Chicago Accounting Articles
Feb 28, 2013
Updated July 28, 2015 Small Business Income Tax Audit Chicago Illinois It seems as if Federal and State Income Tax Audits of professionals involved in Small Business are on the rise. Numbers published by the Internal Revenue Service, showing the...
Feb 28, 2013
Updated July 28, 2015 Small Business Unfiled Unpaid Payroll Tax Chicago Illinois One of the major reasons that small businesses close in the United States is the failure to file and pay payroll taxes. This mistake is more common than most would...
Feb 28, 2013
Updated July 24, 2015 Durable Goods Company Financial Statements Chicago Illinois The main difference in these types of financial statements is inventory. The problem is generally a valuation issue. If your in the business of selling used...
Feb 28, 2013
Updated July 24, 2015 Tax In Chicago Illinois The City of Chicago imposes various taxes on business entities. A short list of the most relevant follows: Airport departure (8500) Amusement (7510) Cigarette (7506) Employer’s expense (7540) Foreign fire insurance...
