…the return filed. What should a recipient do if IRS doesn’t have his direct deposit information? In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail. If a potential recipient is not required to file…
…to pay off debts, and making sure you have proper insurance, etc. Sound finances certainly help make for a sound body and a sound mind. Stay safe and healthy. With gratitude, Eaman Shebley Disclaimer: I am not a doctor, nutritionist, or dietician. The information I share is based on information I learn from my own research and experience. All information…
…Credit payments EIP stimulus payments Estimated tax payments and carryovers CJBS will be sending Tax Organizers to our clients in the next month to help you gather all the information and questions needed to compile your tax records. The more information you complete and provide, including your IRS payment records, the less time of yours we take up while continuing…
…payment coupon to mail in with a check. However, in lieu of mailing in a payment by check you can pay online through the State of Illinois Website. To process an extension payment through MyTaxIllinois please follow the following steps: 1. Click HERE to go to MyTaxIllinois Website 2. Scroll down to the Box titled Individual Select Make an IL-1040, IL-1040-ES, or IL-505-I…
…to learn more about the program please visit www.jobstaxcredit.illinois.gov. CJBS, LLC is a Chicago based firm that assists its clients with a wide range of accounting and financial issues, protecting and expanding the value of mid-size companies. E-mail me at michael@cjbs.com if you have any questions about this posting or if I may be of assistance in any way. cjbs.com…
Dear Clients and Friends, In our message last week, we talked about the importance of proactive tax planning, and shared a comparison chart of the two tax policy proposals, which we hope you found useful. With elections less than one week away, it’s important to also identify how the outcomes can affect your home state’s income tax as well. For example, in our home…
…to my most recent promotion to a senior accountant. Unfortunately, during our busiest time of the year the global pandemic hit in March 2020, and the city was shut down. We immediately started to work from home. While technology and the systems the firm had implemented the year before made the transition easier, it was the sense of teamwork that…
…safe at home. During this time we will all be working from home so tax filing season moves forward. We are supported by robust and secure technology. The options to forward us information are the following: Share safe (Send me a File Securely). USPS – We will be picking up the mail daily from the post office. UPS – They…
Dear Clients & Friends, It’s time for a new tax filing season. 2020 has undoubtedly brought new challenges to our lives. Along with the issues we all have had to contend with are tax acts passed by Congress that drastically affect your 2020 tax returns. With that said, there will be new and additional forms on your tax return this…
…equipment, and systems are becoming more commonplace, for two big reasons: To gain or maintain a competitive edge. Many companies today are undergoing “digital transformations” as they move away from paper-based processes and brick-and-mortar locations. Although there are risks and challenges, businesses that leverage smart tech (and get the IoT right) may be able to reduce costs, gain operational efficiencies,…