When you set up your business, one of the first things you have to do is choose a business structure. Each structure has its own benefits and limitations, so it is an important decision that you need to think about. It may also help to seek advice from a qualified business lawyer. Here is what you … [Read more...] about Picking the Perfect Business Structure
IMPORTANT: Clarification on Tax Return Due Dates
The IRS has clarified which returns can be filed July 15. Only corporate and individual returns due April 15 can be filed on July 15. If your return is due May 15 or June 15, you need to file for an extension of time. Illinois corporate and individual income tax returns due April 15 can be … [Read more...] about IMPORTANT: Clarification on Tax Return Due Dates
Are You Ready for the Next Recession?
Are You Ready for the Next Recession? Nobody wants to hear the word recession, but there are signs that the economy is slowing down. Job growth, factory production, retail sales and company profits are all down. If you haven’t started thinking about the next recession, you need to start soon. … [Read more...] about Are You Ready for the Next Recession?