ECS Financial Services

Business Details

50+ Years

experience

Trusted Accounting & Tax Services in Northbrook, IL

ECS Financial Services has been a trusted partner for businesses seeking comprehensive financial solutions since 1962. Our expertise spans accounting, tax compliance, lease portfolio management, and IT consulting, supported by a team of certified professionals with over 60 years of combined industry experience. We specialize in reducing clients' regulatory risks through multi-state sales tax compliance and personalized property tax solutions while offering advanced lease management software for 24/7 portfolio access.

Recognized for developing industry talent and maintaining affiliations with organizations like the American Institute of CPAs, we deliver customized services that streamline operations and improve bottom-line results. Our client-centric approach combines Midwest work ethic with global capabilities, serving clients across North America, Europe, and Asia.

Services

Lease Portfolio Management Tax Compliance Accounting Services IT Consulting Recruiting Services

Details

Year established: 1962

Highlights and features

We offer 60+ years of combined experience in accounting and leasing industries
Our customized solutions reduce tax exposure and operational overhead
24/7 access to portfolio management software with personalized configuration
Team includes certified CPAs and CLFPs with global industry expertise
Proven track record serving clients across North America, Europe, and Asia

Associations and certifications

American Institute of CPAs
National Equipment Financing Association
Canadian Finance & Leasing Association

What people say

Tremendous, valued resource Professionalism and Midwest work ethics Invaluable strategic support Organized and grew business Industry-leading expertise

Website

Update Listing

Services

Lease Portfolio Management

Our lease portfolio management services combine industry-specific software with expert accounting support to streamline operations. We handle lease setup, invoicing, accounts receivable management, and month-end reporting while providing 24/7 online access to portfolio data. Customizable configurations integrate seamlessly with clients' existing accounting systems to reduce administrative burdens and improve financial visibility.

Tax Compliance

We specialize in multi-state sales tax compliance and personal property tax solutions for businesses. Our CPAs conduct comprehensive tax reviews to identify missed credits and filing errors while ensuring regulatory compliance across jurisdictions. The Double Take program offers free tax return assessments to recover potential refunds, leveraging 60+ years of industry expertise to minimize tax liabilities and audit risks.

Accounting Services

Our accounting services include QuickBooks consulting, employee benefit plan audits, and peer review services. Certified professionals handle day-to-day accounting tasks while providing strategic financial guidance. We implement customized accounting processes that improve accuracy and efficiency, supported by advanced technology solutions that integrate with clients' existing financial systems for seamless operations.

IT Consulting

We offer IT consulting services focused on business process automation and network management. Our experts implement technology solutions that streamline financial operations and improve data accessibility. From help desk support to system integration, we deliver IT strategies tailored to clients' specific industry needs while maintaining compliance with financial data security standards.

Recruiting Services

Our recruiting services utilize sophisticated hiring platforms to identify top talent for financial institutions. We specialize in placing qualified professionals for accounting, tax, and finance roles while providing strategic workforce planning. The service combines industry knowledge with advanced candidate evaluation tools to match organizations with professionals who meet their specific operational requirements.

People

Shari Lipski

Principal

Recognized as a Mentor Extraordinaire by Monitors 2025 Most Influential People in Equipment Finance, Shari Lipski develops industry talent while maintaining technical expertise in equipment leasing and financial services.

Karen Tworek

Principal, CPA, CLFP

Karen Tworek leads tax compliance initiatives with specialized expertise in equipment finance taxation. She contributes industry insights through thought leadership articles and represents ECS in professional associations.

Vi Nguyen

Supervisor, CPA

Vi Nguyen specializes in tax preparation and compliance, providing technical expertise for individual and business tax services while mentoring junior staff in tax code requirements.

Michael Green

Client Representative

Michael Green serves as a key contact for Dakota Financial, LLC, leveraging ECS's accounting expertise for strategic projects and operational improvements over a 15-year professional relationship.

Bob Underwood

Business Owner

Bob Underwood credits ECS's professional services for organizing and growing his business through strategic financial guidance and compliance support based on Midwest work ethic principles.

Questions

What accounting services do you offer?

We provide lease portfolio management, tax compliance, QuickBooks consulting, employee benefit plan audits, and peer review services tailored to business needs.

How does your tax review process work?

Our free Double Take program reviews past returns for missed credits or errors, identifies potential refunds, and provides actionable recommendations within IRS guidelines.

Do you serve international clients?

Yes, we support clients in North America, South America, Europe, and Asia with multi-jurisdictional tax compliance and financial services.

What industries do you specialize in?

We focus on equipment leasing, financial services, and related industries with customized solutions for tax compliance and portfolio management.

How can I access my portfolio data?

Our clients receive 24/7 online access to lease portfolios with customizable reporting tools integrated into existing accounting systems.

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Reviews (5)

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Frank M.

Oct 07, 2017 Report

I have worked with Mitch Cohen and ECS since 1992. At the time, I was a credit analyst with a local bank and Mitch was an accounting associate at the firm. He and the firm have always been very accessible. In addition to that, the information provided in the accompanying footnotes made my job so much easier. The company whose information I was examining didn't even have audited statements. I could tell this was a firm that went above and beyond for its clients. Many years later, I referred the firm to a client who was being audited by the IRS. The company couldn't get its current

Christina L.

Jan 24, 2017 Report

My family has been using ECS Financial for 20+ years. We've worked with Nancy and Tobey and they've always taken great care of us! They are easily accessible and provide the best service to our business! Great company & great people-- definitely recommend ECS!

Carol N.

Jan 09, 2017 Report

We are so happy with the services of ECS for our personal tax preparation. We have had questions during the year and received an extremely timely response each time. We will return this year. We worked with Tobey W. and couldn't be happier with his clear explanations and guidance. This is a stable company, with good staff, and a reasonable price.

T. C.

Dec 16, 2016 Report

I have used ECS Financial Services for my personal tax preparation services for 20+ years. They have always quickly and thoroughly answered my many questions regarding my taxes. The staff at ECS is friendly and caring. They are very competent professionals. In the time I have been their client, I have never been disappointed. I highly recommend them for tax services and accounting needs!

Karen C.

Nov 18, 2016 Report

I have known and used ECS Financial for many years - both for my small business accounting needs and for our personal tax returns. Here's what great about ECS:
- Professionalism without jargon
- Listening - they really listen to understand what your challenges are and what you need
- Solutions - Tobey W, Sam O and all the other staff I have worked with talk me through options/pros and cons
- No up-selling. Based on their dedication to listening, they offer you all the services that you may need, but never any pressure to do more business with them than you need
- No-surprises billing. I pay