Chicago Accounting Articles
Aug 10, 2015
August 8, 2015 Developer Tax Preparation Chicago Illinois A couple of months after the real estate recession hit in 2008, a developer burst into my offices unannounced. I’ve known this guy for years. He’s a fixture in our local community....
Aug 7, 2015
August 7, 2015 Developers and Landlords have very specific and specialized accounting needs. Something like fifteen years ago, I picked up my first larger Landlord / Developer as a client. He had not filed an income tax return in three years. Property...
Feb 28, 2013
Updated July 27, 2015 Landlord Developer handling Penalties and Interest Chicago Illinois As a Landlord or Developer, penalties and interest can become a difficulty. One of the most common problems presented to Public Accounting Firms in Chicago by newer...
Feb 28, 2013
Updated July 27, 2015 Landlord Developer Unfiled Income Tax and Compliance Issues Chicago Illinois Compliance in the property businesses is essential. Generally, one of the reasons why new clients would come to a recommended small business accounting...
Feb 28, 2013
Updated July 27, 2015 Landlord Developer Security Deposit Accounting Chicago Illinois Security deposits can be very tricky. The most common mistake made is the improper handling of these trust accounts. As you may know, in many cases there are distinct...