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Tax And Accounting Solutions Designed For Waukegan Businesses

Waukegan Tax Accountants Focused on Accuracy and Real Results

We manage tax preparation, filings, and accounting with clarity and care. Our Waukegan accountants focus on protecting your position through careful review and accurate reporting. Let’s move forward with a plan built to stand strong.

Speak with a tax specialist now

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5/5
"Dimov Tax Specialists are simply outstanding! Their team worked remarkably quickly and accurately in preparing my federal and state (Illinois) tax returns. They have an impressively streamlined process that made everything a breeze on my end." -James Coates, Google Review
5/5

Get award-winning accounting services

Stop leaving money on the table. We help business owners and individuals lower taxes, fix filings, and plan ahead with confidence. With the right team, your numbers make more sense and your bottom line gets stronger. Start with us today.
Award For Best CPAs in Waukegan.
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Rational Tax And Accounting For Waukegan

We prepare for audits before they happen and fix problems before they grow. Our accountants work with Waukegan clients to stay compliant and ready for anything. When others guess, we plan with facts and clear goals.

Waukegan CPAs That Make Taxes Less Taxing

You need results that show up on paper and in your bank account. Our team uses CPA services to cut waste, improve tax outcomes, and support long-term savings with simple, clear actions that work.
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How Our Waukegan Certified Public Accountants Save You Time & Money

Time matters. Money matters. We help Waukegan businesses save both by managing taxes at every level with care and consistency. Our CPA team handles filings, keeps you current, and gives you room to breathe. Tax support means more than numbers. It means fewer problems and more confidence.

Waukegan Tax Strategies That Protect And Grow Your Money

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Tax Preparation

Get your taxes done right, fast

Busy clients rely on us to keep business and personal tax preparation on track. We tackle multi-state returns, equity compensation, and R&D credits with care. You get more than filings. You get clear steps that help you move forward. That’s what you can expect from a results-driven tax cpa.

Forensic Accounting

Evidence-based financial investigations

If you’re unsure where the money went, a forensic accountant can help. We handle fraud reviews, asset division, damage calculations, and business values. We explain each step and help you stay in control while saving time and avoiding expensive errors.
bookkeeping services for small businesses

Bookkeeping

Clean books, clear business picture

In Waukegan, we support small businesses with accurate bookkeeping. As small business CPAs and QuickBooks Pro Advisors, we track payments and organize records using top systems. Clear data leads to better reports, tax readiness, and stronger business calls based on real numbers.
tax consulting services

Tax Consulting

Smart tax choices, better results

Tax issues across all levels of government are solved by our Waukegan tax consultants. International income and expat status often result in excessive taxation and filing confusion. We structure your affairs to reduce tax payments legally while meeting all compliance requirements for individuals and businesses.
full payroll and HR management services.

Payroll Services

Payroll compliance, handled correctly

Financial penalties result from payroll errors. We eliminate this risk as small business accountants managing your complete process. From system setup with QuickBooks, Gusto, or Rippling to tax filings and benefits administration, we handle everything. We manage multi-state employees so your payroll runs perfectly every time.
Amend tax returns.

Amended Tax Returns

Fix past tax return mistakes

We guide clients through IRS Form 1040X when changes matter. From new income to missed deductions or status updates, we fix tax return errors. Our approach helps reduce back taxes, correct filings, and support decisions that keep everything in order.
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Financial Audits

Thorough reviews for accuracy

Waukegan businesses count on our certified tax accountants for audits that make sense. We combine reliable reporting with support on compliance, risk, and cost. Our team works with clarity and experience that often outperforms what larger firms offer at a higher price.
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Tax Audit Representation

Expert defense in IRS audits

Dimov Tax delivers audit guidance built on knowledge and timing. We respond with accuracy, manage complex audits across all areas, and help clients stay aligned with current laws. Our high success rate proves the value of having the right tax team standing with you when it counts.
IRS tax audit representation.

Real Estate Taxes

Property tax planning made simple

In Waukegan, we guide you through every real estate tax step, from 1031 exchanges to agent planning. We support your homes, rentals, and business needs with care and clarity. Whether local or abroad, we stay with you from start to finish. Solid advice and strong support are what set us apart.

Resources From Our Expert Accountants

Our resource center gives you useful advice based on real financial questions. Learn how we approach tax decisions with your goals in mind. Review the articles and see how better choices come from better information.

Get Your Tax & Accounting Questions Answered

You need clear answers about accounting costs, bookkeeping fees, cryptocurrency taxes, and filing expenses. Our tax accountants address all these topics in the FAQ section below. We explain everything in plain language for your understanding.

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 Waukegan, IL?

Most accountants in Waukegan charge between $150-$500 hourly, as CPA costs reflect your location, business size, needed services, and your accountant’s background. Our accounting services come at fair prices, often below market rates, while saving you more time and money than standard firms. We respond faster to your needs, work with greater accuracy, and provide better value than other accountants in Waukegan.

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

Professional Illinois state and federal tax preparation from accounting firms in Waukegan typically costs between $1,500-$4,000, with final pricing determined by your specific tax situation. Our firm provides superior results at more affordable rates for all tax categories including personal, business, international, and expat filings. We consistently identify additional deductions while preventing costly errors that trigger unwanted government attention. Contact us now to secure your spot before the tax deadline approaches.

How much does a bookkeeper cost?

Waukegan businesses often spend $400-$800 monthly on part-time bookkeepers for basic services. Full-time bookkeepers cost $3,000-$4,500 monthly and outsourced services run $400-$2,500 monthly based on experience. We offer something different. Our team works through your financial information faster than other bookkeepers while finding errors others miss. Your business gets better financial records while keeping more money in your account.

Why work with a crypto tax accountant?

Crypto tax rules change often. Proper documentation prevents IRS problems. Our crypto tax accountants keep records that protect you during audits of Bitcoin, Ethereum, or NFT transactions. We prepare current reports. We identify all gains and losses. We respond to IRS notices. We create plans that save you money. Your crypto activity stays organized and tax-compliant with our help.

Can you help with IRA's and 401ks?

Social Security timing affects your taxes and lifetime benefits. Our retirement planning services analyze your personal situation to find the optimal claiming age for your specific needs. We integrate this with your IRA, 401(k), and Roth withdrawal strategy to create more spendable income. Many clients gain thousands in additional benefits by avoiding common timing mistakes that reduce their payments permanently. We build tax-friendly plans that work for your entire retirement journey.

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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