Recognizing that each business is unique, the firm serves clients with a tailored approach. Massey and Company CPA provides tax preparation, strategic tax planning and other CPA tax services to clients in Chicago and throughout the country. Our tax accountants prepare IRS tax returns and state tax returns for individuals, partnerships, S corporations, C corporations, nonprofits, trusts and estates. At Chicagoland CPAs, we provide expert small business accounting, bookkeeping, tax preparation, payroll services, and financial advisory designed for the unique needs of local businesses.

Navigating the Tax Implications of Inheriting a Business

Whether you’re a startup in the city or an established company in the suburbs, our Chicagoland accounting professionals are here to help you grow. Our team of dedicated professionals is committed to providing exceptional audit, tax and advisory businesses, individuals and not-for-profit organizations. Whether you’re QuickBooks ProAdvisor a local entrepreneur, a mid-sized company, or an established corporation, we’re here to support your financial success. Explore our comprehensive suite of services and contact us to discover how ORBA can become your trusted partner.

Accounting Services for Small Businesses in Chicago & Illinois

• Our team of financial professionals will ensure your business runs smoothly and efficiently.
• It assists with transaction categorization, financial statements, invoice and payment reconciliation, and income and sales tax work.
• Dimov Tax Specialists serves Chicago businesses by providing accounting services.
• We spend time developing personal relationships so that we can provide a service that is tailored to you and your business.

In addition to teaching foundational accounting courses such as Financial Accounting, our faculty are developing innovative courses that cross disciplinary lines. Knowing where to be aggressive and where to be conservative is the key to successfully and legally reducing your tax liability. We go beyond tax compliance to proactively recommend tax saving strategies that maximize your after-tax income without getting you into trouble. This firm has been around for quite some time and balance sheet has developed a solid reputation in the industry. They were able to answer all my questions in detail and explained everything thoroughly.

Other Offerings

Beyond the basics, our Certified Public Accountants deliver CFO-level advisory, cash flow forecasting, budgeting, pricing strategy, and KPI dashboards tailored to your industry. Whether you run a construction company, eCommerce shop, healthcare practice, or consulting firm, you get accurate financials, clear reporting, and proactive guidance that supports growth in Illinois. Lewis.cpa is your one-stop shop for an extensive range of nationwide and Chicago accounting services! Our services are built to benefit both individuals and businesses, no matter the need, industry, or financial situation.

Building a Stronger Bottom Line: Is an S-Corp Right for Your Construction Business?

From managing cash flow to preparing for tax season, we cover what matters most to your bottom line. Our CPAs handle day trader and active investor taxes for equities, options, futures, and crypto in Illinois and nationwide. We navigate wash sale rules, cost basis reconciliation across brokers, Form 8949 and Schedule D, and complex 1099-B corrections. If you qualify for Trader Tax Status (TTS), we advise on Section 475(f) mark-to-market elections, business expense deductions, home office, and entity structuring so you keep more of your gains and stay compliant.

Why Choose Our Accounting Firm

We’re a diverse group of certified public accountants with a mission to help both our clients and our people grow and succeed. Our first priority is to provide unparalleled tax and accounting services that bookkeeping services chicago will free our clients of headaches and hassle while helping them secure a financially healthy, profitable future. The team at O’Malley & Kwit LLC is not only knowledgeable but also friendly and welcoming. They have a flair for numbers and offer a variety of services to their clients. Their office space is modern with plenty of natural light, making it an enjoyable place to work.

Specializing in Privately-Held & Family Businesses

The past few decades have seen a robust expansion of accounting firms in Chicago, riding on the city’s economic growth and diverse industry sectors. Firms ranging from ‘Big Four’ multinational corporations to smaller, specialized local firms have made Chicago their base, offering a range of services to meet the ever-evolving needs of businesses. The city’s strategic location and vibrant business environment have fostered the growth of these firms, leading to a rich, competitive landscape of accounting service providers. As the third-largest city in the United States, Chicago boasts a vibrant economic landscape marked by an array of industries, with the accounting sector playing a pivotal role. Known for its significant contribution to the city’s financial health, the Chicago accounting scene is renowned for its high caliber of professional services, particularly within accounting firms. These firms, manned by Certified Public Accountants (CPAs), offer services ranging from audit, tax, and advisory, among others.

• Our CFO services offer strategic leadership to help guide your startup.
• We know that in the healthcare industry, patients beat paperwork every time.
• We’ve come together to serve our clients through every stage, every idea, every challenge, no matter their size.
• You’ll graduate with the ability to transcend business trends and thrive in any situation.
• One thing that stood out to me was the professionalism of the staff at ORBA.
• The course is designed for students who already have a basic familiarity with corporate valuation and DCF analysis as well as solid accounting knowledge.

Chicago’s vibrant accounting scene, marked by a plethora of diverse accounting firms, plays an instrumental role in the city’s business ecosystem. These firms, fueled by skilled CPA professionals, offer a wide range of services, from auditing to tax planning and strategic business advisory, catering to the needs of businesses both big and small. The invaluable assistance provided by these firms, tailored to each client’s unique needs, not only ensures financial compliance but also paves the way for informed decision-making and sustainable growth. We provide comprehensive services for private businesses and their owners, including accounting and assurance services, tax services, and business and transaction advisory.

Our Chicago CPA firm offers a complete range of accounting, tax and consulting services to meet the needs of your business. “Warady & Davis LLP is a one-stop shop with a full-range of consultation services and a depth of resources. They have provided Huen Electric ownership guidance and support through several events such as audit, sale, succession, acquisition and retirement planning. They are well versed in our business, which allows us to have direct conversations that lead to effective planning. Take full advantage of all deductions and credits with our tax planning, compliance, and preparation services.