Payroll Companies & Payroll Services in Peoria, IL

Ginoli & Company Ltd. is a certified public accounting firm in Peoria, Illinois. It has worked with households and companies in the central part of the state since 1951. Payroll is one of its core offerings, along with bookkeeping, tax preparation, financial statements and assurance work. For buyers comparing payroll providers, the main draw is that the same CPA-led staff who run payroll can also keep a company's books and prepare its tax returns.

Payroll services

The firm mainly serves small employers, though it says it can handle payroll for businesses of varying sizes. Payroll can run on a weekly, every-other-week or monthly cycle. The team works out gross pay, overtime and every withholding for each worker. The service includes:

• Payroll runs with wage, overtime and deduction calculations
• Direct deposit setup, plus online pay stubs employees can view securely
• Federal returns, including Forms 941 and 940
• Illinois income tax withholding and state unemployment insurance reporting
• Local filings, with tax deposits made on time
• Deductions for health benefits, retirement plans and wage garnishments
• Tracking of paid time off accruals
• Year-end preparation and distribution of W-2s and 1099s
• An optional cloud-based payroll setup for remote access

Each payroll is reviewed a second time for accuracy and compliance before it goes out, and the resulting reports are checked and stored securely. Each client has one assigned local contact rather than a call center. That person helps with setup, answers questions about reports and explains anything unfamiliar.

Packages are built for small-business budgets and can be tailored so an employer pays only for the parts it uses. The firm says its pricing is transparent and has no hidden charges.

Related accounting support

Because payroll feeds the general ledger, many clients combine it with the firm's bookkeeping service. That service covers ledger setup and upkeep, monthly or quarterly reconciliations, tracking of payables and receivables, sorting expenses into categories, Illinois sales tax records and custom financial reports. The staff includes Certified QuickBooks ProAdvisors who can configure, repair and maintain QuickBooks files.

The firm also prepares cash flow statements, income statements and balance sheets. It conducts audit, review and compilation engagements for companies and nonprofit organizations. Its tax work for individuals and businesses includes entity selection advice, planning across multiple states, quarterly estimates and IRS compliance. Its bookkeeping clients include retailers, construction contractors, service companies and startups.

Background and credentials

The professional team includes CPAs Michael Remmele, Mark Reinken, Andy Saltzman and Jenny Shoemaker, backed by accounting and administrative staff. The firm's work is peer reviewed through the Illinois CPA Society, and its accountants take ongoing training in tax law, compliance and technology. Because the firm is small, clients deal directly with senior people.

From its Peoria office, Ginoli & Company serves Pekin, Morton, East Peoria, Peoria itself and other central Illinois towns south of Interstate 80. Its staff also support area chambers of commerce and volunteer locally.

Gorenz and Associates, Ltd. is a long-standing accounting practice on North Knoxville Avenue in Peoria, Illinois. It works with individuals and companies across the Peoria area. Payroll is one part of a broader client accounting offering that also covers bookkeeping, tax work, audits and advisory support. For employers comparing payroll providers, the firm offers payroll handled by the same accountants who can also manage a business's books and tax filings.

Payroll and bookkeeping services

The firm delivers payroll through its in-house bookkeeping department. The work runs throughout the year. It includes preparing the related payroll tax returns, maintaining the records employers must keep, and tracking shifts in payroll tax rules so clients stay compliant.

The firm emphasizes keeping payroll data confidential and secure, and its staff act as a resource for working through difficult payroll questions. Because payroll is bundled with other recurring accounting tasks, clients can hand several time-consuming administrative jobs to one team. Related offerings include:

• Payroll processing and payroll tax return preparation
• Payroll record-keeping and compliance monitoring
• Monthly, quarterly or annual financial statements
• Sales tax return preparation from receipts and collection reports
• QuickBooks support
• Ongoing bookkeeping

Wider accounting, tax and audit work

Beyond payroll, the firm prepares taxes for individuals and businesses and handles estate administration and planning. It also performs audits, reviews, compilations and engagements covering agreed-upon procedures. A principal stays directly involved with each audit from beginning to end. The practice follows a formal quality control system aligned with AICPA and Illinois CPA Society standards.

Because it audits governmental bodies, it completes internal reviews in two of every three years and an outside peer review once every three years. Its most recent peer review produced an unqualified opinion.

Industries served

The firm has a notable agricultural client base and serves several other sectors, including:

• Grain elevators, feed, fertilizer and farm implement dealers
• Farmers and agricultural businesses
• Automobile dealerships, manufacturers and contractors
• Non-profit organizations
• School districts, cities, villages, townships, and road, fire protection, park and library districts

For governmental clients, it provides financial statement audits, audits under Government Auditing Standards, single audits, and help with budgets and levies.

Background

Leo Gorenz, Jr. founded the practice in the 1950s, and it grew on his reputation for integrity and attentive client service. Since his death in 2006, four active partners have led the firm. Its stated aim is to deliver strong service at a fair, competitive cost. It also seeks to help clients stay financially sound today while planning ahead for future goals. Clients can use a secure NetClient portal and can pay invoices online.

Overview

Supreme Accounting & Tax Services, Inc. is an accounting and tax firm that works from a single office in Peoria, Illinois. For buyers in central Illinois, including the Bloomington area, the firm offers payroll as one part of a broader accounting and bookkeeping practice. It does not present payroll as a standalone platform. The firm frames its mission around giving clients time back and reassurance about their financial obligations. It pairs routine accounting work with tax and business advisory support.

Payroll and Accounting Services

Payroll management falls under the firm's accounting and bookkeeping work. Alongside payroll, the team tracks money moving into and out of a business, covering both what customers owe and what the company owes its vendors. This suits small employers who want one outside team to handle payroll together with the rest of their books. The accounting services listed on the site include:

• Payroll management
• Accounts receivable tracking
• Accounts payable handling
• Financial statements prepared under GAAP for lenders, investors and other outside parties
• Tailored financial reports for owners and managers

Businesses seeking bank financing or reporting to investors can use statements built to the Generally Accepted Accounting Principles standard. Internal reports can be shaped around the figures management wants to monitor. Payroll data sits with the same team that produces these reports, so a client's wage costs feed directly into its financial picture.

Tax Support

Tax work is a large part of the practice, which matters for employers whose payroll duties connect to wider tax compliance. The firm prepares federal, state and local returns for individuals, small businesses and corporations. It lists experience with partnerships, corporations, LLCs, rental real estate, trusts and self-employed filers. Planning continues throughout the year rather than only at filing time.

Staff monitor changes in tax legislation at every level of government to find ways of lowering current and future liabilities. Clients who want faster refunds can ask about options for speeding up that process.

When disputes or notices arise, the firm offers full representation before the IRS and before state and local taxing agencies. It also reports experience negotiating Offers in Compromise on behalf of clients facing federal tax debts.

Consulting and Client Experience

Small business consulting rounds out the lineup. It is aimed both at entrepreneurs launching a new venture and at established owners looking for more efficient ways to operate. Clients can use a secure online portal to upload tax documents and submit payments, which reduces the need for in-person drop-offs. The Peoria office keeps weekday business hours, and the firm emphasizes quality service at competitive rates.

Buyers comparing payroll companies should note that Supreme Accounting & Tax Services does not advertise proprietary payroll software or a named payroll product. Its value lies in combining payroll oversight with bookkeeping, financial reporting, tax preparation and advisory work under one firm. That arrangement may appeal to smaller organizations that prefer a single accounting relationship over separate specialist vendors.