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      W&D's capabilities and offerings are commensurate with large regional and national accounting firms. We provide a wide range of audit, accounting, tax, consulting and financial services to privately-held companies and high net-worth individuals.
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      A full-service Chicago accounting, audit, tax and consulting firm working with clients in Illinois, throughout the U.S. and internationally.
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      W&D’s accounting advisory services  give you the information needed to make better business decisions and effectively plan for the future.

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      Quality decision making begins with dependable, fairly presented financials that provide a clear picture of the health of your organization. W&D’s audit services provide accurate, meaningful, unbiased and objective information.

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      W&D Consulting LLC, an affiliate of Warady & Davis LLP, specializes in business valuation and consulting services on a confidential basis for closely-held business owners, high net-worth individuals, families and their professional advisors.
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      Our professionals have nationally recognized accreditations and keep current with current economic and industry trends, theories and techniques that generate insightful analyses.
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      W&D is a member of the AICPA’s Employee Benefit Plan Audit Quality Center (EBPAQC). That means we subject ourselves to additional scrutiny and maintain the highest level of audit quality.

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      Warady & Davis LLP audits numerous employee benefit plans. Plans range from investments of less than $1 million to more than $50,000,000+.
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      According to research, a typical organization loses an average of 5% of revenues each year due to fraud. Small organizations (100 employees or less) and not-for-profits have even greater risk.

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      W&D’s Forensic Services group is committed to protecting and recovering clients' assets.
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      W&D provides quality litigation services, including business valuation and expert witness testimony, to assist attorneys, business owners and individuals with financial related legal matters.

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      W&D’s Litigation team provides attorneys with in-depth knowledge, simplified case management, rapid response and preparation and courtroom poise, presence as expert witnesses.
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      W&D works with clients across a broad range of industries to help you discover and implement new business strategies to enhance financial health, profitability and performance. The success of your business is as important to us as it is to you.
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      Estate, succession and wealth planning includes the evaluation of numerous business and personal factors. W&D’s professionals develop customized strategies to navigate an increasingly complex maze of alternatives.

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      According to recent studies, without proactive preparation, only about 30% of family-owned businesses survive into the second generation.
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      We help you develop optimal business and personal tax strategies and anticipate problems and seize opportunities. You can depend on W&D for highly experienced and timely guidance on optimal tax structuring, compliance and preparation.

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      W&D provides a high level of specialized tax expertise for you, your family and your business across a wide range of complex areas.
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      Businesses of all sizes, especially those operating in multiple locations, are squarely in the bullseye of nearly 10,000 taxing jurisdictions is the U.S.  W&D helps clients effectively navigate this complex taxation maze.

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      W&D develops proactive, practical approaches to SALT planning and compliance designed to help you manage your state and local tax positions and minimize costly risks.
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      Together with our international affiliates, Warady & Davis LLP assists clients with coordinating tax planning and compliance services both in the United States and abroad.

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      Serving clients in all 50 states and 35+ countries
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      W&D provides a comprehensive planning approach to help you make educated and well-informed decisions regarding the future of your estate and business. We’ll work together with your other advisors to implement a practical plan designed specifically for your company, your goals and your family.

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      Without proper planning, estate and gift taxes can consume as much as 40%+ of your estate.
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      Through Warady & Davis LLP's strategic alliances, we offer a full range of IT services including ongoing technology support and infrastructure solutions.
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      Warady & Davis supports individuals and families in many areas including goal-driven wealth, retirement, financial, tax, estate and succession planning and preparation along with other key services.

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      A full-service Chicago accounting, audit, tax and consulting firm working with high net worth individuals, their families and financial interests.
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      We provide clients with collaborative wealth management, merging sound planning and intelligent investing.  We are committed to acting in your best interests and work closely with your team of advisors.

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      A full-service Chicago accounting, audit, tax and consulting firm working with high net worth individuals, their families and financial interests.
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      Construction demand continues to rebound, but margins remain thin. W&D’s construction team helps you meet complex regulatory, financial statement and bonding requirements while focusing on improving business performance and profitability.

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      Real estate & construction are W&D’s oldest and largest practice groups – successfully serving clients across generations of ownership.
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      From an understanding of your industry & markets, to assistance with entity selection and structuring, from outsourced accounting, valuation, mergers & acquisitions to traditional tax and audit services, W&D provides a complete scope of services to start-ups.

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      W&D’s Healthcare medical accounting and tax practice serves a wide range of providers and facilities. Our audit, tax and consulting services can help you navigate rapid change and streamline costs.
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      W&D’s corporate practice is comprised of privately-held, owner-run and family businesses of all sizes. We recognize that for you, audit and tax issues are closely interrelated.  W&D’s professionals are uniquely well versed in both.

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      Warady & Davis LLP is proud to successfully serve many owner-run and family business clients into the second and third generation and beyond.
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      As a professional services organization ourselves, we know what it takes to guide you to even greater success. Our accounting and tax team provides in-depth financial and operational experience so that you can focus on serving your clients and managing your business.
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      Annually, W&D serves many professional services organizations, just like yours.
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      Warady & Davis’ real estate clients have developed, managed, leased and operated billions of dollars of developments comprising thousands of multi-family and residential housing units and millions of square feet of commercial and retail real estate. We help them build from the ground up, supporting all of their accounting and tax needs.
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      The Warady & Davis LLP practice was built on the solid foundation of our real estate and construction expertise and leadership.
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      Warady & Davis LLP serves a wide range of technology sectors like software, cloud, mobility and data analytics from start-ups to established companies.

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      From start up to exit, we understand the challenges of building and operating a business, bringing ideas to market, and attracting growth capital.
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      The Warady & Davis LLP practice was built on the solid foundation of our real estate and construction expertise and leadership.
    • RE Equity

      Warady & Davis’ real estate clients have developed, managed, leased and operated billions of dollars of developments comprising thousands of multi-family and residential housing units and millions of square feet of commercial and retail real estate. We help them build from the ground up, supporting all of their accounting and tax needs.
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      Founded in 1949, together with our clients we’ve grown from an entrepreneurial vision to a thriving enterprise. We know what it takes to build and sustain a successful business and we'll challenge you to be your best each step of the way.
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      A top 25 Chicago area CPA & consulting firm for 20 consecutive years.– Crain's Chicago Business
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      In 1949, a seed was well-planted. It flourished and grew through the strength of relationships with people like you. We would like to thank our clients and friends for your vital part in our growth.
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      We value our long-standing client relationships, many of which span multiple decades.
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      W&D and our people donate resources and provide a significant amount of volunteer and board service time both as a firm and individually. We believe that these involvements not only help the organizations we serve, but also provide strong personal enrichment and reward to our firm members.
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      100+ worthy causes and organizations helped each year by W&D and our people.
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      It’s a fact, business is becoming more international than ever. W&D - backed by the firm’s membership in MSI Global Alliance - assists businesses and individuals with tax, audit and accounting concerns for U.S. and foreign operations.
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      Serving clients in all 50 states and 35+ countries.
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      According to a recent survey conducted by the National Society of Accountants, less than one-third of accounting firms polled have a succession plan. This number is even more significant for firms under $10 million in annual revenue.
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      Warady & Davis LLP has successfully completed 20+ CPA firm mergers.
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      W&D  is committed to the principle of equal employment opportunity for all employees and to providing a work environment of mutual respect and acceptance free of discrimination and harassment.

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      The W&D team is talented, smart and hard-working. Most importantly, they are passionate about what they do and are committed to your success and each other. We are proud to call ourselves the “W&D Family.”

    • Nearly 50% of our team members have been with us for more than 10 years. 38%+ have spent their entire careers with Warady & Davis.
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      Warady & Davis believes strongly in growing and developing talent from within. In its 20th year, the W&D internship program is our primary source for smart, motivated, new team members.

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      W&D has received national and state recognition multiple times as a 'best place to work' Source: Accounting Today, The Daily Herald Business Ledger, Best Companies and more.
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      The W&D internship program not only provides invaluable real world, real work experience, but also significant compensation, scholarships and permanent employment opportunities. 95%+ of our interns who receive offers chose to join W&D as full-time staff members upon graduation.

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      Many of our former interns are now supervisors, managers and Partners with W&D.
    • recruiting schedule

      Warady & Davis believes strongly in growing and developing talent from within. In its 20th year, the W&D internship program is our primary source for smart, motivated, new team members.

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      W&D has received national and state recognition multiple times as a 'best place to work' Source: Accounting Today, The Daily Herald Business Ledger, Best Companies and more.
    • Experienced

      The W&D team is talented, smart and hard-working. Most importantly, they are passionate about what they do and are committed to your success and each other. We are proud to call ourselves the “W&D Family.”

    • experienced 2

      W&D has received national and state recognition multiple times as a 'best place to work' Source: Accounting Today, The Daily Herald Business Ledger, Best Companies and more.
    • The W&D team is talented, smart and hard-working. Most importantly, they are passionate about what they do and are committed to your success and each other. We are proud to call ourselves the “W&D Family.”

    • Opportunities 2

      W&D has received national and state recognition multiple times as a 'best place to work' Source: Accounting Today, The Daily Herald Business Ledger, Best Companies and more.
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il

General

2 reasons to sell highly appreciated assets before year-end

By Richard M. Franklin, CPA
December 18, 2012

If you own highly appreciated assets you’ve held long term, it may make sense to recognize gains now rather than risk paying tax at a higher rate next year: 1. The 15% long-term capital gains rate is scheduled to return…

Read More »
Posted in General  |  Leave a comment

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Industries

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