Welcome to CR Decker & Associates!
For 37 years as a locally owned business, we at CR Decker & Associates have provided tax preparation services for Central Illinois individual clients and small to medium business owners, as well as accounting, bookkeeping, and payroll services.
We can help you tackle anything from income tax preparation to an IRS audit, to making sure you get all the tax deductions you are entitled to receive. We can also assist with your personal budget needs.
Retail, Service, Construction, and most others:
Let us help you structure your business for maximum tax benefits, prepare all necessary business income tax returns, negotiate the maze of paperwork required to start a new enterprise, streamline your office procedures or provide accounting and bookkeeping services and so much more, so you can spend your time growing your business instead of floundering in paperwork.
If you are starting a new business or planning some improvements, we can assist you in preparing income/expense projections for future years and help you prepare information you will need when meeting with your bank to borrow money, including pro-forma profit and loss statements and balance sheets.
For Condo Associations
In addition to preparing annual tax returns, we also offer condo fee payment processing, bill payment, tenant statements and detailed financial reports so your association can stay on track and on budget.
NEW TAX LAW INFORMATION
The "Fiscal Cliff" was avoided..............for now. MFJ taxpayers with combined incomes over $450,000, will pay tax on that additional income at the new rate of 39.6%, for the amount over $450,000. For individuals earning over $400,000, the new rate is also 39.6% on all income over that amount. This is effective 1/1/2013.
Also, the 2% reduction in social security taxes for individulas was rescinded. It is now 6.2%, which it was two years ago.
All taxpayers with income below these limits will enjoy the same INCOME TAXrates that have been in effect in the past. Call us for details of the entire 2012 tax act.