Chicago Accounting Blog

Accounting news and information

Income Tax And Rental Properties: Some Things To Consider

With a population of close to three million, Chicago is America’s third largest city. In terms of the housing market, this translates into 1,194,337 households within the metropolitan limits, about half of Illinois’ grand total. Since the affordability of properties … Continue reading

QuickBooks And You: A Few Of Your Questions About This Excellent Accounting Software, Answered

Electronic Commerce: Otherwise known as ‘E-commerce’- a term for any type of business or commercial transaction that involves the transfer of information across the Internet.

Some Things You May NOT Know About Trump’s New Tax Plan

President Trump’s new tax plan, the Tax Cuts and Jobs Act, is a potent document that has spelled out great financial and economic changes for the United States’ and it’s residents. While many of our readers are familiar with some … Continue reading

Tax Brackets And You: How Will The New GOP Bill Influence The 2018 Tax Season?

With his larger-than-life personality and disregard for the status quo, it is impossible to deny that Donald Trump is one of the most divisive political figures throughout the history of our country. Like him or not, as president he has … Continue reading

Food With A Price: Breaking Down Chicago’s Hefty Restaurant Tax

When it comes to food, Chicago has a long and varied history. From deep-dish pizza to classic style hot dogs, there are few American cities that embrace historical diversity and a love for delicious casual cuisine quite like Chicago. Those … Continue reading

Meet The ‘South Side Squad’: How Chess Is Keeping Young People In Check And Inspiring Accountants Everywhere

Chicago is a busy city for busy people. With years of experience helping small business owners thrive in their respective fields, Accounting Solutions Ltd. can certainly attest to the fact that our city is certainly a contender for the title … Continue reading

Chicago Tax Hikes 2018: What You Need To Know

2017 was an interesting year for us. While continuing to diligently serve the people of Chicago, we here at Accounting Solutions Ltd. bore witness to a series of tax hikes and escalations that were met with much public uproar. From … Continue reading

What Is Up With Chicago’s Property Taxes? Accounting Solutions Ltd. Explains The Changes And How They May Impact You

Understanding the ins and outs of Chicago’s tax system is an ongoing process that has certainly kept Accounting Solution Ltd.’s dedicated CPA’s hard at work over the past few decades. Every year we experience a number of changes that alter … Continue reading

What’s New? Tax Changes To Watch Out For This Upcoming Season

Readers, friends, acquaintances, and business partners, it appears that another year is upon us. Although it has felt as if we’ve hardly had a chance to blink since January 2017, 2018 has arrived. Over the past few years, we here … Continue reading

A Quick Guide To Some Of Illinois’ Tax Changes And How They May Affect You This Upcoming Tax Season

If there is one thing that we value at Accounting Solutions Ltd., it is feedback from our clients. Some of the most positive comments that we have received revolve around our commitment to keeping our customers up to date with … Continue reading