Skip to main content

Geneva, IL, established in the 1830s, is a thriving city nestled in the northeastern portion of Illinois, just 36 miles west of downtown Chicago. With a population of more than 21,000, this city is the county seat and bolsters many attractions. Some of those attractions include festivals, beautiful parks, historic sites, an AA baseball team,…

Since the 1890s, the Village of West Chicago has been home to manufacturing plants, industry, and other successful businesses of all kinds. Since then, owning and operating a small business has become increasingly complex, with hugely impactful changes occurring more frequently than ever before. At DHJJ, we’re looking to help continue West Chicago’s tradition of…

Elmhurst is quickly becoming a dynamic urban city, home to more than 2,500 thriving businesses. Elmhurst is now a highly sought-after locale with both national and international recognition. The city’s allure is not only because of its optimal location within the metro area, but also due to Elmhurst’s remarkable sense of community; it was one…

Looking for a business advisory in Elk Grove Village? DHJJ’s unique advisory services help you through every stage of the business lifecycle. Read on below to explore the top six business advisory services to help you navigate the entire business lifecycle! Elk Grove Village, IL: Room for Corporate Growth Aptly named an “Exceptional Community,” Elk…

Business Advisory service

Growth is good, but increasing your business’ productivity and profitability as you grow is even better.

Business owners face a lot of pressure. From competition to cost-cutting, compliance to complex management issues, you face a long list of challenges each and every day. Sometimes it seems like you’re running in circles. However, business advisory services could make all the difference.

Working closely with you, we spend time learning who you are, your goals, and your vision for your company. You deal directly with a partner much of the time because giving you the benefit of personal service from highly qualified and experienced professionals is important to us. Our clients come to our Chicagoland location from all over Illinois, as well as many other states, seeking customized advice to grow their business.

Business Advisory Services

Management advisory services are customized to fit your business and your particular need, covering a wide range of areas that include:

Additional Services

  • Business startup
  • Business procedure analysis and improvement
  • Strategic planning
  • Growth consulting
  • Business expansion
  • Regulatory compliance
  • Mergers and acquisitions
  • Loan acquisitions
  • Business succession
  • Accounting systems
  • Tax planning
  • Divestitures
  • Debt financing
  • Funding operations
  • Equity and debt structuring
  • Deferred compensation plans
  • Buy vs. lease decisions
  • Client engagement strategy

Recent insights

CPAs are a valuable asset that can take the pressure off you so you can focus on what’s important – running and growing your company. But why should you choose business accounting services in St. Charles, IL?

An accounting team will not only help you with your accounting needs but can also provide guidance on how best to manage your own company and take full advantage of the opportunities St. Charles offers to business owners. And because St. Charles is one of the most competitive towns in Illinois, CPA services will make sure you are getting every tax break possible!

How to Find a Professional

With so many CPA firms vying for your business, it can be tough to know where to turn. With that in mind, take a moment to review the following five features your CPA firm of choice should have, so you can find one that’s compatible with your needs.

  • Must be licensed and registered in Illinois
  • Location in or near St. Charles, IL
  • Experience working with businesses similar to yours
  • Availability & Personal Connections
  • Assistance through thoughtful goal-setting skills

Accounting Pitfalls a Professional Will Help You Avoid

Lack of Organization

As a business owner, you may think that misplacing receipts for the “nice to have” expenses doesn’t matter. But consider how much of an impact it can make on your bottom line! Even if they’re legitimate and tax-deductible, a lack of organization at any point in your accounting process will increase the chances of both errors and potential penalties from audits.

The best way to avoid this fate is by having designated cards only used for these types of purchases–and recording each one as soon after purchase as possible.

Monitoring Receivables

It’s important to get paid for what you’re owed. If your receivables are not up-to-date, you might end the year with a report that doesn’t justify and then spend valuable time on listing outstanding balances, accruing debts, and paying too much in taxes. Resolve to pursue these unpaid balances diligently by updating records accordingly!

Forgetting Cash Expenses

It can be all too easy to overlook or forget your cash purchases as other business tasks take precedence. This oversight may lead you to overestimate your income and pay more taxes than required. An accountant will work with you and your team to make sure these oversites do not happen and that all your expenditures are properly accounted for.

Mingling Personal & Professional Expenses

One of the most common mistakes small business owners make is using their personal credit or debit cards to buy for themselves and their company. This can lead to tax headaches if not corrected in time, so be sure never to use your card/account for a purchase that would benefit only you on behalf of the company.

A prime example may include charging certain non-business related expenditures such as groceries onto a business’ corporate account (or vice versa). If this isn’t stopped before being acknowledged, then come tax season–a headache awaits!

Business Accounting Services Include

We support businesses through a variety of accounting services. We work with you to come up with the right services that work with your internal support.

  • Financial statements
  • Dashboard reporting
  • Customized management reports

  • QuickBooks setup, support, and training
  • Support with complex transactions

  • Accounting software consulting
  • Customized accounting support and advice

Why Choose DHJJ

When it comes to organizing and managing your business finances, you don’t need to do them alone. At DHJJ, our number one priority is to give you the best business accounting experience possible. With renowned experts in the areas that affect your business, your taxes, and long-term financial wellbeing, we offer a different perspective on your business.

Together, we will evaluate your financial situation and pose the right questions to help you and your business move towards your goals and onward to growth.

Frequently Asked Questions

I Do My Own Accounting, Why Do I Need a Pro?

One of the ultimate goals of a CPA is to take the pressure off you, so you don’t have to worry about accounting. With CPA services in St. Charles, IL, you have access to an expert who will handle all your bookkeeping needs as well as provide guidance on how best to manage your company.

CPAs can also offer insight into everything from payroll and taxes to help you better understand how your business is doing. And because CPA services can provide such a wide range of knowledge, they’re an invaluable resource for small businesses.

What are the Benefits of Hiring an Accountant?

A CPA will be able to provide you with advice on how to set up and maintain the best financial practices for your specific needs, such as preparing taxes or helping you save for a future goal. CPAs can also help you avoid penalties, fines, and interest that may be due to the IRA or other agencies for late payments. With all of these benefits, it is no wonder that most people hire a CPA when they need one!



Recent insights

CPAs are a valuable asset that can take the pressure off you so you can focus on what’s important – running and growing your company. But why should you choose business accounting services in St. Charles, IL?

An accounting team will not only help you with your accounting needs but can also provide guidance on how best to manage your own company and take full advantage of the opportunities St. Charles offers to business owners. And because St. Charles is one of the most competitive towns in Illinois, CPA services will make sure you are getting every tax break possible!

How to Find a Professional

With so many CPA firms vying for your business, it can be tough to know where to turn. With that in mind, take a moment to review the following five features your CPA firm of choice should have, so you can find one that’s compatible with your needs.

  • Must be licensed and registered in Illinois
  • Location in or near St. Charles, IL
  • Experience working with businesses similar to yours
  • Availability & Personal Connections
  • Assistance through thoughtful goal-setting skills

Accounting Pitfalls a Professional Will Help You Avoid

Lack of Organization

As a business owner, you may think that misplacing receipts for the “nice to have” expenses doesn’t matter. But consider how much of an impact it can make on your bottom line! Even if they’re legitimate and tax-deductible, a lack of organization at any point in your accounting process will increase the chances of both errors and potential penalties from audits.

The best way to avoid this fate is by having designated cards only used for these types of purchases–and recording each one as soon after purchase as possible.

Monitoring Receivables

It’s important to get paid for what you’re owed. If your receivables are not up-to-date, you might end the year with a report that doesn’t justify and then spend valuable time on listing outstanding balances, accruing debts, and paying too much in taxes. Resolve to pursue these unpaid balances diligently by updating records accordingly!

Forgetting Cash Expenses

It can be all too easy to overlook or forget your cash purchases as other business tasks take precedence. This oversight may lead you to overestimate your income and pay more taxes than required. An accountant will work with you and your team to make sure these oversites do not happen and that all your expenditures are properly accounted for.

Mingling Personal & Professional Expenses

One of the most common mistakes small business owners make is using their personal credit or debit cards to buy for themselves and their company. This can lead to tax headaches if not corrected in time, so be sure never to use your card/account for a purchase that would benefit only you on behalf of the company.

A prime example may include charging certain non-business related expenditures such as groceries onto a business’ corporate account (or vice versa). If this isn’t stopped before being acknowledged, then come tax season–a headache awaits!

Business Accounting Services Include

We support businesses through a variety of accounting services. We work with you to come up with the right services that work with your internal support.

  • Financial statements
  • Dashboard reporting
  • Customized management reports

  • QuickBooks setup, support, and training
  • Support with complex transactions

  • Accounting software consulting
  • Customized accounting support and advice

Why Choose DHJJ

When it comes to organizing and managing your business finances, you don’t need to do them alone. At DHJJ, our number one priority is to give you the best business accounting experience possible. With renowned experts in the areas that affect your business, your taxes, and long-term financial wellbeing, we offer a different perspective on your business.

Together, we will evaluate your financial situation and pose the right questions to help you and your business move towards your goals and onward to growth.

Frequently Asked Questions

I Do My Own Accounting, Why Do I Need a Pro?

One of the ultimate goals of a CPA is to take the pressure off you, so you don’t have to worry about accounting. With CPA services in St. Charles, IL, you have access to an expert who will handle all your bookkeeping needs as well as provide guidance on how best to manage your company.

CPAs can also offer insight into everything from payroll and taxes to help you better understand how your business is doing. And because CPA services can provide such a wide range of knowledge, they’re an invaluable resource for small businesses.

What are the Benefits of Hiring an Accountant?

A CPA will be able to provide you with advice on how to set up and maintain the best financial practices for your specific needs, such as preparing taxes or helping you save for a future goal. CPAs can also help you avoid penalties, fines, and interest that may be due to the IRA or other agencies for late payments. With all of these benefits, it is no wonder that most people hire a CPA when they need one!



Recent insights

Are you looking to sell your business? Selling your business can be a challenge, a daunting task, and often very intimidating endeavor. You have poured your heart, blood, sweat, and tears into this business for many years, or perhaps you have taken over a family business, or maybe you built your business from the ground…