Illinois Certified Public Accountants and financial advisors serving the Northwest Suburbs of Chicago.  Our CPA and advisory firm is conveniently located in Arlington Heights, Illinois.

At RJ Simon, LLC and RJS Financial Management, Ltd., we understand the time, effort, and energy you put into your business and personal financial matters.  We have put the same heart and soul into our clients' endeavors for over 20 years. RJS understands the needs of individuals, trusts and estates, non-profit organizations, and privately-owned, small to medium sized businesses.  Our goal is to provide a personal approach to your professional service needs.  We listen to your objectives and design our services to pursue them with professional care and concern. Our most recent peer review reports demonstrate our commitment to quality service and attention to detail.

We develop lasting relationships with our clients in order to understand their short and long-term goals, clearly define responsibilities, and help them to control their financial futures.

Integrating tax expertise and financial services gives us unique insight into your financial world and allows us to provide a comprehensive approach that simplifies your life.

Whether you have personal tax and financial needs or your business requires expert accounting, assurance, or corporate tax services we are here to help you feel confident about your ability to handle what lies ahead.

Tax and Investment Updates

IR-2021-59, March 17, 2021

WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. This relief does not apply to estimated tax payments that are due on April 15, 2021. These payments are still due on April 15.

Individual Income Tax Season Extended to May 17

ILLINOIS - Gov. Pritzker announced today that his administration is extending the individual income tax filing and payment deadline from April 15 to May 17. The Illinois Department of Revenue (IDOR) will continue to process tax refunds for those filing ahead of the deadline. The filing extension does not apply to estimated tax payments that are due on April 15, 2021. These payments are still due on April 15 and can be based on either 100% of estimated or 90% of actual liability for 2021, or 100% of actual liabilities for 2019 or 2020.

 

CIM Commentary - Speculative Trading Volatility

CIM Commentary - First Fed Meeting 2021

2020 SECURE Act and Tax Extenders

Congress made changes that will affect most people saving for retirement as well as those currently in retirement or planning to retire.  This document summarizes those changes and other tax law changes impacting the upcoming filing season.