Chicago Accounting Articles

Developer Tax Preparation Chicago Illinois

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....

Developer Accounting Firm Chicago Illinois

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...

Landlord Developer Income Tax Audit Chicago Illinois

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...

Landlord Developer Offer And Compromise System Chicago Illinois

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...

Landlord Developer handling Penalties and Interest Chicago Illinois

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...