CPA Chicago IL and Tax Accountant

CPA Chicago IL and tax attorney Brian J. Thompson prepares personal and business income tax returns.

 

Personal Income Taxes

Claim all of the income tax deductions that you legally qualify for and minimize your federal income tax bill.   Federal tax laws are complex so work with a Chicago CPA to file your income tax returns each year.

Business Income Taxes

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.

Ten Tips for Choosing a Tax Return Preparer

Illinois CPA Society – Top 10 Questions to Ask a Tax Preparer

2018 Federal Income Tax Brackets

2018 Federal Income Tax Brackets

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:

https://www.irs.gov/payments/finding-out-how-much-you-owe

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 Income Tax Returns

Finally, 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.

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