Small Business
Accounting Made Easy

Accounting, software & financial management
services designed to help make your job easier.

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Solutions Designed to Help Your Business Run More Efficiently

Accountant in Schaumburg

Accounting

Whether you require monthly, quarterly or annual accounting support we will work with you to ensure your financial needs are being addressed and your goals are being achieved.

Bookkeeping

Bookkeeping

Reduce your overhead by outsourcing your bookkeeping needs. We will handle this critical but time-consuming function on-site or off-site.

Payroll Solutions

Payroll

We eliminate the need for a full-time payroll specialist by taking care of all the time-consuming administrative tasks, including check processing, direct deposit, W-2 processing, and payroll tax filing.

QuickBooks

QuickBooks

We are QuickBooks ProAdvisors meaning we can help you not only setup QuickBooks, but train you and provide ongoing assistance as needed.

Kind Words From Our Clients

“We were in desperate need of professional accounting and accounting software assistance. Susan Mairo, CPA was easy to speak with, informative and patient. Every time or anytime we needed help, or had a question(s) her firm has been there for us, which is impressive and very satisfying. Their recommendations to our company have had an immediate impact on operations and our taxes and finances.” Bob Carlson

President, Pearl Design Group, LLC

Recent Blog Posts

Illinois Income Tax Update

As you have heard, the Illinois legislators passed an income tax hike earlier this month which is effective July 1, 2017.  What does this mean for you? Illinois income tax rates increased from 3.75 percent to 4.95 percent for individuals, trusts and estates. Beginning with tax year 2017, individuals filing married filing joint returns with income exceeding $500,000 and $250,000 for all other returns may not claim the following: Personal exemption allowance K-12 Education Expense Credit Property Tax Credit Corporate tax rates (excluding S Corporations) increased from 5.25 percent to 7 percent. Beginning with tax year 2018, the Domestic Production Activities Deduction allowed from profitable corporations and partnerships which flow to your federal tax returns must be added back to income on the Illinois tax returns. This income tax rate hike means paying an extra $12 on each $1,000 of income.   However, if you earn at least $501,000 as a married couple, your tax hike is more as you lose the personal allowances and above-mentioned credits. You can minimize your tax liability by saving more in your 401(k)s, IRAs and business retirement accounts.  Retirement income is not taxable in Illinois as of yet.  You can also minimize your tax liability by saving money for your kids’ college education in one of Illinois two 529 college savings plans.  However, another state’s 529 college savings plan is not deductible.  You will not ever pay taxes on monies contributed to Illinois 529 accounts or its earnings if the funds pay for college. If you would like to learn more about this tax strategy, please call Susan at... read more