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6 steps to creating a budget for your small business

Creating a business budget isn't as daunting as you might think...
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KPIs: What they are and why they’re important

Stay on top of your business’s long-term performance by monitoring key metrics...
Read more about KPIs: What they are and why they’re important ➞
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5 tips for avoiding an IRS audit

Stay off the IRS’s radar by eliminating a few common red flags...
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Overcoming a cash flow shortfall

Seven sound suggestions to help you get back on a positive cash flow track.
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6 tips for late-start college savers

Saving for your child’s college education later than you planned? Follow these tips to get you on track.
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Retirement planning at any age

Your handy "save-by-age" guide to keep you on track for meeting your retirement goals.
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Estimate Extension

WASHINGTON — The Internal Revenue Service reminds taxpayers that estimated tax payments for tax year 2020, originally due April 15 and June 15, are no...
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CARES ACT CHANGES TO CHARITABLE DONATIONS

IAAI NEWSFLASH By: Joel Shabsin, C.P.A. CARES ACT CHANGES TO CHARITABLE DONATIONSOne of the provisions in the CARES Act revolves around changes to the...
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2 BIG pieces of SMALL business startup success

Your concise guide to business entity selection and accounting system setup.
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IRS Enhances Get My Payment Online Application to Help Taxpayers

WASHINGTON – The Internal Revenue Service today announced significant enhancements to the “Get My Payment” tool to deliver an improved and smoother ex...
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Coronavirus Announcement

To whom it may concern, We understand that everyone is concerned about Coronavirus. And we are as well, which is why we are taking precautions to kee...
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IRS Tip on Adoption

IRS Tax Tip 2020-33, March 10, 2020 Taxpayers who adopted or started the adoption process during 2019 should review the rules around the adoption cre...
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Mileage 2020

IR-2019-215, December 31, 2019 WASHINGTON — The Internal Revenue Service today issued the 2020 optional standard mileage rates (PDF) used to calculat...
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Four Common Tax Errors that can be Costly for Small Businesses

IRS Tax Tip 2019-164, November 21, 2019 A small business owner often wears many different hats. They might have to wear their boss hat one day, and t...
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Website Make-over

Compton Accounting is excited to announce the recent launch of our firm’s new website. We’ve been working very hard to enhance our website and give ou...
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Contact Us

Altona Office

301 S. Depot St.
PO Box 279
Altona, IL 61414

e: 

p:  (844) 484-8881

f:  (866) 543-9873

New Windsor Office

504 Main St.
PO Box 67
New Windsor, IL 61465

e: 

p:  (844) 667-2315

Kewanee Office

531 S. Main St.
Kewanee, IL 61443

e: 

p:  (309) 856-8888

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