Delivering over 40 years of tax and accounting excellence.

Our Services

Business Accounting

A business is like a person – no two are alike. Yet, most financial service companies try to pigeonhole your business into using “boilerplate” statements. To us, you are not just some number we need to plug into our computer.

Tax Services

As a full-service public accounting firm, we can help you with your taxes no matter how complex. Our seasoned accounting staff comes from a variety of backgrounds leaving virtually no industry untouched.

Strategic Planning

Small to mid-sized business owners face many challenges. Two of those biggest challenges begin with the lack of separation of ownership from management and a failure to plan for the future.

We look forward to hearing from you

Business Resources

If you would like to request a Client Organizer to help gather tax information needed to prepare your 2017 personal income tax return, please contact our office by phone at (847) 699-7600 or simply email RGoffice@rozcpa.com or click here to be routed to our contact form.

When asking for a Client Organizer please specify which delivery method you prefer:  US mail or email.

Want to know when your estimated tax payments are due? How about when the extended due date for tax returns is? You’ve come to the right place! Here you will find the dates you need in order to meet compliance requirements.

Check back often as we will update these deadlines as the year progresses. We want to assure that you have the information you need to answer all you questions. Also, please browse our downloadable forms section for certain commonly requested forms.

To view the 2017 IRS Tax Calendar, click here.

**UPCOMING DUE DATES**

Estimated Tax Payments – Individuals
Period Covered:  4th Installment for Tax Year 2017
Date Due:  January 16, 2018

Quarterly Payroll Tax Returns
Period Covered: October – December 2017
Date Due:  January 31, 2018

Form 1099 Due to Recipients
Date Due:  January 31, 2018

W-2 Statements Due to Employees
Date Due:  January 31, 2018

Form 1096, 1099 Reporting Due to IRS
Date Due:  January 31, 2018

Form W-3 with Copy A of Forms W-2 Due to IRS
Date Due:  January 31, 2018

Form 2553 Election by Small Business Corporation Due
To Qualify for S Corporation in 2017
Date Due: March 21, 2018

Corporate Income Tax Returns – Form 1120
Period Covered:  January – December 2017
Date Due:  April 17, 2018

Corporate Income Tax Returns – Form 1120S
Period Covered:  January – December 2017
Date Due:  March 15, 2018

Individual Income Tax Returns
Period Covered:  January – December 2017
Date Due:  April 17, 2018

Partnership Income Tax Returns
Period Covered:  January – December 2017
Date Due:  March 15, 2018

Estimated Tax Payments – Individuals/Corporations
Period Covered: 1st Installment for Tax Year 2018
Date Due:  April 18, 2018

Quarterly Payroll Tax Returns
Period Covered: January – March 2017
Date Due:  April 30, 2018

Estimated Tax Payments – Individuals/Corporations
Period Covered: 2nd Installment for Tax Year 2017
Date Due:  June 15, 2018

Quarterly Payroll Tax Returns
Period Covered: April – June 2017
Date Due:  July 31, 2018

Estimated Tax Payments – Individuals/Corporations
Period Covered: 3rd Installment for Tax Year 2017
Date Due:  September 15, 2018

Corporate 1120 Income Tax Returns Under Extension Due
Period Covered:  January – December 2017
Date Due:  September 17, 2018

Corporate 1120S Income Tax Returns Under Extension Due
Period Covered:  January – December 2017
Date Due:  October 15, 2018

Partnership Income Tax Returns Under Extension Due
Period Covered:  January – December 2017
Date Due:  September 17, 2018

Individual Income Tax Returns Under Extension Due
Period Covered:  January – December 2017
Date Due:  October 15, 2018

Quarterly Payroll Tax Returns
Period Covered: July – September 2017
Date Due:  October 31, 2017

Estimated Tax Payments – Corporations
Period Covered: 4th Installment for Tax Year 2017
Date Due:  January 16, 2018

This schedule is a guide from the IRS, however, special
circumstances can alter the retention period.

1 year Retention Period

  • Bank reconciliation
  • Bank statements
  • Correspondence (routine) with customers or vendors
  • Duplicate deposit slips
  • Purchase orders (except purchasing department copy)
  • Receiving sheets’
  • Requisitions
  • Stenographer’s notebooks
  • Stockroom withdrawal forms

3 year Retention Period

  • Correspondence (general)
  • Employee personal records (after termination)
  • Employment applications
  • Insurance policies (expired)
  • Internal audit reports (in some situations longer retention periods may be desired)
  • Internal reports (miscellaneous)
  • Petty cash vouchers
  • Physical inventory tags
  • Savings bond registration records of employees

7 year Retention Period

  • Accident reports and claims (settled cases)
  • Accounts payable ledgers and schedules
  • Accounts receivable ledgers and schedules
  • Checks (cancelled but see exception in permanent section below)
  • Contracts and leases (expired)
  • Employee personnel records after termination (if a retirement plan was in effect, regardless if employee was a plan participant); (if employee was a participant in a pension plan, consult your plan advisor.)
  • Expense analysis and expense distribution schedules
  • Inventories of products, materials and supplies
  • Invoices to customers
  • Invoices from vendors
  • Notes receivable ledgers and schedules
  • Option records (expired)
  • Payroll records and summaries, including payments to pensioners
  • Plant cost ledgers
  • Purchase orders (purchasing department copy)
  • Retirement plan accounting records (to correspond with returns and reports)
  • Retirement plan returns and reports (from filing date of such returns and reports)
  • Sales records
  • Scrap and salvage records (inventories, sales, etc.)
  • Stock and bond certificates (cancelled)
  • Subsidiary ledgers
  • Time books
  • Voucher register and schedules
  • Vouchers for payments to vendors, employees. etc. (includes allowances and reimbursement of employees, officers, etc., for travel and entertainment expenses)

Permanent Retention Period

  • Audit reports of accountants
  • Capital stock and bond records; ledgers, transfer registers, stubs showing issues, record of interest coupons, options, etc.
  • Cash books
  • Charts of accounts
  • Checks(cancelled for important payments, i.e., taxes, purchases of property, special contracts, etc.)•
  • Contracts and leases still in effect
  • Correspondence (legal and important matters only)
  • Deeds, mortgages and bills of sale
  • Depreciation schedules
  • Financial statements (end-of-year, other months optional)
  • General and private ledgers (and end-of-year trial balances)
  • Insurance records, current accident reports, claims, policies, etc.
  • Journals
  • Minute books of directors and stockholders, including by-laws and charter
  • Property appraisals by outside appraisers
  • Property records including costs, depreciation reserves, end-of-year trial balances, depreciation schedules, blueprints and plans
  • Tax returns and worksheets, revenue agents’ reports and other documents relating to determination of income tax liability
  • Trade mark registrations

Here at RG, if you have questions, we have answers! Listed below are some of the most commonly asked questions that we receive. The answers are provided below each question.

General

  1. What type of services does RG offer? 
    We are a full-range accounting firm offering accounting, tax return preparation, business consulting and information technology services.
  2. How much does a new client meeting cost with one of the partners? 
    Typically the initial meeting is free of charge.
  3. What are your telephone hours during tax season? 
    8:30am – 5pm. We maintain the same hours all year long.

Tax Related

  1. How do I request a client organizer? 
    On our website under Contact Us or simply by calling Linda Perkins at (224)  612-7061.
  2. What is the minimum charge for tax returns? 
    $450 for individual income tax returns.
  3. Where can I find the Records Retention Schedule? 
    On our website here.
  4. How long do the tax planning meetings last? 
    Typically 1 hour. Please be sure to make an appointment ahead of time.
  5. How long before you complete my tax return? 
    Once we have all of your information that is needed to prepare the return, we honor a 3 week guarantee to get it back to you.
  6. Where is my refund?
    Both the IRS and State of Illinois offer a web link to this information.  The following links will take you directly to the websites. Keep in mind that you will need to have a copy of your tax return handy to answer the questions that will be asked.   For the IRS, click here.   For the Illinois Department of Revenue, click here.

Through accountability, we strive to maximize profitability for clients on a daily basis.

OFFICE LOCATION

1580 N. Northwest Hwy, Suite 120
Park Ridge, IL 60068

P. (847) 699-7600
F. (847) 299-7526

Office