Retail

Solutions Tailored to Your Business

 

MichaelSilver serves a broad range of retail clients. In addition to our traditional tax and accounting services, such as compilations, reviews, audits, and tax return preparation, we also provide consulting services tailored to address issues unique to the retail industry. Our vast experience and understanding of retail businesses put us in a unique position to help you and your company succeed.  We can address:

 

  • Inventory Issues
  • Cash Management
  • Financing
  • Profitability Analysis of Individual Product Lines
  • Payroll and Employee Benefit Issues
  • Proper Tax Reporting of Gift Certificates
  • Sales and Use Tax, Including Managing Tax Audits
  • Optimization of Accounting Income While Minimizing Tax Burden
  • Consulting on Issues Such as:
    – Assistance with Banking Relationships
    – Personnel and Human Resource Matters
    – Lease Negotiations
    – Organization Structure
    – Boards of Advisors
    – Marketing Strategies

We provide consulting services tailored
to address your unique business.

John Poulopoulos

John Poulopoulos

CPA, Partner

Ryan Lubinski

Ryan Lubinski

CPA, Partner

Silver Advantage Alerts

New IL Bill Unleashes Trio of Tax Amnesty Programs — Hall Pass Included

Fresh off the Governor’s desk in mid-June, House Bill 2755 (Public Act 104‑0006) rolled into law as part of Illinois’ fiscal year 2026 budget. Alongside sweeping tax changes, including the rollout of sports betting levies and the expansion of nexus definitions, the legislation authorizes three new amnesty programs for overdue taxes.

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