Could You End Up Paying More for Utilities?

New taxes and new laws regarding taxation are being invented all the time, and a proposed new tax could have Lake Zurich residents paying more for utilities than ever before. Currently, trustees are voting on whether or not to allow a 5% utility tax on gas and electricity services. If passed, the tax could potentially generate an increase of $1.2 million in revenue and could cost Lake Zurich taxpayers an additional $50 per year.   

Even if you don’t live in Lake Zurich, the decision could potentially affect you. If the tax is passed and is successful in Lake Zurich, it could possibly spread to other areas as well.

With the ever changing nature of taxation, it is imperative that you stay informed and that you keep all of your finances in order, whether they be business finances or personal finances. The right bookkeeping firm can help you to do just that; for bookkeeping and general financial services in Naperville, contact Susan S. Lewis, Ltd.

Related articles

• 6 Costs That Await New Homeowners (quicken.intuit.com)

Bookkeeping Isn’t on the Up and Up at the Pentagon

When you think of the Pentagon, you probably think of it as a place where everything is done according to strict rules and regulations, but unfortunately, that’s not the case. A recent investigation performed by Reuters reveals that the Department of Defense hasn’t reported on how it spends its money from Congress for decades. What’s more is that the report revealed that bookkeeping fraud runs rampant at the Pentagon and that billions of taxpayer dollars have been wasted without Pentagon officials facing any consequences.

Fortunately, this problem should be under control soon; Congress recently adopted new laws under which the Defense Department must submit partial audits each year.  It’s likely that some problems will still exist within the walls of the Pentagon, but hopefully these new requirements will encourage employees to clean up their acts.

If bookkeeping fraud happens even at the Pentagon, you can see how very difficult it is to find a bookkeeper you can truly trust. Fortunately, though, Naperville residents don’t have to look far for reliable bookkeepers; they just have to look to Susan S. Lewis, Ltd.

Related articles

• Fudged Pentagon Accounts Hide Wasted Billions (newser.com)

South Loop CPA LLC Launches Online Bookkeeping Service

South Loop CPA LLC, based in Chicago, recently announced that it has created a new online bookkeeping service. There’s a catch, though; this new service isn’t available to just anyone. No, the new online service is available strictly for businesses that bring in anywhere from $1 million to $5 million in revenue each year.

Why, you may be wondering, would the online bookkeeping service only be available to businesses within this earnings bracket? Well, according to the founder of South Loop CPA LLC, these businesses have different needs than other businesses. Namely, the founder says, these businesses tend to deal with a large number of transactions and need an easy way to catalog financial documents, keep track of accounts receivable and payable, and create and send out a large number of statements.

No matter how much your business earns, know that there is an excellent accounting and bookkeeping solution for you right here in Naperville: Susan S. Lewis, Ltd., and, as is the case with South Loop CPA LLC, you’ll even be able to manage certain aspects of your account online.

Related articles

• GoDaddy Buys Ronin, Integrates Company in Online Bookkeeping Service (news.softpedia.com)