Fred M. AckersonCounselMcDermott Will & Emery Websitewww.mwe.comBlogwww.mwe.com/insightsConnectEmailTwitterLinkedIn312-984-6929 Professional Biography Fred M. Ackerson is counsel in the law firm of McDermott Will & Emery LLP and is based in the Firm's Chicago office. Fred focuses his practice on state and local tax planning and controversies. More Legal and Business Bylines From Fred M. Ackerson Illinois Enacts Pass-Through Entity Tax to Help Partners and S Corporation Shareholders Avoid the $10,000 SALT Cap - (Posted On Saturday, September 04, 2021) Illinois Amnesty Programs Now Underway - (Posted On Tuesday, October 01, 2019) Choices for Illinois Taxpayers in Implementing the 2017 Income Tax Rate Increase - (Posted On Thursday, February 15, 2018) llinois Franchise Tax Relief on the Horizon - (Posted On Tuesday, December 05, 2017) Tax Changes Implemented As Part of Revenue Package Supporting Illinois Budget - (Posted On Saturday, July 08, 2017) Plain and Simple: Maryland Tax Court Holds Insurance Company is Exempt from Corporate Income Taxes - (Posted On Wednesday, May 13, 2015) U.S. Supreme Court Turns its Attention to State Tax, Agrees to Hear “Double Taxation” Case - (Posted On Monday, June 02, 2014) Section 752 Proposed Regulations Regarding Partnership Recourse Liabilities and Rules for Related Persons - (Posted On Monday, January 27, 2014) Current Legal Analysis Understanding the Utah AI Act and Newly Effective Amendments: What Your Business Needs to Know by: A.J. Bahou , Erin Jane Illman CFPB Orders Defunct Debt-Relief Company to Pay $43 Million for Alleged Student Loan Abuses by: A.J. S. Dhaliwal , Mehul N. Madia Indiana Enacts Earned Wage Access Law by: A.J. S. Dhaliwal , Mehul N. Madia FTC Imposed $9.6 Million Judgement Against Debt Collector for Alleged Threats and Phantom Debt by: A.J. S. Dhaliwal , Mehul N. Madia CFPB Withdraws Medical Debt Rule After Legal Challenge from Industry Groups by: A.J. S. Dhaliwal , Mehul N. Madia OCC’s Hood Emphasized AI Oversight and Inclusion in Financial Services by: A.J. S. Dhaliwal , Mehul N. Madia Charges Dropped Against Early Cryptocurrency Exchange Operator by: Kyle R. Freeny , Marina Olman-Pal The CHOICE Act: An Unprecedented Shift in the Future of Noncompete Agreements in Florida by: Laurie M. Riley , Luis E. Llamas SEC Policy Shift and Recent Corp Fin Updates–Part 3 SEC Issues New Guidance on Exclusion of Shareholder Proposals by: Julie F. Rizzo , Jennifer R. Gonzalez EEOC EEO-1 Reporting for 2024: Coming Soon by: Erin D. Schilling , Shivani P. Bailey Leveraging and Protecting Trade Secrets in the 21st Century by: Financial Poise Faculty FUELED BY LITIGATION: ExxonMobil Skids Into TCPA Quiet Hours Lawsuit by: Blake Landis You Sued and Won. Now What? How To Enforce a Judgment and Turn It Into Cash by: Financial Poise Faculty Achieving DEI Compliance…On Your Website by: Byron J. McLain , Kelvin L. Thomas Is “Compromise” a Four-Letter Word? Alabama Legislature Passes Comprehensive Consumable Hemp Reform Bill by: Whitt Steineker Upcoming Events May 9 2025 The IFA World Franchise Show May 13 2025 OHCA’s First Year of Material Change Transaction Notices: A Panel Discussion with OHCA and Polsinelli May 13 2025 PFAS Updates: What’s Happening in the U.S. and EU May 13 2025 What Conflicts Trigger an Insurer’s Duty to Provide Independent Counsel to Defend an Insured Print