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8 Most Common Tax Forms Every Taxpayer Should Know

Tax season is rolling around again, and it can be overwhelming if you’re not working with an accountant. While working with a certified and experienced tax professional is always recommended, many people successfully file their tax returns themselves. In Naperville, accounting services by Odoni Partners will help you file on time and get your maximum…

March 22, 2022
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7 Types of Tax-Free Income Sources

Tax-free income is income you receive that is not subject to income tax, such as student loans, municipal bond interests, and some capital gains. If you are looking to learn about tax-free income sources, this article is for you. At Odoni Partners LLC, we’re the leading provider of professional accounting services in Naperville, IL. In…

March 2, 2022
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Filing Taxes for a Deceased Person: Short Guide

Depending on the circumstances, filing taxes for a deceased person can be complicated and emotionally exhausting. This is why it’s important to have the right information at the beginning of your journey. If you are reading this article because you are responsible for filing taxes for a deceased loved one, our experts at Odoni Partners…

January 14, 2022
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3 Important Accounting Documents to Take Care Of

If you’re starting a small business, hiring a professional to deal with accounting documents should be one of the first things you do. If you already own a business, it’s not too late to hire an accountant to keep your business on track financially. Our licensed CPAs at Odoni Partners LLC have been the trusted…

January 3, 2022
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Top 10 Accounting Terms Every Business Owner Should Know

When you run a business, proper financial management can go a long way toward long-term financial success. Though you can always hire an accountant to help with financial and tax issues, knowing some key financial ratios and accounting terms can come in handy. Here are a few accounting terms every business owner should know. Break-Even…

November 22, 2021
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6 Key Financial Ratios Every Startup Should Monitor

The difference between the success and failure of a startup is a clear understanding of business finance. With that in mind, the Odoni Partners team compiled this list of key financial ratios for startups. Read on to learn more about startup accounting. The Key Financial Ratios for Startups Burn Rate This ratio centers on the…

October 26, 2021
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Accounting Advice for Startups: Tips on How to Get Started

You can end up dealing with a lot of complicated processes when starting a business, accounting not least among them. Handling the ins and outs of your finances can feel complex. Fortunately, expert assistance is available from Odoni Partners, LLC. Learn more about startup accounting services in Chicago by calling us at (312) 440-0960. Separate…

September 10, 2021
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Construction Accounting: A Concise Guide

Construction accounting is not the same as ordinary business accounting. It is a unique form of financial management and bookkeeping designed to help contractors keep track of each job and how the financial information involved with that job affects the whole company. What Is Construction Accounting? Construction accounting is a type of project accounting that…

August 13, 2021
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Top Accounting Tips for Manufacturing Businesses

Accounting plays a vital role in the operation of any manufacturing company. By utilizing these accounting for manufacturing tips, you can keep track of your finances and make your life easier at the end of each financial quarter. You can also contact Odini Partners, LLC, to get direct help from accounting experts. Our team can…

August 13, 2021
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What Is a Forensic Audit?

Your company’s assets and business dealings are essential to the success of your business. Suppose you have been a victim of fraud or you suspect that your company’s assets have not been handled correctly. In that case, you may complete a forensic audit to investigate and gather evidence for court proceedings. When you are preparing…

June 21, 2021
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