Payroll Companies & Payroll Services in Elgin, IL

Overview

Jedd Financial is an accounting and tax practice located in downtown Elgin, Illinois. It works with individuals, owner-operated companies, executives and independent professionals. Alongside bookkeeping and tax work, the firm runs an outsourced payroll offering. It is aimed mainly at smaller employers who would rather not handle wage processing and payroll tax compliance in-house. The website also displays the name Jedd Reliable Tax at the same Grove Avenue address, which suggests both brands operate from a single office.

Payroll Services

The firm presents payroll outsourcing as a way for owners to reclaim time. Its payroll page notes that a typical small company owner can lose roughly eight hours each month to pay-related tasks, or about a dozen working days per year.

Employers who hand that work to Jedd Financial avoid building and updating their own payroll system and skip manual data entry. They also no longer need to track changes in wage and tax rules themselves. The firm describes three tailored processing options so clients can choose the level of involvement that suits them, with a comprehensive, full-service tier among them.

• Outsourced payroll processing for small and growing employers
• Calculation and filing of federal, state and municipal payroll taxes
• Standard payroll reports designed to be clear and accurate
• Optional add-on reporting for a modest extra charge, such as union reports, certified payroll and workers' comp filings
• Help resolving payroll tax problems with the IRS

On cost, the firm argues that outsourcing lets employers use existing staff more productively and avoid hiring dedicated payroll specialists. The people handling the work are accountants rather than a standalone software vendor. That means payroll can sit alongside the client's books, tax filings and broader financial advice.

Related Business and Tax Support

Payroll clients can draw on a wider menu of business services:

• Bookkeeping for small companies and part-time CFO support
• Cash flow projections and strategic business planning
• Help with new business formation
• Accounting guidance for non-profit organizations seeking to protect their tax-exempt status
• QuickBooks setup, training, tune-ups and tips, plus the option to buy the software through the firm
• Tax preparation and planning
• Tax problem cases, including IRS audit representation, unfiled returns, back taxes, payment plans and innocent spouse relief

Working With the Firm

The firm says it is guided by professionalism, responsiveness and quality, and it stresses personal attention from its staff. Prospective clients are invited to start with a complimentary first consultation. Existing clients can use a secure online portal, pay fees through the website and book appointments online.

For individuals, the practice also offers personal financial planning, estate planning, elder care assistance and credit repair. This combined approach may suit Elgin-area employers who want payroll handled by a local accounting office that also manages their taxes and QuickBooks files.

Overview

Joseph A Matz & Associates LTD is a certified public accounting practice in Elgin, Illinois. It has worked with individuals and businesses since 1993. The firm is best known as a tax and accounting office, but payroll processing is part of its business offerings.

That makes it worth considering for companies that want wages, withholding and the related books handled by the same advisors who prepare their returns. Buyers comparing payroll providers should treat it as a full-service CPA firm rather than a stand-alone payroll bureau.

Payroll and Related Support

The firm says its payroll work is shaped around each client's circumstances. The goal is to take administrative work off owners so they can concentrate on operating their companies. Its business services material names compliance with federal and state payroll tax obligations as one of the concerns it helps owners manage.

Sales and use tax and estimated tax deadlines are listed alongside it. The site does not publish details such as pay frequencies, direct deposit options or the software platforms used, so prospective clients should ask about those directly. Because payroll is tied closely to recordkeeping, the firm pairs it with:

• Bookkeeping and small business accounting
• Part-time or fractional CFO and controller support
• Cash flow projections and management
• QuickBooks setup, training, troubleshooting and tune-ups
• Internal control assessments

Broader Accounting and Tax Services

Beyond payroll, the practice prepares federal and state tax returns for both businesses and individuals. It also offers:

• Proactive tax planning
• New entity formation and strategic advisory work
• Financial planning for companies
• Succession planning for family-owned businesses

For assurance, the firm performs audits, reviews and compilations of financial statements. These give owners three tiers of reporting, depending on what lenders, investors or stockholders require. It also handles business valuations, forensic accounting and litigation support, and helps clients prepare loan requests for bank financing. For individuals, it assists with estate, retirement and wealth planning, prepares trust and estate returns, and represents clients before the IRS and state tax agencies.

How the Firm Works

The principal describes a team-oriented philosophy rooted in athletics. Much of the staff grew up playing ice hockey, and the firm draws on that background to stress work ethic and collaboration. In practice, it builds a network of staff and outside professional relationships around each client to support many aspects of running a business.

Its stated mission is a comfortable environment for both employees and clients, with accuracy and professionalism kept high. Clients get a password-protected online portal for storing and retrieving financial documents, and the site also provides a secure file transfer tool.

Credentials and Distinguishing Features

The firm lists the following qualifications:

• Certified Public Accountant license
• MBA
• Master of Science in Taxation
• Chartered Global Management Accountant (CGMA) designation
• Membership in the Illinois CPA Society

Its single published office is in Elgin. Clients may discontinue services at any time, and work completed up to that point is billed under the service agreement. For employers who want payroll coordinated with bookkeeping, tax filings and advisory support in one place, this mix of credentials and breadth is the firm's main distinguishing feature.