Business Details
Your Trusted Accounting Partner in Washington, IL
At Phillips Selmi & Associates, we provide efficient and insightful accounting services to build stable financial foundations for individuals and businesses. Our team combines deep expertise in tax regulations with a commitment to personalized service, ensuring clients achieve professional and personal financial goals while maintaining compliance with IRS requirements. With decades of combined experience, our CPAs deliver precise bookkeeping, payroll management, and tax solutions tailored to unique client needs.We prioritize client education, empowering business owners with actionable insights to navigate tax law changes and grow sustainably. Our dedication to quality is reflected in our peer-reviewed processes and long-standing reputation for reliability, transparency, and exceptional client care.
Services
Tax Advisory
Small Business Services
Consulting Services
Bookkeeping
Payroll Processing
QuickBooks Services
Auditing
Reviews
Compilations
Business Succession Planning
Highlights and features
- We offer personalized accounting services tailored to your unique financial goals.
- Our team includes experienced CPAs with deep expertise in tax compliance.
- We prioritize proactive tax planning to maximize savings and minimize liabilities.
- We provide year-round support for business and individual financial needs.
- Our client-centric approach ensures clear communication and transparent processes.
What people say
Well-regarded firm
Close personal attention
Professional and responsive
Quality service
Reliable help
Services
Tax Advisory
Our tax advisory services provide strategic guidance to individuals and businesses navigating complex tax regulations. We help clients maximize savings through legal deductions, ensure compliance with evolving tax laws, and develop long-term financial strategies. Our CPAs deliver customized solutions that align with your specific business or personal financial goals.
Small Business Services
We offer comprehensive accounting solutions for small businesses, including bookkeeping, payroll processing, and financial reporting. Our services help entrepreneurs maintain accurate records, manage cash flow effectively, and make informed business decisions. We adapt our support to match your business's growth stage and industry requirements.
Consulting Services
Our consulting services focus on improving business efficiency through entity selection, financial projections, and process optimization. We work closely with clients to develop growth strategies, implement accounting software solutions, and navigate business transitions. Our advisory approach combines technical expertise with practical business insights.
Auditing
We conduct thorough financial audits and assurance services to verify the accuracy of financial statements. Our audit process identifies opportunities for improvement while ensuring compliance with accounting standards. Services include full audits, reviews, and compilations tailored to organizational needs.
QuickBooks Services
Our QuickBooks specialists provide setup, training, and ongoing support to optimize accounting workflows. We help businesses implement efficient bookkeeping systems and maintain accurate financial records. Our services ensure clients maximize software capabilities for better financial management and reporting.
People
Lori R. Salmi
CPA
Lori R. Salmi brings extensive accounting expertise to our firm, specializing in tax compliance and financial planning for individuals and businesses.
Aaron Phillips
CPA
Aaron Phillips focuses on small business accounting and tax advisory services, helping clients navigate regulatory requirements and financial challenges.
Greta Belsly
Staff Accountant
Greta Belsly provides dedicated support to our clients, specializing in payroll processing and day-to-day accounting operations for small businesses.
Valerie Fitzgerald
CPA
Valerie Fitzgerald contributes her expertise in financial reporting and tax preparation, ensuring clients receive accurate and timely accounting solutions.
Tom Burroughs
Accounting Professional
Tom Burroughs supports our team with experience in bookkeeping and financial statement preparation for diverse business clients.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, financial reporting, and QuickBooks support tailored to small business needs.
Do you handle both individual and business tax services?
Yes, we offer comprehensive tax preparation and planning services for both individuals and businesses.
Can you help with business succession planning?
Our consulting services include strategic business succession planning to ensure smooth ownership transitions.
Are your CPAs available year-round for consultations?
We provide ongoing support throughout the year for tax and accounting questions.
What areas do you serve?
We primarily serve Washington, Springfield, and surrounding areas in Central Illinois.
How do you tailor services to individual client needs?
We conduct initial consultations to understand your specific financial situation and goals before creating customized solutions.
