Chicago Accounting Articles

Close Corporation Tax Planning Chicago Illinois

Updated July 28, 2015   Close Corporation Tax Planning Chicago Illinois   The main concept here is generally having the correct type of taxation structure, and a knowledgeable accountant doing the books so that the client pays the least amount of tax...

Small Business Tax Strategies Chicago Illinois

Updated July 28, 2015   Small Business Tax Strategies Chicago Illinois   Customers are always asking for tax strategies and advise.   They ask this as if it is an easy question to answer. Let me assure you that it isn’t.   Each person or...

Corporate Tax Planning Chicago Illinois

Updated July 28, 2015   Corporate Tax Planning Chicago Illinois   When doing tax planning for businesses, one of the issues that we look at is the type of entity.   Are you a sole proprietorship, partnership, or a corporation? If a corporation, then...

What Is Tax Planning Tax Preparation Chicago Illinois

Updated July 28, 2015   What Is Tax Planning Tax Preparation Chicago Illinois   What is Tax Planning? Tax planning is the orderly process of planning if and how money will be taxed.   Few accountants actually take the time to give any taxation advise to...

When To Do Tax Planning Chicago Illinois

Updated July 28, 2015   When To Do Tax Planning Chicago Illinois   We generally do tax planning with our clients at least two times per year. Once after tax season, and right before the year end of the business.   The important concept to remember is...