Business Details
46 Years
experience
Trusted Accounting and Tax Services in Hinsdale, IL
Since 1980, Patsavas & Patsavas has provided quality, personalized financial guidance to individuals and businesses in the greater Chicago area. Our expertise spans tax management, accounting, payroll services, financial statements, and strategic planning. As members of the American Institute of Certified Public Accountants, we participate in the AICPA Peer Review program, achieving the highest evaluation in every review since the program's inception. Our firm combines expertise, experience, and a team-oriented approach to deliver personalized service that meets each client's unique needs. We prioritize open communication to understand client goals, ensuring timely and accurate accounting information critical for business success. Our dedication to high standards and work ethic has earned the trust of the local business community, with clients returning year after year.We serve both individuals and businesses, offering comprehensive tax preparation, financial planning, and advisory services tailored to maximize deductions and ensure compliance. Our mission is to help clients maintain financial viability in the present while proactively addressing future goals through research and sound analysis. With decades of combined experience, our partners bring specialized knowledge in accounting, mathematics, physics, and nonprofit leadership to every engagement. Our commitment to excellence and professionalism has established us as a respected resource in the financial and business community.
Services
Tax Preparation
Business Accounting
Estate Planning
IRS Audit Representation
Financial Planning
Details
- Year established: 1980
Highlights and features
- We have over 40 years of experience providing accounting services in the Chicago area.
- Our team includes AICPA-certified professionals with rigorous peer-reviewed quality standards.
- We offer personalized service tailored to individual and business financial needs.
- Our proactive tax planning strategies maximize deductions while ensuring compliance.
- We combine technical expertise with a client-focused approach for actionable insights.
Associations and certifications
- American Institute of Certified Public Accountants
- AICPA Peer Review Program
Services
Tax Preparation
Comprehensive tax preparation services for individuals and businesses ensure compliance with evolving tax laws. Our team maximizes deductions and credits while minimizing liabilities. We handle complex filings including trusts, estates, and IRS audits.
Business Advisory
Strategic business advisory services focus on cash flow management, succession planning, and financial analysis. We provide tailored guidance for small businesses and corporations to enhance profitability and long-term sustainability.
IRS Audit Representation
Professional representation for IRS audits and tax disputes ensures discreet, efficient resolution of back taxes, liens, and wage garnishments. We negotiate payment plans and compromise offers to alleviate tax burdens.
Estate Planning
Estate planning services simplify trust administration and asset protection. Our experts address complex tax implications to safeguard personal assets and facilitate smooth intergenerational wealth transfer.
Small Business Accounting
Full-service accounting for small businesses includes payroll processing, financial statements, and compliance reporting. We offer part-time CFO services to streamline financial operations and support growth.
People
Christopher A. Patsavas
Partner
Certified Public Accountant with degrees in Accountancy, Mathematics, and Physics from University of Illinois. Former NASA engineer and current Palos Heights Fire District board chairman. Specializes in tax strategy and financial analysis.
James A. Patsavas
Partner
Business Administration graduate from Loyola University Chicago. Focuses on nonprofit advisory services and business succession planning. Active in community organizations and sports advocacy programs.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, cash flow management, and financial statements tailored to small business needs.
How can you help with IRS tax problems?
Our firm offers audit representation, payment plan negotiation, and resolution for tax liens, levies, and wage garnishments.
Do you provide estate planning assistance?
Yes, we handle trust administration, asset protection, and tax-efficient estate planning strategies.
Are you available for year-round tax planning?
We offer proactive tax planning services to maximize deductions and ensure compliance throughout the year.
What areas do you serve?
We primarily serve the greater Chicago area, including Hinsdale and surrounding communities.
