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 Income Tax Audit Chicago Illinois It seems as if Federal and State Income Tax Audits of Landlords and Developers are on the rise. Numbers published by the Internal Revenue Service, showing the results of their...
Feb 28, 2013
Updated July 27, 2015 Landlord Developer Offer And Compromise System Chicago Illinois So what does one do if we owe a lot of tax, and simply can’t pay it? If you are a Landlord or Developer in Chicagoland, then you probably make more money than the...
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...