Business Details
29 Years
experience
Expert Tax & CFO Solutions for Small Businesses
At 1st Chicago Accounting, we specialize in empowering small business owners through strategic tax planning and financial management. Since our founding in 1997, we have focused exclusively on small businesses, providing personalized CPA services that save clients an average of $30,000 annually in taxes. Our team leverages Fortune 500 financial techniques adapted for small business needs, delivering services like CFO advisory, business tax preparation, and IRS tax resolution.We pioneered a streamlined system requiring just 10 minutes weekly commitment from clients, combining efficiency with expert guidance. Our proven track record includes transforming a chiropractor's net income from $150,000 to over $1 million in 12 months. With offices in Chicago and Orland Park, we maintain a client-centric approach through direct CPA access, proactive tax planning, and educational resources developed from decades of combined industry experience.
Services
Tax Planning
CFO Services
Accounting
Business Tax Preparation
Payroll Services
IRS Tax Resolution
Details
- Year established: 1997
Highlights and features
- We offer personalized CPA service for small businesses exclusively
- Our team has 25+ years of Fortune 500 financial expertise
- We guarantee significant tax savings demonstrated by client case studies
- We provide proactive year-round tax planning
- Our proprietary system requires only 10 minutes weekly commitment
Services
Tax Planning
Our tax planning service identifies legal savings opportunities to minimize business tax liabilities. Through year-round strategy sessions and personalized tax plans, we've saved clients an average of $30,000 annually. Our CPAs analyze business structures, expenses, and growth patterns to optimize tax positions.
CFO Services
Our CFO services provide strategic financial guidance using Fortune 500 methodologies adapted for small businesses. We deliver weekly dashboard reporting, cash flow analysis, and KPI tracking to enhance decision-making. This service helped a chiropractor increase net income from $150,000 to over $1 million in 12 months.
Business Tax Preparation
Specializing in business tax preparation, we streamline the filing process with fast turnaround and guaranteed accuracy. Our system requires just 30 minutes of client categorization before we handle corporate tax filings. Clients receive expert guidance to avoid common pitfalls and maximize deductions.
IRS Tax Resolution
We represent businesses in IRS disputes and resolution processes. Our CPAs with decades of experience negotiate tax debts, resolve audits, and implement compliance strategies. We focus on minimizing financial exposure while ensuring complete regulatory compliance for all tax matters.
Payroll Services
Our low-cost online payroll system automates payroll processing while ensuring tax compliance. The service integrates with accounting systems to maintain accurate financial records. We streamline payroll tax calculations, filings, and reporting to save business owners time and reduce errors.
People
Brad Filmanowicz
CPA, MBA, EA
Brad Filmanowicz, CPA with 25+ years experience, founded 1st Chicago Accounting after working with Fortune 500 companies like Sara Lee and Telular. He developed tax strategies saving clients hundreds of thousands annually and authored 'Profits Driven', a guide for small business financial success.
Questions
What accounting services do you offer small businesses?
We offer full-service accounting: tax planning, CFO advisory, payroll processing, business tax preparation, and IRS tax resolution tailored specifically for small businesses.
How can you help reduce my business taxes?
Our tax specialists identify deductions and implement year-round planning strategies that have saved clients an average of $30,000 annually through legal tax optimization techniques.
Do you work with businesses outside Chicago?
While headquartered in Chicago, we serve small businesses nationwide through our streamlined online system requiring only 10 minutes weekly client involvement.
What's included in your CFO services?
Our CFO services include weekly financial dashboards, cash flow analysis, KPI tracking, budgeting, and strategic growth planning to enhance profitability and decision-making.
How quickly can you complete tax filings?
We guarantee timely filings with estimates ready by April. Our system processes corporate taxes efficiently after reviewing categorized transaction spreadsheets provided by clients.
Do you offer tax planning throughout the year?
Yes, we provide proactive tax planning year-round, including optional October tax plans starting at $2,500 that typically pay for themselves through significant client savings.
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