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Lake Forest
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Lake Forest
Showing 1 to 10 of 92 CPAs in Lake Forest, Illinois
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Elizabeth G. Jacob
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Elizabeth G. Jacob is a certified public accountant based in Lake Forest, Illinois, with over 15 years of experience in providing comprehensive accounting services to entrepreneurs and family-owned enterprises. Her expertise encompasses basic accounting services, business tax services, and financial planning, enabling her to offer personalized support to clients navigating complex financial situations. Notably, Elizabeth Jacob offers IRS representation services to help clients resolve tax disputes and avoid potential penalties.
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Margaret Mcmahon
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Margaret McMahon is a certified public accountant (CPA) based in Lake Forest, Illinois, with over 15 years of experience serving the accounting needs of small businesses and entrepreneurs. Specializing in basic accounting services, small business accounting, and financial planning, her expertise includes bookkeeping and financial statement compilation, as well as payroll processing and compliance. She has a demonstrated ability to assist family-owned enterprises and startups navigate complex financial issues and achieve their goals.
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John S. Poth
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Based in Lake Forest, Illinois, John S. Poth provides general accounting and advisory services to small and medium-sized businesses, including those structured as S-Corps, partnerships, and LLCs. With over 15 years of experience, he specializes in basic accounting services, tax compliance, and individual tax services. Poth also offers IRS representation, helping clients navigate complex tax issues and resolve disputes.
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Patrick Mcdonnell
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Located in Lake Forest, Illinois, Patrick Mcdonnell has over 15 years of experience as a certified public accountant. Providing services to family-owned enterprises and individuals, his expertise includes tax planning and consulting, as well as payroll processing and compliance. With a specialization in basic accounting services, tax compliance, and business tax services, Mcdonnell's work focuses on addressing the unique needs of his clients, including complex tax matters and financial reporting requirements.
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Daniel J. Doherty
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Daniel J. Doherty, a certified public accountant based in Lake Forest, Illinois, has over 15 years of experience providing accounting services to entrepreneurs and startups, as well as individuals and families. He specializes in basic accounting services, financial planning, and business tax services, utilizing his expertise to support clients in navigating complex financial situations. Doherty's services include sales tax compliance, payroll processing and compliance, and he is dedicated to providing accurate and timely financial guidance to his clients.
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David Dungan
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
David Dungan is a certified public accountant based in Lake Forest, Illinois, with over 15 years of experience providing accounting services to individuals and family-owned enterprises. He specializes in basic accounting services, individual tax services, and financial planning, helping clients navigate complex tax regulations and financial decisions. As a seasoned professional, Dungan offers tax planning and consulting services, including sales tax compliance, to ensure clients meet their financial obligations.
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Michelle L. Moran
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Michelle L. Moran is a certified public accountant based in Lake Forest, Illinois, with over 15 years of experience in providing comprehensive accounting services. Her practice serves entrepreneurs and startups, as well as family-owned enterprises, offering a range of specialized services including individual and business tax services, and retirement account tax reporting. As a qualified expert in basic accounting, she assists clients with financial planning, budgeting, and tax preparation, and provides representation before the IRS when necessary.
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John Klinge
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Based in Lake Forest, Illinois, John Klinge is a Certified Public Accountant with extensive experience providing financial guidance to clients throughout the region. His expertise spans basic accounting services, small business accounting, and tax compliance, with a particular focus on supporting family-owned enterprises and entrepreneurs and startups. Klinge's services include tax planning and consulting, as well as expert guidance on retirement account tax reporting, helping clients navigate complex financial regulations and optimize their tax strategies.
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William Herrick
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
Based in Lake Forest, Illinois, William Herrick provides accounting services to a variety of clients, including S-Corps, partnerships, and family-owned enterprises. He holds over 20 years of experience in basic accounting services, small business accounting, and financial planning, helping clients navigate complex financial situations. His expertise includes retirement account tax reporting, payroll processing and compliance, and customized financial solutions for unique business needs.
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John Poth
Certified Public Accountant
Verified Licensed
Location Lake Forest, Illinois 60045
John Poth is a practicing CPA based in Lake Forest, Illinois, with over 20 years of experience in accounting and taxation. His areas of specialization include basic accounting services, small business accounting, and tax compliance, with a focus on serving small and medium-sized businesses, entrepreneurs, and startups. Poth also provides tax planning and consulting, as well as payroll processing and compliance services to help his clients navigate complex financial regulations.

Illinois's substantial CPA market serves a diverse economy centered on Chicago's global financial and corporate hub. The Illinois Board of Examiners requires 150 semester hours for licensure. CPAs must complete 120 hours of continuing professional education every three years, including 4 hours of professional ethics and 15 hours annually in technical subjects.

Key Tax Considerations: Illinois has a flat 4.95% individual and corporate income tax, but high property taxes and complex local tax structures create planning opportunities. CPAs commonly handle multi-jurisdictional taxation (especially for Chicago businesses), sales and use tax compliance, property tax appeals, and helping high-income residents evaluate relocation to neighboring states with lower taxes. Recent tax law changes require practitioners to stay current on evolving requirements.

Industry Specializations: Financial services and commodities trading, manufacturing and industrial production, transportation and logistics (major rail and shipping hub), healthcare systems, technology, food processing, and professional services are primary focus areas. Chicago CPAs often specialize in derivatives and options trading taxation, municipal finance, and serving Fortune 500 corporate headquarters.

For CPA Professionals: The Illinois CPA Society provides extensive resources, particularly in the Chicago area. Chicago offers big-city opportunities with all major national firms present, while suburban and downstate markets (Springfield, Peoria, Rockford) provide alternatives with lower cost of living. The state faces fiscal challenges and out-migration of high earners, but Chicago's position as a global business center maintains strong demand for sophisticated accounting services.