tax planning

What Every Business Owner Should Know About Excise Taxes

By |November 30th, 2019|Small Business Accounting, Tax Planning|

According to the Internal Revenue Service (IRS), both individuals and businesses pay excise taxes as part of the price of several categories of goods. Gasoline is one of the most common examples as is alcohol, cigarettes, and anything else the IRS deems to have a high social cost. The IRS may also impose excise taxes [...]

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Proactive Tax Planning Critical to Your Overall Business Strategy

By |July 11th, 2019|Small Business Accounting|

Whether you're a new business owner filing your first tax return or someone who has filed many times but still feels overwhelmed by the process, we at Chicagoland CPAs can help. That is because we take a proactive approach to business tax planning rather than attempt to deal with issues after they have created complications [...]

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