What we see in Oak Brook
Oak Brook is one of the Chicago area’s main suburban business centres, home to corporate headquarters, Oakbrook Center, office campuses along 22nd Street and Butterfield Road, and a high concentration of franchise and multi-unit restaurant operators. Its residents include many senior executives and business owners.
The work in Oak Brook is planning-heavy: equity compensation, pass-through income from closely held companies, the Illinois PTE election, estate exposure, and for operating companies, a controller-level monthly close that the owners and their lenders can rely on.
Oak Brook clients we work with most
Closely held companies
Monthly closes, budget-versus-actual, cash forecasting and a CFO-level Action Plan for companies without a full-time finance team.
Franchise and multi-unit operators
Unit-level P&L, royalty and ad fund accounting, and the depreciation and financing decisions that come with each new location.
Senior executives
RSUs, options and deferred compensation, the 3.8% net investment income tax, and Illinois estate planning.
The tax issues that actually come up in Oak Brook
These are the questions Oak Brook owners and households bring to Net Cash Pro most often. Several are Illinois-specific, which is exactly where national tax software and out-of-state preparers tend to get things wrong.
Fractional CFO for a growing company
A company with $3–20 million in revenue usually needs CFO judgment before it can justify a CFO salary. Net Cash Pro’s Controller/CFO service delivers a monthly Scoreboard, a rolling cash forecast and an Action Plan meeting, so decisions about hiring, pricing and financing are made with current numbers.
The Illinois PTE election
Illinois lets a partnership or S-Corp elect to pay state income tax at the entity level. That converts what would be a capped personal state-and-local-tax deduction into a fully deductible business expense, and owners receive a credit on their personal Illinois return. Whether it is worth electing depends on owner income and DuPage property tax bills, so it gets modelled every year rather than assumed.
Nonqualified deferred compensation
Executives offered deferred compensation plans have to choose how much to defer and when to take distributions, often years in advance. The decision depends on expected tax rates in retirement, where you will live, and the company’s financial strength, since deferred amounts are unsecured.
The Illinois estate tax threshold
Illinois imposes its own estate tax with a $4 million exemption that is not portable between spouses and is far lower than the federal exemption. A DuPage household with a paid-off home, retirement accounts and a business interest can cross it without feeling wealthy. Lifetime gifting and how assets are titled need planning while both spouses are alive.
Flat fees, published up front
Net Cash Pro does not bill hourly. Oak Brook clients get a fixed price before any work starts, so a question in September does not turn into an invoice.
Federal + Illinois, e-filed
single-member LLC return
partnership return
starting price
Controller / CFO advisory starts at $1,995/month and includes everything in bookkeeping plus a monthly financial Scoreboard and Action Plan. See full pricing →
Frequently asked
Does Net Cash Pro provide fractional CFO services in Oak Brook?
Yes. Controller/CFO advisory starts at $1,995/month and includes monthly bookkeeping, a financial Scoreboard with Green/Yellow/Red indicators, cash flow forecasting, profitability analysis and a monthly Action Plan meeting with the owners.
Should my company make the Illinois PTE election?
Often, for profitable S-Corps and partnerships with Illinois-resident owners, because it converts capped personal state tax into a deductible business expense. The answer depends on each owner’s situation, so Net Cash Pro models it annually before the election is made.
How much does a tax preparer cost in Oak Brook, IL?
Net Cash Pro charges flat fees rather than hourly rates: $225 for a personal federal and Illinois return, $550 for a sole proprietor or single-member LLC, and $850 for an S-Corp, C-Corp or partnership. Monthly bookkeeping starts at $495 and Controller/CFO advisory at $1,995. Oak Brook clients get the price in writing before any work starts.
Do Oak Brook clients have to come to the office?
No. The Net Cash Pro office at 722 Huntington Dr, Carol Stream is about 20 minutes from Oak Brook, and in-person meetings are available by appointment. Many Oak Brook clients upload documents securely and meet by phone or video instead.
Talk to an Enrolled Agent about your Oak Brook business
The first 30-minute consultation is free. Bring last year's return and we will tell you plainly whether there is money being left on the table.