Business Details
46 Years
experience
Trusted Accounting Services in Hinsdale, IL
Since 1980, Patsavas & Patsavas has provided quality financial guidance to individuals and businesses across the greater Chicago area. Our expertise spans tax management, accounting, payroll services, financial statements, and strategic planning. As members of the American Institute of Certified Public Accountants, we participate in the AICPA Peer Review program, achieving the highest evaluation in every review since 1980. Our firm combines personalized service with technical excellence, ensuring clients receive tailored analysis and attention.We prioritize open communication to understand client needs, delivering research-driven solutions that maintain financial viability and support long-term goals. With decades of combined experience, our team of CPAs serves as a trusted advisor to local businesses and individuals, maintaining a reputation for professionalism and responsiveness.
Services
Tax Management
Accounting Services
Estate Planning
Financial Statements
Payroll Processing
IRS Representation
Business Valuation
QuickBooks Support
Cash Flow Analysis
Entity Restructuring
Details
- Year established: 1980
Highlights and features
- We have over 40 years of experience serving Chicago-area clients.
- Our firm undergoes rigorous AICPA Peer Review evaluations every three years.
- We provide personalized service tailored to individual business needs.
- Our CPAs maintain expertise in evolving tax laws and financial regulations.
- We combine technical excellence with responsive client communication.
Associations and certifications
- AICPA Peer Review Program
Services
Tax Management
Our tax management services optimize financial opportunities through strategic planning and compliance with current tax laws. We minimize liabilities while maximizing cash flow for individuals and businesses. Our expertise in tax code changes ensures clients receive accurate, forward-looking guidance aligned with their financial objectives.
Accounting Services
We provide comprehensive accounting solutions including bookkeeping, financial statement preparation, and system setup. Our services ensure accurate record-keeping and regulatory compliance for businesses of all sizes. We support decision-making through detailed financial analysis and reporting tailored to client needs.
Estate Planning
Our estate planning services facilitate smooth asset transfer while minimizing tax burdens. We help clients create legally sound plans that reflect their wishes and protect beneficiaries. This includes trust management, will preparation, and succession planning for business owners.
QuickBooks Support
We offer full-cycle QuickBooks implementation, training, and troubleshooting. Our experts optimize software configuration for accurate financial tracking. Services include system installation, data migration, customized reporting, and ongoing technical support for small to mid-sized businesses.
IRS Representation
Our firm provides professional representation during IRS audits and tax disputes. We advocate for clients through all stages of the audit process, ensuring proper documentation and compliance. Our experience with tax authorities helps resolve issues efficiently while protecting client interests.
People
Christopher A. Patsavas
CPA
Certified Public Accountant with degrees in Accountancy, Mathematics, and Physics from University of Illinois. Former NASA engineer and Sigma Pi Sigma honor society member. Holds leadership roles in local fire protection and Scouting organizations.
James A. Patsavas
CPA
Certified Public Accountant with business administration degree from Loyola University. Active in nonprofit leadership as board chair for St. Nicholas Church Legacy Fund and advisory roles for multiple Chicago-area organizations.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, financial statements, tax planning, and business advisory services tailored to small business needs.
Do you specialize in any particular industries?
While serving diverse clients, we focus on core accounting needs applicable to all industries including tax compliance, financial reporting, and business strategy.
How do you handle IRS audit representation?
Our CPAs represent clients throughout the audit process, ensuring proper documentation submission and advocating for favorable resolutions with tax authorities.
What estate planning services are available?
We offer comprehensive estate planning including wills, trusts, tax minimization strategies, and business succession planning to protect client assets.
Can you assist with QuickBooks setup and training?
Yes, we provide QuickBooks installation, customized configuration, staff training, and ongoing support to optimize accounting processes for businesses.
