Business Details
16 Years
experience
Trusted Accounting & Tax Services in Washington, IL
At Phillips Selmi & Associates, we provide efficient and insightful accounting services to build stable financial foundations for individuals and businesses. Our team is dedicated to helping clients achieve professional and personal goals while ensuring compliance with IRS regulations. We deliver quality accounting, bookkeeping, and tax solutions tailored to individual needs, treating every client with dignity and thoroughly addressing their questions. With offices in Washington and Springfield, Illinois, we combine experience with a deep understanding of tax laws to help clients navigate financial challenges.Our commitment to personalized service and staying current with regulatory changes enables us to offer reliable guidance year-round. We prioritize client relationships, offering proactive support to help businesses adapt to market and tax law changes while maximizing savings and minimizing liabilities.
Services
Tax Advisory
Small Business Accounting
Consulting
Audit Services
QuickBooks Support
Details
- Year established: 2010
Highlights and features
- We offer personalized accounting services tailored to your unique financial goals.
- Our team has over a decade of experience serving diverse industries since 2010.
- We specialize in QuickBooks setup, training, and optimization for small businesses.
- Our CPAs provide proactive tax compliance guidance and year-round support.
- We combine technical expertise with clear communication to simplify complex financial matters.
Associations and certifications
- Private Company Practice Section of the AICPA
What people say
Well-regarded firm
Personal and professional attention
Professional and responsive
Quality service
Cookie-cutter approach avoided
Services
Tax Advisory
Our tax advisory services provide strategic guidance to help businesses and individuals navigate complex tax regulations. We focus on maximizing savings through legal deductions while ensuring compliance with federal, state, and local tax laws. Clients receive proactive support for year-round tax planning and reporting.
Small Business Accounting
We offer comprehensive accounting solutions for small businesses, including general ledger maintenance, financial statement preparation, and payroll processing. Our services ensure accurate financial records to support informed decision-making and business growth.
Consulting
Our consulting services help clients optimize financial operations through entity selection, financial forecasting, and process improvements. We provide tailored strategies to enhance efficiency, control costs, and adapt to changing business environments.
Audit Services
We conduct audits and assurance engagements to verify financial accuracy and compliance. Our approach combines technical expertise with clear communication to deliver actionable insights that improve organizational performance and accountability.
QuickBooks Support
Our QuickBooks specialists offer setup, training, and ongoing support to help businesses maximize their accounting software. We ensure proper implementation and provide monthly reviews to maintain accurate financial records and reporting.
People
Lori R. Salmi
Managing Member
Lori R. Salmi, CPA, co-founder of Phillips Selmi & Associates, brings extensive accounting expertise to our firm. She focuses on delivering quality client service and maintaining high professional standards.
Aaron Phillips
Managing Member
Aaron Phillips, CPA, co-founder of Phillips Selmi & Associates, specializes in tax compliance and advisory services. He prioritizes personalized client relationships and proactive financial guidance for business success.
Greta Belsly
Small Business Consultant
Greta Belsly provides specialized consulting services for small businesses, focusing on operational efficiency and financial process optimization. Her approach combines practical solutions with technical accounting knowledge to support client growth.
Valerie Fitzgerald
Senior Tax Manager
Valerie Fitzgerald, CPA, oversees tax compliance and planning strategies for individuals and businesses. She ensures clients receive accurate, up-to-date guidance to navigate complex tax regulations effectively.
Tom Burroughs
Senior Audit Manager
Tom Burroughs leads audit engagements with a focus on accuracy and regulatory compliance. His expertise ensures clients receive reliable financial assessments and actionable recommendations for improved organizational performance.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial statement preparation, payroll processing, and QuickBooks support tailored to small business needs.
How do you help clients with tax compliance?
Our CPAs offer year-round tax planning, filing assistance, and regulatory guidance to ensure compliance with federal, state, and local tax laws.
Can you assist with business succession planning?
Yes, we provide consulting services for business succession strategies, including entity restructuring and transition planning.
Do you work with clients outside Washington, IL?
While based in Washington, we serve clients throughout Illinois, including Springfield and surrounding areas.
How do you handle QuickBooks implementation?
Our specialists provide setup, training, and monthly reviews to ensure accurate financial tracking and optimal software use.
What industries do you specialize in?
We serve diverse sectors including healthcare, manufacturing, real estate, nonprofits, and government agencies across Illinois.
