What services does DWK Tax & Accounting offer?

DWK Tax & Accounting offers tax preparation and planning, bookkeeping, accounting, business advisory, and outsourced CFO services for individuals and small businesses in Wheaton, IL and DuPage County.

Where is DWK Tax & Accounting located?

DWK Tax & Accounting is based in Wheaton, Illinois, serving clients throughout DuPage County including Naperville, Glen Ellyn, Lisle, Downers Grove, and the greater Chicago suburbs.

Do you work with small businesses?

Yes. DWK Tax & Accounting specializes in serving small business owners, entrepreneurs, and growing companies who need more than basic tax compliance, including strategic advisory and fractional CFO support.

How do I schedule a consultation?

You can schedule a consultation by visiting https://dwkcpa.com/contact, calling (708) 369-0044, or emailing david@dwktaxaccounting.com.

What financial reports does my business need?

Every business needs at minimum a monthly profit and loss statement (income statement), a balance sheet, and a cash flow statement. Beyond these basics, we provide customized reports based on your needs, margin analysis by product line, accounts receivable aging, budget vs. actual comparisons, and KPI dashboards that track the metrics that matter most to your business.

What is the difference between a P&L and a balance sheet?

A profit and loss statement shows your revenue, expenses, and profit over a period of time (a month, quarter, or year). A balance sheet shows what your business owns (assets) and owes (liabilities) at a specific point in time, plus your equity. Together, they give a complete picture, the P&L shows performance, and the balance sheet shows position.

Can you prepare financial statements for a bank loan?

Yes. Lenders require financial statements that meet specific standards, typically a P&L, balance sheet, and cash flow statement, often for the past two to three years plus year-to-date figures. We prepare lender-ready financials that are accurate, professionally formatted, and accompanied by the supporting documentation banks require.

How often should I receive financial reports?

For most small businesses, monthly reports are the right cadence. This gives you timely information to spot trends and make decisions without being overwhelmed by data. For businesses with tight cash flow or rapid changes, we can provide weekly or bi-weekly updates. We also provide quarterly and annual reports for tax planning and strategic review.

What is a KPI dashboard?

A KPI (Key Performance Indicator) dashboard is a visual report that tracks the metrics most important to your business, revenue, gross margin, customer acquisition cost, average job size, days sales outstanding, or any other measure that reflects how your business is performing. We design custom dashboards so you can see at a glance whether the business is on track, without digging through spreadsheets.

Financial Reporting

Financial Reporting in Wheaton, IL

Financial reports are the dashboard of your business, they tell you whether you are accelerating or stalling, where the inefficiencies are, and whether the decisions you made last quarter are paying off. DWK Tax & Accounting provides CPA-prepared financial reporting to businesses across Wheaton and DuPage County, delivering the statements, analyses, and dashboards you need to understand your business deeply and make decisions with confidence.

Financial Reports We Provide

Monthly profit and loss statements

Balance sheet preparation

Cash flow statement preparation

Budget vs. actual variance reports

Accounts receivable and payable aging

KPI dashboard design and monitoring

Gross margin and profitability analysis

Lender-ready financial statement packages

Custom management reporting

Quarterly and annual financial summaries

Reports You Can Actually Use

Many businesses receive financial reports that are technically accurate but practically useless, pages of numbers with no context, no interpretation, and no connection to the decisions the owner is facing. A report that tells you revenue is up 12% but does not tell you why or whether it is sustainable is not helpful.

David Korzeniowski, CPA prepares reports that are designed to be read and acted on. Each report comes with context, what changed, what it means, and what to watch. This is the difference between data and insight, and it is what turns financial reporting from a compliance task into a competitive advantage.

Related Services

Monthly Bookkeeping Accounting Services Cash Flow Planning Business Consulting Fractional CFO Advisory

Serving DuPage County

CPA in Wheaton, IL CPA Serving Naperville, IL CPA Serving Carol Stream, IL

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.

Meet David Korzeniowski, CPA Read Client Reviews View Success Stories

Frequently Asked Questions

How Often Should Bookkeeping Be Updated Common Small Business Tax Mistakes

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.