Accurate Tax Chicago

01/08/2026

The IRS announced they will start accepting efile for business returns starting 1/13 and individual returns starting 1/26.

11/11/2024

08/15/2024

An Identity Protection PIN (IP PIN) is a unique six-digit number known only to the taxpayer and the IRS; it helps prevent the misuse of the taxpayer's Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN) on fraudulent federal income tax returns. Here's a link to get yours!

Get an Identity Protection PIN (IP PIN) to protect your tax account.

07/29/2024

WE'VE MOVED!! After 43 wonderful years in the Ashburn neighborhood of Chicago, we have moved to 8260 W. 95th St. in convenient Hickory Hills, IL. Looking forward to seeing you soon!

01/30/2024

https://www.thetaxadviser.com/news/2024/jan/dont-wait-on-action-on-tax-bill-to-file-returns-irs-tells-taxpayers.html?fbclid=IwAR0Tju5wBjQGlEOWfKiMxDFERJ8s4XS1GKkTUcWlDMiRlm0SCn06lq2zQnQ_aem_ASLTK6Vt-N1aqXrFhlRBGo5m5H6oDoWAb-oFTWVlaRrMXmCBlj0mP1VxH5NCZjiPD_s

With tax season opened as of Monday, Commissioner Danny Werfel said the IRS will handle any necessary changes if a bill passes after returns are filed.

01/29/2024

Life can get messy, but preparing your tax return doesn't have to be. The offers a checklist of common errors to avoid so you can make sure your tax return is correct and complete. Remember: Errors could delay the processing of your return.

Check out www.irs.gov/taxerrors for our list of common mistakes.

01/29/2024

The begins accepting tax returns today! Taxpayer help has expanded this year with more in-person hours, better service and improved tools. Read: https://ow.ly/bb7k50QvqRN

10/27/2023

Going green will become even more affordable in 2024! just released details on how buyers and dealers can use the Clean Vehicle Credit towards the purchase of a new or used clean vehicle. Beginning Jan. 1, 2024, buyers will be able to transfer their Clean Vehicle Credit to registered dealers to be used towards the purchase of a clean vehicle. Updated FAQs are also available online.

Learn more at: https://ow.ly/l4QU50PVfEQ

08/30/2023

https://wapo.st/3YTc7lD

NEW: The Biden admin has a new rule out today that would raise overtime cutoff to those who make $55k/yr (it's $35k now)

Who would benefit?
-690K professional workers
-300k manufacturing wrkrs
-620k healthcare & social service
-300k retail

The proposed rule would guarantee overtime pay for most non-hourly workers earning less than $55,000 a year, up from the current threshold of $35,568 a year.

10/31/2022

If it's on the radio, it's probably a scam.

IR-2022-183, October 19, 2022 — The Internal Revenue Service today warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to taxpayer eligibility for and com...