Business Details
Expert Accounting & Tax Services in Lincoln, IL
At J. M. Abbott & Associates, we empower individuals and businesses to achieve their financial potential through expert tax, accounting, and consulting services. Our team of certified professionals brings decades of combined experience to address complex financial challenges, ensuring compliance and strategic growth. Founded in Lincoln, Illinois, we prioritize personalized solutions tailored to each client's unique needs, leveraging advanced tools like QuickBooks to streamline processes.With a proven track record of client advocacy, we specialize in minimizing tax liabilities, optimizing business structures, and providing actionable financial insights. Our commitment to excellence is reflected in long-term client relationships and a reputation for resolving regulatory hurdles with precision. By focusing on transparency and proactive communication, we help clients reclaim time and resources while navigating tax codes, payroll systems, and IRS audits with confidence.
Services
Business Consulting
Personal Financial Consulting
Tax Preparation
Accounting Services
Payroll Processing
Quickbooks Support
Assurance Services
Highlights and features
- We offer certified expertise through CPAs and CFPs with decades of combined experience
- Our team specializes in resolving IRS audits and complex tax compliance issues
- We provide tailored QuickBooks support for business financial management
- We guarantee proactive tax planning to maximize client savings
- We deliver personalized financial forecasting for business growth strategies
What people say
Accurate answers
Friendly staff
Efficient solutions
Proven track record
Regulatory expertise
Services
Business Consulting
Our business consulting service helps owners navigate critical decisions through expert analysis of market conditions, financial performance, and regulatory requirements. We specialize in business valuation, entity structuring, and strategic planning to optimize growth potential. Clients benefit from tailored recommendations that align with their long-term objectives while maintaining compliance with evolving regulations.
Tax Preparation
We handle complex tax preparation for individuals and businesses, ensuring accurate filings while maximizing deductions and credits. Our certified professionals stay current with tax law changes to implement legal savings strategies for personal returns, business entities, and multi-jurisdictional operations. Clients receive proactive guidance to minimize liabilities and avoid costly errors.
Accounting Services
Our comprehensive accounting solutions include financial statement preparation, bank reconciliation, and regulatory reporting tailored to business needs. We organize financial records, streamline data entry, and generate actionable reports. Clients gain real-time financial visibility while eliminating manual bookkeeping burdens through efficient systems and expert oversight.
Quickbooks Support
We optimize QuickBooks implementation for businesses through customized setup, training, and ongoing technical support. Our specialists configure systems for maximum efficiency, generate meaningful financial reports, and resolve software challenges. Clients receive hands-on guidance to leverage accounting technology without reliance on generic tech support.
Assurance Services
Our assurance services enhance financial credibility through compiled financial statements that meet lender, board, or government funding requirements. We apply professional standards to verify accuracy and provide actionable insights for improving accounting practices. Clients gain confidence in their financial reporting while fulfilling compliance obligations.
People
Andy Hayes
Partner
Certified Public Accountant with extensive experience in business tax strategies and financial consulting, providing expert guidance to Lincoln-area clients.
Andy Fitzpatrick
Partner
CPA specializing in tax compliance and strategic accounting solutions, delivering value-driven services to businesses and individuals since joining the firm.
Greg Eimer
Accounting Manager
Experienced CPA managing complex accounting operations and financial reporting requirements for business clients across multiple industries.
Kristen Lanning
Wealth Manager
Certified Financial Planner developing comprehensive wealth management strategies and retirement planning solutions for individual clients.
Tim Bacus
Wealth Manager and Tax Consultant
Dual-certified CFP and Enrolled Agent offering integrated tax and financial planning services to optimize client wealth accumulation and protection.
Questions
What tax savings strategies do you offer?
We identify industry-specific deductions, optimize retirement plans, and implement legal tax reduction strategies tailored to your financial situation.
Do you handle IRS audit support?
Yes, our certified team specializes in IRS audit representation, ensuring proper documentation and expert negotiation throughout the process.
What accounting software do you support?
We provide comprehensive QuickBooks setup, training, and troubleshooting for small to mid-sized businesses.
How do you assist business owners with planning?
We offer entity selection, business valuation, succession planning, and financial forecasting to support growth and transition strategies.
What financial planning services are available?
Our CFPs develop retirement plans, investment strategies, and tax-efficient wealth management solutions aligned with personal financial goals.
How does your payroll service work?
We handle tax calculations, direct deposits, regulatory filings, and year-end reporting while ensuring compliance with state and federal requirements.
