Padgett Business Services of Barrington IL

Raise your hand if you’ve been up at night from worrying about your business. Us too! Welcome to Padgett, the local tax & accounting service in Barrington, IL.

[Padgett Business Services of Barrington IL @Padgett_IL]

Now's the time to start planning for next year!

Reach out to the Padgett team to get started!
https://t.co/lteOluGHBf

[Padgett Business Services of Barrington IL @Padgett_IL]

Fun fact: the #IRS has reported that the average refund so far in 2022 is $3,401! It sounds like fun to get a few thousand dollars back, but have you ever wondered if a #taxrefund is actually a good thing? Read our latest blog to explore the pros and cons: https://t.co/IyoQhtYuKy

[Padgett Business Services of Barrington IL @Padgett_IL]

Sweet tooth? 🍬 Illinois adds an extra 5% tax to candy-but only if it doesn't contain flour!

See other wacky state taxes that exist: https://t.co/vjBFVRDQSW

[Padgett Business Services of Barrington IL @Padgett_IL]

Curious about the status of your return? Use the handy #WheresMyRefund page to track the status of your #Illinois return: https://t.co/VnZKjx0Ow3

#taxrefund #taxes

[Padgett Business Services of Barrington IL @Padgett_IL]

For real estate owners and professionals, the IL Property Tax Credit can be a great way to help lower your tax bill. Because tax credits lower your final tax bill on a dollar-for-dollar basis, even seemingly small credits are extremely valuable.

https://t.co/MExSiIw3Sc

[Padgett Business Services of Barrington IL @Padgett_IL]

Is the total of your itemized deductions more than the standard deduction ($12,550 for singles or $25,100 for those married filing jointly)? You may be able to deduct this amount from your federal tax liability!

https://t.co/MExSiIw3Sc
#taxtips #padgett #ILtax #northshore

[Padgett Business Services of Barrington IL @Padgett_IL]

A bill that would allow the IDR to accept crypto payments as easily as it accepts credit card transactions has moved forward to the state Senate. Are you ready to pay in crypto 👍 or 👎?
https://t.co/ma3A1BHD6f
via @blockworks

#crypto #cryptocurrency #investor #cpa #illinoiscpa

[Padgett Business Services of Barrington IL @Padgett_IL]

If you have a #smallbusiness, one of the most important choices you'll make is the type of legal organization you select for your company.

Check out our guide for an introduction to some of the most common entity types: https://t.co/gTh9FQUAFM

[Padgett Business Services of Barrington IL @Padgett_IL]

When it comes to filing taxes, working a #sidehustle could add a layer of complexity to the mix. If this year's tax return is your 1st to include side hustle earnings, here are 3 key points to keep in mind!

https://t.co/cpFXnr66jP @FoxBusiness
#personalfinance #gigeconomy #taxes

[Padgett Business Services of Barrington IL @Padgett_IL]

It may sound scary to be audited when you see it dramatized on TV or in movies, but most often audits result from innocent mistakes & are dealt with by mail.

But it may still be a hassle you want to avoid. These tips will help: https://t.co/0eEuKAuoxS
@USATODAY #tax #irs #audit

[Padgett Business Services of Barrington IL @Padgett_IL]

Here's what you need to know when it comes to #taxes and your #crypto investments! https://t.co/1xDBfNmrZe

#cryptocurrency #bitcoin #taxseason

[Padgett Business Services of Barrington IL @Padgett_IL]

The deadline for filing federal #taxes for most taxpayers will be Monday, April 18. That's a month away! ⏱️

We're here to answer all of your questions about #stimulus payments, #childtaxcredits, and more! Send us a message to get started: https://t.co/Pz6nJjLdud

[Padgett Business Services of Barrington IL @Padgett_IL]

As a result of the tornados that affected much of the state last year, the #Illinois State returns & payment due dates have been extended to May 16 for those affected.

Reach out to see if this applies to you: https://t.co/CHNrM3wARb
#taxextension #tax #accounting #smallbusiness

[Padgett Business Services of Barrington IL @Padgett_IL]

Many of us expect to file our #taxes between February and April each year, but what are you doing the rest of the year to put yourself in the most advantageous tax situation possible?

See tips for #taxplanning throughout the year: https://t.co/vUkCNgXGoU
via @Forbes

[Padgett Business Services of Barrington IL @Padgett_IL]

Our expert team gives you the guidance to make the big decisions for your business.

Are you ready to expand and grow your business in 2022?
Reach out to connect 224-386-0707

https://t.co/5H4qQhLe8L

#chicagobusiness #entrepreneur #chicagoentrepreneurs

[Padgett Business Services of Barrington IL @Padgett_IL]

Our professional team can assist you with
☑️ Invoicing
☑️ Receipts
☑️ Bank feeds
☑️ Integrated applications

Reach out to connect with our team https://t.co/pZg0vmkq6w

#business #taxes #chicagoentrepreneur #accountingservices #businessowner #finance #illinoisstartup #illinois

[Padgett Business Services of Barrington IL @Padgett_IL]

Tax season has just begun, but it’s not too early to start thinking about your refund!

There are several things you can do to help ensure your refund is received quickly!

Check out our website at https://t.co/N9Oy6y9jnY.

#taxrefund #barrington #padgett #illinoiscpa #cpa

[Padgett Business Services of Barrington IL @Padgett_IL]

Applied for the second round of PPP loans? Read for more!

The SBA did taxpayers a huge favor by creating a website that allows borrowers to directly apply for forgiveness with their lender. Shown below:

https://t.co/zf6nmnZB9S

#accounting #illinois #barrington #chicagocpa

[Padgett Business Services of Barrington IL @Padgett_IL]

Payroll can be a large stressor when you are running your #smallbusiness.

Let Padgett Barrington handle the heavy lift of payroll, allowing you to pursue the business you are passionate about.

https://t.co/XUx7PWyGkd

#padgett #businesservices #illinoiscpa #illinoisbusiness

[Padgett Business Services of Barrington IL @Padgett_IL]

Did you know that most small business owners spend up to 120 hours every year on bookkeeping alone.

That’s time you could spend serving your customers and growing your business!

Reach out for more info https://t.co/EbjFs8jrv2

#taxservices #bookkeping #smallbusinessbookkeeping