My Chicago Small Business Health Quiz (Part 1)

Things are getting busier around Ye Olde Accountacy Shoppe (i.e. A.L. Taylor and Associates, PC) as more and more Chicago business owners are touching base to get on our calendar for the next few weeks.Will you join them?If so, great. You know how to find us. Let us...

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The Real Risk From An IRS Audit by Ayton Taylor

You see that piece of mail in your mailbox with the IRS letterhead, and a certain fear kicks in.(Unless, of course, you've "been there, done that", and you had us on your side).But the natural fear of what the IRS might be wanting to tell you (the dreaded audit!) can...

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Ayton Taylor’s 2019 Personal Income Tax Documents List

So yes ... you run a business.Which affords you some massive opportunities not available to Chicago wage employees on your PERSONAL taxes (depending, of course, on how everything is set up for you).So that likely means that you have a couple different tax returns to...

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The Three Kinds of Customers For Chicago Businesses

Bar none, the most important asset in your Chicago business is your client and customer list. This is even true if you are in a "capital-intensive" business with significant material assets. In fact, I'd be very interested to hear someone make a strong case that it...

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Protecting Your Focus At All Costs by Ayton Taylor

War drums beating in Iran.Impeachment (?) proceedings. Democratic primaries.Weird economic signals.There is literally SO MUCH that can rob you of your greatest asset as we move forward into 2020.And in case it wasn't obvious, I'm talking about your focus.As a local...

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How To Handle Your Chicago Company’s 2019 Payroll Taxes

The end of the year is nigh.Which, of course, also carries with it a bunch of tax matters.And, well ... it's no secret that for many people who get in hot water with the IRS, a very common reason is payroll taxes.For many, they aren't filing properly, "assuming" that...

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Ayton Taylor’s Annual Holiday Prayer

In this holiday season full of conflict and impeachment, I'm ever more encouraged to see outside of my own situation, and practice empathy for those around me.And as the years go along, I'm increasingly aware of how this holiday season is a time of joy for many, as...

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Will Your Chicago Company Be Giving Year-End Bonuses?

The plot to one of the most iconic Christmas movies of all time, Christmas Vacation, centers on one holiday hope: the year-end bonus.Clark Griswold, as "the last true family man", decides he will use his promised year-end bonus to install a pool in his family's...

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Raise Prices For Your Chicago Business

Let me start out by once again reminding you that we are nearing year-end (as if you really needed my reminder).And Chicago business owners are extremely well-positioned to make a dent through proper tax planning more than any other population.We're right here, should...

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