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Chris Amundson

Premium Author Chris Amundson

Chicago, IL

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Chris Amundson is the President of Accounting Solutions Ltd., a public accounting firm in Chicago specializing in accounting and taxation for Businesses, Estates, and Trusts.


ARTICLES BY CHRIS AMUNDSON


https://accountingsolutionsltd.com/federal-income-tax/s-corp-vs-llc-tax-benefits/ Many new clients will ask me which entity structure is best for them. The primary issue in entity choice is a legal d...
https://accountingsolutionsltd.com/ethics/small-business-accountant-chicago/ In all of my initial conversations with new clients, I ask the following question. “What is the main job of an accou...
https://accountingsolutionsltd.com/federal-payroll-tax/payroll-tax-problems-can-reduce-payroll-tax-deposits/ Let’s treat this like a quiz question. If you are an entrepreneur and you write your...
https://accountingsolutionsltd.com/business-consulting/saving-money-taxes-differences-dividends-distributions-draws-guaranteed-payments/ Using and understanding the differences between these separate...
https://accountingsolutionsltd.com/federal-income-tax/small-business-accountant-chicago-youve-levied/ You own a small business and you’ve been levied. What do you do now? 1 – Check the am...
https://accountingsolutionsltd.com/ethics/cpa-tax-accountant-ethical-responsibilities/ There are entire books and courses that are taught on CPA / Enrolled Agent Ethics. But those courses can usually...
https://accountingsolutionsltd.com/illinois-unemployment/unemployment-tax-audit-illinois-ides-audit/ You just received a notice from the Illinois Department of Employment Security that you are going ...
https://accountingsolutionsltd.com/federal-income-tax/can-irs-audit-two-times-two-years/ Certainly. There is no restriction in between years. If an IRS Audit has been finished and closed out on one y...
https://accountingsolutionsltd.com/federal-income-tax/unfiled-income-tax-returns-satisfy-irs/ The primary reasons why successful and seasoned business owners have unfiled income tax returns is that t...
https://accountingsolutionsltd.com/federal-income-tax/long-keep-tax-records/ You should keep a copy of your Federal Income Tax Returns and the related documents supporting income and deductions for s...
https://accountingsolutionsltd.com/federal-income-tax/irs-tax-problems-small-business-accountant-chicago/ Some of the most challenging issues we handle as small business accountants in Chicago are IR...
https://accountingsolutionsltd.com/federal-income-tax/tax-self-employed-can-reduce-self-employment-tax/ Self Employment Tax is one of the major issues that we deal with in Business Tax Preparation. T...
http://www.articlesfactory.com/articles/business/what-can-trigger-an-irs-audit.html Many years ago, when I was teaching a course on Quickbooks, one of my students started talking to me after class. S...
https://accountingsolutionsltd.com/federal-payroll-tax/unpaid-941-taxes-handle-unpaid-941-tax-issue/ Another one of the Issues that we handle as Small Business Accountants is Unpaid 941 Taxes. One of...
https://accountingsolutionsltd.com/federal-income-tax/inventory-control-inventory-turns-costing-methods/ Inventory Control One of the keys to profitability when selling a retail product is inventory ...








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