Dana B Davidson CPA
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Dana B Davidson CPA
Dana B. Davidson CPA Company, P.C. is a full-service accounting firm serving clients throughout Illinois and the Midwest, dedicated to providing our clients with professional, personalized services and guidance in a wide range of financial and business needs. On this website, you will find information about Dana B. Davidson CPA Company, P.C., including our list of services.

We have also provided you with online resources to assist in the tax process and financial decision-making. These tools include downloadable tax forms and publications, financial calculators, news and links to other useful sites. Whether you are an individual or business in or around Northbrook, Illinois Dana B. Davidson CPA Company, P.C. has years of valuable experience assisting professionals with their accounting needs.
Services
For over 28 years, Dana B. Davidson CPA Company, P.C. has provided quality, personalized financial guidance to individuals and businesses. Our expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning.

Total Financial Security Corporation takes care of all your financial needs including retirement planning, insurance, employee benefit programs, Pension and Profit Sharing plans.For more information about the investment division of our business please visit: www.wiseinvesting.info. Lighthouse Mortgage Bancorp, Inc. offers residential mortgage solutions including purchase loans, refinances, and home equity loans.
Dana B. Davidson CPA Company, P.C. provides a wide range of services to individuals and businesses in a variety of industries. At Dana B. Davidson CPA Company, P.C., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
Reviews (2)
Shailesh Godkhindi
Shailesh Godkhindi
Nov 10, 2017
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Very professional and knowledgeable staff who treat their clients with respect and courtesy.
I have a lot of respect for Dana and Julie Davidson and their team and I have been a satisfied customer for many years now.
L. V.
L. V.
Aug 31, 2015
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While I normally do my own taxes, for 2012 I took my taxes to Dana B Davidson due to a short sale we had on a rental income property. I knew it would be complex and I wanted it done right but wanted to make sure I was taking advantage of all the tax breaks that I could. Long story short, I was charged almost $1,300 and received a $2,200 refund. Fast forward to 2 months ago when I decided to have another accountant do a second look on the taxes to find out that there were serious lapses in the preparation of the 2012 taxes by Dana. First, the sole purpose of us taking our taxes in was due to