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Monday 8am - 5pm Tuesday 8am - 5pm Wednesday 8am - 5pm Thursday 8am - 5pm Friday 8am - 5pm

Nracpa LLC

NRACPA LLC offers financial services for businesses and individuals. Call or email for your next appointment today!

Our firm specializes in providing quality accounting services. We offer business valuation, tax planning, financial planning for individuals and small businesses, as well as small business accounting. Please call or visit our website for more details. Proud sponsor of local Barrington youth sports.

12/19/2023

Unfortunate news of a guy I knew from one of my clients. Terrible news. Please read and donate if you can. God bless Jesal and his family.

In Loving Memory of Jesal Patel: Supporting Ethan's Educational Journ… Anthony Palella needs your support for Honoring Jesal Patel. Funds for Ethan's Future.

09/16/2022

Proud to sponsor!

09/30/2021

For telecommuters, taxes may be a little complicated. Especially for those that live and work in 2 different states at the same time. Call us today so we can help you avoid double taxation.

With so many people living in one state and working in another these days, taxes can be more complicated than ever before. Here are 10 tax tips to remember when filing.

09/29/2021

Investing in collectibles such as rare stamps, coins, books, artwork and fine wines can be satisfying. If you plan to sell it at a gain, it will be subjected to long-term capital gains tax rate. Learn more about it here:

The sale of collectibles can lead to a cash windfall, however, they are taxed pretty heavily because collectibles are not considered economic drivers.

09/28/2021

Do you know what Giving Tuesday is? This initiative focuses on encouraging individuals and companies to make donations on the Tuesday following Thanksgiving day in the US. Read more here:

Giving Tuesday is a global initiative that encourages people to donate their time and money to charitable causes on the Tuesday after Thanksgiving.

09/27/2021

Start taking care of your wealth as soon as you can. The younger you are, the more time your savings and investments can grow.

Here are eight helpful tips for saving money and investing in your future while you are a young adult.

09/24/2021

Why a Big Tax Refund Isn’t Always a Good Thing

Find out why it is important to have a tax strategy that ensures your refund is as close to zero as possible.

09/22/2021

We love a good work-life balance! Jobs can be stressful, but luckily there are a few easy tips to follow that can help alleviate the pressure. Read about how to reduce your stress here:

Being a CPA is a great job but can also be a stressful one sometimes. Young CPAs, in particular, juggle multiple tasks at different stages of completion, often for multiple bosses. Busy season’s tight deadlines and revolving-door work flow heighten the pressure.

09/21/2021

Unemployment compensation fraud has emerged as one of the most common identity theft schemes in the past year. Find out what the IRS suggests doing to protect yourself from identity theft.

The IRS warned taxpayers that identity thieves are fraudulently claiming state unemployment benefits using stolen taxpayer identities. Here is what taxpayers should do if they receive a Form 1099-G reporting state unemployment benefits they did not receive.

09/20/2021

Roth IRAs and taxes during retirement can be tricky to maneuver. Here are some common questions answered on how to make the most tax efficient decisions in retirement to make your money last longer:

After our recent article on the conventional wisdom surrounding withdrawals from retirement accounts, we received a number of follow-up questions from readers. Here are some answers.

09/17/2021

Government Programs That Can Benefit Your Small Business

Learn how to access resources for grants and low-interest loans to launch, manage, and plan your business success.

Address

10 Executive Court, Ste 1
South Barrington, IL
60010

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Website

http://www.nracpa.com/

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About Us

NRACPAs was formed with a single principle in mind: to provide the highest level of personalized client service possible in a practical, simple to understand method. We also wanted to ensure we offered a full complement of services, under one roof. We feel that we have the best solution at the best price you can find. Not only can we handle all your tax and accounting needs but we also have the ability to provide legal services, full IT department services, financial planning, insurance and mortgage services. We truly are here for small to mid sized businesses.

Our firm has been in business for over 30 years. We have grown steadily over the years, and our full complement of employees is able to service a continuously growing clientele. We service the entire Chicago area with our office in the Northwest Suburb of Barrington. We have clients from coast to coast.

Today, our many active practices cover the complete spectrum of accounting services, making us the right full-service firm for you. Our staff services a wide range of individuals, corporations, partnerships, and nonprofit organizations. Our primary services include book keeping, accounting, taxation, payroll and business consulting. We also offer a host of specialty services to cater to the unique needs of our clients. We continue to develop our expertise in each area by committing hundreds of hours to training with the best of the best to make sure our knowledge encompasses the needs of our clients.

Every team member displays a caring attitude, technical competence, passionate commitment and truly values the long-term relationships we have established with our clients. We draw on our experience, energy, creativity and enthusiasm and seek to exceed our clients’ expectations. Our partners’ resumes include actual work experience within the Big 6 accounting firms, Fortune 50 companies, Inc 500 companies, and also small businesses. They have personally been employed with startups and involved with selling of businesses.