Business Details
Expert Accounting & Tax Services in Skokie
Premium Tax Accounting is a dedicated firm specializing in comprehensive accounting and tax services designed to empower financial success. With a focus on personalized solutions, we cater to individuals, small businesses, and corporations, tailoring our services to meet unique client needs. Our team prioritizes understanding client goals through active listening and delivers exceptional service, expertise, and value. We emphasize precision, time-saving strategies, maximized deductions, audit assistance, and future financial planning. Our remote services ensure accessibility without requiring physical office space, and we maintain strict confidentiality for all financial matters.Clients benefit from our expertise in tax law, international investment filings, and complex returns, with a track record of superior results and professionalism. We pride ourselves on promptness, accuracy, and attention to detail, offering scalable solutions for startups to large corporations. Our mission is to simplify business operations while ensuring compliance and fostering growth. Founded in the Chicagoland area, we combine local market knowledge with nationwide virtual support to deliver reliable, client-centric financial services.
Services
Tax Planning
BOI Reporting
Bookkeeping
CFO Services
Highlights and features
- We offer over 20 years of combined experience in accounting and tax services.
- Our team provides personalized solutions tailored to individual client goals.
- We guarantee accurate filings and proactive tax-saving strategies.
- Our services include 100% remote support with no need for onsite visits.
- We maintain strict confidentiality and professionalism in handling financial data.
What people say
Professionalism and expertise
Prompt and responsive
Superior results
Outstanding attention to detail
Highly recommend
Services
Tax Planning & Advisory
Our tax planning and advisory services minimize liabilities while maximizing financial goals through strategic analysis. We ensure compliance with filing requirements, provide IRS representation, and offer personalized advice for complex tax issues. Clients benefit from proactive strategies tailored to business restructuring, estate planning, and international investments.
BOI Reporting
Beneficial Ownership Information (BOI) reporting ensures compliance with the Corporate Transparency Act. We handle mandatory filings for existing and new businesses, avoiding penalties up to $10,000 or imprisonment. Our services cover ownership structure analysis, deadline management, and accurate submission to regulatory authorities.
Bookkeeping
Professional bookkeeping services maintain organized financial records through transaction tracking, categorization, and reconciliation. We prepare profit/loss statements and balance sheets, ensuring accuracy for audits. Clients gain insights into cash flow and financial health while saving time for core business activities.
CFO Services
Outsourced CFO services provide strategic financial leadership for businesses. We offer FP&A, cash flow management, risk mitigation, and compliance oversight. Scalable solutions support startups to corporations, combining cost-effective expertise with collaborative planning for long-term growth and stability.
People
Usama Makda
CEO
With over 5 years of experience, Usama specializes in tax law, international investments, and corporate structuring. Clients praise his diligence, accuracy, and ability to simplify complex financial processes for small businesses.
Rafiq Makhani
Manager
Rafiq oversees daily operations and client relations, ensuring seamless service delivery. His focus on client satisfaction and process optimization has strengthened the firm's reputation for reliability and expertise.
Yousha Makda
Sr. Accountant
Yousha manages payroll, corporate setup, and compliance filings. Her attention to detail ensures error-free submissions and timely adherence to regulatory requirements for clients nationwide.
Questions
What is BOI reporting under the Corporate Transparency Act?
BOI reporting requires businesses to disclose beneficial ownership information to combat financial crime. Failure to file by deadlines risks daily fines or imprisonment.
How can tax planning reduce my liabilities?
We analyze your financial situation to identify deductions, optimize filing strategies, and implement legal tax-saving measures tailored to your business or personal needs.
Do you offer virtual accounting services?
Yes, all our services are 100% remote, allowing us to support clients nationwide without requiring onsite visits.
What CFO services do you provide for small businesses?
We offer cost-effective CFO services including financial strategy, cash flow management, risk assessment, and compliance oversight to drive sustainable growth.
