Serving our Clients For More Than 50 Years
Since 1965, Caufield and Flood has been a highly-respected member of the greater Chicago and McHenry County communities, helping individuals and businesses achieve their financial goals. Our firm is committed to upholding traditional values of honesty and integrity, as we deliver accurate and timely services utilizing leading edge technology.
Our team of trusted accounting professionals serves as an invaluable partner to our clients, keeping them abreast of, and in compliance with, the latest legal and regulatory laws related to tax, accounting, and payroll functions. In addition, our firm’s client-centric focus means that every client can be assured that they will receive personalized service and solutions to effectively address their unique financial situation.
If you are interested in a career at Caufield & Flood, please visit our careers page.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.