The Southland Development Authority 2024 Tax Pro Assistance Program
The Southland Development Authority (SDA) has introduced the 2024 Tax Pro Assistance Program, a strategic initiative to support small businesses in Cook County, Illinois. This program offers professional tax preparation services at substantially reduced costs, specifically targeting businesses with lower gross revenues and those in sectors most affected by Covid-19. With eligibility criteria including location, revenue limits, and the need for an active Employer Identification Number, the program focuses on equitable economic support. A limited number of applicants will be selected for this cost-effective tax preparation assistance, emphasizing the SDA's commitment to fostering small business growth in the region.
Up to 35 applicants will be selected to have either their business financial statements & business tax return prepared for the most recent fiscal year for only $500 or have their most recent business tax return prepared for only $350. If an application is approved, the applicant will be notified of next steps in the process.
Eligibility:
Must be a for profit business located in Cook County, IL
Have less than $500,000 in gross revenue in the most recent fiscal year
Have an active Employer Identification Number
Attend orientation webinar to learn about the process and documents required to successfully prepare financial statements and tax return.
Links to application:English - 2024 Tax Pro Assistance Program ApplicationSpanish - Solicitud de Programa de Asistencia Tax Pro 2024
Please note, an application does not guarantee the assignment of an expert consultant and the Southland Development Authority reserves the right to select businesses at its discretion to participate in this initiative.
If your application is selected for additional review, you will be contacted directly for next steps.