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Accounting Articles

Business Consulting (1)
- Can you help get my business to produce profit?
Business Continuation Planning (3)
- What is business continuation planning?
- What is a bona fide transaction?
- Why is a business valuation necessary?
E-commerce Accounting (2)
- My website is losing money. Do you have an e-commerce solution?
- Accounting for an e-commerce based business
Estate Planning (5)
- I just don't know where to start
- What is splitting the estate?
- What is probate?
- Common mistakes made in small business succession and business continuity planning
- Estate inheritance planning
Ethics (6)
- Ethical responsibilities and duties of accountants and CPAs to the public interest
- Ethical responsibilities of CPAs and tax accountants to the client
- Discipline versus tax evasion and tax evasion delusions
- Overly-aggressive deductions can red-flag you and lead to fraud detection
- Seeking revenge on an ex with an IRS audit
- Tax fraud and commingling of funds
Federal Income Tax (5)
- Comprehensive tax return problems
- Form 1120S distributions reported on schedule K-1
- How to pay off a federal tax lien
- Due dates: Form 1120 and 1120S
- Mailing address: Form 1120S
Federal Partnership Return (2)
- Form 1065 and individual taxes
- Corporation LLC taxes and audit of limited liability tax returns
Federal Payroll Tax (4)
- How to amend Form 941: Quarterly Withholding Tax Return
- 941 deposit tax liability
- 941 Short Form EFTPS (Electronic Filing Taxpayers System)
- What is a 941 Quarterly Withholding Form?
General Accounting (6)
- Why are the dates on financial statements important?
- Minority accounting firms in Chicago
- Accounting revenue cycle strengths and weaknesses
- Computer-based accounting
- Financial statements for a durable goods company
- Cost accounting basics
Illinois Department of Revenue (2)
- Finding your Illinois Tax ID Number
- Sales tax rate in Chicago
Illinois Sales and Use Tax Audit (7)
- Why was I chosen?
- What is sales tax?
- What is use tax?
- What is the audit process like?
- What is an audit?
- What if I don't have all of my source documents?
- Sales and Use Tax audit firms
Illinois Unemployment (4)
- What is it and how does it affect my business?
- What happens when a former employee files for unemployment?
- What does it mean when I am responsible for the unemployment?
- How should I prepare myself for future claims?
IRS Audit (9)
- How did I get selected?
- What is the audit process like?
- What is an audit?
- What if I don't have all of my source documents?
- An IRS agent’s routine audit questions about your business
- An IRS audit on a business’ losses
- IRS audit adjustment
- Who should attend an IRS audit?
- How far back in time can the IRS audit?
Medical Accounting (1)
- Medical practice accounting
Non-Filers (4)
- Business income taxes
- Illinois sales & use tax
- Federal payroll taxes
- Unemployment taxes
Payroll Tax Problems (2)
- Employee versus independent contractor determination IRS common law rules
- Non-filers
Quickbooks Consulting (2)
- What should I use my copy of Quickbooks or Peachtree to do?
- I have a copy of Quickbooks, and the numbers don't make any sense. What should I do?
Real Estate Taxation (2)
- 1031 Exchange, Starker Exchange, Like-Kind Exchange, or Tax Free Exchange
- Accounting for a Reverse 1031, Starker, Like–Kind, or Tax Free Exchange
Record Keeping / Bookkeeping (5)
- How long do I need to keep my records
- Which records should I keep?
- Should I try to do my own income statement and balance sheet?
- Tax accountant and CPA correspondence and treatment
- Basic accounting procedures
Tax Planning (4)
- What is tax planning?
- What time of year should my accountant do tax planning?
- Close corporation tax planning, strategies, and solutions
- Tax strategies, solutions, and advice
Trusts (3)
- What is a trust?
- What are the income tax rates?
- What kind of trust is best for me or my situation?

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