Blog

Chicago Taxpayers, How to Get 2021 Tax Filing Documents in Order

Chicago Taxpayers, How to Get 2021 Tax Filing Documents in Order

Before I jump into discussing tax filing documents, I hope it's okay that I spare you all of the "new year, new you" stuff.If you're anything like me, you’re being inundated with rehashed well-wishes and generic, happy-clappy "time to set some goals!!!" talk.And I...

Abdalla Alyousef’s “Help Me Remember” Holiday Prayer

Abdalla Alyousef’s “Help Me Remember” Holiday Prayer

These last couple weeks of 2021 are already a little unusual.Current events are swirling around virus policy, the big Biden "Build Back Better" Act seems to have hit a Joe-Manchin-sized brick wall, sports leagues are in an uproar around rising case numbers, and...

Bad Money Habits Keeping Chicago People in Debt

Bad Money Habits Keeping Chicago People in Debt

Today’s topic (bad money habits) calls for a little bluntness… a bit risky, I know, but necessaryfor any Chicago person finding themselves in debt to the IRS.And I’ll give a caveat here and say that what I’m talking about today has nothing to do with people in truly...

Abdalla Alyousef’s Strategies for Fighting Inflation

Abdalla Alyousef’s Strategies for Fighting Inflation

If you’ve been in a Chicago store lately or visited your local gas pump, you’ve probably noticed some price fluctuations – up and up and up. Every visit, it seems.Inflation is here, and it doesn’t seem to be going anywhere. So, we all have to figure out how to fight...

Abdalla Alyousef on Year End Tax Strategies

Abdalla Alyousef on Year End Tax Strategies

I'm going to go further than I did last week and offer you some tangible things you can do NOW.And look ... probably taxes aren’t the first thing on your mind now that the holiday lights are flickering. After all, it’s a happy season for every Chicago resident,...

Infrastructure Act Tax Implications for Chicago Taxpayers

Infrastructure Act Tax Implications for Chicago Taxpayers

I don’t know about you, but I'm still over here digesting leftovers from last week’s festivities -- as well as the passage of that trillion dollar infrastructure act in Washington (more on that in a minute). But as November turns into December, I realize (and you...

The Difficulty (and the Power) of Thanksgiving

The Difficulty (and the Power) of Thanksgiving

Perhaps it's because of the craziness of the past year and a half, maybe it’s the local Chicago the weather ... but for some reason, the holiday season has caught us off guard over here at EZ Tax and Accounting Service, Inc.. Wasn’t it just the end of summer the other...

Real Estate BRRRR Strategy Pros and Cons for Chicago Investors

Real Estate BRRRR Strategy Pros and Cons for Chicago Investors

Before I discuss the real estate BRRRR strategy, let’s talk about a current pressing topic that’s going to fuel investment talk. With numbers released last week, one thing is very obvious: inflation is here, and it is a problem for most Chicago taxpayers.At least for...

Abdalla Alyousef’s Take on Paying Off Your Mortgage Early

Abdalla Alyousef’s Take on Paying Off Your Mortgage Early

We are for sure seeing a "turn signal" of sorts around here as 2022 barrels its way onto the horizon.How about you? Are you beginning to start thinking about next year? The turn of the seasons means a lot of different things to many people, but it seems just yesterday...