To help small businesses in Chicago prepare for the tax season, Accounting Solutions has announced that it is opening its doors to small to medium-sized businesses seeking professional bookkeeping and tax preparation services.

More details can be found at https://accountingsolutionsltd.com/

The firm said that business owners should focus on accurate bookkeeping, as it is the foundation of effective tax planning and filing. It added that by maintaining precise financial records, businesses can avoid costly errors that could lead to penalties, missed deductions, and other inefficiencies that may arise during tax season.

Recent research by the University of Baltimore Business School and Datarails revealed that errors in financial reporting cost U.S. businesses $7.8 billion annually. Additionally, small companies risk losing up to 5% of their annual revenue due to bookkeeping and tax filing mistakes.

To address these challenges, Accounting Solutions Ltd provides a team of experienced CPAs, enrolled agents, and bookkeepers to assist with tax preparation, financial statement reporting, and more.

“Our philosophy is simple: get the bookkeeping right, and everything else falls into place,” explained Chris Amundson, President of Accounting Solutions. “By handling the numbers, we give business owners the freedom to focus on what they do best—growing their business.”

In addition to bookkeeping, the firm offers a range of services designed to meet the unique needs of its diverse client base, which includes corporations, partnerships, sole proprietors, estates, and trusts. Their expertise extends to resolving unfiled tax issues, correcting errors in income, payroll, and sales tax returns, and negotiating with the IRS to address disputes.

For businesses facing audits, Accounting Solutions Ltd provides full IRS representation, helping clients minimize liabilities and achieve favorable outcomes. Their federal licensing allows the firm to serve clients nationwide, handling complex tasks like multi-state tax filings and payroll management with ease.

Tax planning is another cornerstone of the firm’s offerings, with strategies aimed at legally reducing tax liabilities while maximizing after-tax income. “We go beyond compliance by proactively identifying opportunities that let our clients keep more of their hard-earned earnings,” Chris added.

About Accounting Solutions Ltd

Accounting Solutions Ltd is a full-service accounting and tax advisory firm serving businesses in Chicago and surrounding areas for over 35 years. Known for its expertise in bookkeeping, tax preparation, and IRS representation, the firm is BBB-accredited and committed to helping clients achieve financial success.

Businesses interested in simplifying their financial reporting processes can request a consultation by calling 773-267-7500 or visiting https://accountingsolutionsltd.com/

Accounting Solutions Ltd

3227 West Bryn Mawr Avenue
Chicago
Illinois
60659
United States

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