Evenhouse & Co., P.C.

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  • What We Do
  • Who We Are
  • Resources
    • Resources Library
    • Advantage Magazine
    • QuickReads
    • eBooks
    • Forms, Documents & Links
    • Refund Tracker
    • Blog
  • Careers
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Downtown area

Tap into the 20% rehabilitation tax credit for business space improvements

If your business occupies a large space and you’re planning to relocate, expand or renovate in the future, consider the potential benefits of the reha...

Read more about Tap into the 20% rehabilitation tax credit for business space improvements ➞
A birthday cake with candles.

Milestone moments: How age affects certain tax provisions

They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you differently b...

Read more about Milestone moments: How age affects certain tax provisions ➞
A business man at a desk using a laptop and his mobile phone.

Handle with care: Upgrading your company’s accounting software

What’s the most important type of software for your business? Your first thought may be whatever system you rely on most to produce or sell your compa...

Read more about Handle with care: Upgrading your company’s accounting software ➞
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Is college financial aid taxable? A crash course for families

College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–...

Read more about Is college financial aid taxable? A crash course for families ➞
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DOs and DON’Ts to help protect your business expense deductions

If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...

Read more about DOs and DON’Ts to help protect your business expense deductions ➞
Business professionals at a desk with an open laptop.

Run a more agile company with cross-training

Agility is key in today’s economy, where uncertainty reigns and businesses must be ready for anything. Highly skilled employees play a huge role in yo...

Read more about Run a more agile company with cross-training ➞
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Are you missing a valuable tax deduction for Medicare premiums?

If you’re age 65 or older and enrolled in basic Medicare insurance, you may need to pay additional premiums to receive more comprehensive coverage.

Read more about Are you missing a valuable tax deduction for Medicare premiums? ➞
A man in a suit, sitting at a desk with his feet resting on it and a faucet behind him with money coming out of it.

Business owners can rest easier with sound cash flow management

Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover payr...

Read more about Business owners can rest easier with sound cash flow management ➞
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The One, Big, Beautiful Bill could change the deductibility of R&E expenses

he treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on...

Read more about The One, Big, Beautiful Bill could change the deductibility of R&E expenses ➞
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5 tax breaks on the table: What business owners should know about the latest proposals

A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks...

Read more about 5 tax breaks on the table: What business owners should know about the latest proposals ➞
A man in a suit looking at a mountain path and a main in a suit holding a brief case looking through a telescope.

Mission and vision statements help businesses rise above the din

Many of today’s businesses operate in a cacophonous marketplace. Everyone is out blasting emails, pushing notifications and proclaiming their presence...

Read more about Mission and vision statements help businesses rise above the din ➞
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The advantages of a living trust for your estate plan

Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99 million per individual or $27...

Read more about The advantages of a living trust for your estate plan ➞
A woman on an airplane with an open laptop and mobile phone in her hand.

Planning a summer business trip? Turn travel into tax deductions

If you or your employees are heading out of town for business this summer, it’s important to understand what travel expenses can be deducted under cur...

Read more about Planning a summer business trip? Turn travel into tax deductions ➞
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Family business focus: Addressing estate and succession planning

The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets...

Read more about Family business focus: Addressing estate and succession planning ➞
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How working in the gig economy affects your taxes

The gig economy offers flexibility, autonomy and a way to earn income, but it also comes with tax obligations that can catch many workers off guard.

Read more about How working in the gig economy affects your taxes ➞
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Contact Us

Oakbrook Terrace Office

1S660 Midwest Rd., Suite 250
Oakbrook Terrace, IL 60181

p:  (630) 832-3225

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