Chicago Tax Solutions

Chicago businesses operating from the Washington Street corridor face increasing tax complexity as they scale across state lines and industries. Sorren helps organizations structure efficiently, manage compliance, and plan strategically for growth.

Chicago Tax Solutions

179D Deduction

Capture valuable energy efficiency deductions with guidance through the 179D process.

Affordable Housing Tax

Support affordable housing initiatives with specialized tax credit and compliance guidance.

Cost Segregation

Accelerate depreciation and improve cash flow through strategic cost segregation studies.

Estate, Trust & Gift

Protect wealth and prepare for the future with personalized estate and gift tax planning.

Federal, State & Local Tax

Navigate changing tax regulations with proactive planning and compliance support.

International Tax

Manage cross-border tax complexity with guidance tailored to global operations.

Nonprofit Tax

Maintain compliance and protect exempt status with nonprofit-focused tax guidance.

Opportunity Zones

Maximize tax incentives and support strategic investments through Opportunity Zone planning.

Research Tax Credit

Identify qualifying activities and maximize available research tax credit opportunities.

Tax Audit Protection Plan

Reduce uncertainty with dedicated support and guidance during tax examinations.

Tax Authority Representation

Receive experienced support when responding to tax notices, audits, or disputes.

Tax Planning

Minimize tax exposure and uncover opportunities with proactive year-round tax planning.

Industries Served

Other Services

Contact Information

Renae Davis, CPA
Renae Davis, CPA
Office Partner-in-Charge
225 West Washington St, Suite 200, Chicago, IL 60606
Phone: 312-629-0900
Fax: 312-629-0901

Frequently Asked Questions (FAQs)

How do you handle "Nexus" for Washington St. firms selling nationwide?

We manage your "Wayfair" compliance to ensure your Chicago-based business is collecting tax correctly in every state.

Can you assist with "Cost Segregation" for Chicago commercial properties?

Yes. We front-load depreciation to improve cash flow for Washington St. real estate assets and office developments.

How do we handle "Chicago Occupational Privilege Tax" for our employees?

We ensure your payroll systems are correctly calculating and remitting city-specific head taxes for your downtown workforce.

Do you provide guidance on "Federal Tax Credits" for Chicago businesses?

We identify R&D, energy, and hiring credits that Loop firms often overlook in their annual planning.

Can you help with "Qualified Small Business Stock" (QSBS) for Chicago founders?

We help Washington St. entrepreneurs maximize federal tax exclusions when exiting their startups.