File your taxes from the convenience of your home! We are IRS authorized e-file providers, offering you virtual tax preparation. Our contactless tax preparation is secure, accurate, and fast! Pricing starts at $150. To see our pricing, and other services that we offer, click the link below. https://howardtaxprep.com/pricing 

How to invite your accountant to view your QuickBooks account. If you've been using QuickBooks, and need to give your accountant access to your books, watch this video for a step by step demonstration. https://www.youtube.com/watch?v=XqdWTQW6FXY

Legally withdraw tax free money from your corporation. Please note, for tax free home office reimbursements, you will need an IRS compliant accountable plan for reimbursements, a business connection to the expense, proper accounting by the employee, and proof to substantiate records. Any excess reimbursements must be returned to the corporation within a reasonable period of time.  

RENTAL UP TO 14 DAYS.  If your S-Corp is paying you rent to host business meetings, please do the following: 1.) Research the going rate for conference/meeting room rental in your area.  2.) Invoice your corporation for room conference/meeting rental.  3.) Create a conference/meeting room rental agreement, or order one from Howard Tax Prep LLC. 4.) Write a check, send a zelle, cash app, etc. from your corporate bank account to your personal bank account.  5.) Document the business purpose.

Don't have a profit and loss prepared? Don't want to pay for bookkeeping by a professional? Are you small business owner just starting out? Do you use your bank account your income and expenses? If so, this video is for you! Use this video to help you prepare your expenses for tax preparation. 

Paying taxes as a self employed person can be confusing. If you expect to have a Federal tax liability of $1,000 or more, or a State of IL tax liability of $500 or more, you need to pay your estimated taxes. Watch this video to learn how to pay your taxes as a self employed person. For tips on how to lower your self employment taxes, visit our website at https://howardtaxprep.com/reduce-se-tax 

When does the 10 year clock start ticking with the IRS? How is the IRS still collecting a debt that was created over 10 years ago? Did you do something to stop the clock from running on your tax debt? Watch the video for answers to these questions and more! 

The Easiest Way To Track Business Mileage. 

Business mileage offers the self employed person HUGE TAX DEDUCTIONS. A small business owner that drives 80 miles per week for 52 weeks can deduct $2,267.00 from their taxable income. If that small business owner falls into the 22% tax bracket, that's an additional $499 back into their pocket!

1136 S. Delano Ct W, Suite B201-2002; Chicago, Il 60605. Detailed information on where to park, what elevator to take, what button to push, and how to get into our office. 

** PLEASE ENTER THROUGH THE BACK PARKING LOT WHERE YOU PARK *** Detailed information on what door to enter, what  what button to push, and how to get into our office. 

If you don't have a printer, and scanner at home, you can use FedEx's print and go service. We will email you a document retrieval code, you will print the document, sign where instructed, and either fax back to our office, or scan the document back to using a secure email.