Algonquin is a village located in both Kane and McHenry County, Illinois. A 2007 special census placed the Village's population at 30,548, growing considerably from the 2000 Census figure of 23,276. The village is known as "The Gem of the Fox River Valley", since its downtown is nestled in the heart of Illinois' Fox River Valley. Established in 1890 and long known as a small river community, the village is currently making the transition into a major regional hub, as it has experienced considerable suburban growth over the past 15 years. Now stretching all the way west to the busy Randall Road corridor, Algonquin has become a major center of retail activity and a growing business center. Additionally, the village continues to see considerable residential growth. In wake of the growth, the village has had to deal with challenges such as traffic congestion and overburdened schools. In spite of this, the Village has managed to grow its commercial tax base, preserve its character and history, and substantially increase its recreational offerings.
What is tax law?
Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.