Reliance Accounting & Tax Services
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We provide full-service accounting and bookkeeping solutions for small and medium size businesses. Rely on us for your accounting needs! We're dedicated to our clients. From the simplest individual returns to the most complex business returns, we handle them all. Whether you have one employee or hundreds, we offer tailored payroll solutions to fit your needs; from basic payroll processing, to filing payroll taxes and generating tax documents for employees; we have you covered.
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We are a small, local firm providing accounting, bookkeeping, payroll, and tax solutions for individuals and businesses in the Fox Valley and surrounding communities.
Being a small firm, we are able to provide personal service to each customer and are driven by our core values of honesty, integrity, and fairness.
It is the mission of Reliance Accounting and Tax Services to provide honest assessments of each client's unique situations and operate fairly through transparent pricing, treating people with dignity and respect, and promoting opportunities that allow us to give back to the community.
From simple individual returns to complex business returns, we are your solution for income tax preparation and filing!
We offer flat rate pricing, so you know exactly what to expect and we are happy to walk through your unique tax situation with you so that you understand what is happening and what you can expect when it comes time to pay your taxes or receive a refund.
We are happy to work with a variety of people- from the simplest of tax returns to tax situations that are much more complex and everything in between!
No guidance has been issued regarding whether states will follow suit and extend their deadlines as well.
While the bill contains many items, it specifically addresses several tax-related items that impact 2020 tax returns.
Two of the most pressing items are that the first $10,200 of unemployment compensation received in 2020 will be treated as nontaxable income.
While married couples filing a joint return may exclude up to $20,400 of unemployment compensation in total, the $10,200 limit will still apply for each spouse.
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