Chicago Accounting Articles
Feb 28, 2013
Updated July 27, 2015 IRS Back Taxes Help Chicago Illinois If you have been through an IRS Audit and now owe additional taxes, interest, and penalties, or if you just have back taxes to pay, there are several options to consider. If you do not...
Feb 28, 2013
Updated July 27, 2015 IRS Service Locations and Addresses in Chicago Illinois These offices in Northern Illinois are primarily walk-in sites in addition to places where audits and collections are performed. These offices are not service centers where you would respond...
Feb 28, 2013
Updated July 27, 2015 I’m Being Audited And Don’t Have Receipts Chicago Illinois You should have changed accountants a long time ago, because a good accountant never would have allowed this to occur. Proper documentation can be a real...
Feb 28, 2013
Updated July 27, 2015 IRS Audit Process Chicago Illinois By definition, an Audit is an examination of claims. The numbers that are put on the ST-1 or Sales and Use Return are claims. Example: We claim that we had $100,000 in receipts, of which $50,000...
Feb 28, 2013
Updated July 27, 2015 IRS Examination Process Chicago Illinois Although every IRS Audit is a little bit different, they all have common elements. It begins when they send out a letter that basically does six things: Informs you of the examination...
