Last updated: August 23, 2023
Robert B. Fisher CPA, P.C. is a Lincolnshire business that serves the Greater Chicagoland Area, including Crystal Lake and Kenosha. The firm offers business and tax services including payroll taxes, strategic tax planning, IRS representation, IRS problem resolution, and future planning. Robert B. Fisher CPA, P.C. is accredited by the Better Business Bureau and has an A+ rating. The business is a member of the Illinois CPA Society and the American Institute of CPAs.
H.D. Roseth & Associates, Ltd. is a Riverwoods accounting business that has been serving individuals and small businesses in Chicago and Northern Suburbs for over six years. Services are QuickBooks, accounting and bookkeeping, business formation, and tax services. Tax services are individual taxes, income tax preparation, business tax preparation, and tax planning services. H.D. Roseth & Associates, Ltd. works with wholesale distributors, medical practices, general contractors, sales representatives, retail, manufacturers, and other businesses.
Evenhouse & Co., P.C. is an Elmhurst accounting business that has been serving Chicagoland and surrounding states for over 50 years. Services include business consulting, QuickBooks consulting, audit services, accounting and bookkeeping, full-service payroll, estates and trusts, and tax planning and preparation. The firm also offers IRS representation. Evenhouse & Co., P.C. is a member of the American Institute of CPAs and the Illinois CPA Society.
McGovern & Greene LLP is a Chicago business that provides forensic accounting and investigative services. The business also provides tax accounting services including year-end tax planning, retirement planning taxation issues, IRS notice resolution, tax implications and litigation, and tax penalties and interest disputes. Industries McGovern & Greene LLP serves include manufacturing, healthcare, retail services, casino gaming, construction, legal, real estate, wholesale, waste management, and insurance. The three partners are members of the American Institute of CPAs and several other organizations.
Community Tax, LLC is a Chicago full-service tax business that has helped thousands with their tax needs and has been serving clients for over five years. The business’ services include bookkeeping, accounting services, tax preparation, and tax resolution. Community Tax, LLC offers a free consultation and a referral program. The business has an A+ rating from the Better Business Bureau and is Consumer Affairs accredited. Clients appreciate their professionalism, responsiveness, patience, and knowledge.
Joshua Lance CPA, LLC is a Westmont boutique CPA business that serves start-up companies, craft breweries, small businesses, entrepreneurs, solopreneurs, and individuals. Services include small business coaching, outsourced accounting services, personal financial planning, and tax planning and preparation. Joshua is the founder and managing director and has a degree in finance and accounting. The other accountants have over 19 years of combined experience.
North Shore Tax and Accounting is an Evanston business that focuses on small business owners. The business offers clients monthly payroll, accounting, and tax services and unlimited consulting for a low monthly fee. Tax services include personal and corporate returns and tax planning strategies and meetings. Mike has more than two decades of CPA experience and is a member of the Illinois CPA Society and the American Institute of CPAs. His wife, Diane, has over nine years’ experience as an accountant and bookkeeper.
MWC Accounting is a Chicago business that has been serving small and medium businesses for over six years. The firm provides financial strategy, small business accounting, and tax planning services. Tax services include business and individual tax preparation. President Michael Carney is a CPA and has Bachelors and Masters Degrees in accounting from Marquette University.
Paquette & Company, Ltd. is a Mount Prospect full-service accounting business that has been serving small businesses and individuals for over 36 years. Services include estates and trusts, online bookkeeping, full-service payroll, accounting, audit and review, and tax preparation and planning. Founding partner Rodney J. Paquette has a Master of Business Administration in accounting a Bachelor of Business Administration. Clients remark on their responsiveness, efficiency, and knowledge.
Professional Practice Consultants, Inc. is a Burr Ridge business that serves the dental community. The business provides consulting and accounting services and regularly visits dental practices. Services include financial planning, accounting and financial reporting, retirement plan administration, and tax planning and return preparation. CPA Daniel P. Welch and CPA Lori Stadler have over 34 years of combined experience. Clients appreciate their professionalism and service.
1st Chicago Accounting, Inc. is a Chicago business that serves individuals, small businesses, and corporations. The business provides accounting, business advisor, and tax services. Tax services include strategic tax consulting, e-filing, tax planning, income tax return preparation, IRS problem resolution, and payroll tax succession planning. Brad Filmanowicz has a CPA and Master’s Degree in Finance, and has more than four years’ experience as a business advisor and tax accountant.
Knutte & Associates is a Darien business that has been serving clients for over 42 years. Services include non-profit audits, governmental audits, merger and acquisition, accounting services, and tax services. Knutte & Associates has tax experts in areas including sole proprietors, partnerships, estate, benefit plans, federal, state, and local taxing bodies, LLCs, C corporations, S corporations, and fiduciaries.
Raymond J Busch Ltd is a Palos Park business that provides payroll, accounting, and tax services and has been serving clients for more than 40 years. The business works with individuals and businesses and provides services throughout the year. Raymond J Busch Ltd also provides IRS representation.
In the early spring of every year, nearly everyone has a decision to make — should you try to file your taxes on your own or hire a tax professional? There are pros and cons to each option. For example, hiring someone to do your taxes isn't free, but it will ensure that you can take advantage of everything at your disposal when filing your tax returns.
You can file your tax returns between getting access to your annual income information and Tax Day. In most years, federal Tax Day occurs on April 15, but in 2020 and 2021, tax deadlines were delayed because of COVID-19, extending the filing period.
State and local minimums to file taxes vary concerning where you live. The federal minimums fluctuate depending on your age, filing status, and tax year. For example, if you filed in 2020 as single and under 65 years of age, your income needed to be at least $12,200.
If your income over a calendar year exceeds the threshold for your age group and filing status, you must file a federal tax return for that year. State and local rules vary. For example, there are some areas that don't have income tax at all and have different rules for filing taxes.
If you don't file and pay your taxes by the deadline, unpaid taxes will incur interest up to 25% of the unpaid amount. This, in addition to the unpaid amount, will be what you owe the IRS. Different states treat unpaid taxes differently and penalties range from fines to jail time.
Filing taxes involves getting your annual income documents and statements and filling out a tax return, which will tell you the amount you owe for the year. You can choose to fill out your returns yourself and mail them or file online. Or, you can hire a professional to fill out and file the returns for you.
There are several services that offer free filing of federal tax returns. The most notable are online services, including IRS.gov and TurboTax. You can also look around for community organizations that offer tax filing for free as a service for community members, including the local library.
