There have been no announcements on the timing of the 2018 Cook County Annual Tax Sale. The tax sale website notes that emails will be sent to sale participants with future updates; we will send any updates that we receive. The Cook County Clerk remains closed for processing redemption payouts, new postings, and tax deeds, but can process extensions of the redemption period by mail. This information can be found at the links below. Finally, the Circuit Court of Cook County remains closed through at least May 18, 2020. A copy of the Order entered by the court can be downloaded from our secure site here.
We will continue to provide updates as they become available, but in the meantime you may find the below useful. Please contact us if we can be of service!
- The U.S. Small Business Administration’s Paycheck Protection Program began (a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll; the SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities)
- The Cook County Clerk will accept extensions of the period of redemption, but most services are still suspended (documents found here and here)
- The IRS has extended the tax filing and payment deadline for most taxpayers to July 15, 2020 (and many states followed)
- Many local governments are deferring payment of business taxes & fees