Tax Help Chicago - Blog
Learn everything you need to know about all things taxes and tax relief in one place. We cover a range of topics to help improve your tax knowledge.
Offer in Compromise Scams: What They Are and How to Avoid Them
The IRS Offer in Compromise (OIC) program gives some taxpayers the chance to settle their tax debt for less than they owe. Because it sounds
Illinois Property Tax Credit: Everything Homeowners Should Know
If you’re a homeowner in Illinois, there’s a good chance you’ve heard about the Illinois property tax credit. Still, many people aren’t sure what it
First Time Penalty Abatement: How to Qualify and Apply for IRS Relief
Getting hit with an IRS penalty for the first time can feel overwhelming—especially if you’ve always tried to stay on top of your taxes. Whether
Offer in Compromise Scams: What They Are and How to Avoid Them
The IRS Offer in Compromise (OIC) program gives some taxpayers the chance to settle their tax debt for less than they owe. Because it sounds
Illinois Property Tax Credit: Everything Homeowners Should Know
If you’re a homeowner in Illinois, there’s a good chance you’ve heard about the Illinois property tax credit. Still, many people aren’t sure what it
First Time Penalty Abatement: How to Qualify and Apply for IRS Relief
Getting hit with an IRS penalty for the first time can feel overwhelming—especially if you’ve always tried to stay on top of your taxes. Whether
What Happens If You Miss the Tax Deadline? How to Limit Penalties and Get Back on Track
What happens if you miss the tax deadline? First, don’t panic. While missing the April 15 deadline can lead to penalties, interest, and other consequences,
5 Critical Tips to Ensure Business Tax Compliance and Avoid IRS Audits
Business tax compliance is one of the most important aspects of running a successful company. Failing to meet tax obligations can result in penalties, interest,
