Sep 18, 2021 | Uncategorized
Earlier this week, the venerable House Ways and Means Committee published its proposed tax changes for the budget reconciliation bill. To say that the changes only increase taxes on the rich is frankly untrue. There are parts of the proposal that would affect us all....
Aug 16, 2021 | Uncategorized
Businesses that are planning on applying for additional financing should first apply for PPP Loan Forgiveness. Companies that have an outstanding PPP Loan obligation can potentially have difficulties with additional borrowing. I have a couple of clients that are...
May 11, 2021 | Chicago CPA, Uncategorized
The end is near, my Brothers and Sisters. The official end to this tax season is one week away on May 17th, 2021. My regular clients have all been extended. We will forward a copy of the extension to you. Nothing needs to be done on your end. They have already been...
Aug 21, 2020 | Chicago CPA, Uncategorized
On November 3rd, Illinois voters will have a choice to vote for or against the proposed graduated income tax plan. This amendment would replace our current flat tax of 4.95%. This plan would work similarly to our Federal Income System where higher incomes are...
Jul 11, 2020 | Uncategorized
One of the biggest advantages to working at Accounting Solutions Ltd. is that we get to help out small businesses and small business owners. From the moment that they choose to open their enterprise, to the day that they retire, we are always ready to provide our...
Jun 8, 2020 | Uncategorized
Retirement seems pretty nice, doesn’t it? Even the most dedicated employees out there, those that approach their seven-day workweek commitments with enthusiasm and zeal, dream of the day that they can hang up their ties so as to enjoy their senior years. Fortunately,...