Business Details
15 Years
experience
Your Trusted Chicago Accountants
Milani & Associates is a Chicago-based accounting firm committed to empowering entrepreneurs and business owners through comprehensive financial guidance. With over two decades of experience in accounting, business planning, and financial systems, our team specializes in transforming complex financial challenges into strategic opportunities. Our founder, Dawn Milani - a licensed CPA - brings deep expertise from roles at Oracle Corporation and the Small Business Development Center to deliver tailored solutions for startups, growing businesses, and condominium associations. We offer fixed-fee pricing structures to ensure affordability while maintaining rigorous compliance standards across tax preparation, bookkeeping, and controllership functions. Our proactive approach to tax planning and QuickBooks implementation helps clients maintain accurate records and minimize liabilities.Through personalized consultations and educational resources, we equip business owners with the financial literacy needed to make informed decisions. Our track record demonstrates consistent success in resolving back tax issues and minimizing penalties for clients with delinquent filings. By combining technical expertise with practical business advisory services, we aim to become long-term financial partners for our clients. Our fixed-fee service models provide predictable costs while maintaining the flexibility to address unique client needs. With a client-centric philosophy that prioritizes transparency and practical advice, we focus on delivering measurable value through actionable financial insights.
Services
Business Accounting
Tax Planning
Startup Consulting
Back Tax Resolution
Condominium Accounting
Details
- Year established: 2011
Highlights and features
- We offer fixed-fee pricing for predictable accounting costs
- Proactive tax planning minimizes your annual tax burden
- QuickBooks implementation and training included in services
- Specialized expertise in business startup requirements
- Proven success resolving back tax issues and penalty abatement
Associations and certifications
- Certified Public Accountants (CPA)
Services
Business Accounting
Our business accounting services provide monthly financial statements and tax compliance solutions. We handle payroll tax returns, bank reconciliations, and financial reporting while implementing cost-control strategies to optimize cash flow. Our fixed-fee pricing includes regular financial statement generation for better business decision-making.
Tax Planning
Through proactive tax planning, we help businesses minimize liabilities by identifying deductions and optimizing filing strategies. Our approach combines ongoing tax analysis with quarterly reviews of financial records to ensure compliance while reducing annual tax burdens for corporations and individual taxpayers.
Back Tax Resolution
Specializing in back tax resolution, we assist clients with delinquent filings and IRS correspondence. Our comprehensive approach includes record organization, return preparation, and penalty abatement strategies while establishing systems to prevent future tax issues through proper documentation and timely filings.
Startup Consulting
Our startup consulting covers entity formation, tax registration, and financial system implementation. We provide QuickBooks setup, estimated tax calculations, and compliance guidance to help new businesses establish proper accounting foundations while navigating state and federal requirements effectively.
Condominium Accounting
We offer specialized accounting for condominium associations including tax returns, financial statements, and 1099 processing. Our services help associations maintain compliance with annual reporting requirements while implementing accounting systems for ongoing financial transparency and proper record-keeping.
People
Dawn Milani
Founder & CPA
Certified Public Accountant with 20+ years experience assisting entrepreneurs and chairing Small Business Development Center programs. Holds MBA from DePaul University and BBA in Accounting from University of Iowa. Specializes in financial systems implementation and business startup consulting.
Questions
What accounting services do you offer for small businesses?
We provide complete accounting packages including monthly financial statements, tax compliance, payroll processing, and financial analysis. Our fixed-fee pricing covers bookkeeping, bank reconciliations, and tax return preparation.
Do you help with business startup requirements?
Yes, we guide entrepreneurs through entity selection, tax registration, QuickBooks setup, and estimated tax planning. Our fixed-fee startup package ensures proper financial systems from day one.
Can you assist with condominium association accounting?
We specialize in condo association services including annual tax returns, 1099 processing, financial statements, and compliance filings. Services are offered on a predictable fixed-fee basis.
What if I have back taxes to file?
Our tax resolution services help organize records and complete delinquent filings while minimizing penalties. We implement systems to keep future filings current and provide educational resources.
Do you offer QuickBooks support?
Yes, we provide QuickBooks implementation, training, and ongoing support as part of our accounting services to ensure proper system utilization and accurate financial tracking.
