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Discover what does Tax Topic 151 letter mean and learn the essential steps to take when you receive this IRS notice.

Explore the non-refundable portion of the Employee Retention Credit. Discover eligibility, common mistakes to avoid, and deadlines for filing.

Navigate the intricacies of pass-through entities with our comprehensive guide. Decode the nuances of taxation, benefits, and state-level considerations.

Discover how property taxes are calculated in Illinois, considering assessed values and local rates. Navigate the process with insights from our informative guide.

Discover the impact of Employee Retention Credit on income tax returns. Learn how to maximize benefits and ensure accurate reporting. Optimize your taxes today!

Internal and external audit play crucial roles in assessing a company's financial health and ensuring compliance, but they differ in scope, purpose, and approach.

Discover the ins and outs of Illinois LLC taxes in our comprehensive guide. Explore state tax filing requirements, pass-through taxation, franchise tax, sales tax obligations, deductions, and more.

Discover key insights into Illinois S Corporation tax laws for 2023. Understand filing requirements, deductions, and tax strategies to optimize your S Corp's tax liability.

Conquer filing taxes in two states: residency rules, liabilities + tips. Your comprehensive guide to navigate with confidence.

Discover powerful tax strategies tailored for high-income earners. Learn how to optimize your tax planning, and minimize tax burden. Take control of your taxes today!

Claim up to $26,000 per Employee for your nonprofit! Learn ERC eligibility criteria for nonprofits and how it works.

Learn about the differences between PPP loans and ERC, and whether you can qualify for both in 2023. Maximize your benefits and stay informed with our comprehensive guide.

What are ERC scams and how to avoid them? Read our article to learn how to spot ERC credit fraud!

Discover the key differences between audit & assurance and how to best use these services for your financial success. Read our in-depth article to learn more about improving your financial outcomes.

Nonprofit audits help identify opportunities for improvement in financial strategies. Learn the main types of audits, their requrments and what to do before it in our guide.

Illinois has its own estate tax along with federal estate tax. Learn what is subject to the Illinois estate tax and how you can minimize estate taxation in our article.

How to apply for employee retention credit in 2023? Read our guide to learn the eligibility criteria for ERC and to know how to claim the employee retention credit.

Reduce tax liability and boost profits with these top 10 tax planning strategies for small businesses. Expert tips to keep more of your hard-earned money!

Does Illinois tax social security benefits and social security income? Check our article to learn the basics.

Bookkeeping is crucial to keep your small business running. Learn why is bookkeeping important for small businesses and how it can help you.

Bookkeeping vs accounting. What do you need for your small business? Learn the key differences in our article to meet the right decision.

Learn how to complete year-end payroll using this year-end payroll checklist to make year-end processing seamless for your small business.

Outsourced CFO services are a smart solution that can benefit growing business. Learn benefits, main services and more in our guide!

Wondering what is negative cash flow? Learn whether negative cash flow is bad for your small business and how to improve it.

Understanding Illinois taxes are crucial for each small business owner. A certified accountant can help you to be on the safe side. Read our article to learn the basics.

Learn what comprehensive income is and how it differs from net income and other comprehensive income as well as how to calculate it.

Understanding payroll taxes is essential for small business owners. Learn the basics of small business payroll taxes in our article.

Financial planning is crucial for small business owners. Learn how your business can benefit from it and discover the best business financial planning tips!

Are you wondering why you should outsource bookkeeping services? It is really worth it! Discover the benefits of outsourcing bookkeeping for your small business.

Filing your taxes with the IRS is something that you have to do every year. Are you wondering who can represent you before IRS? Learn all possible options.

This is our full guide to cash flow: learn what it is, how to calculate cash flow, and how to prepare cash flow statements from this post.

In this post, you will find the guide on how to pay yourself whether you own an LLC, S-Corp, C-Corp, or any other business structure. Read now!

This is a step-by-step instruction on how to file a W-4 form: learn everything about W-4 form from the certified accountants in our new post!

Wondering how much does it cost to start a business? Our post will explain to you how to calculate your startup expenses easily. Read now!

Every small business should know how to make an income statement. The preparation of financial statements details the specific income and expenses of a company.

You're in business to make money, so keep all of it that you can. This small business tax deductions 2022 guide is here to help you accomplish that.

Let's learn in this article the best small business accounting software which can help owners of small businesses track their accounts and expenses.

Do you know small business tax tips? Knowing how to keep up with taxes for small business owners is some of the best tips you'll ever find. Let's read here!

1120 tax form is the document that corporations file with the IRS every year. Here's everything you need to know about the form, including instructions for form.

What's the difference between taxable and non-taxable Income? And what are the examples of nontaxable income? Learn all answers in our guide!

When the IRS notifies a taxpayer of an impending audit, your reaction is dread. Read and get a knowledge of how you can get rid of alarm!

Setting up payroll for a small business is a crucial step. Once you understand what payroll is, you can get down to business setting up your system. Let's read on!

Have a hard time choosing the form to declare your annual income? Do you know what the 1040 tax form is? Read more about it in our new article!

Today many people do their taxes and keep their own books. If you have a small business you'd better have an accountant for it. Read this post if you doubt it!

As a business owner, it’s not possible for you to be in charge of every aspect of your business. Here is our guide on differences between accountant and CPA!

Tax season is coming and you need to file a tax return? Here is our full guide on taxes in 2022: read how and when to file taxes and turn to professionals for help!