Business Details
22 Years
experience
Trusted Accounting & Tax Services in Peabody, MA
Founded in 2004 by Elaine Haraktsis, Xllence Accounting has provided personalized accounting and tax solutions to individuals and businesses across Peabody, MA, and the North Shore region. With over 30 years of professional experience, our firm specializes in bookkeeping, tax compliance, college financial aid guidance, and SBA loan program assistance. We prioritize building trusted relationships by treating every client's financial matters as our own, offering transparent decision-making and accessible expertise.Our commitment to continuous learning ensures clients receive up-to-date strategies for tax optimization and business growth. By combining technical proficiency with community-focused service, we aim to be both a financial partner and a trusted advisor for long-term success.
Services
Bookkeeping
Tax Preparation
Financial Aid Guidance
SBA Loan Assistance
QuickBooks Support
Details
- Year established: 2004
Highlights and features
- 30 years of professional accounting experience
- Personalized service tailored to individual and business needs
- QuickBooks Online ProAdvisor certification
- Specialized expertise in college financial aid processes
- Community-focused approach with local North Shore knowledge
Associations and certifications
- QuickBooks Online ProAdvisor
Services
Bookkeeping
Our bookkeeping services ensure accurate financial tracking through bank reconciliation, accounts payable/receivable management, and real-time reporting. We help business owners save time while maintaining IRS-compliant records. Our system provides peace of mind during audits and supports data-driven decision-making for growth.
Tax Preparation
We handle personal and business tax preparation with focus on maximizing deductions and ensuring compliance. Our expertise covers complex scenarios while minimizing audit risks. We provide strategic tax planning to optimize financial outcomes for individuals and businesses throughout the year.
Financial Aid Guidance
Our specialized financial aid assistance simplifies college funding processes through FAFSA preparation and tax strategy optimization. We help families navigate deadlines and requirements while minimizing financial stress. Our guidance ensures compliance with educational institution expectations.
SBA Loan Assistance
We specialize in SBA Economic Injury Disaster Loan applications, providing complete documentation support and compliance guidance. Our assistance ensures timely submission with accurate financial records, helping businesses access critical funding during recovery periods.
QuickBooks Support
As certified QuickBooks ProAdvisors, we offer software setup, transaction categorization, and financial reporting services. Our support helps businesses maintain organized records while leveraging software features for improved financial management and decision-making.
People
Elaine Haraktsis
Owner & Certified Accountant
With 30 years of experience, Elaine founded Xllence Accounting in 2004. She specializes in tax strategy, financial aid planning, and small business support while maintaining QuickBooks ProAdvisor certification.
Questions
What accounting services do you offer?
We provide bookkeeping, tax preparation, financial reporting, accounts payable/receivable management, and QuickBooks support for individuals and businesses.
Do you assist with college financial aid processes?
Yes, we specialize in guiding families through college financial aid applications and related tax planning strategies.
Are you certified in QuickBooks software?
Yes, we are a certified QuickBooks Online ProAdvisor with expertise in setup, reconciliation, and financial reporting.
What areas do you serve?
We serve Peabody, Danvers, Salem, Beverly, Lynn, and surrounding Massachusetts communities including Boston Metro area.
How do you handle tax compliance?
We ensure accurate tax filings while maximizing deductions and minimizing audit risks through proactive planning and documentation.
Can you help with SBA loan applications?
Yes, we assist businesses with Economic Injury Disaster Loan Program applications and documentation requirements.
