Accounting Freedom, Ltd. is a Full-Service Tax and Accounting Firm Dedicated to Meeting the Needs of Small Business Owners. Our Small Business Packages are innovative solutions designed to support your business' day-to-day operations by relieving you of the cumbersome accounting tasks - balancing checkbooks, bookkeeping, paying bills, payroll, financial statement preparation, as well as your retirement planning needs.
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up from $142,800 for 2021). Wages and self-employment income above this threshold aren't subject to Social Security tax. If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study.
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for 2022 (up from $142,800 for 2021). Wages and self-employment income above this threshold aren't subject to Social Security tax. If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study.
Services
Accounting Freedom, Ltd. was founded by Anthony Fiore in 1981. Since our very first day, we have been delivering professional accounting and payroll services to small businesses with a personal touch. Having worked with hundreds of small business clients, we have significant expertise with a wide variety of service businesses within Illinois and Wisconsin.
By harnessing the most powerful technical tools available, we are able to save you time and money, and make the accounting process headache free. As a result, positively impacting both your work/life balance and your bottom line. To best support you, all our accounting services for businesses are available electronically.
As being the owner and running a small business you have more important things to do than to keep up with your bookkeeping. Our small business accounting company can take care of the books for you, allowing you to get back to managing your business and producing profits! These essential tasks are the solid foundation of your small business accounting structure.
We know one of your top priorities is paying less tax. Accounting Freedom can help you achieve this with our comprehensive tax preparation and planning services. Whether you're a business or an individual, our specialists work with you throughout the year to develop a highly-personalized plan with tax saving strategies tailoring to your situation.
Reviews (9)
Cr Electric
Dec 17, 2020
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Renee Bastermajian
Jul 01, 2020
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HUGE shout-out and thank-you to the amazing accountants at Accounting Freedom!!! These past few years I was SOOO frustrated paying so much into taxes for my business.
After reaching out to Frank at A.F. And providing a complimentary review of my tax returns from the last couple years, he suggested for me to change my business from an LLC to an S-Corp. he was even able to get this set up for me in late 2019 so I can apply it to my taxes for the 2019 tax year.
Now thanks to this strategy I am getting a VERY LARGE chunk of change back that I would not have otherwise seen if I stayed as an LLC!
After reaching out to Frank at A.F. And providing a complimentary review of my tax returns from the last couple years, he suggested for me to change my business from an LLC to an S-Corp. he was even able to get this set up for me in late 2019 so I can apply it to my taxes for the 2019 tax year.
Now thanks to this strategy I am getting a VERY LARGE chunk of change back that I would not have otherwise seen if I stayed as an LLC!
Rosario Gambino Landscaping Staff
Dec 09, 2019
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Accounting Freedom has been handling the accounting and financials for our company throughout the years as our business grows. Frank and his entire staff are quick to respond to our questions and are extremely knowledgeable in all aspects of our accounting needs. We have recommended Accounting Freedom to many friends who have businesses of their own and we will continue to do so.
Lenore Erickson
Aug 05, 2019
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We have been clients for many years, I just have to take a moment to say I so appreciate this amazing team at Accounting Freedom, Angela, Pam, Donna, and Jamie... I can email a request and they jump right on it... I ask for tax documents and they get what I need so quickly... If you need to feel like the only customer, this company makes you feel that way. Thank you so much for the amazing service you all provide!
Wisconsin Granite Design
Sep 30, 2018
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Marisa Fiore-Anderson
Sep 23, 2018
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Troy Walsh
Aug 23, 2018
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My family and I have been with Accounting Freedom for many years and I would highly recommend them! As a small business owner, they've been a great asset to my organization and have really taken a lot of the guess work out of my accounting and payroll needs. They provide a very personal and professional support system that many organizations lack in todays environment and I'll continue to work with them as I grow my business.
Angelica Lopez
Aug 07, 2018
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Great, friendly and helpful service and employees. We have been working with Ryan and he has been so helpful answering questions, getting us moving in the right position and keeping us on the right track. They are very prompt to respond and get us the right feedback. Always looking for ways to improve our accounting services through them. Thank you team Freedom! - Small business in Libertyville, Illinois
Alison Crawford
Jun 09, 2018
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I was lucky enough to come across Accounting Freedom by chance. They have been an amazing asset to my company. As a small business owner I was spending countless hours a month working on my accounting. With Accounting Freedom they have taken the accounting stress off of me. They have also given me precious time back that allows me to focus on my customers. They have a very professional and knowledgeable staff that takes care of my company's needs.
