Our Team Offers Expert Accounting Services in Chicago, IL


In-Depth Accounting Services in Chicago, IL

You should be in control of your money; not the other way around. However, many people and businesses are overwhelmed by the intricacies of filing tax returns, creating financial statements, or keeping up with bookkeeping. Depend on us for an impressive variety of tax and accounting services in Chicago, Illinois, for a wide variety of clients, from individuals to small businesses with 30 or fewer employees. It's time to remove the financial stress from your life; it's time to call Petty's Accounting & Tax Service.

Financial Statements

The preparation of financial statements for small business clients is a long-standing service of our firm. We offer monthly, quarterly, and year-end balance sheets, and we can prepare detailed and accurate operating statements in a timely manner. The state-of-the-art accounting software used in our office—including QuickBooks—provides helpful comparisons and calculations for effective, practical business analyses. Additionally, we provide general ledger input from the posting of your monthly business transactions and prepare financial statements based on GAAP.

Payroll Services

You work hard at your business; it can be tricky to find the time to get everything done. Let us ease your workload by handling all of your company's payroll duties. Discover the service that our business clients have been raving about for years. Our total payroll system services include:

  • Set Up & Maintenance of All Records
  • Timecard Tabulations
  • Withholdings of Tax & Benefit Contributions
  • Federal & State Tax Filings
  • Issuance of Checks
  • Preparation of All W-2s and 1099 Forms
  • Preparation of Quarterly Payroll Tax Returns
  • Processing Year-End Reports

Bookkeeping

We're you're one-stop shop for complete bookkeeping and accounting services for businesses of all sizes. Our small business bookkeeping clients appreciate that we are efficient and that we prepare, save, and present computerized accounts on a monthly, quarterly, or annual basis. Budgeting and forecasting support are also available. We support all major accounting programs, including QuickBooks and Peachtree.

Individual Tax Returns

This tax season, take control of your financial situation. Every year, thousands of individuals walk through our doors for exceptional tax preparation services. Trust us to understand all the ins and outs of your tax return. Additionally, our financial calculators give you the tools you need to plan out your finances accordingly.

Business Tax Returns

Properly prepared tax returns minimize the taxes your business owes. Whether you're a C corporation, S corporation, LLC, partnership, or sole proprietor, choose us to file your business' taxes. Call now to join hundreds of other satisfied customers.

Business Consulting

We love nothing more than seeing a business thrive. Depend on us to provide valuable advice for both new and existing companies.