Services
Payroll and sales tax, filed on time
Two things that are quiet when they work and expensive when they do not. Both run on a schedule here, not on whoever remembers.
What this is
The filings that generate penalties
Payroll and sales tax are compliance work. There is no clever way to do them. They simply have to be right and on time, every period, and the penalties for missing a deadline arrive quickly and compound.
Handling them alongside the bookkeeping means the liability accounts are reconciled as part of the monthly cycle rather than discovered at year end.
What you get
Payroll processed on your schedule, weekly, fortnightly or monthly
Federal and Illinois payroll tax deposits and filings
Quarterly and annual payroll returns
W-2 and 1099 preparation and filing
Illinois sales tax returns reconciled to what you actually collected
Payroll and sales tax liability accounts reconciled monthly
Who it is for
Where it usually goes wrong
Contractors treated as employees, or the reverse
A classification decision made casually years ago that nobody has revisited, which is exactly what an audit looks for.
Sales tax collected but not reconciled
The figure on the return is whatever the system suggested, and nobody has ever checked it against what was actually taken.
Deposits missed in a busy month
One late deposit becomes a penalty, the penalty becomes a notice, and the notice arrives when you are busiest.
How it works
Scoped and priced before anything starts
The first call is free and takes about twenty minutes. Latonia looks at your file and your last filed return, then comes back with a written scope and a fixed price. You decide from there. No hourly meter, and no charge for the conversation.
Start here
Book twenty minutes
Pick a time that suits you. Bring your questions and the honest state of your books.
See available timesQuestions
About payroll and sales tax
How many employees does this suit?
Anything from one to a few dozen. Most clients here are small enough that payroll is an annoyance rather than a department, which is precisely when outsourcing it is worth the money.
Do you handle 1099 contractors?
Yes, including year-end 1099 preparation and filing. If there is any doubt about whether someone should be a contractor or an employee, that is worth raising before the year ends rather than after.
We already had a penalty. Can you help?
Yes. As an Enrolled Agent Latonia can correspond with the IRS about payroll penalties and request abatement where there are grounds. Bring the notice to the first call.
Service area
Where Farris Fair works
Based in Oakbrook Terrace and working across the western suburbs and into Chicago. Most work is done remotely, so distance rarely matters, but there is an office if you would rather sit down together.
Also offered
Other services
Get in touch
Book twenty minutes with Latonia
No charge, no pitch. Bring your questions and the state of your books.
Phone
Office
18W140 Butterfield Rd, Suite 1500
Oakbrook Terrace, IL 60181
Hours
Mon to Fri, 8am to 6pm Central
Sat, 9am to 2pm Central