Miller Farm & Business
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1041 South Oakwood Avenue
Geneseo, IL 61254
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Full Range of Tax & Accounting Services

  • Tax Preparation & Planning, Individual 
  • Self-Employed
  • Small Business
  • Farm, Estate & Trust
  • S Corporation
  • C Corporation
  • Bookkeeping
  • Financial Statements
  • Payroll Services
  • Bill Pay


Miller Farm & Business is Bonded & Insured.

Take Control of your financial future

“THE LATEST“ with Lora Lea …

IMPORTANT TAX UPDATES!

I found these federal statistics interesting … “Did you know?”…

  • Upper incomers are 1% of all earners and have an income of $481,000 and above.
  • They pay 40% of ALL federal income taxes.
  • The top 5% earners with income of $196,000 and more…pay 60% of all taxes.
  • 10% of the population with $138,000 paid 10% of federal income taxes.
  • The bottom 50% of all filers paid 3% of federal taxes.
  • Just FYI the Illinois tax rate is up 5%.

REMEMBER…

If you are going to owe $1,000 or more on your FEDERAL TAXES, expect a letter and penalty charge for not putting in an estimate.

The limit for Illinois is $500 ~ OR ~ you guessed it… LETTER AND PENALTY.

I will update as pertinent important news becomes available, and Congress does their job.

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