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Showing posts from February, 2020

Tax Preparation Services Chicago IL: The opportunity Of a $100,000.00 Tax Minimization Exists

Small businesses and professionals who work for themselves are often taken off guard at the end of the year when they discover their tax liabilities. The amount can be shocking and if not paid, very detrimental to the business and individual. “The IRS is not a government entity that most people do not want to match up toe to toe against. Most people accept their tax liability and go with it,” said Jeff Badu, a tax professional in Chicago, Illinois . Badu has ways to help minimize tax liability on many individuals and businesses. Certain people he has managed to get their liability down by as much as $100,000.00. This is a significant amount, and best of all, it is 100 percent legal and legitimate to do. Jeff Badu, owner of Badu Tax Services LLC, recalls one such situation where a client was struggling to meet his tax liabilities for the fiscal year: “The client had exhausted all of his avenues and turned to us for assistance. Me and my team of professionals for acco...

Things to do in Chicago - Part 9

Grant Park

Things to do in Chicago - Part 8

Museum of Science and Industry, Chicago

Tax Professional in Chicago IL: Having a Diverse Range Of Clients Allows To Solve Virtually Any Problem

Tax season is a very stressful time for many people. Calculating deductions, what can and cannot be deducted and the remainder of the tax issues that come with each new year means many people turn to a tax professional for assistance. Jeff Badu is a business tax consultant in Chicago, Illinois . He has been a CPA for some time and has been working with a wide range of difficult scenarios. This ranges from individuals, married couples, small and large business owners and physicians. “I get quite a few physicians and their practices needing help with taxes and taxation. Many physicians are independent contractors, meaning they work for themselves and are taxed at the end of the year.  They also are responsible for their private practices if they have one. Each year, navigating the tax deductions and assessments for these professionals is best done by a CPA here in Chicago, Illinois ,” said Badu. Each year, tax laws change. These changing laws mean tax liabilities c...

Things to do in Chicago - Part 7

Chicago Riverwalk