For Individuals

College Financial Planning

How Can You Pay for Your Kid to go to College, Spend and Save as You Are Now, and Increase the Amount of Money You have for Retirement?

Elder Care Financial Care

Finally… Worry Free Financial Management for Your Aging Parent or Family Member.

Estate Planning Done Right

Make Sure Your Family Transitions Prepare Your Children and Your Family for Financial Freedom.

Debunking Estate Plan Myths For Chicago Taxpayers (Part 2)

We're diving in, with sleeves rolled up, with a bunch of our Chicago area tax preparation clients in creating the best tax return possible for their 2020.Get on our list here: (773) 442-8278But here at EZ Tax and Accounting Service, Inc. we're also keeping an eye on...

How To Manage Money For Chicago Millennials

I'll tell you what... The month of May is beginning to look a lot like December. Definitely not because it's cold out there, but with so much "end of school year" stuff happening these days, from graduation parties (ranging from pre-k "graduations" all the way up...

Chicago Taxpayers: Dissipated Assets and Their Effect on IRS Debt Repayment

It’s easy for Chicago taxpayers to fall on the wrong side of tax debt when things are tough economically. But what about consistent negligence even when you have the money? Well, that’s another case altogether. And the IRS isn’t prone to playing nice or making...

Abdalla Alyousef’s Pro Tips to Negotiate with the IRS

With the tax deadline firmly in the rearview, most Chicago people are enjoying pool time and picnics, free of the tax worries of springtime. (Though perhaps not free of all the inflation and stock market pressures we’re all currently facing. Hang in there.)But that’s...

Tax Documentation Chicago Filers Should Keep and Why

Yes, it’s true, Chicago friends… the financial markets look pretty rough as I write this, on top of a pretty rough end of last week. Inflation continues to wreak havoc … and the smartypants quants in Wall Street don’t seem to have confidence that the government or the...

A Why Estate Planning Now Take by EZ Tax and Accounting Service, Inc.

Yeah, we all know that old adage about death and taxes (one with which I’m intimately familiar in my line of work).Yet so few people think to plan for either inevitability. We seem to have an obsession with avoiding them – and believe me, I get it. And I’m obviously...

Do Identity Theft Protection Plans Work? Abdalla Alyousef’s Tips for Chicago Friends

An identity is stolen every two seconds in this country.Yeap, you read that right. Every TWO seconds. Yeah… that’s a lot. That means that either you or people you know in Chicago have fallen victim to identity theft.It’s the #1 type of complaint received by the...

Trump’s Tax Returns Are Not The Real Story by Abdalla Alyousef

Like many things political, one of the best ways to look at the tempest of the day is analytical bemusement. This is (always) especially true when it comes to tax issues.And I might have a take today that could surprise you. I am not interested in getting into...

Factors Affecting Chicago Taxpayers’ 2021 Tax Refund

The world seems to be hanging on a razor's edge.There’s a lot of fear going around with Russia’s invasion of Ukraine last week. With a 24-hour news cycle, a heap of different internet sources, social media feeds, and more, it’s difficult to not give in to it all… and...

Abdalla Alyousef’s Three Simple Steps to IRS Audit Preparation

Congratulations, you’ve won the lottery!The IRS audit lottery, that is.If you’re being audited by the IRS, you’re in a very select group. Since the IRS audits less than one-quarter of one percent of all income tax returns – that’s less than 1 out of 400 – it’s a very...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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