Keeley Accounting - Formerly The Tax Place

03/16/2026

Do you need to file a tax return this year? Here are some handy tips to help you decide.

03/16/2026

March is all about momentum, especially when it comes to planning ahead for 2026. In this month’s newsletter, we explore why your tax planning cycle begins now and share practical steps to help you get started in the right direction. A key part of this strategy is understanding the difference...

03/16/2026

Retirement planning and tax planning go hand in hand. Here are five great planning ideas on how to ensure you have a nest egg when you are ready to retire.

03/16/2026

Are you capturing all the tax benefits built into homeownership? Here are the most common.

02/17/2026

Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

02/17/2026

Now is the perfect time to look ahead and fine tune your financial and tax planning for 2026. In this month’s newsletter, we share several go-to tax strategies that could help reduce your tax bill, along with practical ways to ensure your cash continues working for you as interest rates remain...

02/17/2026

Over the past few years, the IRS has penalizing late filers of sub S corporation and partnership tax returns. This despite the fact that late filing of the tax return does not typically impact the timely payment of the tax.

02/06/2026

📢 Important Update For the 2025 Tax Season 📢

We want to share some important updates regarding our staffing and how we’ll be serving you this year.

We know many of you received a letter around Thanksgiving mentioning that Miki and Nancy would be available this season. While that was our sincere plan at the time, circumstances have evolved over the last several weeks, and we want to be as transparent as possible about our current operations.

Staffing Updates:
🔹Nancy informed us in early January that she will not be returning for this season.
🔹As of January 30th, Miki and Edith are no longer with the firm.

Please know that these decisions were not made lightly.

📋How to Work With Us This Year:
Currently, we do not have a tax preparer physically stationed at the Grayslake office. However, we are fully prepared to handle your returns through our proven virtual process that we use to serve clients all over the country.

💻 Virtual Collaboration: Work with us via our secure client portal and virtual meetings from the comfort of your home.
📂 Document Drop-Off: Grayslake reception remains open for physical document drop-offs from 8:30 AM - 12:30 PM, Monday through Friday. We will then finalize your return digitally.

We appreciate your patience as we navigate these changes.
Our goal remains the same: Bringing the same high level of service the clients of Keeley Accounting have come to expect.

❔Questions about the virtual process?
Reach out via our usual phone number or email and we’ll be happy to help you get started in the portal!

02/04/2026

A little preparation can change the entire tax return experience. In this month's newsletter, read about how getting organized early with a clear checklist can help you gather the right information and avoid last-minute pressure. You'll also learn how spotting easy-to-miss income sources can help yo...

01/31/2026

The Internal Revenue Service has a vocabulary of their own. One of the more important is their use of the word "contemporaneous". What does it mean, and why should you care?

01/24/2026

While it is not a good idea to tap retirement accounts prior to retirement age, sometimes it cannot be avoided. What can often be avoided, however, is the punitive 10% penalty for early fund distributions. Outlined here are exceptions to the 10% penalty rule.

09/08/2025

Tax Alert: No more paper checks for refunds.

PHASING OUT PAPER CHECKS: Today, President Donald J. Trump signed an Executive Order to modernize how the government handles money, switching from