May 2022 Newsletter
This month we celebrate the coming of summer! While Charles speeds through another track adventure we are preparing for potlucks, playing games, and providing a plethora of new and important tax updates!
Revved Up for Summer
On May 13 & 14 Charles was at the new Ozarks International Raceway. Some have described the 4-mile track as the most technically challenging in the U.S. The track has 19 thrilling corners and a 1200 feet elevation change in a single lap! It’s great fun to go as fast as you (safely) can, without worrying about speeding tickets! His car is the white Supra in the pictures.

We asked our staff to give us their favorite summer recipe. Can YOU Guess Who supplied each recipe? Click the image to see if you can guess WHO and be taken to the full recipe!
Jess, Kristine, Charles, Leslie and Christi
Client Spotlight: Lisa's Dairy Bar
Lisa's Dairy Bar, a Granite City summer-time staple for 39 years, started the 2022 season off under new management. The eldest grandson of former owner Lisa Thompson, Garner Perigo, purchased the business and opened for the season in early March. The story of Lisa's Dairy Bar is an American success story. Lisa was a young immigrant woman who barely spoke English and had little money to her name. She worked hard, studied, and saved enough money to open a small ice cream stand. She operated that stand from 1982 until 2021 when she closed for her final season. Garner has worked in the shop for over 20 years and is excited to share this journey with his wife Terri and their children.

When asked why they chose Tzinberg & Associates Terri said, "We had no idea where to start when looking for an accounting firm and Tzinberg & Associates was recommended to us. The entire staff has been absolutely amazing in answering all of our questions and helping us navigate the process of running our business. We would be lost without their guidance and support! 

Please stop by for a cool treat and to support a local business.
Follow them on Facebook for exciting news and promotions.
If you would like to be featured in our Client Spotlight please send an email to kristine@tzinberg.com
Summer Employment For Your Child
Summer is almost here, and your children may be looking for a summer job. The standard deduction for single individuals increased from $12,550 in 2021 to $12,950 in 2022, meaning your child can now make up to $12,950 from working without paying any income tax on their earnings.
When Can You Dump Old Tax Records?
Taxpayers often question how long records must be kept and the amount of time IRS has to audit a return after it is filed.

Plan NOW to Take Advantage of 2022 Tax Benefits
*Click on each benefit above for more information
Why Proactive Planning is More Important Than You Realize
One of the major reasons why planning is so crucial in this context is because it helps avoid one of the single biggest problems that both businesses and individuals often face: not budgeting properly.

Accounting professionals were able to help many organizations avoid things like cash flow emergencies, burnout, and anxiousness.

IRS Destroys 30M Paper Returns Due to Backlog
The Internal Revenue Service decided to destroy an estimated 30 million paper-filed information return documents in March 2021 because of its inability to process its backlog of paper tax returns, according to a new report. -Read More
*One Study Showed 95% of consumers read reviews prior to buying
*8% of those consumers use reviews to discover local businesses
We appreciate you taking the time to leave an honest review of our services and we made it as easy as possible, click on the hand above.

1 Country Club Executive Park
Glen Carbon, IL 62034
(618)288-8989