Business Tax Return Preparation Near Chicago

Tax Returns Done Excellently

We're a Chicago based tax and accounting firm, and we'll help you prepare and file your business tax returns quickly & easily.

Business Tax Return Preparation Near Chicago

Tax Returns with a Focus on Tax Reduction

Small Business Tax Return Service Near Chicago

We're not your typical accountant, when you choose to get your taxes done by TJD Tax & Accounting near Chicago, you're going to get highly engaged guidance & help to build a more profitable business while mitigating taxes.

We Do Bookkeeping

Run a lean business and outsource your bookkeeping to TJD Accounting. Always up to date & done to perfection.

We do Tax Reduction Planning

We know the tax code, and we'll help your business identify meaningful ways to reduce taxes and then put them into place.

We'll Be Your Outsourced Accountants

We'll be your outsourced accounting & bookkeeping team so you can focus staff on production & sales.

We Do Year End Tax Returns

We'll do your personal and business tax returns on-time, on-point and with an eye on tax reduction and scaling your business.

Business Tax Return Preparation Near Chicago

Corporate Taxes Near Chicago Illinois

S-Corp, Partnership & 1099 Tax Returns

We help small businesses prepare and file their taxes.  We provide tax preparation services near Chicago, but we also help small businesses across the state and United States.  

Business Tax Return Preparation Near Chicago

Never Overpay in Tax Again

Get a competent tax strategist near Chicago Illinois

Business owners deserve to keep as much of their hard earned profits as possible, and we've developed a process and approach that ensures that when we do a tax return, we can take the time to help identify ways to mitigate taxes moving forward.

Tax Accountant Near Chicago

Industries We Serve:

We're an accountant near Chicago Illinois that serves small businesses across the United States, and while we serve any types of small business, here are just a few of the industries we specialize in.

Contractors & Construction

We are an accountant for contractors & Construction companies.  We love helping with taxes, accounting & bookkeeping for general contractors & builders.

Realtors & Real Estate Agents

We do taxes, bookkeeping & accounting for realtors, real estate brokerages and agents.  We have a nice setup for Realtor S-Corps

Medical Offices & Contractors

We specialize in physician owned family offices, independent contractors and physicians taxes, bookkeeping & planning.

Professionals & Coaches

We can help any small business owner, coach, online professional or speaker lower their taxes and keep perfect books.

Trucking & Logistics

We help owner-operators, Third Party Logistics providers and trucking companies with their bookkeeping, accounting & tax.

Retail & 
Restaurants

Looking for a restaurant focused accounting and tax firm? We can help you out with your bookkeeping, tax planning & payroll.

Business Tax Return Preparation Near Chicago

Business Tax Return Near Chicago Illinois

Tax Accountant Near Chicago

If you're looking for a tax accountant near Chicago, whether you're in the outlaying suburbs, or if you're here in the heart of Chicago, we'd love to connect and help you get your taxes done properly.

Tax Reduction Strategist Near Chicago Illinois

Tax Strategist & Reduction

We provide year-long, aggressive, pro-active tax reduction planning as a tax strategist near Chicago, Illinois.

Payroll Company Near Chicago Illinois

Payroll

We're a highly engaged, small business payroll company near Chicago, Illinois.

Bookkeeping Services Near Chicago

Bookkeeping Service

Focus your team and resources on what matters most, while we keep prompt & perfect books.

Business Tax Return Preparation Near Chicago

Tax Returns

We're a Chicago based tax and accounting firm, and we'll help you prepare and file your business tax returns quickly & easily.

FAQs

Learn more about our pricing, process and solutions here.

Licensing Requirements for Chicago Based Businesses

In Illinois, service-based businesses are generally required to obtain state and local licenses and permits. Here are some of the licensing requirements for service-based businesses in Illinois:

  1. State licensing: Certain service-based businesses, such as contractors, architects, and engineers, are required to obtain a state license from the Illinois Department of Financial and Professional Regulation (IDFPR).
  2. Local licensing: Many cities and municipalities in Illinois require service-based businesses to obtain a local business license or permit. The requirements vary by location, but may include a business registration fee, proof of insurance, and other documentation.
  3. Industry-specific licenses: Some service-based businesses, such as barbershops, nail salons, and massage therapists, are required to obtain industry-specific licenses from the state or local government.

For businesses located in Chicago, there may be additional licensing requirements to consider. Here are some of the additional licensing requirements for service-based businesses in Chicago:

  1. City of Chicago business license: All businesses operating in the city of Chicago are required to obtain a business license from the City of Chicago. The requirements vary by business type, but may include a license fee, proof of insurance, and other documentation.
  2. Professional licensing: Certain service-based businesses, such as attorneys, real estate agents, and accountants, may be required to obtain a professional license from the City of Chicago.
  3. Special permits: Depending on the type of service-based business, there may be additional permits or licenses required by the City of Chicago. For example, restaurants may be required to obtain a food service establishment license, and liquor-serving establishments may be required to obtain a liquor license.

It's important for service-based business owners in Illinois and Chicago to be aware of these licensing requirements and ensure that they are in compliance with all applicable laws and regulations. Business owners may want to consult with a qualified business advisor or attorney to ensure that they have obtained all necessary licenses and permits.

For business owners in Chicago, what deadlines exist for state tax forms & tax extensions?

For business owners in Chicago, there are several deadlines that exist for state tax forms and tax extensions. Here are some of the most important deadlines to keep in mind:

  1. Illinois income tax return: For businesses that operate as pass-through entities (such as S corporations or partnerships), the Illinois income tax return is due on the 15th day of the 3rd month following the end of the tax year (March 15 for calendar-year filers). For businesses that operate as C corporations, the Illinois income tax return is due on the 15th day of the 4th month following the end of the tax year (April 15 for calendar-year filers).
  2. Illinois sales tax return: Illinois sales tax returns are due on the 20th day of the month following the end of the reporting period. For most businesses, the reporting period is the calendar month, so the sales tax return is due on the 20th day of the following month.
  3. Illinois withholding tax return: Illinois withholding tax returns are due on a semi-weekly, monthly, or quarterly basis, depending on the amount of withholding tax owed. The due date for semi-weekly filers is the Wednesday following the end of the semi-weekly period. The due date for monthly filers is the 15th day of the following month. The due date for quarterly filers is the last day of the month following the end of the quarter.
  4. Tax extensions: Business owners in Chicago may request a tax extension for their Illinois income tax return, which will extend the filing deadline by six months. The extension request must be filed by the original due date of the tax return (March 15 for pass-through entities and April 15 for C corporations).

It's important for business owners in Chicago to be aware of these deadlines and ensure that they file all required tax forms and payments on time. Late filings or payments can result in penalties and interest charges. Business owners may want to consult with a qualified tax professional to ensure that they are in compliance with all applicable tax laws and regulations.

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