Resources

Easy Reference Tax Guide

Greg Adzia / Accounting Services / February 17, 2022

With tax season upon us, we wanted to share an Easy Reference Tax Guide for 2022. Included are the brackets for: 2022 Estate & Gift Tax Rates Traditional and Roth IRAs Qualified Plans Personal Tax Items Income Tax Education Incentive Social Security Required Minimum Distributions SEE THE TAX GUIDE>

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IRS Identity Protection PIN Tool Available

Greg Adzia / Accounting Services / January 12, 2022

The Internal Revenue Service (IRS) has announced they will start accepting electronically filed tax returns on January 24, 2022. If you have not already obtained an Identity Protection PIN (IP PIN), we strongly encourage you to do so prior to that date. As we mentioned in our most recent client letter, we are offering a 10% discount […]

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What to do about Social Security Scams

Greg Adzia / Accounting Services / December 2, 2021

We have had a number of clients contact us regarding potential phone scams coming from the Social Security Administration (SSA).  The link directly below is some information regarding what someone should do if they received a phone call from the SSA…more than likely it is a scam call. What should I do if I get […]

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December Webinars-Xero Training & Tax Planning

Greg Adzia / Accounting Services / November 19, 2021

DECEMBER 1st – 2PM: Xero Training – WATCH THE WEBINAR Many of our clients have decided to convert to Xero from QuickBooks but need some training on how to use the software. This webinar will include: an overview of the features how to set up bank and credit card accounts and link them to the […]

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Tax Payment Links

Greg Adzia / Accounting Services / October 28, 2021

Easy Access to Tax Payment Links Can’t Pay Now? Meet your tax obligation in monthly installments by applying for a payment plan (including installment agreement); Find out if you qualify for an offer in compromise– a way to settle your tax debt for less than the full amount; Request that we temporarily delay collection until […]

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Illinois Secure Choice for Retirement

Greg Adzia / Accounting Services / September 23, 2021

This Illinois state-facilitated retirement program makes it easy to save for retirement. Since it’s launched in 2018, the program has brought retirement savings access to workers in every county across Illinois. Not only is Illinois Secure Choice open to employees who work for an eligible employer, the program is available to anyone who wants to […]

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Sexual Harassment Training Mandate in IL

Greg Adzia / Accounting Services / September 9, 2021

Did you know that Illinois requires ANNUAL sexual harassment training for all Illinois employers? According to Senate Bill 75, Public Act 101-0221 from August 2019 reads: Under this Act, Illinois employers are required to train employees on sexual harassment prevention by December 31, 2020, and on an annual basis thereafter. This requirement applies to all […]

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2021 Child Tax Credits

Greg Adzia / Accounting Services / June 24, 2021

IRS has implemented a change to the credits that relate to the Child Tax Credits. Those that qualify (see qualification requirements) will receive ½ of the child tax credits they are due in advance over the next 6 months (July to December). The other ½ of the child tax credits will be claimed on the […]

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Q&A – Third Economic Impact Payment

Greg Adzia / Accounting Services / April 13, 2021

If you’re interested in learning more or have questions about the third economic impact payment including: I received my payment by check, but it was lost, stolen or destroyed. How do I get a new one? How do I request a payment trace to track my third Economic Impact Payments? LEARN MORE HERE >

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