Business Details
29 Years
experience
Trusted Tax Planning for Physicians in Chicago
At 1st Chicago Accounting, we specialize in providing tailored tax and accounting solutions for medical practice owners, helping them save tens of thousands of dollars annually while ensuring compliance and peace of mind. With over 25 years of experience since 1997, our team combines Fortune 500 financial expertise with small business acumen to deliver actionable strategies that maximize profitability. Our approach prioritizes transparency, efficiency, and personalized service, eliminating the stress traditionally associated with tax season. We offer streamlined processes for corporate and personal tax filings, IRS resolution, and customized tax planning, backed by a proven track record of saving clients an average of $30,000 in their first year.Our commitment to education empowers business owners to manage finances effectively through free training resources and ongoing support. By focusing on profit-driven methodologies rather than sales-driven metrics, we help clients achieve sustainable growth and financial clarity. Our team, led by CPA Brad Filmanowicz, leverages decades of experience in public accounting and corporate finance to deliver results-oriented solutions. We pride ourselves on fast turnaround times, competitive pricing, and a client-centric philosophy that emphasizes long-term relationships over transactional interactions. Whether you're a new physician or an established practice owner, our goal is to redefine your tax experience through innovation and expertise.
Services
Tax Planning
Bookkeeping
IRS Tax Resolution
CFO Services
Payroll Processing
Details
- Year established: 1997
Highlights and features
- We offer 25+ years of experience in physician-specific tax planning.
- Our team includes a CPA with Fortune 500 financial management expertise.
- We guarantee transparent pricing with no hidden fees.
- We provide free educational resources for financial empowerment.
- Our average client savings exceed $30,000 in the first year.
What people say
Saved $30,000
Expert tax planning
Stress-free compliance
Fortune 500 expertise
Free educational resources
Services
Tax Planning
Customized tax strategies for medical professionals identify deductions, optimize business structures, and implement retirement plans. Our process reduces liabilities by an average of $30,000 annually while ensuring compliance. Clients receive actionable recommendations during personalized consultations.
IRS Resolution
We resolve IRS audits, back taxes, and penalty abatements for physicians. Our team negotiates payment plans and settlements while implementing corrective compliance measures. This service protects practices from financial penalties and future scrutiny.
Bookkeeping
Cloud-based bookkeeping tracks practice finances, categorizes transactions, and generates monthly reports. Our system requires 30-60 minutes of client time monthly, ensuring accurate records for tax filings and business decisions.
CFO Services
Profit-driven financial guidance teaches physicians to manage cash flow, analyze reports, and implement cost-saving measures. Our methods transform sales-focused practices into profitable operations through Fortune 500-level financial techniques.
Payroll Processing
Automated payroll services handle tax calculations, direct deposits, and compliance reporting for medical practices. Our low-cost system integrates with accounting records to simplify employee compensation and regulatory filings.
People
Brad Filmanowicz
CPA, MBA, EA
Brad Filmanowicz has specialized in physician tax planning since 1997, combining Fortune 500 financial expertise with small business insights. He authored 'Profit Driven' to teach business owners financial mastery and developed systems that save clients $30,000+ annually.
Questions
How much can physicians save with your tax services?
Our clients typically save $30,000+ annually through strategic deductions and business structure optimization.
Do you specialize in medical practice accounting?
Yes, we focus exclusively on tax and accounting needs for physicians and medical practice owners.
What services are included in your tax planning?
We analyze business structure, retirement plans, deductions, and real estate strategies to maximize savings.
How quickly can you file corporate taxes?
Corporate tax filings are completed in 3-5 days for $650 with our streamlined process.
Do you offer free consultations?
Yes, we provide a 20-25 minute free consultation to assess your tax savings potential.
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