Small Business Accountant in Naperville, IL

CPA in Naperville, IL | Naperville Business Accountant | Business Tax Accountant in Naperville

Going beyond tax preparation.

There’s a lot more to small business tax preparation in Naperville, IL. While many Naperville accounting firms and Naperville CPAs will prepare and file your business tax return, Stenger Tax Advisory takes a more proactive approach, focused on tax strategy.

Stenger Tax Advisory can offer your small business comprehensive tax planning, preparation, and filing services bundled together for an upfront, transparent price. While we do offer hourly services, Stenger Tax Advisory and our team of Naperville accountants will provide you and your small business with project based pricing so there are no surprises along the way.

Our team of accountants in Naperville, IL stay up to date on recent tax law changes so you can focus on running your business. We can assist your company with corporate, partnership, LLC, and a variety of other business tax preparation services. We also offer bookkeeping services for small business.

Naperville CPA - Schedule Small Business Consultation

Small Business Expertise

  • Manufacturing & Distribution

    Stenger Tax Advisory can help your manufacturing business create a customized tax strategy that helps you save money on taxes and preparation fees. We work with small and medium sized manufacturing businesses in the Naperville, IL area and around the the country.

  • Dental Practices

    Stenger Tax Advisory and our team of Naperville CPAs can assist your dental practice with all areas of accounting including tax preparation, payroll, and bookkeeping services. We offer upfront, customized pricing plans for dental practices of all sizes.

  • Restaurants

    We understand the importance of reducing cost in the restaurant industry. Our team of Naperville tax accountants can help your restaurant identify tax savings and tax advantage of benefits available to the services industry.

Form 1040

Form 1040 is the most common type of individual tax return form. Most small businesses pass through their income to owners, therefore owners almost always file a form 1040.

Form 1120

This is the most common type of business tax return. This is the form used to report business income or losses. If your business is considered a corporation, you will file this form each year.

Form 1120-S

S corporations and LLCs that file as S corporations submit form 1120-S to report income and losses.

Tax preparation for consultants.

Stenger Tax Advisory offers customized consulting and tax preparation services for consultants that have an LLC, sole-proprietorship, or limited partnership. We can help you decide if taking an S election makes sense for your consulting practice and determine which type of retirement savings plan will best maximize your long term savings.

Small Business Retirement Savings Consultation

  • Offer yourself and your employees a low cost way to save for retirement.

    Employee contribution limits for 2023 are $22,500. Catch up contributions are $7,500 for employees 50 and older.

  • SEP-IRA plans are a great way for self employed individuals looking for a low cost, easy way to save for retirement. Contributions are tax deductible in most cases.

    2023 SEP-IRA contribution limits are either 25% of compensation or $66,000, whichever is less.

  • Defined Benefit Plans can offer small business owners a great way to maximize pre-tax retirement savings.

    Contributions are limited to the lesser of 100% of the participant’s average compensation for his or her highest 3 consecutive calendar years or $265,000 for 2023.

  • Simple IRA plans allow small business owners and their employees the ability to save money for retirement without testing requirements and compliance hurdles that go along with 401(K) plans.

    Employee contributions are limited to $15,500 for 2023 and catch-up contributions are $3,500 for ages 50 and older.

Stenger Tax Advisory Team

  • Chris Jordan, CPA, MST

    Managing Director
    Head of Tax

    Phone: (630) 912-8504
    Email: Chris.Jordan@stengerfamilyoffice.com

  • Jamie Stenger

    Vice President, Sales
    Small & Medium Business Tax

    Phone: (630) 912-8519
    Email: Jamie.Stenger@stengerfamilyoffice.com