Accounting Uncategorized articles

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

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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

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Simple Math, Powerful Messages

Why Ratios Are Key To Understanding How Your Business Operates   To the casual, uneducated observer, answering the question ‘how’s business?’ should be a relatively easy task. Just observe the bottom line, determine if profits are going up, and prepare … Continue reading

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Buying A Business? Better Ask the Right Questions Before Closing!

As one grows older, it is likely that they will eventually make some large purchases including, buying a house, purchasing an automobile, or taking out a loan for personal or professional reasons. Of all the purchases that one makes in … Continue reading

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Beware of Factoring your Accounts Receivables and other Credit Card Type Lending Products

In these difficult economic times, it is quite difficult to obtain financing. Most traditional sources of lending have just about stopped lending altogether. The few traditional loans I have seen in the commercial markets recently have been real estate loans … Continue reading

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3 Small Things that Can Make or Break A Small Business

Operating a small or mid-sized business is far from easy. Accounting Solutions Ltd. has always provided impeccable customer service to our loyal base of clients. In order to further our mission, we have put together some brief ideas that can … Continue reading

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Accounting: A Beginners Guide for Small Business Owners

The words ‘small’ and ‘business’, when used together in a sentence, can be deceiving. The reason for this lies in the fact that the word ‘small’ often procures an image of simplicity. In other words, a small business is one … Continue reading

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When to Hire An Accountant For Your Business

There are many reasons to hire an accountant for your small business. They can be very helpful from forming a business plan to company formation and indispensable when it comes to filing your taxes and government audits. An accountant can … Continue reading

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Unpaid Payroll Taxes IRS Tax Preparation Chicago Illinois

August 31, 2015   Unpaid Payroll Taxes IRS Tax Preparation Chicago Illinois   So you’ve been in business for a while, and you haven’t filed and/or paid your payroll tax returns. What do you do?   The next step is … Continue reading

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Unfiled Sales Tax Returns Tax Preparation Chicago Illinois

August 28, 2015   Unfiled Sales Tax Returns Tax Preparation Chicago Illinois   One of the easiest ways to get shut down in the State of Illinois is to have Unfiled Sales Tax Returns Tax Preparation Chicago Illinois . I … Continue reading

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