Streamlined Tax Planning for Naperville Businesses

DHJJ, a leading accounting firm in Naperville, excels in streamlining tax management for businesses in and around Naperville. Leveraging cutting-edge technology and a team of seasoned tax professionals, DHJJ offers tailored solutions that simplify tax preparation, maximize deductions, and ensure compliance with Illinois specific tax regulations. By providing businesses with digital record-keeping tools, automated bookkeeping processes, and personalized tax planning strategies, DHJJ empowers businesses to optimize their financial health and focus on growth. With a commitment to excellence and a deep understanding of Naperville’s business landscape, DHJJ is a trusted partner in navigating the complexities of tax management with efficiency and precision.

Tax Pitfalls DHJJ CPAs Can Help You Avoid

Unoptimized Entity Structure: A DHJJ CPA will assist in selecting the most advantageous business entity structure, minimizing taxes and protecting assets based on your specific circumstances.
Failure to Withhold Payroll Taxes: Our CPAs help businesses meet payroll tax withholding obligations, avoiding penalties and interest for underreporting or late payments.
Failure to Address Nexus Issues: Our Advisors help businesses determine tax nexus in various jurisdictions, avoiding unexpected tax liabilities due to a lack of understanding of nexus rules.
Misclassification of Workers: A DHJJ CPA will help businesses correctly classify workers as employees or independent contractors, preventing potential misclassification penalties and legal issues.

Charitable Contributions: Our CPAs ensure proper documentation and compliance with IRS rules for charitable deductions, preventing challenges in case of an audit.
Inaccurate Deductions and Credits: DHJJ CPAs ensure accurate identification and claiming of eligible deductions and credits, preventing overpayment or underpayment of taxes.
Estate and Gift Tax Oversights: Our CPAs assist in estate planning and gift tax strategies, ensuring assets are transferred efficiently while minimizing tax liabilities.
Non-Compliance Penalties: Our professionals guide businesses in adhering to tax regulations, minimizing the risk of costly penalties due to non-compliance or filing errors.

Failure to Pay Payroll Taxes: Our CPAs ensure proper calculation and timely payment of payroll taxes, avoiding penalties and interest for underpayment or late remittance.
Complex Sales Tax Regulations: DHJJ helps navigate intricate sales tax laws, preventing errors in collecting, reporting, and remitting sales taxes, especially in multi-state transactions.
International Tax Compliance: For businesses with international operations, our CPAs ensure compliance with intricate international tax laws, treaties, and reporting requirements, avoiding penalties and legal issues.
Inadequate Documentation: DHJJ helps establish effective record-keeping systems to support deductions and credits, reducing the risk of challenges during tax audits.

State and Local Tax (SALT) Complexities: A DHJJ CPA will help navigate the complexities of SALT regulations, preventing errors in multi-jurisdictional tax filings and potential double taxation.
Uninformed Mergers and Acquisitions: Our CPAs provide financial due diligence during mergers and acquisitions, uncovering potential tax liabilities and facilitating informed decisions.
Inaccurate Depreciation and Amortization: At DHJJ we assist in correctly calculating and reporting depreciation and amortization, preventing errors that can affect financial statements and tax liability.
Uncoordinated Business Expansion: Our CPAs ensure tax implications are considered when expanding operations, preventing unexpected tax burdens in new jurisdictions.

Employee Benefits and Compensation: DHJJ helps design tax-efficient employee benefit and compensation plans, ensuring compliance and maximizing tax advantages.
Misinterpretation & Failure to Plan for Tax Law Changes: Our CPAs stay informed about tax law developments, guide businesses in adapting their strategies to new regulations, and help interpret and apply changes correctly to prevent unintended consequences.

Research and Development (R&D) Credits: A DHJJ CPA assists in identifying and claiming R&D credits, helping businesses benefit from tax incentives for innovation.

What we do

Highly-skilled, with deeper knowledge, & innovative services to help achieve your goals

There’s a reason so many families and business owners in Naperville, St. Charles, and the surrounding areas have relied on DHJJ for over 50 years. With a seasoned staff of over 90 strong, our partners and other team members deliver a complete range of services to help you achieve what you set out to do, no matter what your goals may be. But our people go one step further by getting to know you and your company, establishing personal, caring relationships and even incorporating a bit of fun into the process.

Whether you’re trying to manage wealth to benefit future generations or help your business reach its full financial potential, we’ve got you covered. Count on DHJJ for insights and services that let you do more, save more and worry less. Your business – and your bottom line – will thank you.

Why Choose a DHJJ CPA?

With decades of experience serving Chicagoland’s distinguished businesses, DHJJ’s adept team of tax accountants offers comprehensive expertise to address your tax requirements. Collaboratively devising strategies tailored to amplify your assets and mitigate liabilities, we prioritize your unique financial and business goals. Beyond conventional tax filing, our proactive advisory approach ensures ongoing, informed decision-making throughout the year. Whether you’re seeking counsel on general tax planning, intricate state and local tax (SALT) concerns, or intricate international tax strategies, DHJJ is committed to propelling you toward success.