Business Details
46 Years
experience
Your Trusted Partner for Accounting and Financial Services
Since 1980, Jeffrey W. Krol & Associates has provided quality financial guidance to individuals and businesses. Our expertise spans tax management, accounting services, audits, financial statements, and strategic planning. As one of the leading firms in the Chicago area, we combine decades of experience with a team-oriented approach to deliver personalized attention to every client. Our dedication to high standards, seasoned tax professionals, and work ethic have earned us a loyal client base and respect within the financial community.We prioritize open communication to understand client needs through research and sound analysis, maintaining financial viability in the present while proactively achieving future goals. Our commitment to professionalism, responsiveness, and quality ensures clients receive timely, competent advice tailored to their unique circumstances.
Services
Personal Financial Planning
Retirement Planning
Small Business Accounting
Part-Time CFO Services
Audits
Forensic Accounting
Tax Services
QuickBooks Services
Business Advisory
Tax Relief
Details
- Year established: 1980
Highlights and features
- We have over 40 years of experience in accounting and financial planning.
- Our team provides personalized service tailored to individual client needs.
- We offer comprehensive services spanning tax preparation to forensic accounting.
- Our dedication to high standards ensures accurate and reliable financial guidance.
- We serve clients in Chicago and nationwide with local expertise and national reach.
Services
Personal Financial Planning
Our personal financial planning service helps clients achieve financial independence through tailored strategies. We analyze investment portfolios, evaluate tax implications, and create retirement income plans. With expertise in estate planning and risk assessment, we ensure clients meet long-term goals while preserving wealth for future generations.
Forensic Accounting
Our forensic accounting team uncovers financial discrepancies through detailed records analysis and system evaluations. We investigate fraud, embezzlement, and financial reporting irregularities while identifying process weaknesses. Clients receive actionable insights to detect and prevent financial crimes effectively.
Small Business Accounting
We provide comprehensive accounting solutions for small businesses, including financial reporting, cash flow management, and tax compliance. Our services include budget preparation, internal controls implementation, and strategic tax planning to improve profitability and financial decision-making.
Tax Services
Our tax services cover individual and business tax preparation, IRS audit representation, and tax relief solutions. We specialize in resolving back taxes, payroll tax issues, and IRS liens while ensuring compliance with federal and state regulations.
Part-Time CFO Services
We offer cost-effective CFO services for businesses needing expert financial guidance. Our team provides financial forecasting, cash flow analysis, and strategic tax planning to support informed decision-making and long-term business growth.
Questions
What accounting services do you offer for small businesses?
We provide small business accounting, financial reporting, cash flow management, and strategic tax planning tailored to your business needs.
Do you help with IRS tax issues?
Yes, we offer IRS audit representation, tax relief solutions, and assistance with back taxes, liens, and payroll tax problems.
Can you assist with QuickBooks setup and training?
We offer QuickBooks setup, training, and system optimization to streamline your accounting processes and improve financial management.
What is included in your retirement planning service?
Our retirement planning includes budget analysis, Social Security optimization, investment strategy reviews, and personalized distribution plans to ensure financial security.
Do you provide forensic accounting for fraud investigations?
Yes, our forensic accounting team investigates financial discrepancies, fraud, and embezzlement while identifying process improvements to prevent future issues.
