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1495 Merchant Drive, Algonquin, IL 60102Mon–Thu 9–4 · Fri 9–12
Algonquin Accounting Service, Inc.
Home / Accounting & payroll
Accounting & payroll

Bookkeeping, payroll and financial statements — done right, every month.

Spend your time running your business. We’ll keep the books balanced, the payroll filed and the reports ready when your banker asks.

For businesses

Complete bookkeeping services

Whether you’re just starting out or you’ve been in business for decades, we take care of the recurring work that keeps your business compliant and your numbers accurate.

Quarterly payroll tax reports

Form 941 and Illinois IL-941 every quarter, including the year-end Form 940.

Monthly & quarterly tax reports

Sales and use tax and other recurring business tax filings.

Monthly bank reconciliation

Every account balanced to the penny, every month.

Automated payroll

Direct deposit, withholding and pay stubs on your schedule.

Reviewing financial reports with a calculator
Calculator and pen on a desk
On timeEvery deposit, every filing deadline
Payroll tax services

Payroll without the headaches

Payroll mistakes are among the most expensive errors a small business can make. Our automated payroll service handles the calculations, deposits and filings for you.

  • Weekly, bi-weekly or semi-monthly payroll runs
  • Federal and Illinois withholding and tax deposits
  • Quarterly Form 941 and IL-941; annual Form 940
  • Year-end W-2s, W-3s and contractor 1099s
  • New-hire setup and payroll records you can actually find
Beyond the books

Statements and guidance for growing businesses

Financial statement preparation

Accurate income statements and balance sheets for lenders, investors, partners and your own decision-making.

New & existing business consulting

Starting out? Planning to grow? We help with budgeting, record-keeping systems, cash flow and tax strategy.

Multi-year accounting assistance

Books behind? We’ll reconstruct past years so your financial statements and tax returns are complete and accurate.

Who we work with

Built for small and family businesses

Contractors, retailers, restaurants, professional offices, manufacturers and service businesses throughout Algonquin, Lake in the Hills, Crystal Lake, Huntley, Carpentersville and the Fox Valley.

Algonquin Accounting has been a trusted and integral part of our business for 20 years. This firm understands the tax laws and they go out of their way to explain how those laws affect our business. I guess the best way to describe our relationship with Algonquin Accounting is they seem like a part of our company.
George HahnePresident, Marketplace Media Group

Want your books off your plate?

Tell us about your business and we’ll put together a bookkeeping and payroll plan that fits.

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