Tax Preparation in
Chicago, IL

Fortune-500-level tax strategy for Chicago individuals, freelancers, equity-compensated professionals, and businesses. 100% remote — upload your documents, we handle everything. Most clients get 2–4x more back than their previous preparer found.

Tax Preparation in Chicago, IL — Beyond Data Entry

Chicago is a finance, trading, and logistics capital with a deep bench of corporate professionals, a large remote-and-hybrid workforce, and some of the highest property taxes in America. Trading and finance equity comp, the SALT cap, and multi-state remote work are the issues that decide a Chicago taxpayer's bottom line.

Michelet Financial serves Chicago, Naperville, Evanston, Oak Park, Schaumburg, and Aurora, and the greater Chicago metro with the same discipline founder Brandt Michelet built managing financials for Tilman Fertitta and Landry's Inc. — one of America's largest private companies. Everything is handled securely online: no travel, no waiting room, just a strategist who reviews every Chicago-area return personally.

Individual Tax Returns

W-2, 1099, investment income, multi-state, rental property. Full deduction review — not a checkbox interview.

Small Business Taxes

LLC, S-Corp, Partnership returns. Quarterly estimates, entity structuring, and year-round strategy.

Self-Employed & 1099

Every deduction — home office, vehicle, SEP-IRA, health insurance, QBI. We find what software misses. See our self-employed deduction guide.

Equity Comp & Investments

RSUs, ISOs, ESPP, capital gains, and tax-loss harvesting handled correctly — not the way brokerage-imported basis gets it wrong.

IRS Audit Representation

Received an IRS notice? We handle all correspondence and represent you completely.

Tax Planning

Year-round tax planning: S-Corp elections, retirement, and timing strategies to minimize your bill.

Chicago Tax Situations We Specialize In

Illinois has a flat 4.95% income tax, and Cook County carries some of the highest property taxes in the nation. That property-tax load runs straight into the federal SALT cap — an area where smart planning matters.

Finance, Trading & Equity Comp

Chicago's traders and corporate professionals earn in RSUs, options, and carried interest. We handle vesting, cost-basis corrections, wash-sale and mark-to-market elections, and AMT exposure.

High Property Tax & the SALT Cap

Cook County property taxes are steep and capped at $10,000 federally with other state/local taxes. We plan around the SALT cap — including PTET elections for business owners — to recover deductions.

Remote & Hybrid Workers

Many Chicago professionals work across Illinois, Indiana, and Wisconsin lines. We handle multi-state allocation and reciprocity so you aren't taxed twice.

Deductions Chicago Taxpayers Miss

Volume preparers and software follow a script. Because Chicago's economy runs on finance & trading, corporate professionals, logistics, healthcare, and real estate, these are the high-value items we most often recover for Chicago-area clients:

Not sure which apply to you? Our complete self-employed deduction list and a free consultation will show you exactly what's on the table.

Why Chicago Clients Choose Michelet Financial

Frequently Asked Questions

Do you offer tax preparation in Chicago, IL?
Yes. We serve Chicago, Naperville, Evanston, Oak Park, Schaumburg, Aurora, and the metro — plus all 50 states — through a secure remote process. No office visit required.
Can you help with the SALT cap on my high property taxes?
Yes. Cook County property taxes plus state tax often blow past the $10,000 federal SALT cap. For business owners we use the Illinois PTET election to recover much of that deduction, and we plan around the cap for everyone else.
I trade or work in finance — can you handle my equity comp?
Absolutely. We handle RSU and option vesting, cost-basis corrections, wash-sale rules, trader mark-to-market elections, and AMT exposure that trip up finance professionals.
I work across Illinois, Indiana, or Wisconsin — how is that taxed?
We handle multi-state allocation and reciprocity agreements so your income is taxed once, in the right state — a common and costly error for hybrid Chicago workers.
How much does tax preparation cost in Chicago?
Personal returns start at $350 and business returns at $650, flat-fee. You know the price before we begin, and the free consultation shows what's been missed.
Do I need to visit an office?
No. Chicago clients work with us entirely online — secure upload, video call, and e-signature.

Get Your Biggest Refund From Chicago

Free consultation. We review your situation and show you exactly what your previous preparer missed.

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