Howard Tax Prep LLC

PERSONAL TAX RETURNS

Itemizing For High Net Worth Individuals

New Homeowner Tax Returns

Real Estate Investment Tax Returns

Pell Grant Maximization

Maximized College Students Tax Returns

BUSINESS TAX RETURNS

1099 Independent Contractor Schedule C Tax Returns

Cash Pay Business Tax Returns

Home Based Business Tax Returns

Small Business Tax Returns

Real Estate Investor Schedule C, & Schedule E

1120 Corporate Tax Returns

1120(s) S-CORP Tax Returns

1065 Partnership tax returns

1 Person LLC Tax Return

Nonprofit 501 3(c) tax returns

BUSINESS SERVICES

Accounting (Quickbooks)

Bookkeeping

Payroll

Compliance

Background Checks

Employee/1099 Onboarding

Entity Creation (LLC, Corporation, Nonprofit)

Employee/1099 Time Tracking (T-sheets)

Disability Insurance

Errors & Omission Insurance

Workers Compensation Insurance

General Liability Insurance

For new business owners, or those looking to start a business, we also offer an array of entity creation packages to help you get started.

TAX PROBLEM HELP

Do you owe the IRS, or your state back taxes? If so, you need tax resolution services. Howard Tax Prep LLC is located in the south loop of Chicago, and we can provide tax resolution services that can help you settle tax debt, negotiate monthly payments, or apply for a tax debt hardship. If you have received an IRS notice CP2000, IRS notice CP504 intent to levy letter, or a notice before collection action letter, please contact us IMMEDIATELY.

The Federal Government has the authority to seize your personal property & bank accounts, garnish your wages, and place liens on your assets. While owing the Federal government is scary, sometimes owing the state can be even scarier. If you owe Illinois tax debt, per the Illinois department of revenue the tax debt collection process is as follows.

Revoke, suspend, or hold your business certificate or professional license. This includes nursing license, insurance license, securities license, CDL, real estate license, etc.

File a lien (fancy word for place a hold on to stop you from selling) on your property that can be ENFORCED FOR 20 YEARS. A lien filing will have a negative impact on your credit rating. Also, if the state files a lien on your real estate or personal property, in most cases you cannot sell or transfer your property.

Seize (fancy word for take) your real estate and personal property. Personal property includes automobiles and business assets.

Levy (aka garnish/take) your wages, salaries, bonuses, & commissions. Your employer must deduct up to 15 percent of the gross amount to pay your past due tax.

Levy (also known as garnish/take) your bank accounts, requiring the bank to hold for 20 days all monies in your account up to the total past due tax, penalty, and interest. After 20 days, the bank will forward the money to the department of revenue.

Hold you personally responsible for business taxes. The IDOR has the authority to assess the tax, penalty, and interest owed by a business against its officers or others responsible for filing and paying sales and withholding taxes.

Other actions

Corporations who owe past-due taxes may not have their corporate charters renewed.

Lottery licenses can be revoked or not renewed for nonpayment of taxes.

The Comptroller’s Office may offset any money that the Illinois state government owes you and apply that amount to your delinquent tax liability.

They may ask the Internal Revenue Service to pay your federal income tax refund to the state of Illinois.

Your name may appear on our delinquent taxpayer list that is published on our web site.

They may ask the Secretary of State to not renew your dealer’s license.

They may apply your (or your spouse’s) credit or refund to another tax liability.

A collector may visit you at your home or business.

Liquor license revocation or non-renewal.

Revoke your sales tax business certificate.

Refer your account to a collection agency.

Howard Tax Prep LLC will help you get into tax compliance, and we will file personal and business back tax returns, & back business tax returns. If you have received an IRS Notice CP504 intent to levy, intent to garnish, CP2000, CP75, CP05, or any other form, contact us IMMEDIATELY; the longer you wait, the worse the situation becomes.

HONEST & FAIR PRICING

Although we hold many credentials, we believe in having a fair and honest pricing system, in addition to offering discounts to college students, the disabled, and seniors. What does fair and honest pricing mean to Howard Tax Prep LLC? It means that our charges are based on a publicly listed fee schedule, and we work for a FLAT FEE, not a percentage of your tax refund. You can rest assuredly knowing that our pricing is based on the work we provide, not the amount of your refund! Although our pricing schedules are published online, prior to any work being done, Howard Tax Prep LLC clients receive a written estimate that includes an explanation of charges & estimated refund date. Once a client reviews and accepts their written estimate, we offer several convenient ways for taxpayers to utilize our services.

CONVENIENCE SERVICES

As a nationwide tax agency, Howard Tax Prep LLC offers the following convenience services: tax document pick up and drop off service** of tax documents; remote signature; secure client portals; evening & Saturday appointments; virtual; and in-home/office tax preparation services. No case is too big or too small for Howard Tax Prep LLC! Call us today and lets us prepare your 1040 tax return, 1120S tax return, 1065 partnership tax return, or 990 nonprofit tax return. When you call please ask about our current discounts, and promotions for new clients.

* In some cases we may provide a discount for seniors, the disabled, and college students. **Certain areas only. Services may be subject to a fee.