Business Details
50+ Years
experience
Your Trusted Tax & Accounting Partner Since 1972
Since 1972, Nihan & Nihan has provided expert accounting and tax services to individuals, families, and small businesses in Woodstock and surrounding communities. Our family-owned firm combines decades of experience with certified professionals who prioritize client needs through personalized service and meticulous attention to detail. We specialize in tax preparation, payroll processing, financial statement compilation, and year-round tax planning to minimize liabilities and maximize opportunities. Our commitment to excellence is demonstrated through our use of modern technology for accurate reporting, transparent communication, and tailored financial solutions.With over 50 years of local service, we maintain a client-centric approach that values trust, reliability, and community relationships. Our team remains dedicated to staying current with evolving tax laws to ensure compliance while delivering the largest possible returns for clients. By offering flexible appointment scheduling and convenient document drop-off options, we strive to make financial management accessible and stress-free for all our clients.
Services
Tax Preparation
Bookkeeping
Payroll Services
Financial Statements
Tax Planning
Details
- Year established: 1972
Highlights and features
- We offer 50+ years of local accounting expertise with certified professionals
- Our personalized service includes year-round tax planning and compliance
- We use modern technology for accurate financial reporting and payroll processing
- We guarantee meticulous attention to detail in all tax filings and statements
- Our family-owned business prioritizes community relationships and client trust
Services
Tax Preparation
Our certified professionals handle individual and business tax preparation with meticulous attention to detail. We analyze all documentation to maximize refunds while ensuring compliance with federal and state regulations. Our year-round tax planning helps clients minimize liabilities and prepare for future obligations.
Bookkeeping
We provide comprehensive bookkeeping services including cash flow analysis, budget creation, and financial statement preparation. Our modern software solutions deliver real-time financial insights while maintaining accurate historical records for businesses and households.
Payroll Services
From weekly payroll calculations to quarterly tax filings, we manage complete payroll solutions for small businesses. Our services include W-2 and 1099 preparation, direct deposit processing, and compliance with employment tax regulations.
Financial Statements
We compile accurate financial statements including balance sheets, income statements, and cash flow reports. Our services support business decision-making through detailed analysis of financial performance and projections.
Tax Planning
Our proactive tax planning services help clients prepare for seasonal filings and long-term financial goals. We provide strategic advice on deductions, credits, and compliance requirements to optimize tax positions throughout the year.
Questions
What accounting services do you offer?
We provide bookkeeping, financial statements, cash flow analysis, budget creation, and payroll processing for businesses and individuals.
Do you handle business tax filings?
Yes, we prepare and file corporate tax returns, payroll tax reports, and business entity filings for LLCs, partnerships, and corporations.
How can I schedule an appointment?
Call us at 815-338-0053 during regular business hours to schedule your appointment with one of our certified professionals.
Are you available during tax season?
We offer extended hours during tax season and recommend scheduling appointments in advance for optimal availability.
Do you serve clients outside Woodstock?
Yes, we serve clients throughout McHenry County and surrounding areas in northern Illinois.