Sharon M Gum CPA

Sharon M Gum CPA Sharon M.

Gum, CPA helps businesses throughout Southern Illinois succeed by offering business setup and advisory services, tax preparation, payroll and bookkeeping services.

08/19/2026

๐‹๐จ๐œ๐š๐ฅ ๐๐จ๐ญ๐š๐ซ๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐›๐ฒ ๐’๐ก๐š๐ซ๐จ๐ง ๐Œ. ๐†๐ฎ๐ฆ, ๐‚๐๐€

Sometimes, you just need a reliable place to take care of those quick administrative tasks. Located in Waterloo, IL, Sharon M. Gum, CPA, is happy to provide notary and document copying services to our local community. We aim to be a comprehensive resource for our neighbors, helping you take care of your essential documentation with professionalism and convenience.

We understand how important it is to have a trusted professional help with your legal and financial documents. Whether you need a document notarized or copies made for your records, our office is ready to assist you. Itโ€™s just one more way we strive to support the Waterloo community we love.

Need notary or copying services? Stop by our office at 405 Hartman Lane. Weโ€™re here to help you get the job done quickly and reliably.

Driving Directions to our Office: https://www.google.com/maps?cid=1214929904421373116

Is your business structure still the right fit for you?When you first start out, operating as a sole proprietor is simpl...
08/05/2026

Is your business structure still the right fit for you?

When you first start out, operating as a sole proprietor is simple. But as your revenue grows, your business entity structure should evolve too.

Choosing between an LLC, an S-Corp, or a Partnership isn't just about legal protection, it heavily dictates how you are taxed. For instance, transitioning to an S-Corporation when your business hits a certain profit threshold can significantly reduce your self-employment tax burden.

This Weekโ€™s Action Step: Take a look at your projected growth for the year. If your revenue has climbed significantly since you first registered, it might be time to evaluate whether a structure change could save you money.

07/22/2026

๐Ÿ“ฐ Sharon M. Gum, CPA recently featured in a press release on AP News

We are proud to celebrate a major milestone: 35 years of providing trusted accounting, tax, and business consulting services to small businesses and families across Waterloo and Monroe County. ๐Ÿ… ๐ŸŽ‰

From day-to-day bookkeeping and payroll to complex tax compliance and strategic planning, our mission has always been the same; helping our local business community thrive with confidence and peace of mind.

Being recognized on AP News is an honor, but our true privilege has been serving the amazing clients who have trusted us with their financial journey over the last three and a half decades.

Thank you to all of our clients, friends, and community members for your continued support! Hereโ€™s to many more years of growing together. ๐Ÿฅ‚

๐Ÿ‘‰ Read the full feature on AP News: https://apnews.com/press-release/newsfile/press-release-9fc42a5e731574579f295f568254da75

Is your business structure still the right fit for you?When you first start out, operating as a sole proprietor is simpl...
07/13/2026

Is your business structure still the right fit for you?

When you first start out, operating as a sole proprietor is simple. But as your revenue grows, your business entity structure should evolve too.

Choosing between an LLC, an S-Corp, or a Partnership isn't just about legal protection, it heavily dictates how you are taxed. For instance, transitioning to an S-Corporation when your business hits a certain profit threshold can significantly reduce your self-employment tax burden.

This Weekโ€™s Action Step: Take a look at your projected growth for the year. If your revenue has climbed significantly since you first registered, it might be time to evaluate whether a structure change could save you money.

Tuesday Tip: Are you accidentally mixing business with personal?One of the simplest yet most critical steps for any smal...
07/07/2026

Tuesday Tip: Are you accidentally mixing business with personal?

One of the simplest yet most critical steps for any small business or startup is keeping your personal and business finances completely separate.

Co-mingling funds by using a personal credit card for business supplies or paying a personal bill from your business account muddies your financial records. It makes tracking your true profitability incredibly difficult and turns tax time into a headache.

This Weekโ€™s Action Step: If you havenโ€™t already, open a dedicated small business checking account. Pay for every single business expense out of that accountโ€”and only that account. It keeps your clean financial history intact and protects your liability.

Happy 4th of July!Wishing our wonderful community a safe, happy, and freedom-filled Independence Day!We are incredibly p...
07/03/2026

Happy 4th of July!

Wishing our wonderful community a safe, happy, and freedom-filled Independence Day!

We are incredibly proud to support the small businesses and families that make Waterloo and Southern Illinois such a vibrant place to live and work.

๐ŸŒ https://sharonmgumcpa.com/

The Value of a Year-Round CPA RelationshipMost people only think about their CPA once a year, but the real value of work...
06/09/2026

The Value of a Year-Round CPA Relationship

Most people only think about their CPA once a year, but the real value of working with Sharon M. Gum, CPA, is the relationship we build over time. When we work together year-round, we understand the "story" behind your numbers, allowing us to provide proactive advice that a once-a-year tax preparer simply can't offer. We aren't just filing forms; weโ€™re supporting your lifestyle.

Whether you're considering a major purchase, changing careers, or starting a family in Waterloo, having a trusted financial advisor on speed-dial ensures you make the best possible decisions. Weโ€™re here to answer your quick questions in July just as much as weโ€™re here for your tax return in March. Itโ€™s about having a partner who is invested in your long-term success.

Experience the difference of personalized, local service. Join the many Monroe County residents who rely on Sharon M. Gum, CPA, for year-round financial clarity. We look forward to being your partner for years to come.

Sharon M. Gum, CPA
405 Hartman Ln
Waterloo, IL 62298

https://sharonmgumcpa.com/

https://www.google.com/maps?cid=1214929904421373116

Mastering Illinois Sales Tax ๐ŸงพIllinois sales tax rules can feel like a moving target; are you sure your business is comp...
05/26/2026

Mastering Illinois Sales Tax ๐Ÿงพ
Illinois sales tax rules can feel like a moving target; are you sure your business is completely compliant?

For retailers and service providers in Waterloo and the surrounding areas, keeping up with changing rates and complex taxability rules is a full-time job. Itโ€™s incredibly easy to fall behind or make costly errors that catch the eye of the Illinois Department of Revenue.

At Sharon M. Gum, CPA, we provide the expert sales tax consulting and filing services you need to keep your business in excellent standing.

We take the guesswork out of compliance by helping you:
โœ… POS System Setup: Ensure your point-of-sale systems are calculating local rates correctly.
โœ… E-Commerce & Nexus: Navigate complex out-of-state "nexus" rules for your online sales.
โœ… Accurate Filings: Manage your monthly or quarterly filings so they are always accurate and on time.
โœ… Audit Representation: If you are facing a sales tax audit, we provide professional representation to protect your interests.

Don't let sales tax become a liability for your business. Rely on a local expert who knows the Monroe County tax landscape inside and out.

Let's make your sales tax processes efficient, accurate, and stress-free!

๐Ÿ“ž (618) 660-9021

๐ŸŒ https://sharonmgumcpa.com/

Reclaim Your Weekends from Payroll ๐Ÿ—“๏ธYou started your business to follow your passion, not to become a part-time payroll...
05/11/2026

Reclaim Your Weekends from Payroll ๐Ÿ—“๏ธ
You started your business to follow your passion, not to become a part-time payroll clerk.

As a business owner in Southern Illinois, your time is your most valuable asset. But between calculating withholdings, managing direct deposits, and filing quarterly tax reports, payroll can quickly turn into a second full-time job.

At Sharon M. Gum, CPA, we believe payroll should be invisible. We take the "stress" out of the "stress-test" by providing:

โœ… Accurate Processing: Timely payments for your team, whether you have 2 employees or 20.
โœ… Tax Compliance: We handle the federal and state tax filings so you donโ€™t have to worry about IRS penalties.
โœ… Direct Deposit & Reporting: Seamless integration that keeps your records organized and your employees happy.

Stop spending your Sunday nights staring at spreadsheets and tax tables. Let our 30+ years of local expertise handle the logistics while you focus on growing your business.

Ready to simplify your payday? Let's talk.

๐Ÿ“ž (618) 660-9021
๐ŸŒ https://sharonmgumcpa.com/

Setting the Stage for 2026 Success ๐Ÿ“ˆIs your business built for stability, or is it built for growth? In 2026, you can ha...
04/27/2026

Setting the Stage for 2026 Success ๐Ÿ“ˆ
Is your business built for stability, or is it built for growth? In 2026, you can have both.

Success doesnโ€™t happen by accident, it happens by design. Whether you are launching a brand-new venture or looking to restructure your existing business for the year ahead, the right foundation is everything.

At Sharon M. Gum, CPA, we provide the strategic roadmap you need to navigate the complexities of business ownership. Our Business Planning & Advisory services include:

โœ… Entity Selection & Restructuring: Choosing the right structure (LLC, S-Corp, etc.) to optimize your taxes.
โœ… Financial Projections: Improving cash flow forecasting so youโ€™re never caught off guard.
โœ… Strategic Growth: Market competition analysis and expansion planning.
โœ… Startup Essentials: From obtaining your Tax ID (EIN) to navigating local licenses and permits, we handle the technical hurdles so you can focus on your vision.

Don't just "see how it goes" this year. Letโ€™s sit down and develop a strategy to secure your financing, refine your business model, and improve your bottom line.

Your growth is our business!

๐Ÿ“ž (618) 660-9021
๐ŸŒ https://sharonmgumcpa.com/business-setup-planning-advisory/

Address

Waterloo, IL

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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