Chicago Accounting Articles

Retail Store Industry Income Tax Audit Chicago Illinois

Updated July 28, 2015   Retail Store Industry Income Tax Audit Chicago Illinois   It seems as if Federal and State Income Tax Audits of professionals involved in the Retail Industry are on the rise.   Numbers published by the … Continue reading

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Retail Store Industry Sales Tax Audit Chicago Illinois

Updated July 28, 2015   Retail Store Industry Sales Tax Audit Chicago Illinois   Because of the cash that is involved in your business, the Retail Store Industry of Chicago has always been a target for sales tax auditing.   … Continue reading

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Retail Industry Offer And Compromise System Chicago Illinois

Updated July 28, 2015   Retail Industry 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 professional involved in the Retail … Continue reading

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Handling Retail Industry Penalties And Interest Chicago Illinois

Updated July 28, 2015   Handling Retail Industry Penalties And Interest Chicago Illinois   If you have a retail business, penalties and interest can become a real difficulty.   One of the most common problems presented to Public Accounting Firms … Continue reading

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Retail Industry Unfiled Income Tax and Compliance Issues Chicago Illinois

Updated July 28, 2015   Retail Industry Unfiled Income Tax and Compliance Issues Chicago Illinois   Compliance in retailing is essential.   Generally, one of the reasons why new clients would come to a recommended small business accounting firm like … Continue reading

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Retail Industry Unfiled Unpaid Sales Tax Chicago Illinois

Updated July 28, 2015   Retail Industry Unfiled Unpaid Sales Tax Chicago Illinois   Sales tax problems in the retail sector seem to be increasing.   The economy is lousy, collections are worse than you have ever seen them, and … Continue reading

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Retail Industry Unfiled Unpaid Payroll Tax Chicago Illinois

Updated July 28, 2015   Retail Industry Unfiled Unpaid Payroll Tax Chicago Illinois   One of the major reasons that Retail Stores fail in the United States is the failure to file and pay payroll taxes.   This mistake is … Continue reading

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