Chicago Accounting Articles

Updated July 15, 2015   It seems as if Federal and State Income Tax Audits of professionals involved in income tax audits in the used car dealership and financing industry of chicagoland.   Used car dealer tax audits chicago illinois … Continue reading →

Updated July 15, 2015   Used Car Dealer Offer and Compromise Chicago Illinois   Because of the cash involved in “buy here / pay here” financing, the sales tax audits in the used car industry of Chicago has always been … Continue reading →

Updated July 15, 2015   Used Car Dealership Penalties and Interest 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 Used … Continue reading →

Updated July 29, 2015   Used Car Dealer Unfiled Tax Chicago Illinois   If you have a used car dealer unfiled taxes, penalties and interest can become a difficulty.   One of the most common problems presented to Public Accounting … Continue reading →

Updated July 29, 2015   Used Car Dealer Unfiled Income Tax Chicago Illinois   Compliance in the used car and finance industry is essential.   Generally, one of the reasons why new clients would come to a recommended small business … Continue reading →

Updated July 15, 2015   Used Car Dealer Inventory Management Chicago Illinois   Inventory management in the used car dealership industry   This really doesn’t come down to valuation.     If you open the lastest auction results catalog from … Continue reading →

Updated July 15, 2015   Controlling cash in the used auto financing industry   Used car dealer cash accounting can be quite a challenge.   Because of the cash involved in the Buy Here / Pay Here Industry, these types … Continue reading →

Updated July 29, 2015   Gas Station Sales Tax Return-Completed and Auditable Chicago Illinois   Believe it or not, this is one of the most difficult things to do in the public accounting industry.   The problem is that there … Continue reading →

Updated July 29, 2015   Gas Service Station Cash Control Chicago Illinois   This is never fun to discuss. But if it isn’t addressed, you’ll never make a dime.   Theft comes at you from every angle in this business. … Continue reading →