Business Details
50+ Years
experience
Trusted CPA Services in Orland Park, IL
Established in 1975, American Accounting Associates has served as a trusted Orland Park CPA firm dedicated to empowering small businesses and individuals through comprehensive financial solutions. Our expertise spans accounting, tax planning, payroll services, and business consulting, with a focus on personalized guidance tailored to each client's unique needs. With over 50 years of combined experience, our team prioritizes building long-term relationships while delivering accurate financial reporting, strategic tax-saving techniques, and proactive advisory services. We specialize in simplifying complex financial matters for clients across diverse industries, including manufacturing, retail, healthcare, and real estate.Our commitment to year-round tax planning ensures clients minimize liabilities while maximizing profitability. As a locally rooted firm, we combine deep community knowledge with technical proficiency to serve businesses throughout Orland Park and surrounding areas. Our services extend beyond traditional accounting to include entity selection, succession planning, IRS representation, and operational consulting. By handling financial complexities, we enable business owners to focus on growth while maintaining compliance and financial clarity. This client-centric approach has fostered enduring relationships and consistent growth since our founding.
Services
Accounting Services
Tax Planning
Payroll Processing
Business Consulting
Incorporation Services
IRS Representation
QuickBooks Support
Entity Selection
Succession Planning
Financial Projections
Details
- Year established: 1975
Highlights and features
- Over 50 years of combined accounting expertise serving Orland Park businesses
- Personalized service with dedicated payroll specialists and CPAs
- Proven IRS representation and tax resolution capabilities
- Comprehensive solutions from incorporation to succession planning
- Deep local market knowledge across multiple industries
What people say
Personalized service
Expertise
Timely solutions
Knowledgeable CPAs
Reliable support
Services
Accounting Services
Our comprehensive accounting services provide accurate financial reporting and record-keeping for small businesses. We maintain precise records of income, expenses, and financial transactions while generating monthly financial statements to track business performance. Our CPA-led team ensures compliance with accounting standards and provides actionable insights to improve financial decision-making for businesses in Orland Park and surrounding areas.
Tax Planning
We develop customized tax planning strategies to minimize liabilities and maximize savings throughout the year. Our CPAs stay current with changing tax regulations to identify deductions, credits, and structuring opportunities that benefit businesses and individuals. This proactive approach helps clients optimize tax outcomes while maintaining compliance with federal, state, and local tax requirements.
Payroll Processing
Our payroll solutions handle employee payments, tax filings, and compliance requirements with precision. We process payroll accurately, prepare W-2s and 1099s, and ensure timely submission of federal and state tax deposits. This service eliminates administrative burdens for business owners while reducing the risk of costly payroll tax penalties through expert management.
Business Consulting
We provide strategic business consulting to improve profitability and operational efficiency. Our services include financial analysis, budgeting, cash flow management, and operational reviews to identify growth opportunities. By combining accounting expertise with industry knowledge, we help businesses develop data-driven strategies for sustainable growth and improved financial performance.
Incorporation Services
We streamline business incorporation processes with entity selection and formation services. Our CPAs help clients choose optimal business structures (LLC, corporation, etc.) based on tax implications and operational needs. We handle formation documentation, name availability checks, and state filings to establish businesses efficiently while providing ongoing compliance guidance.
People
William Rudd Jr.
CEO, CPA
William Rudd Jr. has provided accounting services to small businesses since 1989. He specializes in tax advisory services, bookkeeping, and corporate tax returns while leading the firm's strategic direction. With expertise across multiple industries, he focuses on building long-term client relationships through personalized financial guidance.
William Rudd Sr.
Founder
William Rudd Sr. established the firm in 1975 with a vision to support small business success. He built a reputation for trusted financial counsel before passing leadership to his son in 2021. His legacy continues through the firm's commitment to personalized accounting services and community-focused business support.
Karen Sharpe
CEO, CPA
Karen Sharpe serves as a CPA and executive leader at American Accounting Associates. She contributes expertise in financial management and strategic planning while overseeing service delivery for business clients. Her leadership focuses on maintaining the firm's standards of excellence in accounting and tax services.
Richard Muloney
CPA
Richard Muloney provides professional accounting services with a focus on tax compliance and financial reporting. He works closely with clients to ensure accurate record-keeping and regulatory compliance while delivering actionable financial insights to support business decision-making.
Ali Kikimono
Associate
Ali Kikimono supports accounting operations as an associate professional. He assists with bookkeeping, tax preparation, and client service initiatives while developing expertise across various accounting disciplines under senior team members' guidance.
Questions
What accounting services do you offer for small businesses?
We provide full-cycle accounting services including bookkeeping, financial statement preparation, budgeting, cash flow management, and QuickBooks support tailored to small business needs.
How can tax planning benefit my business?
Our proactive tax planning identifies year-round strategies to minimize tax liabilities, maximize deductions, and optimize business structure for improved profitability and compliance.
Do you handle payroll processing for local businesses?
Yes, we manage complete payroll services including employee payments, tax filings, W-2/1099 preparation, and compliance with federal and state payroll regulations.
Can you help with business formation in Illinois?
We provide incorporation services including entity selection, state filings, and compliance guidance to establish new businesses efficiently in Illinois and other states.
What's included in your free initial consultation?
The free consultation covers your financial needs assessment, service options review, and personalized recommendations for accounting, tax, or business consulting matters.
How do you handle IRS tax problems?
Our firm represents clients in IRS matters including audit resolution, tax debt negotiation, and compliance solutions to resolve tax issues effectively and efficiently.
