Business Details
50+ Years
experience
Certified Tax & Accounting Services in Woodstock
Since 1972, Nihan & Nihan has provided expert tax preparation, accounting, and bookkeeping services to individuals and small businesses in Woodstock and surrounding communities. Our certified team combines decades of experience with personalized attention, ensuring accurate filings and strategic financial guidance. We specialize in tax planning, payroll processing, financial statement preparation, and cash flow analysis using modern technology to deliver efficient solutions.Committed to client education, we walk clients through every step while maintaining strict attention to detail and compliance with evolving tax regulations. Our family-owned practice prioritizes appointments to give undivided focus during consultations and accepts document drop-offs for convenience.
Services
Tax Preparation
Bookkeeping
Payroll Services
Financial Statements
Cash Flow Analysis
Tax Planning
Payroll Tax Returns
W-2/1099 Processing
Details
- Year established: 1972
Highlights and features
- Certified professionals with 50+ years of combined experience
- Personalized service through scheduled appointments only
- Specialized expertise in tax planning and small business accounting
- Modern technology for accurate financial reporting
- Community-focused family-owned practice since 1972
Services
Tax Preparation
Comprehensive tax preparation services for individuals and businesses. Our certified professionals ensure accurate filings while maximizing refunds through detailed analysis of deductions and credits. We handle all entity types including corporations, partnerships, and estates while maintaining compliance with federal and state regulations.
Bookkeeping
Monthly and quarterly bookkeeping solutions with bank reconciliations and financial statement preparation. We maintain organized records using modern accounting software to provide real-time financial insights. Services include accounts payable/receivable management and payroll processing for small businesses.
Payroll Services
Full-service payroll management including tax calculations and filings. We handle weekly, monthly, or quarterly payroll cycles with direct deposit options. Services include W-2/1099 preparation, unemployment tax reporting, and compliance with federal/state wage regulations.
Tax Planning
Proactive tax planning to minimize liabilities and maximize savings. Our experts analyze financial situations to identify deductions, credits, and deferral opportunities. We provide year-round guidance to ensure clients remain prepared for tax season while optimizing their financial position.
Financial Statements
Preparation of GAAP-compliant financial statements including balance sheets, income statements, and cash flow analyses. We provide monthly/quarterly reporting packages with adjusting journal entries to ensure accurate financial tracking and informed business decision-making.
Questions
What tax services do you offer?
We prepare individual, business, estate, and trust tax returns. Services include tax planning, audit representation, and resolution of back taxes for all entity types.
Do you handle small business accounting?
Yes, we provide bookkeeping, payroll processing, financial statement preparation, and cash flow analysis specifically tailored for small businesses and organizations.
Are your staff certified professionals?
All team members are trained and certified accountants with decades of combined experience in tax and accounting services since 1972.
How do appointments work?
We schedule appointments Monday-Friday 8am-5pm. Drop-off service is available for document submission during office hours.
What areas do you serve?
We primarily serve Woodstock, Illinois and surrounding communities with localized accounting and tax expertise.
