Meet The Team
Michael G. Glosniak, JD
Michael G. Glosniak is senior counsel focusing his practice on real estate law, including commercial property transactions, while also specializing in commercial/industrial property tax and assessment appeals in Cook County as well as the surrounding suburban counties of northern Illinois. Mike’s real estate transactional practice includes the following services:
- Negotiating and Drafting Purchase and Sale Agreements
- Commercial Real Estate Transactions
- Residential Property Sales
- Lease Agreements
- Real Estate Structuring/Advisory
- Title Examinations and Title Defect Clearance
- Deeds and Transfers of Title
- Land Trusts
Additionally, the property tax and assessment appeal practice includes the following services:
- Administrative appeals before the County Assessor and County Board of Review
- Review of market data and property valuations through our network of Appraisers
- Tax Objection Complaints filed in the Circuit Court seeking property tax refunds
- Processing Discovery and Case Management
- Negotiating Tax Objections with Assistant State’s Attorneys
- Settling and processing property tax refunds with the County Treasurer
- Appeals to the Illinois Property Tax Appeal Board
- Securing and retaining Tax Incentives (such as Cook County Class 6-B, Class 7, etc.) on newly constructed, substantially rehabilitated or previously abandoned properties
Prior to joining DUGGAN BERTSCH, Michael spent over a decade at one of the first firms in Chicago to specialize in property tax and assessment appeals. His experience has allowed him to navigate and obtain successful results for clients in the real estate assessment appeals process and he is passionate about the savings provided to his commercial and individual clients who often bear the brunt the county’s inequitable property tax system.
Michael earned his Bachelor of Science (B.S.) in Biology and Environmental Sciences from the University of Notre Dame and his Juris Doctorate (J.D.) from Chicago-Kent College of Law.
Michael currently resides in Western Springs with his lovely wife, Laura, and his two amazing daughters, Avery and Maggie.
Publications
The Chicago Daily Law Bulletin Published Timothy Liam EPSTEIN’s Article Entitled, “The plot thickens in players’ defamation suit over PEDs report.”
When a professional baseball player is accused of using performance-enhancing drugs (“PEDs,” inclusive of hormones for purposes of this article), the implications can be catastrophic.
Sports Law Group Named Among Nations Best
DUGGAN BERTSCH, LLC is proud to announce that our Sports Group has once again been recognized as one of the top Sports Law practices in the US by Hackney Publications. Click here to learn more
Contract Cancellation and Force Majeure – Know your Rights and Consider the Consequences
As the world copes with COVID-19 and the necessity of social distancing, individuals and businesses must contemplate the legal ramifications of their contracts, and what happens when those contracts cannot or are not being performed. Most contracts contain termination and remedies provisions that may be implicated given the current health crisis.
Workers’ Compensation & Remote Employees
As stay-at-home orders are being extended throughout the country, a significant population of the US workforce is and will continue to work remotely. Because employers cannot actively monitor and supervise their employees, employers are exposed to additional risks of liability. One significant risk is the potential for employees to sustain accidental injuries while working remotely. […]
Non-deductibility of Expenses Funded with PPP Loan Proceeds
Late last week, the IRS issued Notice 2020-32 which states that no deduction will be allowed for an expense that would otherwise be deductible by a small business if the payment of such expense results in forgiveness under the provisions of the Paycheck Protection Program (PPP) of the CARES Act, and the income associated with […]
DB Alert: CARES Act Tax Relief
As we’ve outlined in our previous Newsletters, President Trump signed into law on March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act or the Act). In addition to the Paycheck Protection Program offered to businesses to further support employee retention and maintenance of the business (See March 30th, CARES Act and Paycheck […]
Alert: Qualified Opportunity Zone Funds
Summary As part of the Tax Cuts and Jobs Act of 2017 (TCJA), a new community and economic development program was enacted under Section 1400Z-1 & 1400Z-2 that garnered little attention at the time of passage, but which now appears to be causing high net worth investors and the investment community at large to take […]
IRS TO ALLOW MOST TAXPAYERS TO DEFER PAYING 2019 TAXES ON APRIL 15, 2020 DUE TO COVID-19
Treasury Secretary Steven Mnuchin, speaking at a coronavirus news conference today, announced that individuals who owe taxes to the IRS can defer up to $1 million, and corporations can defer up to $10 million in payments, for a period of 90 days from the April 15th deadline. At this point, the deferral applies to the income taxes owed, and there does not appear […]
DB Alert: 2019 Payment and Filing Deadlines
As we previously alerted our clients and friends, the Internal Revenue Service has postponed the tax payment deadlines for calendar year taxpayers until July 15, 2020 provided that the amounts owed did not exceed certain levels (prior alert); however, the tax filing deadline itself was not automatically extended under this prior guidance Recent guidance just […]
All Cook County Properties to be Re-Assessed in 2020 Due to COVID-19
The Cook County Assessor’s Office recently announced updates to its assessment and appeal process in response to the coronavirus pandemic. Normally, one-third of Cook County is reassessed in any given year, but due to the projected impact of COVID-19 on property values, the Assessor announced adjustments are planned across the entire county. To make assessments […]