DuSable Black History Museum and Education Center
Things to do in Chicago – Part 85
DuSable Bridge
Leading Tax Preparation Company in Chicago, IL, Goes Nationwide
The days of needing to gather up and carry a significant amount of tax paperwork to the CPA are long gone. It is no longer necessary to make an appointment or special trip to the CPA. Jeff Badu has this covered.
Jeff Badu is a leading CPA in Chicago, IL. He recently expanded his services outside of Chicago and Illinois to all 50 states.
“I am so pleased to be able to help clients from across the country. It does not matter if you are in a rural area of Alaska, on the beach in Hawaii or down the street from me here in Chicago. You can do anything you need to do from your home,” said Badu about his accounting services in Chicago, Illinois.
Badu has a secure server for all clients and a dedicated team who downloads, separates and files for each client. Badu and his team then can work to help maximize tax returns or minimize the tax owed.
Badu’s 50 state certification means that he understands all of the subtle nuances of each individual state as well as some cities who have their own tax requirements. Of course, Badu and his team are quite familiar with taxation on the federal level.
Jeff Badu is a CPA offering high quality accounting services in Chicago, Illinois and across the entire country. His team is always ready and able to help anyone with accounting, business and tax services. Learn more at the website. Visit badutaxservices.com, or email at media@badutaxservices.com.
Things to do in Chicago – Part 84
Medieval Torture Museum
Top Tax Professional In Chicago, IL, Shares Insights On Credit Card Debt Crisis Across Generations
The credit card is a tool most people cannot live without. The ease of getting a card coupled with the ease of its use means many people sign up for them willinginly but forget the most important part of having a credit card.
“The bill comes due, and many people struggle to make even the smallest payment. This means carrying a balance, which will take years to pay off at the smallest amount,” said Jeff Badu, a tax accountant working in Chicago Illinois.
Badu notes in particular the amount of debt each generation carries. Generation X currently has the largest amount followed closely by the baby boomers. What is more troubling, however, is younger generations are closing the gap of debt.
Younger generations are increasing their credit card debt faster than any other generation. There are likely a few reasons for this, including the pandemic and the job market.
Badu’s accounting services in Chicago, Illinois, also cover fiscal planning. He can help credit card holders with their debt and provide real solutions. Many times, people are able to manage finances well enough they can cut their credit card debt significantly.
Jeff Badu is a certified public accountant offering tax preparation services in Chicago, Illinois. His website offers additional information for interested clients. Visit www.badutaxservices.com to learn more or to schedule a consultation.
Things to do in Chicago – Part 83
Wrigley Square
Chicago, IL, Tax Professional Shares Thoughts On Credit Card Balances For Younger And Older Generations
Credit cards and debt usually go hand in hand. Many people cannot survive without a credit card and drive up the balance to enormous amounts in the process.
Jeff Badu is a tax professional working and living in Chicago, Illinois. He recently posted a rather alarming blog post on his Broadridge Advisor page. He noted the balance growth of a credit card holder is growing faster for newer generations than for the older ones.
Generation X still carries the largest amount of debt as a whole, but the younger generations amounts are catching up and quickly. The overdependence on credit could prove difficult or disastrous in the future.
“There are likely some good reasons for this,” said Badu, “the pandemic certainly had a hand in it, as has the recession. The numbers are still worth considering and planning on what to do about the debt is even more important.”
As a professional CPA in Chicago, Illinois, Badu offers a variety of solutions for debt, including credit card debt. His extensive knowledge of the tax code helps people maximize their returns and minimize tax debt. He also offers fiscal planning strategies to help people manage debt.
Jeff Badu is a certified public accountant offering tax preparation services in Chicago, Illinois. His website offers additional information for interested clients. Visit www.badutaxservices.com to learn more or to schedule a consultation.
Things to do in Chicago – Part 82
Lurie Garden
Leading Tax Accountant of Chicago, IL, Shares Key Retirement and Tax Numbers For 2023
Tax law and liabilities change annually, and 2023 is no different. The IRS has released new cost-of-living adjustments. Badu’s fiscal advisement blog covers a few of the new changes.
“Each of these changes can have real effect on a tax liability. Be sure to contact my office if you have an interest in learning more about these changes,” said Badu.
The first of the big changes is on estate and gift taxes. The tax exclusions have gone up this year for tax filers.
The second of the biggest changes is in itemized deductions and standard deductions. Both have risen for the coming year. Standard deductions for the blind and those over 65 have also gone up. However, certain rules are still applicable for anyone who can be claimed as a dependent.
Badu offers accounting services in Chicago, Illinois. His extensive work and understanding of the tax code at federal, state and local levels gives him an understanding that saves money and limits tax liabilities.
“If you are looking for someone to file your 2022 income taxes, do contact me. My team and I are always willing to take on new clients. We handle all of your tax services here in Chicago IL,” continued Badu.
Jeff Badu is a certified public accountant offering tax preparation services in Chicago, Illinois. His website offers additional information for interested clients. Visit www.badutaxservices.com to learn more or to schedule a consultation.
Things to do in Chicago – Part 81
Willis Tower
Badu Tax Services 