Business owners:

• Do you need to get a handle on your monthly revenues and expenses?
• Is your bookkeeping and accounting always falling behind?
• Are you looking for ways to potentially reduce your tax burden?
• Are you filing late tax returns?

 

Our Business Services can help.

 

Accounting and Bookkeeping

Having accurate financial statements each month is critical in a small business. We make it easy for a small firm to afford good accounting by offering fixed-fee pricing for routine accounting services.

Services incorporated in a fixed-fee rate can include:

• Completion of sales tax returns
• Completion of quarterly and annual payroll tax returns
• Bookkeeping
• Bank Reconciliations
• Generation of financial statements and reports

Controllers

As a business grows, its needs become more complex. Expertise and manpower are required to handle these ever-increasing complexities. Many growing businesses need not only a bookkeeper and accountant but a controller as well. However, its needs are not such, that it requires a fulltime controller.

We can assume the controllership functions your business requires. As your firm’s controller we will focus, not only on expense control, but also revenue growth.

 Tax Planning

Nothing causes most business owners more grief than taxes. They have no impact on sales and it costs a business valuable resources to comply with the rapidly changing tax laws. Consequently, minimizing the tax burden is extremely critical.  We take a proactive approach to taxes, helping you to make wise decisions throughout the year, and reviewing all the taxes paid to look for ways to minimize your overall tax liability.

We can assist with:

• Income Taxes
• Sales Tax
• Payroll tax

Having accurate financial records is critical to filing accurate tax returns. We work with you to get your business’s book and records in order. We review your transactions and ensure they are properly recorded.  We look for potential deductions that are missing and possible red flags. We also educate you on when returns and payments need to be made. Filing returns and making deposits on time are often easy ways to reduce a tax burden.

Back Taxes

If you have not submitted tax returns for years past, it is not too late. We can assist you in compiling the data required for historical returns. When completing the returns, we take a comprehensive look at all unfiled tax returns and work to minimize any fines and penalties that may be incurred.

 

MILANI & ASSOCIATES, LTD 4413 MAGNOLIA CHICAGO, IL 60640 (773) 506 6500