Aug 01

Brighton Windsor Moves Offices to Chicago

  • downtown

CHICAGO, IL–(August 1, 2014) – Brighton Windsor Group, LLC today announced its relocation from its Palatine offices to downtown Chicago, Illinois. Brighton Windsor Group specializes in business advisory and management consulting solutions for small and medium-sized businesses. Helping companies nationwide optimize ...

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Oct 03

Business Taxation 2013 – TOPPLING OFF THE FISCAL CLIFF

TOPPLING OFF THE FISCAL CLIFF: WHOSE TAXES RISE AND HOW MUCH? The looming fiscal cliff threatens to boost taxes by more than $500 billion in 2013 when many temporary tax provisions are scheduled to expire. Nearly 90 percent of Americans would pay more tax, primarily because the temporary cut in Social Security taxes and ...

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Oct 20

In 2012, Many Tax Benefits Increase Due to Inflation Adjustments

WASHINGTON — For tax year 2012, personal exemptions and standard deductions will rise and tax brackets will widen due to inflation, the Internal Revenue Service announced today. By law, the dollar amounts for a variety of tax provisions, affecting virtually every taxpayer, must be revised each year to keep pace with ...

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Apr 13

NSBA Survey on Small Business and Taxes

April 11, 2011 The National Small Business Association (NSBA) today released the 2011 Small Business Taxation Survey. Released one week prior to the April 18 tax deadline, this survey provides detailed insight on how America’s small-business community is being impacted by federal taxes. In short: complexity and ...

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Jan 20

Tax Code Complexity

The first problem identified in the report is the complexity of the Internal Revenue Code. At 3.8 million words, the tax code is over 11,000 single spaced pages and, reading at 300 words per minute, it would take a person almost 9 complete days to read the entire thing. The Taxpayer Advocate Service estimates that taxpayers ...

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Jan 12

Tax Cuts, Unemployment Insurance and Jobs

On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which provides vital tax relief and investments in our workers that will create jobs and accelerate economic growth. How it impacts businesses: The legislation extends a set of important tax ...

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Jan 12

What Qualifies as Deductible Business Expenses

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit. What Can I Deduct? To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. ...

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