Business Details
Your Trusted Partner for Accounting Solutions in Chicago
For over two decades, James G. Flannery CPA has dedicated itself to providing comprehensive accounting and tax solutions for individuals and small businesses across Chicago and the Northwest Suburbs. Our approach centers on building long-term relationships through personalized service tailored to each client's unique needs. With expertise in both individual and business tax preparation, we ensure compliance while maximizing financial efficiency. Our commitment to staying current with evolving tax regulations allows us to deliver accurate, strategic advice year-round. Clients benefit from our hands-on approach, with direct access to experienced professionals who prioritize transparency and client education.We specialize in simplifying complex financial matters, offering services ranging from income tax preparation to QuickBooks setup and payroll management. Our reputation for reliability and precision has been built through consistent delivery of value-driven solutions that meet both immediate and long-term client objectives. By maintaining a local focus while leveraging industry-wide best practices, we position ourselves as a trusted partner in our clients' financial success.
Services
Tax Preparation
Bookkeeping Services
QuickBooks Setup
Payroll Processing
Financial Statements
Highlights and features
- We offer over 20 years of specialized tax and accounting expertise
- Our personalized service ensures tailored financial solutions for each client
- Direct access to experienced CPA for complex tax planning needs
- Free initial consultation to assess individual business requirements
- Proven track record with long-term client relationships spanning decades
What people say
Very professional
Excellent job
Saved time and money
Personalized attention
Timely manner
Services
Tax Preparation
Comprehensive tax preparation services for individuals and businesses, including federal and state income tax returns. We ensure accurate filing with attention to maximizing deductions and credits while maintaining compliance with current tax regulations. Our process includes electronic filing options and direct deposit for refunds.
Bookkeeping Services
Ongoing bookkeeping solutions for small businesses, including bank reconciliation and financial statement preparation. We maintain accurate records through regular updates and provide clear financial insights to support business decision-making while ensuring tax readiness throughout the year.
QuickBooks Setup
Professional QuickBooks setup and training tailored to business needs. Our services include chart of accounts configuration, system optimization, and staff training to ensure efficient financial management. We help businesses implement accounting software solutions that streamline operations and improve financial tracking.
Payroll Processing
Complete payroll tax processing services including quarterly and annual tax filings. We handle W-2 and 1099 preparation, payroll tax calculations, and compliance reporting to ensure accurate employee compensation management while meeting all regulatory requirements.
Financial Statements
Preparation of comprehensive financial statements for businesses, including income statements and balance sheets. Our services support accurate financial reporting, business analysis, and tax compliance through detailed documentation of financial performance and position.
People
James G. Flannery
CPA
Certified Public Accountant with over 20 years of experience serving Chicago area individuals and small businesses. Specializes in tax strategy, financial reporting, and accounting systems implementation. Committed to personalized service and long-term client relationships.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial statements, payroll tax processing, and QuickBooks setup for small businesses, with customized solutions for corporations, LLCs, and sole proprietorships.
Do you offer free tax consultation services?
Yes, we provide free initial consultations to assess your specific tax and accounting needs, helping determine the best approach for your individual or business situation.
How do you handle changing tax regulations?
Our team stays current with evolving tax laws to ensure accurate filings and strategic planning, helping clients maximize deductions while maintaining compliance with federal and state requirements.
What tax credits are available for education expenses?
We help clients navigate education tax credits including the American Opportunity Credit, Lifetime Learning Credit, and Tuition and Fees Deduction to reduce educational expenses.
Can you assist with home office tax deductions?
Yes, we guide clients through home office deduction options using either the simplified method ($5/sq ft) or regular method, ensuring proper documentation and compliance with IRS requirements.
