Glen Ellyn, Illinois · DuPage County
Net Cash Pro provides tax preparation, bookkeeping and CFO advisory services to Glen Ellyn, Illinois businesses and households from its office at 722 Huntington Dr in Carol Stream, about twelve minutes away. The practice is led by Zahoor Hasson, EA, PMP, RMP, and has worked with DuPage County clients since 2006.
Glen Ellyn's commercial character is different from its neighbours. The village centre around Main Street and Crescent Boulevard is dominated by independent retail, restaurants, and owner-operated professional offices, and the presence of College of DuPage brings a steady population of adjunct instructors, part-time faculty and side-business owners with mixed W-2 and 1099 income. That mix produces a specific and recurring problem: people who are simultaneously an employee, a contractor, and sometimes a landlord, filing one return that has to reconcile all three.
Our Carol Stream office is about a twelve-minute drive from downtown Glen Ellyn. Net Cash Pro meets Glen Ellyn clients in person by appointment and also works remotely with clients who would rather send documents securely and meet by phone or video.
Downtown Glen Ellyn shops and eateries. Inventory and cost of goods sold, tip and payroll reporting, sales tax filings, and monthly books clean enough to spot a margin problem before the year ends.
Adjunct faculty, instructors and consultants with income from several sources at once. Quarterly estimates, self-employment tax, and the home-office and mileage deductions that actually apply to your situation.
Schedule E reporting, depreciation schedules set up correctly from the start, repairs versus capital improvements, and the passive activity rules that decide whether a rental loss is usable this year.
These are the questions Glen Ellyn owners bring to Net Cash Pro most often. They are Illinois-specific, which is exactly where generic national tax software and out-of-state preparers tend to get things wrong.
Mixed income is where most self-prepared Glen Ellyn returns go wrong. W-2 withholding does not cover self-employment tax on 1099 income, so a comfortable refund one year becomes an unexpected balance the next. The fix is a quarterly estimate schedule, or an adjusted W-4 at the day job so the withholding absorbs the side income.
Rental property depreciation is not optional. The IRS calculates gain on sale using depreciation allowed or allowable, so failing to claim it does not preserve basis, it simply forfeits the deduction while you still owe recapture later. Getting the schedule right in year one matters more than any single year's deduction.
Illinois taxes individual income at a flat 4.95%, so an extra thousand dollars of 1099 income costs the same in Illinois tax whether it is your first or your hundredth. The variable that actually moves is federal self-employment tax at 15.3% on net earnings, which is usually the larger and more surprising number.
DuPage property tax bills are substantial, and a legitimate home office allocates a share of them, along with mortgage interest, utilities and insurance, against business income. The simplified method is easier but frequently gives a smaller deduction than the actual-expense method for a DuPage home. It is worth calculating both.
Net Cash Pro does not bill hourly. Glen Ellyn clients get a fixed price before any work starts, so a question in September does not turn into an invoice.
Controller / CFO advisory starts at $1,995/month and includes everything in bookkeeping plus a monthly financial Scoreboard and Action Plan. See full pricing →
Start with verifiable facts rather than reviews alone. Confirm the preparer has a PTIN and check whether they hold a credential with IRS representation rights, meaning an Enrolled Agent, CPA or attorney. Ask whether they will sign the return as paid preparer, whether they are available after April, and what the fee is before they start. Be wary of anyone whose fee is a percentage of your refund. Net Cash Pro is led by an Enrolled Agent, publishes flat fees, and operates year-round from Carol Stream, about twelve minutes from Glen Ellyn.
Yes, and it is one of the more common situations among Glen Ellyn clients. A return combining W-2 wages, 1099 contractor income and sometimes rental income needs the self-employment tax calculated correctly, the right expenses allocated to the right activity, and a quarterly estimate plan so the following year does not produce a surprise. An individual return at Net Cash Pro is a flat $225 and includes one Schedule C and one Schedule E.
Yes. Schedule E rental reporting is included in the flat $225 individual return for one property, with additional properties at $75 each. That covers depreciation schedules, the repair-versus-improvement distinction, and the passive activity loss rules that determine whether a loss offsets other income this year or carries forward.
An Enrolled Agent is a tax practitioner licensed directly by the U.S. Department of the Treasury, the highest credential the IRS issues. Enrolled Agents must pass a three-part examination covering individual and business taxation and representation, and complete continuing education every year. The practical benefit is unlimited representation rights: if your return is questioned, the same person who prepared it can speak to the IRS on your behalf.
The first 30-minute consultation is free. Bring last year's return and we will tell you plainly whether there is money being left on the table.