Best Business Tax Consultant in Chicago, IL, Discusses American Rescue Plan Act Relief For Businesses

August 24 01:52 2021

The American Rescue Plan Act of 2021 (ARPA 2021) was part of an overall plan to help people and businesses through the pandemic and provide some relief to those who suffered financially. Some of the relief included tax provisions.

Jeff Badu, a business tax consultant working in Chicago, Illinois, made sure to understand the tax portions of the plan and provide that information to his clients. Among the important tax information Badu mentioned:

  • The employee retention tax credit extended to December of this year.
  • Tax credits for emergency family leave extended to September of this year.
  • The opportunity for loan advances through the SBA are not included in taxable income.

“To the average person, this may seem minor, but small businesses need to account for every penny. These benefits can make a really nice difference in tax burdens for the 2021,” said Badu of his accounting services in Chicago, IL.

Badu Tax Services LLC works with small and medium sized businesses with their tax responsibilities. They offer an upload service to a private cloud. Clients can add any and all tax information into the cloud for Badu to review.

Tax preparation services here in Chicago, Illinois, is a very important job and one that should not be taken lightly. The IRS is very serious about taxes. Small errors can equate to large problems if not corrected,” continued Badu.

Badu Tax Services, LLC has worked exclusively in Chicago for many years. Jeff Badu, CPA, is certified in the state of Illinois and specializes in taxation for small and medium businesses. Learn more at his website. Visit www.badutaxservices.com for details.

Media Contact
Company Name: Badu Tax Services LLC
Contact Person: Jeff Badu
Email: Send Email
Phone: 773-819-5675
Address:4258 N Greenview Ave Ste 1E
City: Chicago
State: Illinois 60613
Country: United States
Website: http://badutaxservices.com


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