Lisa Levinson | Dec 3, 2024 | Uncategorized
It’s never too early to start thinking about planning for next year’s tax season. It will be here before you know it. Here is a copy of the 2024-2025 Tax Planning Guide. 2024-2025 Tax Planning GuideDownload
Lisa Levinson | Dec 2, 2024 | Uncategorized
By now, you might have heard that the final group of Illinois Small Businesses (5+ employees) has been notified by the State of Illinois, that they are required to sponsor a retirement plan for their employees. We wanted to communicate to you the pertinent details of...
Lisa Levinson | Dec 2, 2024 | Uncategorized
If you own more than 2% of an S-Corp, it’s important that your health insurance premiums be correctly reported tothe IRS. The health insurance premiums should be included as taxable wages that are included in your W-2. [Box 1 (Wages) of Form W-2]. By adding the health...
Lisa Levinson | Dec 2, 2024 | Uncategorized
With the arrival of the holiday season, we are thankful for the abundance that we have and want to help those around not as fortunate. Especially the children. This year, LLG is hosting a Holiday Drive for a local organization called Cradles to Crayons Chicago. Their...