Bailey Accounting
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Bailey Accounting
Accounting is the language of small business. Those who know and speak it well make the most of their resources while guarding against the unexpected. Bailey Accounting & Co. masters that language for you so you can manage and invest your finances with greater precision. Our command of U.S. tax code helps you lower your liability under the law and spot the details that can protect your business from the pains of an audit.

Save more money and solve even the most complex financial issues facing small business owners today. Call us at (630) 551-8307 to begin your consultation. Bailey Accounting & Co. serves you with the tax code mastery, experience, and resources that help you gain greater control of your finances in order to turn what could be discomfort into an opportunity each year.
Services
Headquartered in Yorkville, Illinois, Bailey Accounting & Co was formed by managing partner James Bailey, E.A., as a full-service tax agency for the southern Fox Valley's small-business community and individual taxpayers. The firm supports the region's business leaders and entrepreneurs with astute skill and knowledge in tax and accounting service, QuickBooks and CFO-level assistance.
Tax and Accounting Services for Individuals in Yorkville, Oswego, Plano, Sandwich and Sugar Grove (IL). As an individual taxpayer, you can both pay your fair amount and contain your liability to state and federal government under the law. At Bailey Accounting & Co., we work with you to meet your obligations with the greatest possible savings within the always-changing tax code.
Tax and Accounting Services for Businesses in Yorkville, Oswego, Plano, Sandwich and Sugar Grove (IL). The small business owner or manager looks to grow in a specified market. Reaching that goal depends greatly on how well financial resources are managed. Your aim is to satisfy your tax obligations while keeping all that's afforded to you within the tax code.
Whether for a business or our personal finances, we can often see taxes as something to trudge through at best. However, although it is complex, the U.S. tax code includes ways you can save more than you thought you could in paying your fair amount. The difference between discomfort and opportunity each year lies in having a tax advisor with a mastery of the tax code.
In the US, we have a progressive tax system which means, those who make more pay proportionally more. This is simply because they can afford to pay more. Where this breaks down in the most painful way (in my opinion) is the phase in of taxability of social security benefits. These tax laws require social security recipients to pay tax on their benefits based on what their other income is (eg pension).
Reviews (4)
Law S.
Law S.
Mar 29, 2021
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Friendly and very knowledgeable. Will be getting my taxes done here from now on.
Sony Thomas
Sony Thomas
Jan 16, 2021
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Jim Bailey is your guy for all your tax needs. He listens, he helps you right away. He’s always available- that is what I’ve always looked at when I needed an accountant. Can’t go wrong with Bailey Accounting.
Steven Hamilton Ii Ea Ntpi Fellow
Steven Hamilton Ii Ea Ntpi Fellow
Dec 27, 2020
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Positive: Value
Mr. Bailey is incredibly professional and has a wealth of knowledge.
Brandon Polaskey
Brandon Polaskey
Nov 24, 2018
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Bailey Accounting did my business and personal taxes this year, and I would highly recommend that you get yours done here as well! With this being our first year in business everything was explained so that we understood all aspects of what we would be paying and why!