Chicago Accounting Articles
Auditing and Amending Tax Return Chicago Illinois
Updated July 27, 2015 Auditing and Amending Tax Return Chicago Illinois Once the audit of a tax return has been completed, you will receive a list of changes from the Internal Revenue Service or The Illinois Department of … Continue reading
2011 Tax Bracket Chicago Illinois
Updated July 24, 2015 2011 Tax Bracket Chicago Illinois Earnings tax rates, and filing statuses for 2011 2011 Tax Rates Tax Rate Single Filers Married filling jointly or qualifying widow/widower Married filling separately Head of household … Continue reading
Business Income Tax Chicago Illinois
Updated July 24, 2015 Business Income Tax Chicago Illinois The business income tax or your company’s taxes depends entirely on the type of entity. If you are a corporation, then there is one set of tax brackets. If … Continue reading
What Is Corporation Tax Chicago Illinois
Updated July 27, 2015 What Is Corporation Tax Chicago Illinois There are many different types of corporations from an Income tax standpoint. The two most prevalent are regular corporations and s corporations. A regular corp or c corp … Continue reading
Corporate Tax Rates Chicago Illinois
Updated July 24, 2015 Corporate Tax Rates Chicago Illinois Tax Rate Schedule for Corporations For Tax Years Beginning in 2011 If the taxable income is The Tax is Of the Amount Over $0 – $50,000 15% 0 … Continue reading
Date For Tax Return Chicago Illinois
Updated July 24, 2015 Date For Tax Return Chicago Illinois Corporation income tax returns are due seventy-five days after the year end of the entity. If you have a C Corp or what is commonly referred to as … Continue reading
What Is A Tax Extension Chicago Illinois
Updated July 24, 2015 What Is A Tax Extension Chicago Illinois Extension Tax Tax extensions extend the amount of time necessary to file the return itself. They do not extend the due date of any payment which will … Continue reading
How To Get A Tax Refund Chicago Illinois
Updated July 24, 2015 How To Get A Tax Refund Chicago Illinois IRS Refund Tax Status For Individuals If you would like to check the status of your income tax refund you may do so by … Continue reading
Tax Return Status Chicago Illinois
Updated July 24, 2015 Tax Return Status Chicago Illinois Status of Income Tax Return Chicago Illinois You may check the status of your tax return by calling or mailing the IRS. The IRS contact telephone numbers and mailing … Continue reading
Tax Penalties Chicago Illinois
Updated July 24, 2015 Tax Penalties Chicago Illinois What Penalties Does the IRS Impose? If you do not file your return and pay your tax by the due date, you may have to pay a penalty. You … Continue reading