Chicagoland business and tax resources
Written by the firm, dated, reviewed, and sourced. Each article explains a practical issue in plain terms and links to the official references behind it.
What to do after receiving an IRS business-audit notice
The first week after an examination letter arrives determines how much room you have. Here is the order of operations we use.
Payroll-tax audits and worker classification
Why converting subcontractors to employees — or not converting them — draws examination attention, and what documentation holds up.
Cash-flow planning for construction companies
Annual budgets do not help a contractor. Rolling 13-week visibility, tied to job schedules, does.
Liens, levies, and installment agreements: what each one actually does
Collection notices are not interchangeable. Knowing which stage you are in tells you how much time you have.
Getting unfiled business returns current
Filing years out of order creates new problems. A sequenced catch-up protects the periods that still have options.
When a company needs fractional CFO support
Bookkeeping answers what happened. A CFO conversation answers what to do next. Here is where the line usually falls.
Illinois payroll and sales-tax responsibilities for new employers
Registration, deposit schedules and filing calendars — the operational obligations that follow an Illinois hire or first taxable sale.
Accounting preparation before seeking financing
Lenders and bonding agents read the same three things. Having them ready shortens the process considerably.