The 7 Best Accountants in Chicago

Finding the right accountant can make a significant difference in managing your finances effectively. Whether you’re a business owner, an individual planning for retirement, or someone navigating tax complexities, a skilled accountant is essential. In this guide, we explore the 7 Best Accountants in Chicago, highlighting experts who can help you achieve financial clarity and success.

When selecting an accountant in Chicago, there are several services to consider:

Tax Preparation and Planning
Bookkeeping and Financial Record Maintenance
Audit Support and Assurance Services
Business Consulting and Strategy Planning
Payroll Services and Management
Financial Analysis and Reporting
Estate and Retirement Planning

Key aspects to consider when choosing an accountant include:

Experience and Expertise in Your Industry
Understanding of Current Tax Laws and Regulations
Reputation and Client Reviews
Availability and Communication Skills
Transparent Pricing Structures, typically ranging from $100 to $500 per hour
Use of Modern Technology and Software

This guide will help you navigate the options and find an accountant who aligns with your financial goals and needs.

1. Park West
2. Chicagoland CPAs
3. Torres & Associates Inc

4. Accounting & Tax Processor Inc
5. Latin Accounting & Finance
6. True Tax Service
7. Taxes on the Go

Number of companies

1415

Verified reviews

4,74

Average rating

(773)9291322

1. Park West

★ ★ ★ ★ ★ 4,5/5

322 W Armitage Ave, 60614.0, Chicago

Auditorium
Concert hall
Event venue
Performing arts theater

Why we chose them

Park West is a distinguished venue in Chicago, offering a rich blend of history and modern entertainment. Originally built in 1916 for movies and vaudeville, its unique diamond-shaped interior sets it apart as a historic gem in the vibrant Lincoln Park neighborhood. Having transitioned into a live concert hall in the late 1970s, it has hosted numerous renowned artists, establishing itself as one of the city’s premier concert venues. The venue’s multifaceted offerings include an auditorium, concert hall, event venue, and performing arts theater, making it a versatile space for both cultural and corporate events.

With a sterling reputation as one of Chicago’s best-equipped multimedia facilities, Park West is a sought-after location for corporate meetings and special events. It regularly features a diverse array of performances, from comedy specials to concerts, catering to varied tastes and age groups. The venue’s commitment to accessibility and convenience is reflected in their digital ticketing system via AXS Mobile ID, ensuring a seamless experience for attendees. This combination of historical significance and modern amenities makes it a standout choice for entertainment in Chicago.

(773)9304503

2. Chicagoland CPAs

★ ★ ★ ★ ★ 4,9/5

5519 N Cumberland Ave Ste 1003, 60656.0, Chicago

Accountant

Why we chose them

Chicagoland CPAs stands out as a premier accounting and tax firm based in Chicago, renowned for its comprehensive array of services, including tax preparation, bookkeeping, payroll, and financial consulting. With a dedicated team of certified public accountants, the firm offers personalized solutions tailored to meet the financial needs of individuals, small businesses, and corporations. Their expertise extends across various industries, such as hi-tech, construction, law firms, and hospitality, ensuring clients receive industry-specific guidance. By staying updated on the latest accounting and tax laws, they actively engage in efficient financial management to help clients achieve their financial goals.

The firm’s commitment to excellence is evident in their wide range of services, from QuickBooks support and monthly financial reporting to advanced systems integration and multi-state job-costing assistance. Offering a free initial consultation, they cater to both new and existing clients with customized strategies and solutions. Chicagoland CPAs’ holistic approach to accounting and tax services makes them a preferred choice in the Chicago area for anyone seeking reliable financial expertise. Their dedication to superior service, backed by years of industry experience since 1994, positions them as a trusted partner in navigating complex financial landscapes.

(773)5425055

3. Torres & Associates Inc

★ ★ ★ ★ ★ 4,2/5

4143 W 26th St, 60623.0, Chicago

Accountant

Why we chose them

Torres & Associates Inc., founded by Juan Jose Torres in 1980, stands as a testament to the power of familial inspiration and community commitment. Juan’s journey from Mexico City to the United States in 1969 set the foundation for this esteemed accounting firm. Influenced by a lineage of accountants within his family, Juan pursued a Bachelor of Science in Accounting from the University of Illinois Chicago (UIC). This strong educational background, combined with his passion for numbers and a desire to give back, led him to establish his firm in the heart of Little Village, Chicago, a community he holds dear.

The company offers exceptional accounting services, driven by Juan’s vision of excellence and personalized client care. The firm’s roots in family values and community engagement make it a unique and respected choice in the industry. By choosing to feature this company in our directory, we highlight its dedication to providing top-tier financial guidance while remaining deeply connected to its cultural and geographical roots. This blend of professional expertise and heartfelt community service makes it a standout establishment worthy of recognition.

(312)7789407

4. Accounting & Tax Processor Inc

★ ★ ★ ★ ★ 5,0/5

3124 W Devon Ave, 60659.0, Chicago

Accountant
Bookkeeping service
Payroll service

Why we chose them

Accounting & Tax Processor Inc. has been a trusted partner in financial services for over eight years, diligently serving the community with a team of experienced Enrolled Agents. Specializing in a wide array of services, the company offers comprehensive support in accounting, bookkeeping, and payroll, catering specifically to small and midsize businesses. Known for their personalized approach, they provide expert assistance with personal and business tax returns, including complex tax resolution services and sales tax management for retail businesses.

Beyond traditional accounting services, the company extends its expertise to business start-ups, ensuring new ventures have a solid financial foundation. They also offer additional services such as notary public, trucking tax and compliance services, and business compliance assistance, making them a versatile choice for diverse financial needs. Committed to excellence, the company continuously adapts to meet the evolving demands of its clients, making it a standout selection for our directory.

(312)6868661

5. Latin Accounting & Finance

★ ★ ★ ★ ★ 4,8/5

5524 W Belmont Ave, 60641.0, Chicago

Accounting firm

Why we chose them

Latin Accounting & Finance stands out as a distinguished firm with over 20 years of experience in corporate taxes, accounting, and payroll services. Known for their exceptional service and fair pricing, they also offer expertise in personal tax preparation. The company prides itself on being an integral part of their clients’ business operations, providing comprehensive fiscal, legal, and financial support. Their commitment to understanding and addressing the immediate needs of clients ensures that businesses grow efficiently and transparently.

Their website emphasizes their dedication to client satisfaction, highlighting how they serve as an extension of the businesses they support. With a focus on delivering immediate and effective assistance, they ensure clients have all necessary resources in one convenient location. Their extensive experience and client-first approach make them a trusted partner for businesses seeking reliable and expert financial services.

(773)8214840

6. True Tax Service

★ ★ ★ ★ ★ 5,0/5

10807 S Michigan Ave, 60628.0, Chicago

Accountant

Why we chose them

True Tax Service is a dynamic accounting firm dedicated to providing affordable and reliable income tax preparation services. Emphasizing the importance of community, they offer a comprehensive range of services designed to meet the diverse needs of individuals and businesses. From handling your current or past income tax returns to strategic tax planning, True Tax Service ensures that clients receive personalized attention to achieve their financial goals. Known for their free income tax consultations, they stand out by helping clients avoid high fees, making tax preparation accessible and stress-free.

Specializing in small business services, True Tax Service manages daily transactions through bookkeeping, payroll, and tax management. Their expertise extends to payables and receivables, ensuring efficient management of supplier and customer invoices. As a serial entrepreneur, the firm’s founder brings a wealth of experience and insight, supporting growth through precise reporting and advice. Clients can also benefit from cash advance services, demonstrating the firm’s commitment to meeting immediate financial needs. With a solid reputation backed by client testimonials, True Tax Service is a trusted partner in financial success.

(773)2496673

7. Taxes on the Go

★ ★ ★ ★ ★ 4,8/5

5102 S Archer Ave, 60632.0, Chicago

Accountant
Notary public

Why we chose them

Taxes On The Go stands out in the financial services industry for its commitment to convenience and professionalism. Specializing in accountant services, they streamline financial management for individuals and businesses, ensuring efficient and accurate tax preparation. Their expertise in financial regulations and personalized approach makes them an ideal choice for anyone seeking reliable accounting support.

In addition to accounting, the company provides notary public services, further enhancing its suite of offerings. This dual capability allows clients to handle multiple administrative tasks under one roof, saving time and effort. The comprehensive services and dedication to client satisfaction are key reasons we included them in our directory.

FAQs

What services do accountants in Chicago typically offer?

Accountants in Chicago offer a range of services including tax preparation and planning, bookkeeping, audit support, business consulting, payroll management, financial analysis, and estate and retirement planning.

How do I choose the right accountant in Chicago?

When selecting an accountant, consider their experience in your industry, understanding of current tax laws, reputation and client reviews, communication skills, pricing structure, and use of modern technology.

What is the average cost of hiring an accountant in Chicago?

The cost of hiring an accountant in Chicago typically ranges from €90 to €450 per hour, depending on the complexity of the services required.

How long does it usually take for an accountant to prepare my taxes?

The time it takes to prepare taxes can vary, but most accountants can complete the process in a few days to a couple of weeks, depending on the complexity of your financial situation.

What should I bring to my first meeting with an accountant?

Bring financial documents such as previous tax returns, income statements, expense records, and any relevant financial information to your first meeting with an accountant.

Can accountants help with financial planning for retirement?

Yes, many accountants offer estate and retirement planning services to help you prepare for your financial future and ensure that you have a solid plan in place.

Is it necessary for an accountant to have experience in my specific industry?

While not strictly necessary, having an accountant with experience in your specific industry can be beneficial as they will be more familiar with industry-specific regulations and financial challenges.

How can I verify the reputation of an accountant in Chicago?

You can verify an accountant's reputation by checking online reviews, asking for client references, and ensuring they have the necessary certifications and memberships in professional accounting organizations.