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"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
- Will Durant

About us

ABOUT US

Accountant

Serving Chicago and its surrounding areas for over 25 years. We offer payroll processing, accounting, personal and business income tax preparation, and new business setups.

 

Sirviendo a Chicago y sus alrededores por más de 25 años. Ofrecemos procesamiento de nómina, contabilidad, preparación de impuestos personales y comerciales, y configuraciones de nuevos negocios.

Accountant at Work
THE TEAM

THE TEAM

Angie Cavazos

President and CEO

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Accountant

SERVICES

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Income Tax Preparation │ Preparación de Impuestos

Income tax preparation for individuals; self-employed persons, including single-member LLCs; and small businesses, such as C-corps, S-corps, and partnerships.

 

Preparación de impuestos para individuales; trabajadores por cuenta propia, incluidas las LLC de un solo miembro; y pequeñas empresas, como C-corps, S-corps y asociaciones.

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Payroll Processing │ Procesamiento de Nómina

We offer full payroll processing and assisted payroll. Full processing includes pay stubs and direct deposit, payroll tax deposits, quarterly reporting, and annual reporting. For companies that process their own payroll, we can assist with the quarterly and annual reporting requirements.

 

Ofrecemos procesamiento completo de nómina y nómina asistida. El procesamiento completo incluye talones de pago y depósito directo, depósitos de impuestos sobre la nómina, informes trimestrales e informes anuales. Para las empresas que procesan su propia nómina, podemos ayudar con los requisitos de informes trimestrales y anuales.

Collaborating
Accounting │ Contabilidad

Let us take care of the bookkeeping and financial statement preparation so you can focus on profit generation! Customizable plans that are based on your business needs.

 

¡Permítanos encargarnos de la contabilidad y la preparación de los estados financieros para que pueda concentrarse en la generación de ganancias! Planes personalizables que se basan en las necesidades de su negocio.

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New Business Setup │ Configuración de Nuevos Negocios

Setting up a new company or registering an existing one can be overwhelming. We can discuss the differences between entity types, tax treatments, and filing requirements so you can decide what is best for you.

 

Establecer una nueva empresa o registrar una existente puede ser abrumador. Podemos hablar sobre las diferencias entre los tipos de entidades, los tratamientos fiscales y los requisitos de presentación para que pueda decidir qué es lo mejor para usted.

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current topic

CURRENT TOPIC

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Financial Crimes Enforcement Network's Beneficial Ownership Information Report (BOIR)

 

***EDIT*** STAY IS IN EFFECT AGAIN AS OF 1/2/25

(Ongoing Litigation – Required Filing is Paused Again – Submission is Voluntary at this Time)

Due to a federal Court of Appeals decision on December 23rd, non-exempt reporting companies are required to file a Beneficial Ownership Information Report (BOIR) with FinCEN. The preliminary injunction that was in effect earlier this month has now been lifted. The extended deadline for most companies is January 13, 2025.​

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Visit boiefiling.fincen.gov/fileboir for more information.

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Reporte de Información sobre Beneficiarios Reales (BOI, por sus siglas en inglés) de la Red de Ejecución de Delitos Financieros
 

***EDITADO*** LA SUSPENSIÓN VUELVE A ESTAR EN VIGOR A PARTIR DEL 2/1/25

(Litigio en curso – Presentación requerida se pausa nuevamente – Presentación es voluntaria)

Debido a una decisión del Tribunal Federal de Apelaciones del 23 de diciembre, las empresas no exentas deben presentar un Reporte de Información sobre Beneficiarios Reales (BOIR) ante FinCEN. La orden judicial preliminar que estaba en vigor a principios de este mes ahora ha sido levantada. La fecha límite extendida para la mayoría de las empresas es el 13 de enero de 2025.

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Visite boiefiling.fincen.gov/fileboir para obtener más información.

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RELEVANT ARTICLES

Business Tax Info

Tax information, tools, and resources for businesses and self- employed.

Grow Your Business

If your business is up and running but needs more capital, you can rely on familiar options. However, funding an existing business still requires slightly different preparation.

H.R.7024

What is the Tax Relief for American Families and Workers Act of 2024?

FinCEN BOI Reporting

New Federal Reporting Requirement as of January 1, 2024

 

Who must report?

Your business may be required to file a BOI report if it is:

- a corporation, limited liability company (LLC), or other business entity that is registered with the Secretary of State’s Department of Business Services;

 

OR

 

- a domestic or foreign corporation, LLC, or other business entity with fewer than 20 U.S. employees and less than $5 million in gross receipts or sales.

Residential Clean Energy Credit

If you invest in renewable energy for your home such as solar, wind, geothermal,  fuel cells or battery storage technology, you may qualify for an annual residential clean energy tax credit.

IRS Online Account

IRS now offers a sign-in option with ID.me, which offers access to IRS online services with a secure account that protects your privacy. 

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Create an account to:

– Access Transcripts

– Make and View Payments

– View or Create Payment Plans

– View Your Balance

– and more...

IL Secretary of State

Do you need to register a company?

 

Do you need to update your company information?

 

Is your company in good standing?

Employee or Contractor?

It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors.

Identity Protection PINs

An Identity Protection PIN (IP PIN) is a six-digit number that prevents someone else from filing a tax return using your Social Security number or Individual Taxpayer Identification Number. The IP PIN is known only to you and the IRS. It helps us verify your identity when you file your electronic or paper tax return. Even though you may not have a filing requirement, an IP PIN still protects your account.

If you don't already have an IP PIN, you may get an IP PIN as a proactive step to protect yourself from tax-related identity theft.

IDOR - FSEU

What is the Federal State Exchange Unit (FSEU)?

MyTax IL Online Account

File your tax returns, make payments, and view your account information in a safe and secure manner.

How to Choose an Income Tax Preparer

Anyone can be a paid tax return preparer as long as they have an IRS Preparer Tax Identification Number (PTIN).

 

However, tax return preparers have differing levels of skills, education and expertise.

Articles
CLIENTS

HAPPY CLIENTS

Wonderful service and great communication!
Overall a great experience to work with them 100% recommended!

November 2024

- Hugo Lopez

Quick and thorough. Thank you AC Accounting.

April 2024

- Gina & Mike K
PORTAL

VISIT OUR CLIENT PORTAL

Securely upload your tax documents, view copies of your filed tax returns, and so much more! Click here to create an account or contact us and we will send you a registration link.

Download the app today!

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¡Cargue de forma segura sus documentos fiscales, vea copias de sus declaraciones de impuestos y mucho más! Haga clic aquí para crear una cuenta o póngase en contacto con nosotros y le enviaremos un enlace de registro.

¡Descarga la aplicación hoy mismo!

CONTACT US

CONTACT US

Thank you! We will reply as soon as possible.

¡Gracias! Le responderemos lo antes posible.

Address:

2703 W 47th St

Chicago, IL 60632

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Email:

aca.taxes@gmail.com

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Phone:

773.824.6090

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Fax:

773.207.3625

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Secure Portal

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