Business Details
5 Years
experience
Expert Accounting & Tax Services in Arlington Heights
Sharp Point Accounting Solutions is a dedicated team of certified professionals committed to transforming the financial management experience for small and medium-sized businesses. With over a decade of combined expertise in accounting, taxation, and financial systems, our firm specializes in delivering tailored solutions that streamline operations and empower informed decision-making. Our approach combines industry-specific insights with cutting-edge technology like QuickBooks and Xero to create efficient, reliable financial frameworks.We prioritize personalized service, ensuring clients receive prompt communication and actionable guidance to reduce administrative burdens. By implementing structured processes and providing ongoing support, we enable business owners to focus on growth while maintaining compliance and financial clarity. Our proven track record with diverse industries, including medical practices and contractors, demonstrates our adaptability and commitment to client success.
Services
Bookkeeping
Tax Services
Advisory Packages
PPP Loan Forgiveness
QuickBooks Help
Payroll Services
Financial Statements
Business Taxation
Estate Taxation
Retirement Planning
Details
- Year established: 2021
Highlights and features
- We offer over 10 years of combined experience in public accounting and tax planning.
- Our team implements technology-driven solutions like QuickBooks and Xero for efficiency.
- We provide personalized financial systems tailored to specific business needs.
- Our CPAs specialize in complex taxation and retirement planning strategies.
- We guarantee prompt communication and dedicated client support.
Associations and certifications
- CPA
What people say
Prompt communication
Knowledgeable staff
Effective financial systems
Reliable bookkeeping
Personalized support
Services
Bookkeeping
Our bookkeeping services ensure accurate daily financial tracking using QuickBooks and Xero. We organize transactions, manage accounts payable/receivable, and prepare financial statements. Clients receive real-time data to monitor cash flow and business performance effectively.
Tax Services
We provide comprehensive tax preparation and planning for individuals and businesses. Our CPAs identify deductions, ensure compliance, and develop strategies to minimize liabilities. Services include corporate taxation, estate planning, and IRS representation for audits or disputes.
Advisory Packages
Our advisory packages combine accounting expertise with strategic guidance. We analyze financial health, recommend process improvements, and assist with budgeting or retirement planning. Clients gain actionable insights to support growth and operational efficiency.
PPP Loan Forgiveness
We help businesses navigate PPP loan forgiveness requirements. Our team ensures proper documentation, tracks eligible expenses, and prepares applications for full compliance. This service reduces administrative burdens while maximizing forgiveness outcomes.
QuickBooks/Xero Support
We specialize in configuring QuickBooks and Xero for business-specific needs. Services include software implementation, training, and troubleshooting. Our experts optimize systems to improve accuracy and efficiency in financial management workflows.
People
Peter H. Michaelides II
President
Peter Michaelides, CPA, leads Sharp Point Solutions with over 10 years in public accounting. He specializes in taxation, corporate structuring, and retirement planning. A Trinity International University graduate, he focuses on minimizing client liabilities while ensuring compliance.
Jen Michaelides
CEO
Jen Michaelides, CPA, serves as CEO with expertise in financial statements and audit services. She graduated Magna Cum Laude from Trinity International University and has over a decade of experience helping businesses understand accounting processes and improve financial clarity.
Yvonne Atwater
Office Manager
Yvonne Atwater manages client relations with proficiency in QuickBooks and 15+ years of bookkeeping experience. She creates customized systems for businesses of all sizes while balancing client needs with operational efficiency.
Lynsey Jones
Client Manager
Lynsey Jones, a QuickBooks ProAdvisor with 20+ years in accounting, specializes in bookkeeping and software conversions. She assists small businesses in streamlining operations while maintaining a client-focused approach to growth and compliance.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, tax preparation, financial statements, payroll processing, and advisory services tailored to small business needs.
How can you help with tax planning and compliance?
Our CPAs develop strategies to minimize liabilities, ensure compliance, and handle IRS representation for audits or disputes.
Do you support QuickBooks and Xero users?
Yes, we offer software setup, training, and troubleshooting for QuickBooks and Xero to optimize financial workflows.
What areas do you serve?
We serve Chicago-area businesses virtually or on-site, including Arlington Heights, Buffalo Grove, and Waukegan.
Can you assist with PPP loan forgiveness?
Yes, we guide clients through documentation and application processes to maximize PPP loan forgiveness eligibility.
