Business Details
11 Years
experience
Your Trusted Accounting and Tax Services Partner
Founded in 2015, Lorenzana Tax & Accounting Services is led by Noel B. Lorenzana, a Registered Certified Public Accountant licensed in Illinois with over 30 years of combined experience in taxes, accounting, and business operations. Our firm combines traditional expertise with modern tools to deliver tailored financial solutions for small businesses and individuals. We specialize in S-Corporations and small to medium-sized service businesses, offering tax preparation, bookkeeping, and accounting services that ensure compliance and optimize financial outcomes. As QuickBooks Online Certified Pro Advisors and Xero Certified Advisors, we leverage industry-leading software to provide accurate, real-time financial insights.Our commitment to continuous learning and innovation ensures clients receive current, effective guidance. We serve both local clients in the Northwest Suburbs of Chicago and virtual clients nationwide, prioritizing ethical problem-solving and relationship-building over transactional interactions. Our focus on Main Street businesses reflects our dedication to empowering entrepreneurs through strategic financial advisory services.
Services
Individual Taxes
Business Taxes
Accounting and Bookkeeping
Tax Resolution
IRS Representation
Software Training
Tax Consulting
Details
- Year established: 2015
Highlights and features
- We are Certified Public Accountants with 30+ years of hands-on experience.
- Specialize in S-Corporations and small to medium-sized service businesses.
- Tech-savvy solutions using QuickBooks and Xero for real-time financial management.
- Proven expertise in resolving IRS tax issues for hundreds of clients.
- Personalized service combining ethical problem-solving with strategic planning.
Associations and certifications
- QuickBooks Online Certified Pro Advisors
- Xero Certified Advisors
What people say
Expert IRS resolution
Personalized CPA service
Reliable compliance support
Tech-savvy solutions
30+ years experience
Services
Individual Tax Preparation
We prepare accurate federal and state tax returns for individuals, ensuring compliance with IRS regulations. Our CPAs identify all eligible deductions and credits to maximize refunds while minimizing audit risk. Services include electronic filing and review of self-prepared returns.
Business Tax Services
Specialized tax preparation for S-Corporations, C-Corporations, and sole proprietors. We handle complex filings like Schedule C and optimize tax strategies to reduce liabilities. Our expertise ensures compliance and maximizes after-tax profits for businesses.
Bookkeeping & Accounting
Monthly or quarterly bookkeeping services using QuickBooks or Xero. Includes financial reporting, 1099 filing, and tax return preparation. Fixed pricing plans provide predictable costs and real-time financial insights for business decision-making.
Tax Resolution
Expert assistance with IRS tax debt, audits, and compliance issues. Our CPAs negotiate payment plans, offers in compromise, and penalty abatements. Proven track record resolving tax problems for hundreds of individuals and small businesses.
Software Training
Certified training for QuickBooks Online and Xero platforms. We implement accounting systems tailored to business needs and provide ongoing support to ensure efficient financial management through cloud-based tools.
People
Noel B. Lorenzana
Certified Public Accountant
Illinois-licensed CPA with 30+ years of experience in tax preparation, accounting, and business consulting. Specializes in S-Corporations and IRS resolution. Holds a B.S. in Accounting from the University of Illinois (1994).
Questions
What accounting software do you support?
We are certified in QuickBooks Online and Xero, providing implementation, training, and ongoing support for both platforms.
Can you help with IRS tax debt?
Yes, our CPA specializes in IRS resolution services including payment plans, audits, and penalty abatement for individuals and businesses.
Do you serve out-of-state clients?
We offer virtual services nationwide, supporting clients across the U.S. through secure online portals and cloud-based tools.
What tax services do you offer?
We prepare individual and business tax returns, handle complex corporate filings, and provide strategic tax planning to minimize liabilities.
How are bookkeeping fees structured?
Monthly fixed-fee plans start at $800, with tiered options based on business revenue and service requirements.
Are you available year-round?
Yes, we provide ongoing accounting support and tax services throughout the year, not just during tax season.
