Privately-Held Businesses

Owner-Run, Family & Privately-Held Businesses

From taxes to wealth management to succession planning, owners of privately-held businesses often find substantial overlap between their professional lives and their personal financial situation. W&D helps you navigate both. We look out for your business and your heirs, and help you protect both your life’s work and family.

Privately-held, owner-run and family businesses have needs and perspectives that set them apart from other companies. The business often represents a significant percentage of the owners’ assets, requiring a mix of personal and business planning. Family-owned businesses can have complex succession and corporate governance issues and need support for optimal planning and decision making.

Warady & Davis started as a small business and today, as a partnership, remains owner-run. We’re also directly familiar with the fine line between your business and your personal finances.

W&D’s Chicago CPA's services for privately-held, owner-run and family businesses:

• Accounting and financial statement preparation
• Audit, review and compilation
• Payroll processing and related filings
• Tax return preparation & planning
• IRS representation
• Multi-State & Local Taxes
• Individual income tax planning and compliance
• Estate and gift planning and compliance
• International tax planning and compliance
• Employee benefit plan audit and tax
• Income allocation and compensation plans
• Cash flow management
• Financial reporting & forecasting
• Internal procedures and controls
• Industry and financial benchmarking
• Succession planning and exit strategies

Business consulting services for organizations of all sizes

• Start-up services
• Litigation support and expert witness testimony
• Business valuations
• Forensic accounting and fraud investigations
• Mergers & acquisitions
• Outsourced accounting
• Accounting position placements for all levels from staff to senior management/CFO