Tax Services

Your ONE Source for Accounting, Legal, and Tax Needs

Bryan A. Gutraj, CPA, Attorney at Law

Tax Services

Founded in 2002, the following are the tax services offered by Gutraj Accounting and Tax Services:

Individual and Business Tax Preparation

From your simple 1040EZ, to your complicated returns with various forms of income including investment, business, farm, K-1, and real estate income, itemized deductions, Gutraj Accounting and Tax Services, is your one-stop source for all your income tax needs and questions.

Business and entity tax preparation include:

· Corporations & Partnerships

(Forms 1120, 1120S, and 1065)

· Fiduciary / Estates and Trusts

(Forms 706 and 1041

· Not for Profit (Form 990)

· Payroll Taxes

(Form 940, 941, W-2, and related state forms)

Return preparation is offered throughout the year and are prepared or reviewed by a Certified Public Accountant (CPA) to make certain your tax return is completed accurately and you claim all the deductions you are entitled to. Utilizing industry leading tax preparation software, your return will be professionally prepared and can be submitted to the IRS and state Department of Revenue electronically, or printed and mailed to the taxing authorities.

While some other firms and tax preparers try to sell you on their other services and products, Gutraj Accounting & Tax Services concentrates on tax laws and does NOT offer insurance, mutual funds, or other investment alternatives. We have developed many relationships with the top professionals in those fields, but believe our clients are better served when we focus on tax preparation and planning.

Many service firms talk about providing good service, but we are dedicated to achieving legendary service to our clients. By providing first class client service, combined with unmatched experience and innovation, we will improve all our clients’ experiences.

In order to create a truly amazing experience, we utilize state of the art computer systems and programs, are located in a grade A office complex, and provide the following benefits to our clients:

· FREE electronic filing of tax returns (when available)

· 3 business day turn-around on most returns

· Extended hours to accommodate more weekend and evening appointments

IRS Representation - Tax Defense

We provide services for individuals, corporations, partnerships and trusts regarding tax defense as well as tax planning. We not only have the experience and knowledge to counsel clients regarding the tax aspects and implications of business transactions, but also to represent clients in all levels of activities regarding the Internal Revenue Service at the federal level and Departments of Revenue and Employment Security at the state level. Our firm files offers-in-compromise, negotiates installment agreements, writes appellate protests, penalty abatement requests. We prepare federal and state income tax returns if needed by the client.

Asset Protection

Gutraj Accounting and Tax Services is on the cutting edge of this aggressive yet practical strategy for business owners, professionals and others. Most properly structured asset protection strategies are income tax neutral. They neither increase nor decrease one’s income tax burdens. However, there are certain situations where an asset protection vehicle can actually reduce estate taxes as well. Most people spend a lifetime creating wealth, but do not take the time to protect it. Gutraj Accounting and Tax Services assist clients and their other professionals by providing recommendations and advice on the income tax effects and strategies to help reduce risk exposure. Gutraj Accounting and Tax Services maintain active membership in the Offshore Institute to keep on the cutting edge of the field.

Business Entity Structuring and Transactions

The firm has experience in all forms of business enterprises, including Limited Liability Companies and Limited Liability Partnerships. We not only incorporate businesses when appropriate, but also can provide the tax planning and insight as to what is the proper type of entity. Is the entity structure sub-chapter C, sub-chapter S, partnership, trust or Limited Liability Company? Whether it is merely a business organization or a sophisticated business sales agreement, transactional documentation or drafting, Gutraj Accounting and Tax Services works with their clients to provide the necessary counseling and documentation.

Estate & Succession Plans

Dying is always a difficult subject to address, but Gutraj Accounting and Tax Services can work with you to create an estate plan and minimize the burden on your loved ones. Additionally, the firm can prepare fiduciary returns including Forms 706 and 1041.

Our firm serves as an estate planning resource to law firms, accounting firms and banking institutions for their difficult and unusual estate planning needs. Gutraj Accounting and Tax Services has the experience to analyze and plan a complex, financial inter-relation of the estate plan, the income tax consequence of business transfers, as well as valuation reductions for other specific areas. Business succession planning is an integral part of the estate planning process for closely-held business owners.

Gutraj Accounting and Tax Services believes in a team approach to serve the client’s needs. Frequently, we work with the client’s other advisors including insurance agents, financial planners, accountants and attorneys.

Retirement Plans

Gutraj Accounting and Tax Services not only works closely with actuarial and benefit firms but also plans and reviews qualifying retirement plans before the IRS as well as advising clients about non-qualified retirement plans. An integral portion of both income tax and estate tax is the usage of the proper retirement planning vehicles. Whether it is the preparation of a retirement plan income tax return, the review of an existing plan, modifications of a plan, or structuring and implementing the best plan for a firm, Gutraj Accounting and Tax Services can assist its clients.

700 N. Lake St.

Suite 205

Mundelein, IL 60060

345 N. Canal St.

Suite C202

Chicago, IL 60606

To contact us:

Phone: (877) 458-2952

Fax: (866) 411-4043

E-mail: info@iltaxlaw.com

Bryan A. Gutraj, is a licensed Certified Public Accountant and Attorney in the State of Illinois only, but works with clients throughout the United States and abroad.

IRS CIRCULAR 230 NOTICE: To ensure compliance with IRS requirements, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.