Accounting for Consultants & Engineers in Chicago & the North Shore

Your expertise shines when your finances stay organized

Consultants and engineering firms juggle shifting workloads, fluctuating revenue, and project-based financial demands. We help you stay profitable, organized, and tax-efficient—so you can focus on delivering results, not managing spreadsheets.

Outline of a white hard hat.

Accounting That Fits How Consultants & Engineers Work

Consulting and engineering practices often face:



  • Project-based income
  • Variable or irregular revenue streams
  • Travel or reimbursable expenses
  • Independent contractor status (1099)
  • Complex billing structures
  • Contract vs. full-time engagements

We bring clarity to this complexity—making sure you understand where your money is going, how much you’re really earning per project, and what your tax obligations look like year-round.

Get Financial Visibility Into Every Engagement

Our services for consultants and engineers include:



  • Job costing & project-based accounting
  • Tracking billable vs. non-billable hours
  • Invoicing support & revenue tracking
  • Expense categorization (travel, equipment, subs)
  • Monthly cash flow reporting
  • Quarterly estimated tax planning
  • Budgeting and forecasting for upcoming projects
  • Payroll setup for adding subcontractors or employees

We help you see profitability at the project level—ensuring you're pricing correctly, controlling expenses, and maintaining healthy margins.

Three businesspeople in a meeting, around a table, inside a modern office space, discussing documents.

Reduce Taxes Legally With Strategies Built for Your Field

From 1099 contractors to growing engineering teams, we tailor tax strategies that help you keep more of what you earn:



  • S-Corp election guidance to reduce self-employment tax
  • Choosing or restructuring your business entity
  • Maximizing allowable business deductions
  • Retirement contribution planning
  • R&D tax credit opportunities for qualifying engineering work
  • Multi-state tax compliance for remote projects

We ensure your tax plan is proactive, legal, and aligned with your income patterns—not a rushed decision at year-end.

Free Yourself From Admin Work & Focus on Client Delivery

Consultants and engineers value efficiency—so our service is built to save you time. We deliver:



  • Monthly financial statements that clearly show your performance
  • Forecasts for upcoming project cycles
  • Cash flow plans to cover slow periods
  • Guidance on hiring subcontractors or staff
  • QuickBooks setup & optimization for your workflow
  • Support as you scale from solo consultant to multi-employee firm

You get a financial partner who helps you grow with confidence.

Experience Across Consulting & Engineering Disciplines

We support:


  • IT consultants
  • Management and business consultants
  • Freelance and contract engineers
  • Small engineering firms
  • Coaches, advisors, and other professional service providers

From software development firms to civil engineers, our experience spans project-driven businesses of all sizes—giving us insight into the financial patterns and tax rules unique to your work.

Frequently Asked Questions

  • How do you help consultants handle irregular or seasonal income?

    We project cash flow needs, adjust estimated tax payments, and build financial cushions into your planning so slow months don’t create financial strain or tax surprises.

  • Can you help determine the right hourly rate or project pricing?

    Yes. By analyzing overhead, billable utilization rates, margins, and market benchmarks, we help set pricing that supports both profitability and growth.

  • Do you assist with managing subcontractors or 1099 workers?

    We help structure payments, track costs by project, prepare 1099s, and ensure compliance with worker classification laws to avoid penalties.

  • How do you support engineers pursuing R&D tax credits?

    We evaluate whether your projects meet IRS criteria, help document qualifying activities and expenses, and prepare the necessary forms to claim available credits.

  • Can you help me plan financially before I take on a large project?

    Absolutely. We model cash flow timing, material/labor cost estimates, tax implications, and resource needs so you can accept projects confidently and profitably.

Person writing on a document at a wooden table, next to a laptop and a clear binder.

Transform Your Expertise Into Greater Profit

Work with an accountant who understands consulting and engineering from the ground up. We’ll help you streamline your finances, reduce taxes, and regain valuable time.