Tax Preparation & Planning


We know one of your top priorities is paying less tax. Accounting Freedom can help you achieve this with our comprehensive tax preparation and planning services.  Whether you’re a business or an individual, our specialists work with you throughout the year to develop a highly-personalized plan with tax saving strategies tailoring to your situation.

We excel in income tax preparation and planning services for S-Corporations, C-Corporations, Partnerships, and Individual tax returns.  We understand how a heavy tax burden negatively impacts a business’s cash flow.  Our goal is to reduce your tax liability, freeing capital to re-invest or take advantage of future opportunities.

To make the income tax process as convenient and pain-free as possible, we offer all our clients secure online access to their tax documents.  We provide 24/7 access to all financial information and electronically file all returns.

Tax Planning for Businesses in the Greater Chicago IL and Milwaukee WI Areas

Proper tax planning is crucial to successfully and legally lessen your tax liability. In addition to accurate tax compliance, we proactively recommend strategies to save you taxes and maximize your after-tax income.  As Sir Winston Churchill once said, “He who fails to plan is planning to fail.”

It is most important for our team of professionals at Accounting Freedom to continue improving our mastery of the current tax laws, multipart tax codes, and new tax regulations.

We assure businesses and individuals to pay the lowest amount of taxes permissible by law. This is because we constantly are looking for ways to reduce your taxes throughout the year, not only at year-end.

We Recommend Tax Saving Strategies That Help You

  • Reducing your income taxes, so you keep more of what you make.
  • Reducing taxes on your investments, to grow your wealth faster.
  • Growing and preserving assets by keeping the IRS out of your pockets.
  • Reducing taxes on your retirement distributions, so you can retire comfortably.
  • Deferring your income to keep your money now and pay less taxes later.
  • Reducing taxes on your estate, so your family can keep more of your earnings.
  • Reducing taxes on your gifts so you can give more.

Remember, we work for you, not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.

Tax Preparation

Trying to complete your own income tax return can be a challenge, leaving you with more questions than answers. According to a previous study released by the US Government’s General Accounting Office,

Majority of taxpayers (77% of 71 million taxpayers surveyed) believe they benefited from using a professional tax preparer.

Whether we like it or not, the complications to our current tax laws make it confusing to file a rather simple return. It is very easy to miss out on deductions and credits in which you are eligible to claim. Even if you use an accounting software program there’s no replacement for the support with an expert tax professional.

Here’s What You’re Get with Accounting Freedom

  • Our team of high-trained tax professionals with be checking and re-checking your tax return. In addition, our top-of-the-line computer software will identify any potential problems with the IRS, allowing us to review the numbers more closely limiting IRS contacts.
  • We will file your tax return electronically, so you will receive a quicker refund back.
  • Our staff will show you how to adjust your payroll withholding, giving you more money back every week. Why should the IRS receive an interest-free loan for up to 16 months?
  • Accounting Freedom offers all of our clients the choice of having PDF copies of their tax returns instead of paper.  The electronic copy allows you to print out or email pages of your return, whenever the need arises.

Are Your Books a Mess? No Problem!

If you own a small business and are struggling to keep up with your bookkeeping, don’t worry. We can help you with our bookkeeping services! We’ll prepare your bookkeeping for the year, along with a full Schedule C, and your personal income tax return. Then, we’ll assist you in setting up an easy system allowing your books to be in excellent shape for next year.

Tax Preparation and Planning Services Consultation

To learn more about the strategic tax preparation & planning services we can provide for your business in greater Chicago IL or Milwaukee WI area, contact our accounting firm today.

Chicago Office (Mundelein, IL): 847-949-8373
Milwaukee Office (Grafton, WI): 262-375-2440