Q: Where's my refund?
A: Please visit www.irs.gov and look for the online service "Where's My Refund?"
Q: What documents do I need to bring to my tax appointment?
A: Last year's tax return (if you are a new client), W-2 forms, all 1099 forms (i.e. 1099-INT, 1099-DIV, etc.), other sources of income, all information on business assets, all information on sales of stock, K-1 schedules, documents showing mortgage interest and real estate taxes paid, summarized lists of expenses paid for medical, dental and childcare, charitable contributions, and all other deductible expsense, list of dates and estimated tax payments made during the year.
Q: When can I get Social Security?
A: You can get Social Security retirement benefits as early as age 62, but if you retire before your full retirement age, your benefits will be permanently reduced, based on your age. For example, if you retire at age 62, your benefit would be about 25% lower than what it would be if you waited until reach full retirement age. Some people stop working before age 62. But if they do, the years with no earnings will probably mean a lower Social Security when they retire. Please visit http://www.socialsecurity.gov/ for greater details.
Q: Should I E-File my return?
A: YES! E-filing your return is a secure and fast way to file your taxes. Your information is not shared, and it allows refunds to be dispersed quicker.
Q: What do I need to do if I want to start a new business?
A: There are many steps you need to take in order to form a new business. Preparing a solid business plan is a good first step, then engaging qualified professional assistance in a CPA and attorney. You have to file appropriate formation and tax documents, obtain appropriate licensing, as well as draft appropriate formation documents such as articles of incorporation. Please visit http://sba.gov/ for step-by-step instructions on forming a small business. We also assist in business start-up and would be happy to offer a free consultation. Contact us at 847-486-1043.
Q: Where and when can I get my credit report?
A: You can get one free credit report per year at www.annualcreditreport.com, or from requesting them directly from each of the three bureaus.
Q: I'm an Illinois homeowner. What are my exemptions?
A: There are several tax saving exemptions available to Illinois homeowners, with varying specifications. Please visit: http://www.cookcountytreasurer.com/services.aspx?ntopicid=24 for details.
Q: I'm an Illinois resident and want to know how much did I pay last year in property taxes?
A: Please contact the Cook County Assessor's Office at 312-443-7550 or visit http://cookcountyassessor.com/
Q: How did tax laws change this year and how do they affect me?
A: The IRS website is the best place to visit for up-to-date tax law information. They provide detailed descriptions of changes and effects. Please visit http://www.irs.gov/ for more information.
Q: Should I itemize my tax deductions?
A: There is no standard answer for this, and the answer depends on each client's individual situation. When you come in for your tax appointment we will explain your best options to you. You can also find more information at