"I recommend AAC for all your accounting, payroll and tax needs. If you're a business owner, get a CPA who understands you. With AAC you're in good hands. Their one-on-one attention is excellent."
"Our employees make the difference. They are AAC's best asset. Visit us and you'll see for yourself."
--Elizabeth Tellez, CPA
ADVANCED ACCOUNTING CENTER, LTD.
Business Tax Returns
For years, Advanced Accounting Center, Ltd. (AAC) has been providing personalized tax advice to individuals and companies in the Fox Valley area. AAC offers a wide range of services ranging from administration of taxes and accounting to more complex services such as tax return preparation for Corporations, Partnerships, Limited Liability Company and Sole-Proprietors.
Our goal is to minimize your taxes "legally." Certified Public Accountant, Elizabeth Tellez, keeps herself and her team of professionals up to date with current tax laws and regulations so we can provide you with accurate tax advice. Advanced Accounting Center, Ltd. follows the professional conduct of the American Institute of CPAs and is a member of the Illinois CPA Society.
What makes a Licensed CPA in Illinois different from a Registered Tax Return Preparer?
Illinois Licensed CPA
Registered Tax Return Preparer
College Graduate 150 Hours Required to Sit for the CPA Exam
College Degree NOT Required (Must Be at Least 18 Years of Age and Have a GED)
Assessment of Knowledge
Must Pass a Rigorous CPA Exam
Must Pass an IRS Competency Test
Must be licensed by the State Regulatory Body
Licensed Reviewed and Renewed Every Three Years by the Illinois Department of Financial and Professional Regulation
No Review by the State
Must have PTIN
Must have PTIN
120 Hours of Required Education Every 3 years (Including 4 Hours of Ethics)
15 Hours of Required Education Per Year
Subject to CPA Code of Professional Conduct and IRS Standards
Must Adhere to IRS Ethics Standards
Subject to State Ethics Oversight and Enforcement
Handling IRS Matters
Unlimited Ability to Represent Tax Payers Before the IRS
Can't Represent Tax Payers Before the IRS Beyond Returns Prepared and Signed
Generally a Long Term Trusted Advisor, Beyond Preparing and Annual Tax Return
Might be Hired Just to Complete the Tax Return for a Particular Year
Required System of Quality Control in Place in Most Firms
No Requirement of Quality Control
We see the forest and the trees....we'd like to show you what we see.
Advanced Accounting Center, Ltd will analyze and identify potential problems in your business plan and provide you with expert advice on how to avoid or eliminate current issues. We invite you to schedule an appointment with our accounting expert Elizabeth Tellez, CPA to discuss your existing accounting needs and additional ways AAC can help your business prosper. 630-966-9870