Accounting services Chicago IL

Skydeck Chicago

Each year there are new changes within the tax code for a variety of things from business purchases to gifts. It is important that an accountant be well aware of this information. Jeff Badu is the owner and CPA of Badu Tax Services LLC, a tax professional working in Chicago, IL . He is always on the cusp of any changes coming down from the revenue agencies from the federal to the state level. His goal is to help clients meet their tax liabilities and maximize any opportunities for refunds. One of his recent posts on his professional blog was a full discussion about increases in deductions and exclusions on gifts. Badu said, in part, “the deductions have gone up approximately $500.00 depending on how the filer files their taxes. The gift exclusions increased approximately $1,000.00. These may look like small changes, but small changes turn into big money rapidly.” Badu offers bookkeeping and year-round tax preparation services in Chicago, IL . He works with everyone from indi...