Business Details
Expert Accounting Services for Small Businesses
At Fraze & Company, CPAs & Company, CPAs, we specialize in delivering tailored accounting and tax strategies designed to meet the unique needs of small businesses. Our approach combines the expertise of a large CPA firm with the personalized service of a smaller practice, ensuring clients receive both professional rigor and individualized attention. With decades of combined experience, our team is committed to helping businesses navigate financial challenges, optimize tax planning, and achieve long-term growth. We prioritize understanding each client's specific goals, offering customized solutions that extend beyond traditional tax services to include year-round financial management. Our dedication to excellence is reflected in our responsive support, data-driven insights, and a client-centric philosophy that emphasizes transparency and trust.As a Service-Disabled Veteran-Owned Small Business, we bring a unique perspective and unwavering commitment to every engagement. Our multidisciplinary team, including professionals with legal and financial expertise, ensures comprehensive support across industries such as retail, transportation, agriculture, and nonprofit organizations. We strive to empower business owners with the tools and knowledge needed to make informed financial decisions, improve profitability, and seize growth opportunities. Our services are structured to provide clarity, reduce tax liabilities, and foster sustainable business development. By maintaining a deep understanding of evolving financial regulations and industry trends, we position ourselves as a reliable partner in our clients' success.
Services
Small Business Accounting
QuickBooks Services
Payroll Services
Tax Planning
Tax Preparation
Audit Services
Business Consulting
Incorporation Services
Highlights and features
- We offer 20+ years of combined experience in small business accounting and tax strategy.
- Our personalized approach ensures solutions tailored to your business's unique needs.
- Service-Disabled Veteran-Owned designation provides access to VA contracting opportunities.
- Multi-location support across Illinois and Missouri with local market expertise.
- Team includes professionals with legal and financial credentials for holistic advisory.
Services
Small Business Accounting
Our Small Business Accounting service provides year-round financial management tailored to your company's unique needs. We handle bookkeeping, cash flow monitoring, and expense tracking while designing strategies to reduce tax liabilities. This service combines the professionalism of a large CPA firm with personalized attention, ensuring data-driven insights that support growth and profitability for businesses across industries like retail, agriculture, and transportation.
Tax Planning
Our Tax Planning service focuses on proactive strategies to minimize liabilities while ensuring compliance. We analyze your business structure, industry-specific deductions, and available credits to create customized plans. With expertise in small business taxation and access to specialized programs like VA contracting opportunities, we help clients optimize financial outcomes through strategic timing of expenses and income recognition throughout the fiscal year.
Payroll Services
Our Payroll Services ensure accurate and timely employee compensation processing while maintaining tax compliance. We handle wage calculations, tax withholdings, and regulatory filings across multiple jurisdictions. This service integrates with broader accounting functions to streamline financial reporting, reduce administrative burdens, and maintain precise records that support year-end tax preparation for businesses of varying sizes and industries.
Business Consulting
Business Consulting at Fraze & Company, CPAs & Company, CPAs offers strategic guidance beyond traditional accounting. We analyze financial performance, assess operational efficiency, and identify growth opportunities tailored to your industry. Our consultants provide actionable insights on cash flow optimization, tax-efficient structures, and compliance frameworks, leveraging combined expertise in accounting and legal disciplines to support informed decision-making for sustainable business development.
Audit Services
Our Audit Services provide independent examination of financial statements to ensure accuracy and regulatory compliance. We conduct thorough assessments of accounting records, internal controls, and financial processes across industries. This service helps businesses strengthen credibility with stakeholders, identify operational improvements, and maintain transparency while adhering to professional standards and industry-specific requirements for both private and nonprofit organizations.
People
Larry Fraze
Founder & CPA
Larry Fraze & Company, CPAs & Company, CPAs is a Marine Corps veteran, Certified Public Accountant, and attorney with over 23 years of experience. He founded Fraze & Company, CPAs & Company, CPAs after working in public and private accounting, bringing legal expertise to financial strategy. He specializes in mergers and acquisitions, nonprofit governance, and tax optimization for small businesses.
Marvina Fraze
Account Management Lead
Marvina Fraze & Company, CPAs & Company, CPAs is a finance professional with a summa cum laude degree from Texas A&M University. As a CFA candidate, she leads account management at Fraze & Company, CPAs & Company, CPAs. Her entrepreneurial background includes founding a successful urban farm supplying Michelin-starred restaurants, bringing practical business insights to client service coordination and project management.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive small business accounting including bookkeeping, cash flow management, tax planning, payroll processing, audit services, and financial consulting tailored to your industry needs.
Are you specialized in any particular industries?
We serve diverse sectors including retail, transportation, agriculture/farming, nonprofit organizations, medical practices, and law firms with customized accounting solutions that address industry-specific challenges.
What makes your firm different from other accounting services?
We combine large-firm expertise with personalized service, led by a Service-Disabled Veteran-Owned team that includes professionals with both CPA and legal credentials for holistic financial guidance.
Do you offer tax planning throughout the year?
Yes, we provide year-round tax planning strategies to minimize liabilities, including analysis of business structure, industry-specific deductions, and specialized programs like VA contracting opportunities.
Can you help with business incorporation and setup?
We offer incorporation services including entity selection, registration assistance, and tax strategy development to establish your business with optimal financial foundations and compliance frameworks.
What locations do you serve?
We operate from four Illinois locations (Ottawa, Naperville, Oak Forest) and St. Louis, Missouri, serving clients statewide with both in-person and virtual accounting solutions.