Business Details
29 Years
experience
Trusted Tax Planning & Accounting Services for Small Businesses in Chicago
At 1st Chicago Accounting, we specialize in transforming the financial landscape for small business owners through strategic tax planning and accounting solutions. Our approach is built on decades of experience, having served clients across diverse industries including healthcare, legal, and oncology practices. We pioneered a system that requires just 10 minutes of your time weekly while delivering substantial tax savingsaveraging $30,000 annually for our clients. Unlike traditional firms overwhelmed during tax season, we exclusively focus on small businesses, ensuring personalized attention from certified CPAs who understand the nuances of maximizing profitability. Our team brings Fortune 500 financial expertise to small enterprises, demonstrated by success stories like rescuing a $10 million oncology practice from bankruptcy and doubling a chiropractors income within a year.We emphasize proactive tax planning, offering services like cash flow management, budget analysis, and weekly profit-and-loss reporting to empower data-driven decisions. Our founder, Brad Filmanowicz, combines CPA credentials with an MBA and hands-on experience from corporations like Sara Lee to deliver systems that convert sales-driven businesses into profit-driven powerhouses. With a commitment to transparency, we guarantee on-time filings, no hidden fees, and educational resources including our book *Profits Driven* and free tax-saving video series.
Services
Tax Planning
Bookkeeping
CFO Services
IRS Tax Resolution
Payroll Services
Details
- Year established: 1997
Highlights and features
- We save small business owners $30,000+ annually through proactive tax planning.
- Each client receives a dedicated CPA with Fortune 500 financial expertise.
- Proven success rescuing businesses from bankruptcy and doubling incomes.
- Our 10-minute weekly system streamlines financial management for busy owners.
- Transparent pricing with no hidden fees or last-minute tax extensions.
What people say
Saved $112,000 in taxes
Doubled income in 12 months
Proactive tax planning
Expert CPA guidance
Transparent process
Services
Tax Planning
Our tax planning service identifies legal strategies to reduce annual tax liability by an average of $30,000. We create customized plans, analyze deductions, and implement year-round strategies to maximize savings. Clients receive detailed reports and guidance to optimize financial decisions while ensuring compliance with evolving tax codes.
CFO Services
Our CFO services provide small businesses with Fortune 500-level financial expertise, including cash flow management, budget analysis, and weekly profit-and-loss reporting. We help owners identify inefficiencies, streamline operations, and develop data-driven strategies to boost profitability and long-term growth.
Bookkeeping
We offer streamlined bookkeeping solutions to maintain accurate financial records, including transaction categorization, monthly statements, and real-time dashboard reporting. Our system ensures businesses can track performance metrics and make informed decisions with minimal time investment.
IRS Tax Resolution
Our IRS tax resolution service addresses back taxes, payment plans, and penalty abatements. We negotiate with the IRS on behalf of clients, develop repayment strategies, and implement systems to prevent future compliance issues while protecting business assets.
Payroll Services
Our low-cost payroll system automates employee payments, tax withholdings, and regulatory filings. We ensure compliance with federal and state requirements while integrating payroll data into broader financial reporting for accurate profit analysis.
People
Brad Filmanowicz
CPA, MBA, EA
Brad Filmanowicz is a certified public accountant and author of *Profits Driven*, with over 25 years of experience advising small businesses. He developed systems to transform sales-driven companies into profit-focused enterprises, leveraging expertise from Fortune 500 financial roles.
Questions
How much can I save with your tax planning services?
Clients typically save $30,000+ annually through customized strategies, with one client saving $113,000 in 2017.
What sets your accounting firm apart from others?
We exclusively serve small businesses, provide dedicated CPAs, and guarantee on-time filings with no hidden fees.
Do you offer CFO services for small businesses?
Yes, our CFO services deliver Fortune 500 financial expertise, including budget analysis and cash flow management, tailored to small enterprises.
Can you help with IRS tax issues?
We resolve back taxes, payment plans, and penalties while implementing systems to prevent future compliance problems.
How do you handle bookkeeping for small businesses?
We use automated systems for transaction tracking, monthly statements, and real-time dashboards requiring just 10 minutes weekly.
What industries do you specialize in?
We serve diverse sectors including healthcare, legal, and professional services, with expertise in rescuing struggling practices.
Videos
