CPA in Naperville, IL | Soriaga & Associates

Finding a CPA in Naperville, IL is not the hard part. Finding one who will still be your CPA next year — and the year after that — is.

At Soriaga & Associates, we've been working with Naperville-area businesses and families since 1985. Not as a national chain. Not as a virtual firm operating out of another state. As a local CPA practice based in Lisle, four miles from downtown Naperville, with an Illinois-licensed CPA who has handled both sides of the tax picture — individual returns and business returns — for the better part of four decades.

Accounting and tax services for Naperville businesses and individuals

We handle the full range of accounting and tax services for individual clients and small business owners in the Naperville area. Most clients come to us because one thing in their financial life has gotten complicated — a new business, a rental property, an S-Corp election — and they want someone who can see all of it at once.

Tax preparation — individual and small business

Individual tax preparation covers the full range: Form 1040, Schedule K-1 income from partnerships or S-corps, rental income, investment income, self-employment schedules, and retirement distributions. We've seen most of the complicated situations that come up for Naperville-area taxpayers, and we prepare every return ourselves — not a junior preparer working from a checklist.

For business owners, we prepare S-Corp, LLC, and partnership returns (Forms 1120-S and 1065) and coordinate them with the personal return so nothing falls through the gap.

Bookkeeping and accounting services

Clean books matter more than most business owners realize — not at tax time, but year-round, when you're trying to make a real decision about your business. We handle monthly bookkeeping, account reconciliation, and financial reporting for small businesses in Naperville and the surrounding DuPage County area.

Payroll processing

We handle payroll for small business clients, including employer tax filings, quarterly and annual payroll reports (941, 940, W-2s), and Illinois Department of Revenue compliance. If payroll is currently handled by software your bookkeeper barely understands, it's worth a conversation.

Tax planning and consulting

Consulting runs $250/hr, and most clients find that even one focused session per year — reviewing the current year's projections before December — pays for itself. Tax planning is where the decisions that actually change your tax bill get made. The return is just the accounting of those decisions.

Small business CPA services in Naperville

Small business accounting is the core of what we do. That's been true since 1985, and it's not going to change. Here's where we spend most of our time.

S-corps, LLCs, and partnerships

The S-Corp election is one of the most impactful decisions a profitable LLC owner can make — and one of the most commonly made without adequate advice. We work through entity structure with clients, analyze whether the election makes sense for their income level, and handle the compliance that comes with it: reasonable compensation analysis, payroll setup, shareholder basis tracking, the works.

For LLCs taxed as partnerships, we handle K-1 allocations, guaranteed payments, and the specific challenges that come up when partners have unequal capital accounts or different ownership classes.

Tax planning and quarterly estimates

One thing that catches first-time business owners off guard: estimated quarterly taxes. Federal and Illinois. Due four times a year. Miss them and you're paying underpayment penalties on top of your tax bill. We calculate your estimates and set a schedule so that doesn't happen.

More broadly, we stay available between filing seasons for planning questions — not just when April or September rolls around.

Healthcare industry accounting

We have deep experience with home health agencies, hospice providers, and wound care practices. These businesses have accounting requirements that general practitioners routinely miss: Medicare and Medicaid cost reporting considerations, specific payroll structures for clinical staff, and cash flow patterns that don't look like other small businesses. If you operate in this space, we speak the language.

Why choose a local CPA over a national or virtual firm

Something has changed in the Naperville CPA market over the past several years: national virtual firms have been building location SEO pages targeting local search terms — without any CPA licensed and located in Illinois. You search for a CPA in Naperville, find a website that looks local, and discover after the fact that your CPA is operating from another state entirely.

There's nothing technically illegal about a Texas-licensed CPA preparing an Illinois return. But there's a practical difference between a CPA who knows the Illinois Department of Revenue's procedures from years of handling Illinois clients, and one who handles your state return as an afterthought on top of a federal template.

We are physically located in Lisle — 6088 Angel Lane, four miles from downtown Naperville. We are Illinois-licensed. If you need to come in and sit across the table, that's an option. If you want to call and reach the CPA who knows your file without going through a call center, that's how we work.

About Soriaga & Associates — serving Naperville since 1985

We've been in this area for 40 years. That's not a marketing line — it's the reason we know things about the local business environment that firms newer to the market don't.

Carl Soriaga, CPA

Carl Soriaga has been a licensed CPA for 48 years. When you work with Soriaga & Associates, you work with Carl — not a junior associate who hands off to a partner at year-end. That continuity is one thing clients mention more than almost anything else: that the person who handled their return last year actually remembered what happened last year.

That's not how most firms work. At larger practices, staffing turnover means you're re-explaining your situation every season. Here, you explain it once.

Free consultation — no fee to start

The first conversation costs nothing. We'll talk through your situation, answer your questions honestly, and tell you what working together would cost before anything starts. No obligation, no soft close at the end of the call.

Search for "cpa naperville il free consultation" and you'll find plenty of offers. Ours is straightforward: come in or call, we'll figure out whether we're the right fit, and we'll give you a flat-fee quote before any work begins.

Frequently asked questions

How much does a CPA cost for a small business in Illinois?

At Soriaga & Associates, consulting runs $250/hr. Tax preparation is quoted at a flat fee before we start — so there are no billing surprises. The first consultation is free, which lets you understand your cost before committing to anything. For small business clients, total annual fees vary based on entity type and services needed; we quote specifically after the initial conversation.

What's the difference between a bookkeeper and a CPA?

A bookkeeper records transactions and keeps your books current. A CPA does that and significantly more: tax planning, return preparation, IRS representation, entity structure advice, and financial consulting. For a small business owner, the distinction matters most at tax time and when major business decisions come up. A CPA can tell you what the numbers mean; a bookkeeper records what the numbers were.

Do I need a CPA for my LLC in Illinois?

Illinois doesn't require it. But most LLC owners benefit from a CPA because LLCs have real planning opportunities: S-Corp elections, estimated quarterly taxes, deduction strategies that depend on how the entity is structured. Without a CPA, most owners overpay. How much they overpay depends on how complicated their situation is — which is exactly what a free consultation is for.

Do you work with both individuals and small businesses?

Yes. We prepare individual returns and business returns, and often both for the same client — the business owner whose personal and business taxes need to be coordinated. That's actually the most common situation we work with. Handling both sides of the picture means nothing gets missed in the gap between the two.

How do I get started with Soriaga & Associates?

Request a free consultation at soriagacpa.com/freeconsultation. We'll talk through your situation, answer questions, and give you a flat-fee quote before any work begins. No commitment required.