Lincoln Park Zoo
Author: badutaxservices
Best Tax Accountant Chicago IL: Pandemic Creates An Opportunity Or A Risk For Business
The COVID-19 virus has changed the world not just the U.S. This pandemic, one not seen in over 100 years, is affecting businesses good and bad.
Jeff Badu, one of the best tax accountants in Chicago, Ill., sees both sides of the situation and is trying to help his clients through this trying and difficult time.
Smaller businesses, such as restaurants, can be struggling to keep doors open. Those that do not offer a drive thru service are adopting curbside pickup. Regardless, it is a struggle for some.
“As a tax professional in Chicago, Illinois, I am doing what I can to help businesses. The losses they are taking in this time is extraordinary. From a business standpoint, it is a great thing because you want to take losses in business. For the business owner, it is not good because they are struggling keeping up with their personal bills and responsibilities,” said Badu.
Badu is a certified public accountant, CPA, licensed in Illinois. He specializes in individuals and small businesses with tax preparation, planning and other related accounting services for residents of Chicago IL.
“I also serve my clients as a liason before the IRS. Dealing with the IRS is scary, but given the current state of affairs, it may be even more scary now for some. I help my clients deal with that,” continued Badu.
Badu’s website offers a portal for clients to upload tax documents. Behind a secure server, the documents are safe and seen only by Badu.
More information, including on how to become a client and utilize the client portal, is on the website. Go to www.badutaxservices.com for details.
Things to do in Chicago – Part 13
Garfield Park Conservatory
Things to do in Chicago – Part 12
Chicago Cultural Center
Business Accountant Chicago Illinois Shares Advice On Choosing The Right Professional To Work With
There are no two fingerprints that are exactly the same, and there are no two tax payers with the exact same situation when it comes to taxes and tax liabilities. Finding an appropriate tax professional is vital to the best possible outcomes and to minimize the chances of a tax audit from the IRS.
There are plenty of accounting services in Chicago, Illinois. However, it is the small details that set tax professionals apart from the others. One such tax professional is Jeff Badu of Badu Tax Services.
Badu is a tax professional in Chicago and has been in the tax industry since he graduated. He has extensive experience with accounting and taxes and spent several years with a large tax firm before starting to work independently. His reasons for starting his own business were simple.
“When I was at the large firm, all of the clients were known by a business name or a number. There was no interaction with the client, just the simple act of bookkeeping and tax preparation. I wanted to know my clients on a personal, individual level. I can do that now that I am an independent CPA in Chicago, Illinois,” said Badu.
Badu has one simple philosophy when it comes to taxes and tax preparation. Knowing the tax payer and their specific situation is necessary for solving tax issues. Each year, clients come to Badu because of this and wonder why they did not elect to use his services initially.
“I insist on a personal phone call or meeting with each one of my new clients before and after I receive their tax paperwork and begin working on their liabilities and tax burdens. This way, I can leverage what I learn to find additional ways to save them money through avenues such as deferred compensation plans, IRA’s and other tax-sheltered annuities,” said Badu.
Badu Tax Services helps Chicago citizens and businesses with all their accounting needs. For individuals with a fairly simple tax situation or business owners that require more in-depth analysis or business tax preparation, Badu Tax Services helps maximize tax savings and minimize tax liability. The firm’s mission is to help you maximize financial security while offering tax preparation services in Chicago to individuals and businesses.
Badu Tax Services accepts clients on a continual basis and has a secure server for electronic loading of tax documents. Learn more at the website – www.badutaxservices.com.
Things to do in Chicago – Part 11
Millennium Park
Things to do in Chicago – Part 10
Shedd Aquarium
Tax Preparation Services Chicago IL: The opportunity Of a $100,000.00 Tax Minimization Exists
Small businesses and professionals who work for themselves are often taken off guard at the end of the year when they discover their tax liabilities. The amount can be shocking and if not paid, very detrimental to the business and individual.
“The IRS is not a government entity that most people do not want to match up toe to toe against. Most people accept their tax liability and go with it,” said Jeff Badu, a tax professional in Chicago, Illinois.
Badu has ways to help minimize tax liability on many individuals and businesses. Certain people he has managed to get their liability down by as much as $100,000.00. This is a significant amount, and best of all, it is 100 percent legal and legitimate to do.
Jeff Badu, owner of Badu Tax Services LLC, recalls one such situation where a client was struggling to meet his tax liabilities for the fiscal year: “The client had exhausted all of his avenues and turned to us for assistance. Me and my team of professionals for accounting services in Chicago, Illinois, we were able to reduce the client’s tax burden by $100,000.00 – a significant amount.”
“I met with the client after reviewing all of his tax documents and information. I looked into several different possibilities available to the client. One was a deferred compensation plan where the client would have a lower tax liability because of installed payments versus a single lump sum. The client and I have an ongoing professional relationship with this particular project being on the forefront of our overall plan,” said Jeff Badu, professional business tax consultant in Chicago, Illinois.
Jeff Badu notes that the opportunity for an amount this large is somewhat limited, but this does not mean he cannot help reduce tax liability. His tax preparation service covers much of Chicago with clients coming from any number of different walks of life.
“Every client has an individual tax liability. I cannot guarantee $100,000.00 for everyone, but I will work to get the tax liability as low as I possibly can,” said Badu.
Badu Tax Services helps Chicago citizens and businesses with all their accounting needs. For individuals with a fairly simple tax situation or business owners that require more in-depth analysis or business tax preparation, Badu Tax Services helps maximize tax savings and minimize tax liability. The firm’s mission is to help you maximize financial security while offering tax preparation services in Chicago to individuals and businesses.
Learn how to limit tax liability at www.badutaxservices.com.
Things to do in Chicago – Part 9
Grant Park
Things to do in Chicago – Part 8
Museum of Science and Industry, Chicago