that for a custom home builder. Kuy is a project engineer at KCC assigned to several projects including an ecommerce facility in Crest Hill and a welfare facility for CN Rail in Green Bay, WI.

Ryan Pritchett joins the firm as help desk specialist.  Ryan has more than 5 years of experience in the corporate IT world and was a consultant for the past 3 years.  Ryan graduated Cum Laude from DeVry University.

ABOUT KRUSINSKI CONSTRUCTION COMPANY 

Founded in 1973, Krusinski Construction Company is a leader in providing comprehensive construction services by creating long-lasting partnerships. KCC delivers solutions to complex building projects in the Chicago metropolitan area with national reach in a wide range of industries. KCC is an active member of the U.S. Green Building Council and is a founding member of Citadel Group, an alliance of seven “best-of-class” regional construction-related companies in 17 cities that have affiliated to serve the needs of national clients. For more information, visit www.krusinski.com.

SAFEbuilt introduces SAFEbuilt Academy. For more than 25 years, SAFEbuilt has been partnering with municipalities across the country to create vibrant, thriving communities. Now, we are passing on our industry knowledge and experience to both new and seasoned building code professionals with affordable, flexible ICC® Certification training.

• Compliance Standards and Lessons Learned – ICC® codes broken down and applied to practical, real-life examples that add value to your role and responsibilities. Taught by ICC® Preferred Education Providers
• Course Delivery for Today’s Student – In-person, year-round courses across the country, as well as live webinars
• Affordable Fees – Training courses range in price from $395 to $695, depending on the course and certification

Advancing careers. Enhancing communities. Building trades and code certification training from the leaders in community development services.

Get on the path of career success. Discover the opportunities for ICC® certification training and Continuing Education Units (CEU) through SAFEbuilt Academy. 

Texas Association of REALTORS® CEO Travis Kessler, 2017 association Chairman Vicki Fullerton and Illinois REALTORS® Treasurer Dan Wagner at the Texas REALTORS® Conference in Dallas on Friday, where Illinois REALTORS® was honored for donating $50,000 for hurricane relief efforts. Photo: Texas REALTORS®.

Illinois REALTORS^®’ leadership has approved sending $50,000 to the Texas Association of REALTORS^® to help with that organization’s relief efforts in the wake of Hurricane Harvey.

Illinois REALTORS^® 2017 Treasurer Dan Wagner made the announcement in Dallas on Thursday. Illinois REALTORS^® was publicly thanked on Friday for the donation at the Texas association’s annual conference.

The donation follows a pattern of Illinois REALTORS^® stepping up to help when disaster strikes, regardless of whether the event is in Illinois or across the country.

“REALTORS^® are often the first to start pitching in to help their communities after tragedy strikes,” said 2017 Illinois REALTORS^® President Doug Carpenter. “Members of our association have been deeply touched by the disaster on the Texas Gulf Coast. Many of us have friends, colleagues and family in areas that flooded, so we want to make sure we do our part to help the region recover.”

Illinois REALTORS^® has made similar large donations in the wake of disasters including hurricanes Sandy and Katrina, and after the 9-11 terrorist attacks.

Illinois REALTORS^® also has a foundation which provides disaster assistance in Illinois. The Illinois REALTORS^® Relief Foundation is currently accepting donations and taking applications for aid for those affected by the flooding in Northern Illinois earlier this year.

Nearly $16 billion worth of deals are in the pipeline for September

Issuance of commercial mortgage-backed securities has increased sharply in 2017. Banks and other underwriters are on track to issue more than $16 billion of securities this month, well above the $10.7 billion that was issued in June, the previous busiest month this year. Through the end of July, $47.4 billion of deals had come to market, up from $37.9 billion during the same period last year, according to Commercial Mortgage Alert. If that trend continues, this year’s volume will easily top 2016’s full-year volume of $77.6 billion.

CMBS volume dried up in the fourth quarter of last year partly because of new rules that went into effect on Christmas Eve under the Dodd-Frank regulatory overhaul. President Obama signed the Dodd-Frank Act in 2010.

Banks and other underwriters of commercial mortgage-backed securities are on track to issue more notes in September than any other month this year, according to a trade publication that tracks the business.

Close to $16 billion worth of deals are in the pipeline for September, according to Commercial Mortgage Alert. So far this year, the top month was June, when $10.7 billion of new securities were issued, the newsletter said.

As of the end of July, deal volume had hit $47.4 billion, compared with $37.9 billion for the same period in 2016, according to Commercial Mortgage Alert. If current volume trends continue, new deals this year likely will exceed the $77.6 billion of 2016 but fall short of the $106.2 billion recorded in 2015, according to industry experts.

Volume dried up during the fourth quarter of last year partly because of new rules that went into effect on Christmas Eve under the Dodd-Frank regulatory overhaul.

Those so-called risk retention rules required issuers to keep at least 5% of the securities they create. Concerned about the added risks and costs resulting from those rules, a number of firms last year exited from the commercial mortgage-backed securities business. But the players that have remained have been able to start increasing volume.

“At the end of last year, there were a lot of folks who were saying we may not get to what we did in 2016,” said Robert Grenda, a senior vice president with Morningstar Credit Ratings LLC. “There was some real concern about risk retention.”

But underwriters have “gotten pretty comfortable” with the new rules, Mr. Grenda said. “We haven’t seen a significant impact on volume.”

The record year for new commercial mortgage-backed securities was 2007, when there were $314 billion of new issues, according to Commercial Mortgage Alert.

Source: Wall Street Journal

People’s Resource Center (PRC) Southeast, along with the Westmont Special Events Corporation and the Westmont Park District, partnered to collect basic supplies for displaced Houston residents. PRC Southeast in Westmont served as the drop-off location and in only three days, was able to fill two vans, a pickup truck and two cars with in-kind and monetary donations to help the devastated area. The supplies were packed into a semi-trailer and driven to Houston on September 4.

PRC was honored to be part of the Hurricane Relief Drive and thanks the community for making the drive a success.

Kristina Kaniauskaite of Westmont Special Events said, “We were surprised how many people stepped up and donated supplies, but we knew the people of Westmont would jump at the chance to help.”

Food Pantry Supervisor Hank Anzelone commented, “Southeast DuPage, especially Westmont, always responds quickly when there are people in need. The drive showed how generous they are.”

Business Ledger nominations for the Friday, November 3^rd Influential Women in Business Luncheon will be ending this Friday, September 22^nd….please click below to nominate an Influential Woman in Business.