Professional Services

Professional Services CPA in Wheaton, IL

Professional service firms, consulting, marketing, engineering, architecture, IT, sell expertise, not products. Their accounting revolves around time, projects, and people, with revenue recognition, project profitability, and partner compensation as the core financial challenges. DWK Tax & Accounting provides CPA services to professional service firms across Wheaton and DuPage County, setting up the systems that track profitability by project and implementing tax strategies that maximize owner income.

What We Handle for Professional Services

Revenue recognition by project and period
Project profitability tracking and reporting
Time and billing system integration
Partner and owner compensation structuring
S corp election and reasonable compensation analysis
Retirement plan strategy (SEP, Solo 401k, defined benefit)
Work-in-progress and unbilled revenue tracking
Business and personal tax preparation
QuickBooks setup and configuration
Cash flow planning and financial advisory

Profitability Beyond the Invoice

A professional service firm can have full utilization and still lose money if project profitability is not tracked. When labor costs are not allocated to projects, you cannot tell which clients are profitable and which are subsidizing the others. This is the difference between growing revenue and growing profit.

David Korzeniowski, CPA sets up project tracking that ties time, expenses, and revenue to each engagement, giving you the data to price future work profitably. Combined with entity optimization and retirement planning, this creates a financial strategy that rewards the expertise your firm sells.

Why Choose DWK

A CPA Partner Who Invests in Your Success

Business owners choose DWK Tax & Accounting because they get direct access to a licensed CPA who understands their industry, their goals, and their numbers, not a revolving door of staff.

Licensed Illinois CPA

David Korzeniowski is a licensed Certified Public Accountant in the State of Illinois, not a seasonal tax preparer or a software dashboard. Every return is prepared and reviewed by a CPA who is accountable for accuracy and compliance.

Small Business Experience

8+ years working with contractors, restaurants, medical practices, law firms, e-commerce, real estate investors, and consultants across DuPage County. Industry-specific knowledge means better deductions and fewer surprises.

Year-Round Support

Tax strategy doesn't stop in April. David is available throughout the year for questions, planning conversations, and proactive adjustments, not just at filing season.

Proactive Tax Strategy

We plan ahead. Entity structure, timing, retirement contributions, and quarterly estimates are reviewed continuously so you keep more of what you earn, legally and strategically.

Personalized Planning

Every business is different. Recommendations are built around your specific circumstances, goals, and growth plans, never a generic template or a one-size-fits-all checklist.

Local & Accessible

Based in Wheaton, serving DuPage County and the western suburbs. You can call, email, or meet in person. No call centers, no overseas outsourcing, no account handoffs.

Frequently Asked Questions

Ready to Get Started

Take Control of Your Financial Future

Whether you need strategic tax planning, business advisory, or CFO-level financial leadership, DWK Tax & Accounting is ready to serve as a dedicated financial partner for your business.