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222 W Adams St, Suite 2250, Chicago, IL 60606
30 S. Wacker, 22nd Floor, Chicago, IL 60606
Business Tax Lawyers | Serving Bolingbrook, IL
70 W. Madison Street, Suite 2050, Chicago, IL 60602-4256
77 West Wacker Drive, Suite 4100, Chicago, IL 60601
1 Overlook Point, Suite 610, Lincolnshire, IL 60069-4319
200 N. LaSalle St., Suite 1550, Chicago, IL 60601
1S660 Midwest Rd, Suite 300, Oakbrook Terrace, IL 60181
7035 High Grove Blvd, Burr Ridge, IL 60527
33 N. LaSalle St., Suite 2000, Chicago, IL 60602
6020 W. Higgins, Suite C, Chicago, IL 60630-1988
1126 Oakview Dr, Wheaton, IL 60187
1200 Roosevelt Rd, #150, Glen Ellyn, IL 60137
180 N LaSalle St, Suite 3400, Chicago, IL 60601
135 S. LaSalle Street, Suite 2300, Chicago, IL 60603
321 North Clark Street, Suite 3000, Chicago, IL 60654
205 West Wacker Drive, Suite 705, Chicago, IL 60606
120 South LaSalle, Suite 1935, Chicago, IL 60603
900 N Michigan Ave, Suite 1000, Chicago, IL 60611
155 N. Wacker Drive, Suite 4300, Chicago, IL 60606
Two N. Riverside Plaza, Suite 1850, Chicago, IL 60606
311 South Wacker Drive, Suite 3000, Chicago, IL 60606
320 S Canal St, Suite 3025, Chicago, IL 60606
1 North Franklin Street, Suite 800, Chicago, IL 60606
103 N Lasalle, Ste 2100, Chicago, IL 60601
55 East Monroe Street, 37th Floor, Chicago, IL 60603-6029
Bolingbrook Business Tax Information
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Where Is My Tax Refund?
The IRS now allows you to track the status of your tax refund. In some cases it may take weeks to process and post to your account. If you feel like you deserve a refund but ended up owing taxes, you should consider talking to a tax professional or attorney about whether you have any deductions available to you that you did not take advantage of.
How Do You File for a Tax Extension?
You can file a form requesting an extension through your tax professional, tax software that you use, or on the IRS website. Any filer can request an extension, but when making the request you must estimate your tax liability and pay it, otherwise you could incur late penalties.
What Taxes Do You Owe?
Determining what taxes you owe depends on your situation. Most people owe state and federal income taxes, Social Security taxes, and Medicare taxes. However, if you own a business, your company may also owe sales and payroll taxes.
How Much Tax Do You Pay if You Are Self-Employed?
If you are self-employed, either as an independent contractor or because you own your own business, you will likely need to make quarterly filings of your estimated taxes. This will account for your income, Social Security, and Medicare taxes. If your net earnings are $400 or more, you will typically need to file an income tax return. There are situations where you may have to file even if you make less than that.