Chicago Accounting Articles
Who Should Attend IRS Audit Chicago Illinois
Updated July 27, 2015 Who Should Attend IRS Audit Chicago Illinois This depends on the type of audit, but generally we try to keep our clients away from the auditors. In many instances, the auditor will need … Continue reading
IRS Back Taxes Help Chicago Illinois
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 … Continue reading
IRS Service Locations and Addresses in Chicago Illinois
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 … Continue reading
I’m Being Audited And Don’t Have Receipts Chicago Illinois
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 … Continue reading
IRS Audit Process Chicago Illinois
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 … Continue reading
IRS Examination Process Chicago Illinois
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 … Continue reading
IRS Audit Selection Process Chicago Illinois
Updated August 13, 2015 IRS Audit Selection Process Chicago Illinois So your business has been selected for audit by The IRS. What do you do now? Call or e-mail one of our specialists today. Don’t panic. … Continue reading
What is a Sales Tax Audit Chicago Illinois
Updated August 13, 2015 What is a Sales Tax Audit 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: … Continue reading
IRS Audit Business Loss Chicago Illinois
Updated July 27, 2015 IRS Audit Business Loss Chicago Illinois An IRS audit on a business’losses If you are being audited on a business that produces consistent loses, you might be asking “Why would the IRS do … Continue reading
IRS Audit Adjustment Chicago Illinois
Updated July 27, 2015 IRS Audit Adjustment Chicago Illinois At the end of an Internal Revenue Service Audit, one would hope for what is called a “No Change” letter. This basically means that they haven’t found any material … Continue reading