News, Resources, & Legal Tips

10 Self-Employed Tax Deductions - Tax Savings for Freelancers and Business Owners
Top 10 Self-Employed Tax Deductions for 2021

Powerful tax savings for anyone who’s self-employed!

How Long to Keep Tax Records - Which Tax Records to Save and How Long
How Long to Keep Tax Records (and What to Keep)

Anyone can be the target of an IRS audit. These tips will make the process run much more smoothly!

IRS Offer in Compromise Requirements - Can You Lower Your Tax Debt Using an OIC?
Offer in Compromise Requirements: Do You Qualify for Tax Debt Reduction?

An Offer in Compromise could lower your tax debt by thousands. Could it work for you?

IRS Offer in Compromise - How Much Should I Offer the IRS?
IRS Offer in Compromise Formula: How Much Should You Offer?

Thinking of using an OIC? Get it right the first time with these tips!

To Itemize or Not to Itemize, That is the Tax Question
Under the 2017 tax overhaul, lawmakers significantly raised the standard deduction amount. Does it m [...]
Chicago Tax Law: Excuses
Hysterical Tax Excuses: Could They Work For You?
Tax authorities in the United Kingdom recently compiled a list of “weird and wonderful” tax excu [...]
Illinois Tax Law: middle class tax-saving tips
Four Super-Charged Credits and Deductions for Middle-Class Taxpayers
Fortune 500 companies aren’t the only ones who enjoy tax breaks. Legislators have carved out signi [...]
Chicago Tax Law: Criminal tax defense
Criminal Tax Law: Why You Should Enlist a Lawyer and Not Go It Alone
A university professor recently pleaded guilty to under-reporting taxes, but the alternative could h [...]
Illinois Tax Law: Voluntary Disclosures
What You Need to Know About 2020 IRS Voluntary Tax Disclosures
If you think back to when you were a little kid, there may have been times when if you admitted to m [...]
Chicago Tax Law: Appealing and IRS audit
Can you Appeal an IRS Tax Audit?
Many people are thankful for second chances in life. We accept them, give them, and use them. Someti [...]