Midyear tax planning: Review opportunities to save taxes this year (or next) Summer is a good time to see whether your income, deductions and investment activity are lining up as…
Professional Services
W&D serves a diverse array of professional services businesses including law, engineering & architectural firms, advertising & public relations agencies, consulting organizations and more.Chicago Professional Services Audit, Accounting, Tax & Consulting
Warady & Davis LLP’s professional services audit, accounting, tax and consulting team provides in-depth financial and operational experience so that you can focus on serving your clients and managing your business.
Facing an environment of intense competition and rapid change, successful professional services businesses must deliver quality and practice effective business management. This requires having improved control over financial information, professional time, overhead and cash flow.
We understand your challenges
Since we're also a professional services business, the W&D’s team has first-hand knowledge of the administrative, operational, service, talent acquisition, staffing and succession issues you face.
We leverage our own experience as a successful professional services organization and knowledge of best practices to help you run your business for greater efficiency and profitability.
Professional services industry experience:
- Law firms and attorneys
- Accounting firms
- Insurance agencies
- Real estate agencies and brokerages
- Technology consulting
- Business consulting
- Public relations agencies
- Advertising and graphic design agencies
- Architects
- Engineers
- Interior designers
- And more
Services offered:
- Professional services accounting and financial statement preparation
- Payroll processing and related filings
- Audit, review and compilation
- Professional services tax return preparation, planning and IRS representation
- Multi-state and 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
- Consulting on income allocation and compensation plans
- Benefits consulting, including 401(k) plans, pensions, profit sharing, cafeteria plans and other employee benefit programs
- Financial reporting & forecasting
- Cash flow management
- Internal procedures and controls
- Industry and financial bench marking
Our team also has extensive experience providing business consulting services:
- Start-up services
- Succession planning and exit strategies
- Business valuations
- Litigation support and expert witness testimony
- Forensic accounting and fraud investigations
- Mergers & acquisitions
- Outsourced accounting
- Accounting position placements for all levels from staff to senior management/CFO
The W&D Difference
The Idea Exchange Blog
2026 OBBBA Tax Changes: Key Items to Review This Year
Overview of Key 2026 Tax Law Updates Under OBBBA Several provisions from the One Big Beautiful Bill Act (OBBBA), enacted in 2025, are taking effect for the 2026 tax year.…
How the new Trump Accounts for children will work
[et_pb_section fb_built="1" admin_label="section" _builder_version="4.16" global_colors_info="{}" theme_builder_area="post_content" da_is_popup="off" da_exit_intent="off" da_has_close="on" da_alt_close="off" da_dark_close="off" da_not_modal="on" da_is_singular="off" da_with_loader="off" da_has_shadow="on" da_disable_devices="off|off|off"][et_pb_row admin_label="row" _builder_version="4.16" background_size="initial" background_position="top_left" background_repeat="repeat" global_colors_info="{}" theme_builder_area="post_content"][et_pb_column type="4_4" _builder_version="4.16" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||" theme_builder_area="post_content"][et_pb_text admin_label="Text"…