Posts Tagged ‘tax season’

Tis’ the Season for Tax Prep

Nov 30th, 2022

Thanksgiving is over, and Christmas and a new year are just around the corner. 2022 will be gone in the blink of an eye, so now is the time to prepare for 2023 tax filings. That may spark feelings of dread, panic and even anger for some. Others have been through this too many times […]

Here’s How Long it Will Take to Get Your Tax Refund in 2022

Feb 2nd, 2022

Three-quarters of all Americans get an annual tax refund from the IRS, which often is a family’s biggest check of the year. But with this tax season now open, taxpayers could see a repeat of last year’s snarls in processing, when about 30 million taxpayers had their returns — and refunds — held up by […]

New Law Will Save Small Business Owners Thousands of Dollars This Tax Season

Jan 19th, 2022

Small business owners in Illinois should see a reduced tax bill thanks to a new law. The new S.A.L.T. Deduction Law allows S-corporations and partnerships to avoid the $10,000 cap on state and local tax (SALT) deductions on federal taxes. Click here to read more.