COVID-19 Update

STE Corporation is a CPA firm that provides accounting services in Chicago, Illinois

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6/9/20

All 3 offices of STE and PayStub Solutions are now open to clients during regular business hours (Monday-Friday, 8:30a-5:00p).

However, for your safety and ours, we require that you wear a face covering upon entering the office and maintain a safe distance from other visitors. Please remain in the lobby or front area and we will be happy to greet you and attend to all of your accounting needs.

Thank you so much for your continued patience and loyalty and we look forward to seeing you.  Take care!

5/18/20

All 3 offices of STE and PayStub Solutions are staffed and and are continuing operations during the current Covid-19 health crisis.  However, for our safety and yours we are still temporarily limiting access to our offices to only STE employees. 

If you wish to contact us during regular business hours  (Monday-Friday, 8:30a-5:00p), please call us at the numbers below, email us at info@stecorporation.com or email your regular contact at STE and we will get back to you in a timely manner.

Lockport: 815-836-0100
Palatine:  847-359-8100
Park Ridge: 708-583-0300

Thank you for working with us through these unusual and temporary circumstances as we keep our staff and clients as safe as possible.  Take care.

*for instructions to send a file through our secure portal, please scroll to the bottom of this message.  Thank you!

3/20/20

STE and PayStub Solutions will continue to operate during the current Covid-19 health crisis.  However, for our safety and yours we are temporarily limiting access to our offices to only STE employees. 

If you wish to contact us during regular business hours  (Monday-Friday, 8:30a-5:00p), please call us at the numbers below, email us at info@stecorporation.com or email your regular contact at STE and we will get back to you in a timely manner.

Lockport: 815-836-0100
Palatine:  847-359-8100
Park Ridge: 847-359-8100

Thank you for working with us through these unusual and temporary circumstances as we keep our staff and clients as safe as possible.  Take care.

*for instructions to send a file through our secure portal, please scroll to the bottom of this message.  Thank you!

3/19/20

Due to the current Covid-19 health crisis the staff at our Park Ridge office will be working remotely until further notice. Though this office is not open, all staff are readily available during office hours via telephone and email.  Please feel free to call us at 847.359.8100 or email us at info@stecorporation.com.

We apologize for the inconvenience and hope to be back in the office as soon as possible.

3/18/20
To our valued clients:

With the COVID-19, or coronavirus, dominating the news, we are implementing the following short-term changes in order to ensure the safety of our clients, visitors, staff and their families and to defend against the spread of the virus.

  • The Center for Disease Control has suggested steps to prevent illness.  Among the suggestions is to avoid close contact, handshakes, etc.  We enjoy meeting personally with our clients and want to continue to meet with you on a regular basis after the public health crisis.  However, during this time for your safety and ours, we request that we interact via the phone, email or fax as much as possible. 
  • We strongly suggest you use one of our electronic options to provide any materials to us.  When possible, we ask that you scan and send documents vs. dropping them off in person.  Documents can be emailed directly to the accountant you usually work with or to info@stecorporation.com .  Also, if you prefer, you can easily upload the documents directly to our secure portal.  Click here to send documents securely through our portal.  Instructions on how to upload documents are included at the bottom of this message. 
  • If electronic delivery is not an option for you, all of our offices have mail slots in or next to the front door to drop your documents off.  If you are dropping off after hours, please place your documents in an envelope or Ziploc bag.  We will call you and confirm we received them the following business day.
  • If you do come to one of our offices, we will still warmly welcome you, but will avoid shaking your hand and keep a comfortable distance.  In addition, we are encouraging our employees to wash hands regularly and after any social contact.  We are also increasing sanitation of our office surfaces.  Please understand that these steps are being done to protect both you and us.
  • If circumstances should warrant the temporary closure of any office, we will do our best to post this information on our website and social channels as soon as possible. 

I personally appreciate the trust and confidence you have in the wonderful people that work at STE and PayStub Solutions.  We are committed to continuing to provide you friendly, professional and personalized attention.  Please bear with us if events cause us to temporarily modify how we work together. 

Please check our website as we will be updating with additional information from the IRS and other taxing authorities as it becomes available.

Thank you in advance.  Please feel free to reach out to me directly if you have any questions.

Sincerely,

Michael Valek, President

815-836-0100

______________________________

To upload files to our secure portal, begin by going to our website:  STEcorporation.com

Scroll to the bottom and select “Send us a File”

Click on the “Send Us a File” button.

A box will pop up. 

Enter your name, your email address and select your accountant name in the Firm Member box. 

Click “Choose File” to select the file(s) you want to send. 

Once you click the blue “Send to Selected Firm Member” button, the file will be uploaded to a secure server. 

Again, thank you for being a valued client and for your continued trust as we manage through this time together. If you have any questions or need further assistance, please call us at (815) 836-0100 or email us info@STEcorporation.com.

Talk to one of our Accountants Today

OUR SERVICES

stecorporation - accounting icon

Accounting

  • Statuary Accounts
  • Management Accounts
  • Bookkeeping
  • Business Plan
stecorporation - tax icon

Tax

  • Tax Investigation
  • Capitol Gains Tax
  • Tax Advisory
  • Corporation Tax

STECorporation consultation

Consulting

  • Registered Office Address
  • Company Formation
  • Company Secretarial
  • Legal Helpline

QuickBooks/ Bookkeeping Services

All of the financial information and data for your business should be organized and in one place so it is easy to access.  With our bookkeeping services, we will organize and manage your financial information within the QuickBooks software so you can easily access it at any time.  While we manage your financial matters on a daily and monthly basis, you will be in control as we will keep you updated and ensure you can access and monitor your finances.  If you are applying for a loan, doing your taxes, or budgeting, having quick access to your financial information is important.  We can assist large businesses and provide small business bookkeeping.

Advisory Services

Our accountants can take on an advisory role with your company through our business consulting services.  We will work with you to understand your financial goals and help you make the right decisions to reach your goals and help your business grow and become more profitable.  Our business advisory services include advisement for investments, taxes, payroll, bookkeeping, administration, and more.

Estate Planning

It is important to manage your estate to help protect its value and ensure that your assets are distributed properly between your beneficiaries.  Our accountants can assist with your estate planning, including managing the taxes to preserve its value and ensuring that your assets are distributed according to your wishes.  Our estate accountants will identify ways to protect your estate from inflation and taxes and minimize what you are paying in taxes to maximize its value.

Sales Tax / Nexus

Sales tax rates and laws are decided locally and differ between states and cities.  This can make sales and use tax difficult to manage for businesses, especially those that operate in multiple cities and states.  Our certified public accountants can help manage your sales and use taxes by ensuring that you are in compliance with applicable sales tax laws and identifying opportunities for refunds and exemptions.  We have a thorough knowledge of sales tax laws and we can even help businesses that operate in multiple states with filing their taxes.  Using Nexus tax analysis, we can help multi-state businesses stay in compliance with all applicable tax laws.

Payroll Services

We provide payroll services to small businesses and international businesses that operate in the U.S.  Our accountants will streamline your payroll process and manage the tax withholdings and benefit deductions from employee paychecks.  We can also file the tax returns for your business that account for the tax withholdings.

Call the CPAs of STE Corporation

Contact our CPA firm if you want to work with our accountants to help manage the finances for your business in Park Ridge, IL.  You can call STE Corporation at (815) 836-0100 to talk to our professionals or schedule a free consultation.

FREQUENTLY ASKED QUESTIONS

For tax years 2018 through 2025 interest on home equity loans is only deductible when the loan is used to buy, build or substantially improve the taxpayer’s home that secures the loan. Prior to 2018, many homeowners took out home equity loans. Unlike other consumer-related interest expenses (e.g., car loans and credit cards) interest on a home equity loan was deductible on your tax return.
You may be able to take an immediate Section 179 expense deduction of up to $1,040,000 for 2020 ($1,020,000 in 2019), for equipment purchased for use in your business, instead of writing it off over many years. There is a phaseout limit of $2,590,000 in 2020 ($2,550,000 in 2019). Additionally, self-employed individuals can deduct 100 percent of their health insurance premiums. You may also be able to establish a Keogh, SEP or SIMPLE IRA plan and deduct your contributions (investments).
In 2020 (as in 2019), medical and dental expenses are deductible to the extent they exceed 10 percent of your adjusted gross income or AGI. If your employer offers a Flexible Spending Account (FSA), Health Savings Account or cafeteria plan, these plans permit you to redirect a portion of your salary to pay these types of expenses with pre-tax dollars.
If you’re planning to make a charitable gift, it generally makes more sense to give appreciated long-term capital assets to the charity, instead of selling the assets and giving the charity the after-tax proceeds. Donating the assets instead of the cash avoids capital gains tax on the sale, and you can obtain a tax deduction for the full fair-market value of the property.

Frequently-Asked-Questions-min

WHAT OUR CLIENTS SAY ABOUT US

“Everyone at STE has been amazing. As a small business owner it is essential to have people on your team that are experts in all areas. When it comes to finance and taxes Jim and the team at STE fill that need. Thanks for being great at what you do and always be there!”

“STE has been handling our personal, business accounting, and payroll for years. They are knowledgeable, easy to reach, and very welcoming. Would definitely recommend them.”

“I have had nothing but pleasant experiences at STE. They are knowledgeable and provide great service.”

“We have used STE Corporation for our payroll and tax service needs over the past 3+ years and extremely pleased with the partnership we have created.”

“My husband has operated his painting business since 2004, first as a sole proprietorship and later as an S corporation. STE has been instrumental in helping him grow his business and remain in compliance. I cannot thank Mike, Marybeth, Jim, and Lisa enough for helping him get organized and stay that way. They have truly been the business office he needed in order to focus on the part of his business he enjoys – painting and customer service Their professional staff literally have never let him down – payroll, state taxes, federal taxes, consultation, ledger reconciliation, profit and loss sheets, and probably lots of things I do not even know about! Hiring this firm was the best decision he could have made. He looks forward to visiting the office, everyone makes him feel like family. I appreciate their professionalism and efficiency. Thank you STE!”

OUR SERVICES

stecorporation - accounting icon

Accounting

  • Statuary Accounts
  • Management Accounts
  • Bookkeeping
  • Business Plan
stecorporation - tax icon

Tax

  • Tax Investigation
  • Capitol Gains Tax
  • Tax Advisory
  • Corporation Tax

STECorporation consultation

Consulting

  • Registered Office Address
  • Company Formation
  • Company Secretarial
  • Legal Helpline

QuickBooks/ Bookkeeping Services

All of the financial information and data for your business should be organized and in one place so it is easy to access.  With our bookkeeping services, we will organize and manage your financial information within the QuickBooks software so you can easily access it at any time.  While we manage your financial matters on a daily and monthly basis, you will be in control as we will keep you updated and ensure you can access and monitor your finances.  If you are applying for a loan, doing your taxes, or budgeting, having quick access to your financial information is important.  We can assist large businesses and provide small business bookkeeping.

Advisory Services

Our accountants can take on an advisory role with your company through our business consulting services.  We will work with you to understand your financial goals and help you make the right decisions to reach your goals and help your business grow and become more profitable.  Our business advisory services include advisement for investments, taxes, payroll, bookkeeping, administration, and more.

Estate Planning

It is important to manage your estate to help protect its value and ensure that your assets are distributed properly between your beneficiaries.  Our accountants can assist with your estate planning, including managing the taxes to preserve its value and ensuring that your assets are distributed according to your wishes.  Our estate accountants will identify ways to protect your estate from inflation and taxes and minimize what you are paying in taxes to maximize its value.

Sales Tax / Nexus

Sales tax rates and laws are decided locally and differ between states and cities.  This can make sales and use tax difficult to manage for businesses, especially those that operate in multiple cities and states.  Our certified public accountants can help manage your sales and use taxes by ensuring that you are in compliance with applicable sales tax laws and identifying opportunities for refunds and exemptions.  We have a thorough knowledge of sales tax laws and we can even help businesses that operate in multiple states with filing their taxes.  Using Nexus tax analysis, we can help multi-state businesses stay in compliance with all applicable tax laws.

Payroll Services

We provide payroll services to small businesses and international businesses that operate in the U.S.  Our accountants will streamline your payroll process and manage the tax withholdings and benefit deductions from employee paychecks.  We can also file the tax returns for your business that account for the tax withholdings.

Call the CPAs of STE Corporation

Contact our CPA firm if you want to work with our accountants to help manage the finances for your business in Park Ridge, IL.  You can call STE Corporation at (815) 836-0100 to talk to our professionals or schedule a free consultation.