You worked hard to build up your assets over the course of your entire life, and you want as much as possible of that legacy to make it into the hands of your family and friends without the government taking an inordinate bite out of it first. That can seem easier...
Experienced Representation In Business Law, Estate Planning And Tax Law
We have been serving the legal needs of clients in the Godfrey area for more than four decades. Our attorneys make the law accessible to our clients, explaining complex legal concepts in plain English and helping them make well-informed decisions about the future.
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Experienced Representation In Business Law, Estate Planning And Tax Law
Experienced Representation In Business Law, Estate Planning And Tax Law
tax law
How does the IRS choose returns for audits?
Whether you are an individual or a business owner, going through the IRS audit process can be nerve-wracking. You might feel anxious because of a problem or missed items that might cost you more in the long run. These are typical assumptions after receiving the audit...
I am the subject of an IRS audit – now what?
Ideally, only a small percentage of taxpaying Americans need to worry about the IRS auditing their tax returns. It can be unsettling to find out that you are the subject of an audit. It may cause stress and anxiety, and for good reason. You may find some relief in the...
What documents are needed for a tax audit?
The Illinois Department of Revenue can perform a tax audit to determine if you have reported your taxes accurately for a given period. This process can be highly stressful, especially without the proper preparations. As a business owner, you should keep crucial...
Understanding estate tax returns
Many responsibilities come with acting as someone’s estate executor. Illinois residents who are tasked with executing an individual’s estate after that person’s death should be aware of the tax issues that must be resolved. One of these issues is filing a final tax...
Dealing with an error on a tax return
Filing income tax returns in Illinois often comes with much paperwork, which can leave one feeling overwhelmed. Some individuals and small business owners may choose to complete their tax returns without professional assistance. While many individuals can complete...
Filing for an income tax return extension in Illinois
Filing one’s tax return on time can sometimes come with challenges. Delays in getting the proper documentation and other incidents can lead to delays in completing one’s Illinois income tax return. For those who are facing delays, there are options in filing for an...
Avoid common mistakes when filing taxes as a small business owner
Filing tax returns on time and without error is important for small business owners in Illinois. While this time of year can be stressful, business owners need to focus on getting their tax returns prepared appropriately based on the laws in the state and the type of...
Tax deductions for small business owners
Small business owners in Illinois should be aware of tax deductions available to them. As tax season approaches, many business owners will be gathering documentation in preparation for filing their annual tax returns. Using every available deduction can help one...
What is taxable income?
As tax season approaches, many individuals may begin feeling the stress that comes with getting one’s financial statements and other documentation in order in preparation to file one’s tax return. Tax matters can be complicated, especially for those who aren’t...
