Tax Services

Koffex Corporation is a full-service tax and financial services firm that specializes in small businesses. We are a one-stop shop for your payroll, accounting and tax preparation needs.

For more than 15 years, we have been helping small businesses with their payroll, accounting & tax preparation. We design custom solutions to best fit your business needs. As your trusted advisors, we guarantee your payroll will be accurate and hassle-free. Your tax returns will always be filed on time to avoid any late filing penalties. Best of all, you will no longer need to use separate companies for any of these services.

To schedule an appointment, please contact us for a free initial consultation. We are committed to providing you with the best level of service possible.

Business Start-UpPayrollAccounting Tax PreparationSales Tax
Starting a new business involves careful planning, determining the right legal structure and a series of filing & registration requirements. When it comes to choosing a legal structure, there are several ways to organize your business such as Sole Proprietorship, Partnerships, LLC’s, “C” Corporations and “S” Corporations.

At Koffex, we can:

  • Help you decide the legal structure that minimizes your tax burden and provides maximum protection against any potential liabilities.
  • Obtain FEIN (Federal Employer Identification Number) from the IRS.
  • File a petition with the IRS (if corporation) to change your business to a tax-free entity.
  • Register your business with State agencies and obtain all necessary Tax ID’s.
We offer a full service payroll solution that is customized for your business needs. We make pay days easy & accurate. Each pay period, simply provide us with employee hours and we’ll take care of the rest.

We handle all your federal & state payroll taxes. You never have to worry about upcoming tax obligations. We take care of everything including:

  • Federal & State tax deposits
  • Quarterly Federal (941)
  • State tax forms (IL 941)
  • Annual 940’s and 944’s
  • Annual state tax forms
  • Employee W-2’s
  • 1099 Misc. filing
Timely, efficient bookkeeping services are provided to businesses of all sizes. Computerized accounts are prepared, saved and presented for client review on a monthly, quarterly, and/or annual basis. At Koffex, we will do the following for you:

  • Monthly reconciliation of your bank account
  • Prepare financial statements
  • Generate a balance sheet
  • Maintain a clean ledger
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.

With thousands of Federal and State tax returns filed, tax return preparation and filing are the core services offered to our clients. Whether your company is a “C” corporation, “S” Corporation, LLC, Partnership or Sole Proprietorship, a properly prepared tax return will be filed to minimize your tax burden.

If your business collects sales tax or soft drink tax, we can help you file your monthly and/or quarterly sales tax returns.