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Focused Tax Help and Accounting Services for the Palatine Community

Our Tax Accountants Make Financial Clarity Simple And Painless

You will gain clarity with each filing. You will make better decisions with consistent guidance. You will stay ahead with help from Palatine accountants who focus on what truly helps you move forward.

Speak with a tax specialist now

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5/5
"We had some complications since we have foreign investment, however Dimov CPA was able to provide a great advice and maximise my refunds." -Kamillas
5/5

Get award-winning accounting services

We manage personal and business taxes while helping you get every legal deduction and credit available. Our team gives full support throughout the process. Connect with us now and see how we improve the way your taxes are handled year-round.
Award For Best CPAs in Palatine.
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Palatine Tax and Accounting Services You Can Rely On

We solve tax problems that other firms miss by focusing on the details that matter to your bottom line. Our accountants in Palatine stay current with tax law changes so you never miss valuable opportunities or face unexpected bills. Unlike firms that disappear after tax day, we maintain communication throughout the year to adjust your strategy as your financial picture changes.

Palatine CPAs That Make Taxes Less Taxing

Looking beyond basic tax filing to hunt for genuine savings opportunities sets our CPA services apart. We analyze where your money goes, then build legal tax strategies that make a real difference. Clients walk away with more cash in their pockets and financial plans that continue saving year after year.
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How Our Palatine Certified Public Accountants Save You Time & Money

Tax laws shift constantly, and we stay ahead of them so you don’t have to. As your business grows, we help protect it by keeping everything aligned with federal, state, and local tax rules. Our Palatine CPAs know what regulators look for and build strategies that reduce stress now and prevent issues down the road.

Palatine Accounting and Tax Services That Cover Every Need

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Tax Preparation

Get your taxes done right, fast

We solve complex tax situations for busy professionals. Our tax CPA team manages multi-state filings, equity compensation, and R&D credits without missing deadlines. We handle both business and personal returns together, giving you complete tax coverage while saving you valuable time and reducing your overall tax burden.

Forensic Accounting

Evidence-based financial investigations

Our forensic accountant knows what to look for when numbers seem wrong. We detect hidden fraud, calculate exact damages for legal cases, and provide solid evidence for court. We save you money by quickly finding problems that would otherwise grow into major financial issues.
bookkeeping services for small businesses

Bookkeeping

Clean books, clear business picture

We handle every transaction in your books with care. Our small business CPAs know QuickBooks inside out while working with all accounting systems. Palatine businesses get clean financial records, clear reports for making decisions, and fewer worries about tax compliance.
tax consulting services

Tax Consulting

Smart tax choices, better results

International income means double the tax forms, not double the taxes. You need Palatine tax consultants who know global reporting rules. We manage complex filing requirements across states and countries, ensuring you pay what you legally owe without expensive compliance errors.
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Payroll Services

Payroll compliance, handled correctly

Growing companies need payroll that scales without adding risk. We manage QuickBooks, Gusto, and Rippling payroll systems, ensuring tax compliance across all states. Your team gets paid correctly while you avoid costly mistakes. Small business accountants who understand payroll save you both time and regulatory headaches.
Amend tax returns.

Amended Tax Returns

Fix past tax return mistakes

Many tax returns contain missed opportunities. Late W-2s, forgotten deductions, filing status changes all create reasons to amend. We file Form 1040X correctly to update your return, often finding money you missed. Even back taxes and unreported income situations turn from problems into solutions with our help.
financial auditing services.

Financial Audits

Thorough reviews for accuracy

Audits can feel overwhelming, but we make them easier. Palatine businesses count on our certified tax accountants for reliable reviews and clear answers. We help you stay compliant, spot savings, and move forward with better records and fewer surprises.
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Tax Audit Representation

Expert defense in IRS audits

Audits can feel stressful, but you do not have to face them alone. Dimov Tax brings deep knowledge and strong results to every case. We explain the process clearly, handle your filings carefully, and help you meet all IRS and state requirements with steady guidance.
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Real Estate Taxes

Property tax planning made simple

Even with changing laws, multiple properties, and tight deadlines, we bring every piece of your real estate taxes into focus. We plan, we file, we guide. 1031 exchanges, global rentals, agent structures, retirement plans, clean records. It all matters because your business deserves attention that sticks.

Resources From Our Expert Accountants

Read our resource center articles to get tax advice matched to your business needs. We show how other companies solved problems like yours. Every page gives you tools to improve your tax position and increase profits.

Get Your Tax & Accounting Questions Answered

Many people ask about pricing, crypto reporting, and how bookkeeping fits into tax planning. We cover those topics in detail. Our tax accountants help you understand the costs so you can move forward with clarity and reliable information.

Average accountant hourly rates by years of experience (2025)

Hourly Rate ($)
$400 $300 $200 $100 $0
1-2 years
2-4 years
4-6 years
6-8 years
8-10 years
10+ years

How much does an accountant cost in Palatine, IL?

CPA costs in Palatine often fall between $150 and $500 per hour. Rates change based on location, service range, business size, and the accountant’s background. Our pricing cuts through that range and gives you real savings in both time and cash. We move quicker, spot what others miss, and bring more value without extra charges. Most firms just cannot keep up with that.

What is the average cost of tax preparation by CPAs in Palatine, IL?

In Palatine, you’ll often see tax prep costs land anywhere between $1,500 and $4,000 depending on how complex your needs are. We charge less and give you more, with solid support across personal, business, expat, and international tax filing. you’ll spend less time worrying and more time getting things done right. Reach out now and get a quote that keeps your best interest at the center.

How much does a bookkeeper cost?

Most businesses pay too much for standard bookkeeping in Palatine. The average part-time bookkeeper charges $400-$800 monthly for basic work. Full-time options cost $3,000-$4,500 monthly. Outsourced services run $400-$2,500 monthly depending on who you hire. We finish your books faster than local competitors, catch errors others miss, and charge less than these typical rates. You get superior financial records without the premium price tag.

Why work with a crypto tax accountant?

Every crypto trader knows tracking transactions across multiple exchanges feels impossible. Crypto tax accountants compile scattered records from wallets and exchanges, organizing hundreds of Bitcoin and Ethereum trades into clear tax reports. You might fear IRS notices while we welcome the chance to defend your position. We turn transaction chaos into organized documents, resolve past reporting errors, and build tax strategies that protect your crypto wealth for years to come.

Can you help with IRA's and 401ks?

When to claim Social Security impacts your retirement taxes for decades. We analyze your IRAs, 401(k)s, and Roth accounts alongside potential Social Security timing to minimize tax liability. Our retirement planning services identify the optimal claiming age for your unique situation. We structure withdrawals to keep you in lower tax brackets when possible. The government changes retirement tax rules frequently, but we stay current on every update to protect your hard-earned money from unnecessary taxation.

Your Personal and Business Accounting Team

George Dimov - Founding President of George Dimov CPA and Tax Specialists, an online CPA firm with the highest standards

George Dimov

President

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Stan Shraybman, MBA, EA

Senior Tax Manager

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Bob Liu, CPA

Senior Accountant

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Xintian Wang, CPA

Senior Tax Manager

Optimize your taxes and save thousands

Speak with a tax accountant now

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