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Business Details
31 Years
experience
Your Trusted Accounting Partner in Wilmington, NC
Founded in 1995 by Wendy Duke, Preferred Accounting has been a trusted partner for businesses and individuals in Wilmington, NC, specializing in accounting, bookkeeping, payroll, and tax preparation services. Our team understands the unique challenges faced by business owners, offering personalized solutions to streamline financial operations and ensure compliance. With decades of experience, we prioritize accuracy, organization, and transparency, helping clients focus on growth while we manage their financial needs. Our services include bank reconciliations, profit-and-loss reporting, payroll processing, and both business and personal tax preparation. As an IRS-registered tax return preparer, Wendy Duke leads our commitment to excellence, providing tailored guidance for startups, established businesses, and individuals.

Clients rely on our expertise to navigate complex financial requirements, from monthly bookkeeping to strategic tax planning. Our reputation for reliability and client-centric service has made us a go-to resource in the Wilmington community. We pride ourselves on delivering efficient, error-free work, ensuring clients feel confident in their financial decisions. Whether you need comprehensive accounting plans or standalone services, Preferred Accounting offers flexible solutions to meet diverse needs. Our dedication to continuous improvement and client satisfaction has solidified our position as a trusted local accounting firm.
Services
Accounting Services Bookkeeping Tax Preparation Payroll Services Business Start-Up Insurance Audits Tax Planning Bank Reconciliations Financial Reporting Payroll Tax Filings
Details
  • Year established: 1995
Highlights and features
  • We have over 25 years of experience in local accounting services.
  • Our team consists of IRS-registered tax professionals.
  • We provide personalized accounting solutions tailored to your business needs.
  • We ensure accurate and timely payroll and tax filings.
  • We offer comprehensive financial guidance to support business growth.
Associations and certifications
  • IRS
What people say
Lifesaving financial management Accurate and organized Knowledgeable advice Helped business grow Reasonable pricing
Services
Accounting Services
Preferred Accounting provides comprehensive accounting services, including bank reconciliations, profit-and-loss reporting, and balance sheet preparation. Our team ensures accurate financial records, enabling informed business decisions. Clients benefit from tailored solutions for daily financial management and long-term planning.
Payroll Services
We handle payroll processing, tax filings, and deductions for businesses of all sizes. Our services include direct deposit, W-2/1099 preparation, and compliance with federal and state regulations. Clients save time while ensuring accurate, timely employee payments and tax submissions.
Tax Preparation
Expert preparation of business and personal tax returns, including amendments and extensions. We ensure compliance with current tax laws and maximize deductions. Clients receive clear explanations of filings and guidance for future tax planning.
Business Start-Up
Guidance for new businesses, including tax registration, payroll setup, and financial planning. We assist with S-corporation elections, insurance audits, and compliance requirements. Clients gain a solid financial foundation to support growth and sustainability.
Financial Reporting
Monthly and annual financial reports, including profit-and-loss statements and balance sheets. We provide actionable insights into business performance and cash flow. Clients use these reports to track progress, secure financing, and make strategic decisions.
People
Wendy Duke
Founder and Owner
Wendy Duke founded Preferred Accounting in 1995, bringing over 25 years of accounting expertise to Wilmington businesses. An IRS-registered tax professional, she specializes in personalized financial solutions, ensuring accuracy and compliance for clients.
Questions
What accounting services do you offer?
We provide bookkeeping, bank reconciliations, financial reporting, payroll processing, and tax preparation for businesses and individuals.
Are you IRS-certified?
Yes, our founder Wendy Duke is an IRS-registered tax return preparer with 25+ years of experience.
How do you handle payroll tax filings?
We manage federal and state tax filings, W-2/1099 preparation, and ensure compliance with withholding regulations.
Do you work with startups?
Yes, we assist new businesses with tax registration, payroll setup, and financial planning tailored to their needs.
What areas do you serve?
We primarily serve Wilmington, NC, supporting local businesses and individuals with accounting needs.