Business Details
Trusted Accounting & Tax Services in Buffalo Grove, IL
At Small Business Financial Services, Inc., we specialize in providing comprehensive accounting and tax solutions tailored to the unique needs of small businesses and individuals in Buffalo Grove, Illinois. With decades of combined experience, our team of certified professionals is dedicated to helping clients streamline financial operations, minimize tax liabilities, and achieve long-term growth. We offer personalized services including accounting, bookkeeping, tax planning, incorporation assistance, and IRS problem resolution, ensuring every client receives the expertise and support necessary to thrive.Our commitment to transparency, client education, and proactive financial strategies sets us apart as a trusted partner in the community. By prioritizing clear communication and tailored advice, we empower business owners and individuals to make informed decisions that drive success.
Services
Accounting Services
Tax Planning
Incorporation Services
QuickBooks Support
IRS Problem Resolution
Business Advisory
Payroll Services
Financial Statement Preparation
Outsourced Accounting
Tax Preparation
Highlights and features
- We offer over 40 years of combined experience in accounting and tax services.
- Our team includes certified professionals with CPA and Enrolled Agent credentials.
- We provide personalized, one-on-one consultations to address specific client needs.
- Our proactive tax planning strategies help minimize liabilities and maximize savings.
- We specialize in resolving complex IRS and state tax issues efficiently.
Services
Accounting Services
Our accounting services provide small businesses with accurate financial record-keeping, budget development, and cash flow management. We handle day-to-day transactions, financial statement preparation, and payroll processing to ensure operational efficiency. Clients benefit from tailored solutions that streamline financial operations and support data-driven decision-making.
Tax Planning
We develop proactive tax strategies to minimize liabilities for businesses and individuals. Our services include year-round tax analysis, entity structure optimization, and identification of industry-specific deductions. By staying current with tax law changes, we help clients legally reduce tax burdens while ensuring compliance with federal and state regulations.
Incorporation Services
We assist new businesses with entity selection, incorporation, and strategic planning. Our services cover business plan development, tax ID applications, and compliance setup. Clients receive expert guidance to establish a solid foundation, ensuring tax efficiency and regulatory compliance from the outset.
QuickBooks Support
As QuickBooks Certified ProAdvisors, we offer software selection, installation, and customized training. Our support includes chart of accounts setup, invoice template creation, and ongoing troubleshooting. Businesses gain efficient accounting systems that improve financial tracking and reduce administrative burdens.
IRS Problem Resolution
We resolve IRS issues such as audits, liens, levies, and back taxes. Our team negotiates installment agreements, offers in compromise, and penalty abatements. Clients receive personalized strategies to address tax debt and restore financial stability while maintaining compliance.
People
Bruce J. Braverman
Partner
Bruce Braverman, MBA, EA, has over 40 years of experience in tax and accounting. He specializes in corporate and personal tax planning, leveraging his expertise to help clients minimize liabilities and achieve financial goals.
Scott Polakow
Partner
Scott Polakow, CPA, brings extensive corporate accounting experience as a former Controller/CFO. He focuses on strategic financial management, tax compliance, and advisory services for small businesses navigating complex operational challenges.
Questions
What accounting services do you offer for small businesses?
We provide full-cycle accounting, bookkeeping, financial statement preparation, budget development, and outsourced CFO/controller services tailored to small businesses.
Do you offer a free initial consultation?
Yes, we provide a complimentary consultation to discuss your specific accounting, tax, or business advisory needs.
Can you help with IRS tax debt or audits?
Yes, we specialize in IRS problem resolution, including installment agreements, offers in compromise, audit representation, and penalty abatement.
What QuickBooks support services are available?
We offer QuickBooks setup, training, software selection, data cleanup, invoice template creation, and ongoing technical support.
Do you assist with business incorporation and entity selection?
Yes, we guide clients through entity selection, business plan development, tax ID applications, and incorporation processes.
What tax planning services do you provide?
We offer year-round tax planning strategies to minimize liabilities, including entity optimization, deduction identification, and multi-state compliance.
