Our office is open Monday - Friday 10 AM to 6 PM. Saturdays meetings are by-appointment-only and the front desk is not staffed.

We strongly encourage clients to submit tax documents using our online form above, as this streamlines our data entry process. Documents provided in-person require additional processing and will result in delays.

[1] You will receive a confirmation e-mail and SMS when we receive your tax documents

[2] If you selected ‘Standard’ or ‘Full’ service, we’ll review and reach out via e-mail and SMS to schedule your appointment

[3] If you selected ‘Express’ service you will receive an email with a tax summary PDF attachment and a video explaining the numbers. You will confirm your contact information and reply ‘Accept’

[4] We will send you an invoice via e-mail - once paid, we will send you your e-signature authorization via email.

[5] We will send you an e-mail confirmation when your e-filing is accepted by the IRS

[6] We will send you a questionnaire to prepare for your complementary financial review (see below for details)

Every tier of service now includes a complimentary financial planning review - conducted after June 1st where we’ll look at your overall financial picture and provide a simple “score card” and clear, actionable recommendations.

[1] After your tax return is completed, we’ll send you a brief online questionnaire

[2] Once we’ve reviewed your answers, we’ll prepare a PDF score card and schedule a meeting to walk through everything together and answer your questions

Individual 1040: April 15th

Submit documents to U.S. Financial Ltd. by March 20th for timely processing

Request an extension by April 1st (Click here).

S Corp (1120-S) & Partnerships (1065): March 15th

Submit documents to U.S. Financial Ltd. by February 20th for timely processing. Request an extension by March 1st (Click here).

Note: Extensions extend filing deadlines, NOT payment deadlines. See ‘Estimated Tax Payments’ below for more details.

We want you to feel confident in the accuracy of your return. If you discover an error that is the result of our work, we will correct it at no additional charge within the two week window after we deliver your tax return.

If you request revisions or new scenarios that involve changing assumptions (for example, “What if I claim X instead?” or “Can we model a different approach?”), this may be treated as additional analysis and could incur an extra fee. We will always discuss any potential charges with you in advance.

To ensure high‑quality work, we rely on the information and documents you provide to be complete and accurate. We cannot assist with or sign returns that involve knowingly false or misleading information, and we reserve the right to decline or discontinue services in those situations.

If an amendment is needed due to an error on our part, we will prepare and file the amended return at no additional charge.

If an amendment is required because of information that was omitted, incorrect, or unavailable when we prepared your original return, we will provide a case-by-case quote for the additional work involved. Amendment fees vary depending on the complexity of the changes and the forms that need to be revised.

We're always happy to discuss the scope and cost before proceeding with any amendment work.

We are pleased to offer a $100 discount on our tax preparation services for senior citizens whose primary income is from Social Security or pension, and who do not have employment or self-employment income.

In the US, we have a ‘pay as you go’ tax system. This means that if you pay tax with your tax return filing, it is likely already too late to avoid interest.

When you are an employee, the employer withholds estimated taxes for you from each paycheck and sends them to the relevant governments. If you are self-employed or you expect to owe the IRS or state at the end of the year you are generally subject to pre-paying estimated tax.

To avoid underpayment penalties (interest), understand the IRS estimated tax rules:

[1] Pay your estimated tax evenly throughout the year, on a quarterly basis.

[2] Pay either 90% of your current year’s tax liability or 110% of your prior year’s tax liability, whichever is lower. 

[3] If your income varies, use the annualized income installment method to adjust payments accordingly.

To avoid penalties and interest, make sure you make your payments on the following schedule: April 15th, June 15th, October 15th, and January 15th. If you miss a payment, you can double-up payments to catch up as the early payment cancels out the late payment.

To make an online payment … for IRS and Illinois Department of Revenue you can either setup an account or make a one-time payment … please note, “Estimated Payment” always refers to the current year to pre-pay your tax and “Balance Due” always refers to the previous year to pay what you owe after your tax return is processed.

[1] IRS – One-time Payment (No Account)

·        www.irs.gov

·        Select the “Pay” tab at the top of the page

·        Click on “Bank Account (Direct Pay)

·        Click on “Make a Payment”

·        Reason for Payment: Estimated Tax or Balance Due

·        Apply Payment to: 1040ES for Estimated Payment or 1040 for Balance Due

·        Tax Period: current year (Estimated Pmt) or previous year (Balance Due)

·        Select any tax year for verification

·        Enter the Filing Status (Single/Married/Widow/etc)

·        Enter the name, SSN, and address as it appears on the tax return

·        Enter payment amount and banking information

·        Make sure to enter email for confirmation

[2] IRS – Setup an Account

·        www.irs.gov

·        Select the “Pay” tab at the top of the page

·        Click “Your Online Account”

·        Click “Sign in to your Online Account”

·        Click “Create a new account” (ID.me)

·        From here, it will take roughly 15 minutes to verify your identity with Id.me … this is a third-party company not connected to the IRS. It may take some time, but it is worth it to have access to all of your payments and tax return transcript history. They may ask you for personal information, or send you multiple SMS codes for verification. They may also ask you to take a picture of your driver’s license and your face to verify the identity that way. If that doesn’t work, they may ask you to do a video chat with one of the Id.me customer service agents. 

·        To make a payment, click on the “Payments” tab at the top

·        Scroll down and click “Make a Payment”

·        Payment method (either bank account or credit card – credit card payment is on another website and may be subject to additional fees)

·        Select Your Payment: Estimated Tax or Balance Due

·        Tax year should be the current year

·        Enter payment amount

·        Enter banking information and submit

[3] Illinois – One-time Payment (No Account)

·        www.mytax.illinois.gov

·        Scroll down to find “Individuals” box

·        Click on the second option “Make an IL-1040, IL-1040-ES, or IL-505-I payment”

·        First, click the link “Look up my IL-PIN”

·        Enter SSN, and Driver’s License number

·        Write down or copy/paste the pin number

·        Return to previous page and enter Tax ID (SSN), IL-PIN, name and phone number

·        “Payment Type” choose “IL-1040 Estimated Payment” or “IL-1040 Payment”

·        Select which quarter (Q1 4/15, Q2 7/15, Q3 10/15, Q4 1/15)

·        Enter banking information

·        Enter payment amount twice

·        Make sure to print or save confirmation

[4] Illinois – Setup an Account

·        www.mytax.illinois.gov

·        Scroll down to find “Individuals” box

·        Click on the third option “Request a Letter ID”

·        Enter SSN or ITIN and click submit

·        Wait for letter in the mail with the Letter ID

·        Return to www.mytax.illinois.gov

·        Click “Sign Up” under username/password

·        Follow instructions to setup account

·        Login à Under “Individual Income Tax” select “View more account options”

·        Click “View account periods”

·        Click on tax year for your payment à Click “Make a Payment”

·        Click “Bank Account Debit”

·        Select “IL-1040 Estimated Payment” or “IL-1040 Payment”

·        Add bank account information first, then enter the amount of payment twice

·        Click “Submit” and enter password again for Mytax Illinois

·        Make sure to save a copy of the payment confirmation