From IDFPR-licensed attest engagements to proactive tax planning and CFO advisory — comprehensive CPA services delivered personally in Naperville, IL.
Ashar CPA is licensed by the Illinois Department of Financial and Professional Regulation (IDFPR) and enrolled in the AICPA Peer Review Program. Our attest services are performed in strict conformity with AICPA professional standards — giving lenders, investors, and stakeholders the independent verification they require.
Limited assurance that no material modifications are needed. Required by banks for SBA loans over $500K, franchise agreements, investor reporting, and lender covenants. Performed through management inquiries and analytical procedures in conformity with SSARS.
The CPA assembles financial data into properly formatted statements using accounting expertise. No assurance expressed — ideal for internal reporting, smaller loan applications, and building your financial baseline.
Reasonable assurance — the highest level of CPA assurance. Required for larger organizations, nonprofits receiving federal funds, and entities with regulatory or investor obligations. Includes risk assessment, internal control evaluation, and substantive testing.
Factual findings on specific procedures agreed upon by the engaging party. No opinion expressed — ideal for contract compliance verification, lender-specific tests, and targeted financial investigations.
Positive assurance on financial forecasts and projections — commonly required by lenders, private equity partners, and franchise development agreements.
We go beyond compliance filing. Our tax services are built around year-round strategy — identifying opportunities before December 31 so that savings are captured, not missed. From your personal 1040 to your business entity return, every filing is reviewed for planning opportunities.
Accurate, thorough preparation of federal and Illinois state returns for individuals, S-corps, partnerships, LLCs, C-corps, and nonprofits. Every return reviewed by a licensed CPA.
Proactive strategy throughout the year — retirement plan contributions, depreciation elections, income timing, estimated tax management, and entity structure optimization. We call you before deadlines, not after.
If the IRS or Illinois DOR contacts you, we handle the response. Audit representation, notice response, offer in compromise, and payment arrangement negotiations.
Filing in multiple states, nexus analysis, and Illinois sales tax registration and compliance for businesses with out-of-state operations or e-commerce activity.
Accurate books are the foundation of every good business decision — and every clean attest engagement. We deliver timely monthly financials so you always know your true position, and so your year-end review or audit starts from a place of strength.
Transaction categorization, bank and credit card reconciliation, accounts payable and receivable management, and monthly close. Delivered within 10 business days of month-end.
Monthly income statement, balance sheet, and cash flow statement — formatted for owners, lenders, or investors. Custom KPI dashboards available.
Full-cycle payroll for employees and contractors — including Illinois withholding, FICA, FUTA, W-2s, 1099s, and quarterly 941 filings. Direct deposit setup and records management.
QuickBooks Online and Xero setup, chart of accounts structuring, historical data migration, and training for your team.
Many business owners in DuPage County don't need a full-time CFO — they need a trusted advisor who understands their numbers and helps them make better decisions. That's what we provide: fractional CFO thinking at a fraction of the cost.
Monthly advisory calls to review financial performance, identify risks, and align financial decisions with business goals. We serve as your sounding board on every major financial question.
LLC vs. S-Corp vs. C-Corp analysis — tax implications, liability protection, owner compensation strategy, and Illinois formation filing support.
13-week cash flow models, annual operating budgets, and scenario analysis so you know where your cash is going — before it's gone.
Prepare reviewed or audited financials, projections, and financial narratives for SBA loans, bank financing, equipment financing, and investor presentations.