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Best Accountants in Springfield, IL

Our Recommended Top 12

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Our goal is to connect people with the best local professionals. We scored Springfield Accountants on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

36Reviewed

26Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Springfield, IL

Expertise.com Rating

Review Sources

Google
5.0 (304)
Facebook
5.0 (42)
Yelp
5.0 (9)

Why choose this provider?

Dimov Tax Specialists offers financial solutions to clients in Springfield and throughout the United States. It provides individual and business taxation services that range from home sales and private equity funds to business partnerships and acquisitions. Its wide array of accounting services includes strategies like importing financial data from Excel and converting PDF and text files into software like Quickbooks and Xero for a more efficient workflow and reporting process. Dimov Tax Specialists has been in the tax and accounting industry for over 10 years.

  • Individual Tax
  • Business Taxes
  • Consulting
  • Audits
  • Accounting

Springfield, IL

Expertise.com Rating

Why choose this provider?

Need help contacting a Accountant in Springfield? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

1225 Monument Avenue, Springfield, IL 62702

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Robert Saner, CPA, PC is a Springfield-based accountant who works on personal financial planning, estate planning, and elder care for individual clients. For businesses, he offers small business accounting, Quickbooks, payroll, part-time CFO services, audits and reviews, cash flow management, bank financing, business valuation, strategic business and succession planning, new business formation, non-profit organizations, and internal control services. He also handles tax preparation, planning, and problems. Saner and his firm operate according to three principles, which are responsiveness, professionalism, and quality.

1924 East Sangamon Avenue, Springfield, IL 62702

Expertise.com Rating

Review Sources

Google
4.2 (5)
Yelp
3.0 (2)

Why choose this provider?

Troy A. Washko, CPA, is an accounting firm based in Springfield. Founded in 1988, the firm plans and prepares income tax for individuals, trusts, corporations, and estates. It assists in resolving problems with the IRS, represents audits for individuals, and conducts bookkeeping for businesses. These bookkeeping services include reviewing financial statements, providing payroll services, bank reconciliations, and sales tax returns. With the founder's nine years of experience working with the Illinois Department of Transportation, Troy A. Washko also provides its accounting services to architectural and engineering firms.

3201 Meadowbrook Road, Springfield, IL 62711

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Mc Evoy & Humke is an accounting firm serving individuals and businesses throughout the Springfield area. It offers a wide range of services including accounting, tax management, Internal Revenue Services (IRS) representation, payroll, and cash flow analysis. The company's accountants strive to provide insight that will help clients understand their current finances and maintain financial viability. The business assists clients in making knowledgeable financial decisions by giving them the right tools. Mc Evoy & Humke also provides auditing services.

1717 South 5th Street, Springfield, IL 62703

Expertise.com Rating

Review Sources

Google
5.0 (14)

Why choose this provider?

R.W. Hickman PC is an accounting firm providing tax, accounting, and business advisory services to small businesses, corporations, and individuals in the Central Illinois region. Raymond W. Hickman, C.P.A. holds a BBA in Accounting from the University of Southern Illinois Edwardsville. He started his career as a partner at a local Springfield firm before founding R.W. Hickman PC in 2004. Mr. Hickman's professional background includes experience in the taxation and audit of real estate, construction, and manufacturing firms. Tax preparation services from the company include corporations, partnerships, individuals, gifts, estates, and trusts. Accounting services include general bookkeeping services and payroll preparation.

3051 Hollis Dr., 3rd Floor, Springfield, IL 62704

Expertise.com Rating

Review Sources

Facebook
4.1 (34)
Google
5.0 (2)

Why choose this provider?

Sikich LLP is an accounting firm with an office in Springfield. The company offers outsourced accounting services for businesses that need assistance with cash management, bookkeeping, payroll, and financial statements. Furthermore, the professionals provide strategic accounting functions that aim to help clients achieve their business goals. The accountants also handle pension fund accounting in which the team provides auditing assistance, records investment activity, and documents contributions. Sikich LLP has been providing accounting solutions for 35 years.

2425 West Iles Avenue, Springfield, IL 62704

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Axis Accounting & Tax Service, Inc., offers an array of services to small businesses and individuals in Springfield. The accountants at this firm handle bookkeeping and the creation of financial statements on behalf of clients. They are well-versed in the different aspects of accounting and tax and take courses regularly to remain up-to-date with the new processes and laws. In addition to bookkeeping, the company also performs payroll processing, tax planning, tax return filing, and business valuations.

214 South 6th Street, Springfield, IL 62701

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Founded in 2004, Perrino & Associates is an accounting firm based in Springfield. It specializes in offering accounting-related services to new and start-up businesses. The firm's accountants handle accounting, auditing, and financial planning. They aim to help relieve clients from the stress of accounting work and guide them in understanding their business finances. If needed, they can assist in providing ways to seek alternative financing options. The business also provides assistance with tax compliance for individuals, corporations, and partnerships.

3200 Robbins Road, Springfield, IL 62704

Expertise.com Rating

Why choose this provider?

KEB - Kerber, Eck & Brackel LLP is an accounting firm located in Springfield that was established in 1931. The firm offers several accounting services to various areas in the state, as well as in Missouri and Wisconsin. These services include auditing, assurance, accounting, tax services, management consulting, and wealth management. Its roster of accountants handles a wide range of industries like non-profit organizations, construction, dealership, financial institutions, gaming, government, healthcare providers, insurance companies, manufacturing, and retail.

2501 Chatham Road, Springfield, IL 62704

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Murphy & Associates CPAs, LLC is an accounting firm that provides tax, accounting, and business advisory services to small businesses, corporations, and individuals in the Springfield, Illinois, area. The company has years of experience helping enterprises reduce tax liability and become more profitable. The group offers free initial consultations for all of its accounting services, which include outsourced accounting, tax planning, income tax preparation, incorporations, Quickbooks, and payroll. Tax services from the company include business tax preparation, income tax planning for individuals, and state and local taxes. The founder of Murphy & Associates CPAs, Allen Murphy, has over twenty years of experience in accounting and management consulting.

227 South 7th Street, Springfield, IL 62701

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Eck, Schafer & Punke LLP is a Springfield-based accounting firm. Its accounting professionals handle assurance and audit engagements, including compilations and reviews. They work closely with clients to plan taxes and prepare for required filings. Apart from IRS representation, they provide consultations to assess the tax consequences of financial decisions such as business acquisitions. Moreover, they offer bookkeeping, budgeting, and financial statement preparation services. Eck, Schafer & Punke LLP also assists in accounting system setups, business valuations, and accounting software selection.

Compare our Top Accountants

NameExpertise RatingAddressPromotionsLearn more
Dimov Tax Specialists
Springfield, ILCall for quote
Robert Saner, CPA, PC
1225 Monument Avenue, Springfield, IL 62702
Troy A. Washko, CPA
1924 East Sangamon Avenue, Springfield, IL 62702
McEvoy & Humke, P.C.
3201 Meadowbrook Road, Springfield, IL 62711
R.W. Hickman P.C.
1717 South 5th Street, Springfield, IL 62703
Sikich
3051 Hollis Dr., 3rd Floor, Springfield, IL 62704
Axis Accounting & Tax Service, Inc.
2425 West Iles Avenue, Springfield, IL 62704
Perrino and Associates - Illinois
214 South 6th Street, Springfield, IL 62701
Kerber, Eck & Braeckel LLP - Springfield, IL
3200 Robbins Road, Springfield, IL 62704
Murphy & Associates CPAs, LLC
2501 Chatham Road, Springfield, IL 62704
Eck, Schafer & Punke, LLP
227 South 7th Street, Springfield, IL 62701

FAQs

  • Introduction

    Four main types of accountants are available to serve the accounting needs of individuals, large organizations, small businesses, and government agencies. These types of accounting include corporate, forensic, government, and public.

    • Corporate accountants maintain and file financial information for corporations. The focus is on keeping the corporation in legal compliance with tax laws and financial reporting requirements.
    • Forensic accountants gather and recreate financial data that isn’t readily available. These accountants might do that as part of a criminal investigation or if key financial information has been lost and needs to be recovered for legal reasons.
    • Government accountants work for government agencies, such as the IRS or a state tax department. They might also be found working in government offices in positions such as city treasurer or county auditor.
    • Public accountants are the accountants most likely to work with individuals or smaller businesses. These accountants manage financial statements, file tax returns, and record financial transactions. Preparing and filing tax returns are tasks these accountants might do for individuals. For companies, these accountants might handle payroll or bookkeeping besides preparing tax information for reporting purposes.

  • What differentiates direct cash flow from indirect cash flow in Springfield?

    The direct cash flow method calculates cash flow statements based on actual cash transactions. For an income statement in Springfield, it takes longer but it is generally more accurate than the indirect method. This is because depreciation is not considered and cash flows need to be separated. In contrast, the indirect method starts with net income and adjusts for assets and liabilities to come up with the cash flow statement. It is faster but less precise, as it includes depreciation and assumes net income directly reflects cash flow.

  • What does fund accounting mean in Springfield?

    Fund accounting is an accounting approach employed to monitor the allocation of funds to different operations within an organization in Springfield. It is a system crafted to guarantee the beneficial and efficient utilization of funds for the entire organization. This accounting method proves valuable when an organization channels all its earnings back into itself, rather than accumulating them as profits.

  • For a Springfield organization's fund accounting, what do the "funds" refer to?

    For a Springfield organization's fund accounting, the "funds" encompass three categories: unrestricted, temporarily restricted, and restricted funds. Unrestricted funds are flexible and can be used for the organization's most pressing needs, such as operating expenses like rent and utilities. Temporarily restricted funds have donor-imposed restrictions that will be fulfilled at a specified future date. Restricted funds must be preserved for a specific purpose within the organization, like an endowment fund where the interest can be used for particular projects.

  • What are the reasons for enlisting the services of an accountant in Springfield?

    Hiring a CPA in Springfield is recommended because they can offer tailored guidance for establishing and managing optimal financial practices based on specific requirements. This may include tax preparation and assistance with savings goals. Additionally, a CPA can assist in preventing fines, penalties, and interest charges that could result from late payments to the IRS or other organizations.

  • What sets apart a CPA from a bookkeeper in Springfield?

    A CPA in Springfield has successfully completed particular education and certification exams. These professionals specialize in tasks like handling tax preparation and filing, crafting and reviewing financial statements, and serving as representatives for taxpayers before the IRS. Conversely, a bookkeeper is responsible for tracking transactions, handling payroll and expenses, overseeing accounts receivable, managing credit card statements, and generating periodic reports, which may be monthly, quarterly, or yearly.

  • What does an accountant do?

    Accountants maintain financial records and interpret financial information. An accountant at one firm might maintain financial ledgers, while another might take on payroll management duties. Accountants can also specialize in specific areas, such as tax codes.