Accounting is the language of small business. Those who know and speak it well make the most of their resources while guarding against the unexpected. Bailey Accounting & Co. masters that language for you so you can manage and invest your finances with greater precision. Our command of U.S. tax code helps you lower your liability under the law and spot the details that can protect your business from the pains of an audit.
Save more money and solve even the most complex financial issues facing small business owners today. Call us at (630) 551-8307 to begin your consultation. Bailey Accounting & Co. serves you with the tax code mastery, experience, and resources that help you gain greater control of your finances in order to turn what could be discomfort into an opportunity each year.
Because business accounting has many moving parts, it can be easy to overlook details that result in lost revenue or an IRS audit. Bailey Accounting & Co. works with you to achieve the financial management that's essential to growth.
Save more money and solve even the most complex financial issues facing small business owners today. Call us at (630) 551-8307 to begin your consultation. Bailey Accounting & Co. serves you with the tax code mastery, experience, and resources that help you gain greater control of your finances in order to turn what could be discomfort into an opportunity each year.
Because business accounting has many moving parts, it can be easy to overlook details that result in lost revenue or an IRS audit. Bailey Accounting & Co. works with you to achieve the financial management that's essential to growth.
Services
Headquartered in Yorkville, Illinois, Bailey Accounting & Co was formed by managing partner James Bailey, E.A., as a full-service tax agency for the southern Fox Valley's small-business community and individual taxpayers.
The firm supports the region's business leaders and entrepreneurs with astute skill and knowledge in tax and accounting service, QuickBooks and CFO-level assistance.
Bailey Accounting & Co is more than a distinguished resource for income tax preparation: We are long-term partner and asset for business growth and opportunity.
The firm supports the region's business leaders and entrepreneurs with astute skill and knowledge in tax and accounting service, QuickBooks and CFO-level assistance.
Bailey Accounting & Co is more than a distinguished resource for income tax preparation: We are long-term partner and asset for business growth and opportunity.
Tax and Accounting Services for Individuals in Yorkville, Oswego, Plano, Sandwich and Sugar Grove (IL).
As an individual taxpayer, you can both pay your fair amount and contain your liability to state and federal government under the law.
At Bailey Accounting & Co., we work with you to meet your obligations with the greatest possible savings within the always-changing tax code.
You work hard for your money, and you rightly deserve to keep what's yours for both the present and the future.
We support you with the knowledge and technology for smart, precise individual tax preparation and planning.
As an individual taxpayer, you can both pay your fair amount and contain your liability to state and federal government under the law.
At Bailey Accounting & Co., we work with you to meet your obligations with the greatest possible savings within the always-changing tax code.
You work hard for your money, and you rightly deserve to keep what's yours for both the present and the future.
We support you with the knowledge and technology for smart, precise individual tax preparation and planning.
Tax and Accounting Services for Businesses in Yorkville, Oswego, Plano, Sandwich and Sugar Grove (IL).
The small business owner or manager looks to grow in a specified market.
Reaching that goal depends greatly on how well financial resources are managed.
Your aim is to satisfy your tax obligations while keeping all that's afforded to you within the tax code.
Because business accounting has many moving parts, it can be easy to overlook details that result in lost revenue or an IRS audit.
Bailey Accounting & Co. works with you to achieve the financial management that's essential to growth.
The small business owner or manager looks to grow in a specified market.
Reaching that goal depends greatly on how well financial resources are managed.
Your aim is to satisfy your tax obligations while keeping all that's afforded to you within the tax code.
Because business accounting has many moving parts, it can be easy to overlook details that result in lost revenue or an IRS audit.
Bailey Accounting & Co. works with you to achieve the financial management that's essential to growth.
Whether for a business or our personal finances, we can often see taxes as something to trudge through at best.
However, although it is complex, the U.S. tax code includes ways you can save more than you thought you could in paying your fair amount.
The difference between discomfort and opportunity each year lies in having a tax advisor with a mastery of the tax code.
You and that partner will also develop a relationship that draws out the right details for shaping your tax plan.
Bailey Accounting & Co. serves you with the tax experience and resources that help you gain greater control of your finances.
However, although it is complex, the U.S. tax code includes ways you can save more than you thought you could in paying your fair amount.
The difference between discomfort and opportunity each year lies in having a tax advisor with a mastery of the tax code.
You and that partner will also develop a relationship that draws out the right details for shaping your tax plan.
Bailey Accounting & Co. serves you with the tax experience and resources that help you gain greater control of your finances.
In the US, we have a progressive tax system which means, those who make more pay proportionally more.
This is simply because they can afford to pay more.
Where this breaks down in the most painful way (in my opinion) is the phase in of taxability of social security benefits.
These tax laws require social security recipients to pay tax on their benefits based on what their other income is (eg pension).
If there's no other income then there's no tax on social security benefits.
If there is other income, then there's not only tax on that income but ALSO on the social security benefits.
This is simply because they can afford to pay more.
Where this breaks down in the most painful way (in my opinion) is the phase in of taxability of social security benefits.
These tax laws require social security recipients to pay tax on their benefits based on what their other income is (eg pension).
If there's no other income then there's no tax on social security benefits.
If there is other income, then there's not only tax on that income but ALSO on the social security benefits.
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