TAX & ACCOUNTING SERVICES

Our Tax & Business division offers all forms of accounting and regulatory compliance services

 We specialize in a variety of areas including tax return compliance, accounting services, business advisory, corporate taxation, financial statements, international taxation, state & local taxation, tax controversy, and exempt organizations.  Our high degree of specialization ensures that both the advice and services clients receive are specific to their needs. 

Tax Services

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We prepare detailed tax projections to assess the impact of financial and investment decisions on your tax liability. We develop tax-efficient strategies by looking for ways to help reduce your current and future tax burden.  This includes a tax withholding and estimated payment analysis to mitigate underpayment penalties.   
We also offer tax preparation services, and federal and state tax controversy solutions.  These services include but are not limited to:

  • Individuals
  • Corporations
  • Partnerships
  • Trusts and Estates
  • Nonprofit Organizations
  • Retirement Plans 



 

Accounting Services

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  We can steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.  These services include but are not limited to:

  • General ledger and financial statement preparation 
  • Bookkeeping (Monthly, quarterly, or annual) 
  • Accounting system setup and support 
  • Payroll processing 
  • Cash flow budgeting and forecasting 
  • Employee benefit and profit-sharing plans 
  • Corporate tax planning and return preparation 


Business Advisory

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 We can create an LLC, partnership or corporation for you, and advise you on the best options available for your success.



Our Fees

Zagmout & Company  prides itself in being transparent and having a simple fee structure.  In addition, we try to maintain historical fees for returning clients. 


Most tax returns and business services will fit into the fees described below:


Individual Tax Preparation:

We specialize in tax preparation for Individuals, foreign earned income exclusions, capital gains, asset dispositions, etc. Typical fee range is $300 to $1,500 (includes Aug and Nov tune-ups) for standalone individual tax returns. 


Business Tax Returns:

Our primary focus is business consultation, deduction optimization and tax return preparation. Typical fee range is $900 to $2,500 (Including owner's personal tax return) for partnership and corporate tax returns depending on the quality of your accounting records. 


Business Formation:

We can create an LLC, partnership or corporation for $300 plus the state filing fees. Includes Articles, EIN, Operating Agreement, S Corp election (if necessary) and consultation to help you launch your venture. Discounts for multi-tiered entity structures. 


Accounting & Payroll Services:

Accounting service through our partners is typically $200 to $300 per month or $500 to $600 per quarter, depending on your reporting cadence. Turn-key payroll up to 10 employees paid bi-weekly with direct deposit is $150 per month. 


Consultation:

Our fee is $0 for the 1st 30 minutes and then $150 for the next 30 minutes. If we engage into future services we will credit the $150 towards future professional fees. Get solid answers right away! If we don’t have the competency we will tell you that as well, and refund the consult fee. 


August and December Tune-Ups:

For those clients who have a tax-only engagement with us, we offer a lot more than just a tax return. Tax returns are boring. Tax planning including projections and end of year tax moves is way more valuable to you than 100 pages of gobbly-goo in some dust-catching PDF aimed at IRS compliance. Wow, that is a long sentence… anyways, in August we offer a tax planning tune-up and later on in November we offer an end of year tax consultation. These are complimentary consultations. Sure, you’re paying for it in some fashion with your tax preparation fees above but then again, this is a valuable service that most tax professionals don’t offer. 

Here is a quick list of the necessary steps to have  Zagmout & Company prepare your tax return, and the process you can expect. 

Click Here to Get Started

Services

Tax Preparation

Zagmout & Company provides a wide range of tax preparation, planning, advisory and related consulting services to individual and commercial clients.


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Accounting Services

We give you superior focus, creativity and technical competence We have extensive experience serving small and mid-size privately-owned businesses.


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Business Advisory

  We can  help you with entity selection & restructuring, and advise you on the best options  to meet the challenges of today’s business environment.


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Investments Advisory

  We develop and implement an investment policy that is best suited for your financial situation and goals. It is our core offering and the foundation upon which we begin to build our client relationship.


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Financial Planning

Our advanced planning addresses the range of financial needs beyond investment consulting. It consists of wealth protection, wealth transfer and charitable giving.


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Retirement & Insurance Analysis

It's important to have a clear understanding of the numerous risk factors retirees encounter as they plan their futures; Longevity, Inflation, Market Volatility, and the Unknown.


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Zagmout & Company CPAs Ltd.

200 E Randolph St. Suite 5100 Chicago, IL 60601

(312) 239-3716

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