Chicago Accounting Articles

Business Accounting Help Chicago Illinois

Updated July 23, 2015   Business Accounting Help Chicago Illinois   Generally when clients are looking for a solution, they come to us with several different types of problems.   The accounting work hasn’t been done for a period of time. That period can...

Accounting Standards Chicago Illinois

Updated July 24, 2015   Accounting Standards Chicago Illinois   There are two common accounting standards generally used in small and medium sized businesses.   Definition of ‘Tax Accounting’ or Generally Accepted Tax Principles – GATP...

Accounting Information Chicago Illinois

Updated July 24, 2015   Accounting Information Chicago Illinois   Good Accounting Information Is Vital   The biggest difficulty that most novices have with accounting information is that they don’t understand the basics which create proper accounting...

What is a Financial Statement Chicago Illinois

Updated July 24, 2015   What is a Financial Statement Chicago Illinois   Financial Reports   A financial statement (or financial report) is a record of the financial activities of a business, person, or other entity. The relevant financial information...

What is an S Corp Chicago Illinois

Updated July 24, 2015   What is an S Corp Chicago Illinois   Form 1120 and How to S Corp   Form 1120 s is the U.S. Income Tax Return for an s corporation. An s corporation is a corporation that makes a valid election to be taxed under Subchapter S of...