Chicago Accounting News

One of the major reasons that Real Estate Management Firms close in the United States is the failure to file and pay payroll taxes. This mistake is more common than most would suspect. You have a weekly payroll, and weekly … Continue reading →

It seems as if Federal and State Income Tax Audits of professionals involved in the Real Estate Management Industry are on the rise. Numbers published by the Internal Revenue Service, showing the results of their enforcement activities, prove that not … Continue reading →

So what does one do if we owe a lot of tax, and simply can’t pay it? If you are a professional involved in the Real Estate Management Industry of Chicagoland, then you probably make more money than the average … Continue reading →

If you have a real estate management firm, penalties and interest can become a difficulty. One of the most common problems presented to Public Accounting Firms in Chicago by newer customers is the issue of penalties and interest. the assessment … Continue reading →

Compliance in the real estate management business is essential. Generally, one of the reasons why new clients would come to a recommended small business accounting firm like ours in Chicago, would be un-filed income tax returns and compliance issues. the … Continue reading →