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More About Tax Preparation
Searching for a Chicago CPA? TurboTax Live lets you connect via one-way video with experienced tax experts and CPAs who can help you file your taxes, or even do your taxes for you, from start to finish. See the articles below for more information about tax preparation services for the
GUIDE TO INCOME
4 types of tax preparers
Chicago tax filers can choose between four main types of income tax preparers: 1) CPAs (certified public accountants), 2) EAs (enrolled agents), 3) tax attorneys, and 4) non-credentialed tax professionals. The difference between them can be important. Here's brief guide to what those differences can mean
What is a tax accountant?
Some accountants specialize in the government rules, regulations, and laws regarding the preparation of income tax returns and the accurate calculation of taxes at the federal, state, and local levels. These accountants generally are known as tax accountants. They provide a wide range of services to individual taxpayers as well as businesses. These services often include preparing, signing, and filing income tax returns for their clients.
DESCRIPTION OF EAs AND CPAs
EA vs. CPA tax professionals:
what’s the difference?
Both enrolled agents and certified public accountants are tax experts, but they can specialize in different things. See the article below to learn more EAs
What is a CPA (certified
Many accountants work in the finance departments of businesses, but some offer their services directly to the public. These accounting professionals are known as certified public accountants, or CPAs. A CPA must be credentialed and licensed by the state or US territory where they offer their accounting services. The services they offer often include preparing, signing, and filing income tax returns.
What is an enrolled agent
Only a few, select tax preparers are authorized to represent their clients in tax matters before the IRS. Among these are enrolled agents, often called EAs. The IRS grants these highly credentialed tax preparers “unlimited practice rights.” This means that EAs are empowered to handle any kind of federal income tax issue—from filing tax returns and supplemental forms to defending taxpayers in audits. It also means they can represent not only individual tax filers, but also organizations
TAX DEDUCTIONS AND CREDTIS
7 best tips to lower your tax bill from TurboTax tax experts
Your tax situation is as unique as you are, but there are a few things that many tax filers can do to decrease their taxable income and increase their tax savings. Here are 7 helpful insights that our TurboTax Live tax preparation experts have identified that can help you decrease your income tax bill.
File your income taxes from the comfort of your home
Expert tax filing assistance as near as your phone
Looking for tax help from a Chicago CPA? It’s easy to connect with an experienced tax expert or CPA to file your income taxes from your home in Chicago—just use your phone or computer to access TurboTax Live. You’ll be able to speak with a tax expert or CPA from your home in the Chicago area, at your convenience, via one-way video. You’ll receive tax advice and informed answers for all your tax filing questions. A TurboTax Live tax expert or CPA can provide a final review of your tax return to ensure it’s complete and correct, so you’ll receive every dollar you’re due—guaranteed. You can even have a dedicated tax expert who’ll do your taxes for you—start to finish—with Live Full Service.
Unlimited tax advice
TurboTax Live tax experts have expertise to file your return just like a Chicago CPA. You’ll receive unlimited tax advice tailored to your particular tax situation, identifying the tax credits and deductions you can take advantage of to reduce your taxes and obtain the largest possible refund. You can even have a TurboTax Live tax expert or CPA do your taxes for you when you upgrade to Live Full Service.
Expert insight for all
With TurboTax Live, you’ll get expert advice no matter what your tax filing status may be—single, head of household, or married filing jointly. If you’re a Chicago area small business owner or self-employed contractor, you’ll receive industry-specific tax advice to take advantage of all the business deductions you’re entitled to. You can file your return with complete confidence that you have maximized your tax savings. You can even have a dedicated tax expert or CPA complete, sign, and file your taxes for you with Live Full Service.
Advice you can count on
TurboTax Live tax experts are experienced and available to Chicago tax filers. For your convenience, they are available via desktop computer, mobile phone or tablet, and through the TurboTax app—and you can switch between devices seamlessly, whenever you need to. Whether you are in Chicago or away from home, your TurboTax Live online expert is
Tax solutions tailored
Tax situations vary, and so do the levels of TurboTax Live tax solutions. Depending on your needs, you can choose between Live Basic, Deluxe, Premier, and Self-Employed. No matter which Live solution you choose, you’ll always be able to speak with experienced tax experts ready to help with your Chicago area tax needs. A dedicated tax preparer can even do your taxes for you from start to finish with Live Full Service.
All tax advice, reviews, and tax returns completed by TurboTax Live tax experts and CPAs are guaranteed to be 100% accurate. Whichever part of the Chicago area you call home—from Rogers Park to Aurora, to Joliet, or anywhere else in and around the Windy City—TurboTax Live will provide unlimited tax advice you can count on. When you upgrade to Live Full Service, a tax preparer will even do your taxes for you. Best of all, you can get started with TurboTax Live for free and pay only when your return