Different types of business structures in Illinois: Sole Proprietor, Partnership, C Corp, S Corp, LLC At MCK CPAs & Advisors, we often help clients determine the best business structure for their needs. In Illinois, there are several options to consider, including...
Maximizing Charitable Contributions Giving to charities is a great way to support causes and organizations you believe in but those contributions also have the added benefit of tax benefits at the end of the year. You can help make an impact in your community while...
5 Ways to Reduce Your Tax Burden Tax season will be here before you know it and the last thing anyone wants is a bill that is larger than expected or a refund that is smaller than they had hoped. In this blog, we will outline some tips on how you can make small...
Are Your Finances a Mess? These bookkeeping basics can help you get organized. As a small business owner, making sure your books are in order is one of the most important things you can do to make sure your business is on the right track. While going through your...
Considerations for accounting for your agribusiness Agriculture is unlike any other business and finding a knowledgeable accounting firm can help your agribusiness operation. If you’re only utilizing a tax accountant once per year for your operation, know that a...
What’s the difference between an audit and a review? An audit and a review have similarities, but they are different types of assurance engagements. “An assurance engagement” is an engagement in which a practitioner obtains sufficient appropriate evidence in order to...
