IRS audits of higher income taxpayers increase The IRS audited one in eight individuals with incomes over $1
million in fiscal year (FY) 2011. While the overall audit coverage
rate for individuals remained steady at just over one percent, the
a...
Tax gap grows to $450 billion; compliance rate holds steady The "gross tax gap," or the amount of tax owed to the U.S.
government that is not paid on time, climbed from $345 billion in
Tax Year (TY) 2001 to $450 billion in TY 2006, the IRS has
reported. (Be...
CA - Independent contractor withholding webinar announced The California Franchise Tax Board (FTB) is holding a free webinar
on December 20, 2011, at 10 a.m. PST, for those who must withhold
personal income tax on California source income...
IN - Extension guidance updated The Indiana Department of Revenue has released an updated personal
income tax information bulletin that outlines the procedures for
obtaining an extension of time to file. Specific...
MT - Tax certificate regulation adopted The Montana Department of Revenue has adopted a regulation that
explains various types of tax certificates issued at the request of
different legal entities to a domestic corporati...
NE - Department reminds taxpayers of form due dates, e-filing The Nebraska Department of Revenue is reminding taxpayers that
copies of 2011 state income tax Forms W-2, W-2G, 1099-MISC, and
1099-R and the Nebraska reconciliation Form W-3N are ...
NY - Application for award of administrative costs denied A taxpayer was not entitled to an award of administrative costs
under Tax Law §3030 with regard to a New York sales and use
tax settlement, even though the taxpayer established tha...
OR - No good cause for representative’s failure to appear Regarding a taxpayer’s Oregon personal income tax appeal,
good cause did not exist for the failure by her representative to
either attend a case management conference or expl...
The success of Levin and Levy, LLP is established upon our single-minded purpose of helping clients achieve their business and personal financial objectives; thus, serving them in becoming lucrative. We strive to be a part of our clients' team. Our clients choose Levin and Levy because of our experience and technical expertise as accountants as well as business and financial advisors. However, our clients quickly come to appreciate rather more: a genuine commitment on our part to help them achieve the goals they've set for their company and themselves. We believe that makes sound business sense.
-Stuart Levin and Edward Levy
Our CPA firm is located in Northbrook Illinois (a northern suburb of Chicago).
We offer many services that can help your Chicagoland business including:
Computer consulting
Payroll services
Bookkeeping (manual and computerized)
We are an authorized Peachtree® and Quickbooks® dealer
We are authorized Peachtree® and Quickbooks® instructors
