CPA Chicago IL and Tax Accountant
Chicago CPA (Certified Public Accountant) prepares individual, partnership, corporate and S corporation state and federal income tax returns. Save money on your state and federal income taxes. Tax law is complex. Therefore, you need a tax accountant and CPA on your side.
Personal Income Taxes
Claim all of the income tax deductions that you legally qualify for and minimize your state and federal income tax bill. Federal tax laws are complex so work with a Chicago CPA to file your income tax returns each year.
What Business Expenses Can I Deduct?
What business expenses can you deduct? The general rule is all ordinary and reasonable business expenses are tax deductible. However, the details of the tax laws are complicated. Therefore, I work with businesses to minimize their tax bills.
Chicago CPA for Small Business Tax Preparation
What do I need to provide my tax accountant for business tax preparation? Provide your accountant with a business income statement, balance sheet, estimated tax payments details, if applicable, and ownership information.
How to Find a Good or Tax Accountant
Check IRS Balance Owed
Individual taxpayers can check how much they owe the IRS and the balance due by tax year with this IRS website tool:
Pay IRS Online
If you want to pay the IRS online from your bank account or with your credit card or debit card: https://www.irs.gov/payments/
Past Due Unfiled Income Tax Returns
Finally, let me prepare your past due unfiled tax returns. Don’t delay because federal law provides that the IRS may assess a penalty if a taxpayer fails to file, fails to pay or both. If you do not file your income tax returns by the due date, a failure-to-file penalty may apply. In addition, if you do not pay your income taxes by the due date, a failure-to-pay penalty may apply. For more information on IRS penalties, visit http://brianthompsonlaw.com/irs-penalties/
CPA Chicago. Tax law is complex. Therefore, contact Chicago CPA and attorney Brian J. Thompson for an initial free consultation via phone or email (Brian@BrianThompsonLaw.com).