What services does DWK Tax & Accounting offer?

DWK Tax & Accounting offers tax preparation and planning, bookkeeping, accounting, business advisory, and outsourced CFO services for individuals and small businesses in Wheaton, IL and DuPage County.

Where is DWK Tax & Accounting located?

DWK Tax & Accounting is based in Wheaton, Illinois, serving clients throughout DuPage County including Naperville, Glen Ellyn, Lisle, Downers Grove, and the greater Chicago suburbs.

Do you work with small businesses?

Yes. DWK Tax & Accounting specializes in serving small business owners, entrepreneurs, and growing companies who need more than basic tax compliance, including strategic advisory and fractional CFO support.

How do I schedule a consultation?

You can schedule a consultation by visiting https://dwkcpa.com/contact, calling (708) 369-0044, or emailing david@dwktaxaccounting.com.

Why do electricians need a specialized CPA?

Electricians have accounting needs that generic bookkeepers miss: job costing that ties materials and labor to specific projects, vehicle and mileage deductions across multiple job sites, tool and equipment depreciation, and S corp elections that can save thousands in self-employment tax. A CPA who understands the electrical trade ensures your books reflect true job profitability and your tax strategy captures every trade-specific deduction.

How do you track job profitability for electrical contractors?

We set up job costing in QuickBooks that assigns materials, labor, subcontractor costs, and overhead to each project. This shows you the true profit margin on every job, residential service calls, commercial installations, and new construction. With this data, you can price future work from real costs rather than estimates, improving profitability over time.

Can an electrician benefit from an S corp election?

Yes, and it often makes sense once your net profit consistently exceeds $60,000-$80,000. The S corp election splits your income into a reasonable salary and distributions, reducing self-employment tax. We analyze your numbers, handle the election paperwork, set up the required payroll, and ensure your reasonable compensation is defensible if audited.

How do tool and equipment deductions work for electricians?

Tools and equipment can be expensed immediately under Section 179 (up to annual limits) or depreciated over their useful life. Vehicles used for business are deductible at the standard mileage rate or as actual expenses. We track both, ensuring every tool purchase and business mile is captured while keeping the documentation audit-ready.

Do you handle 1099s for subcontractors?

Yes. Electricians who use subcontractors must issue Form 1099-NEC to each subcontractor paid $600 or more in a year. We track subcontractor payments throughout the year and prepare and file 1099s at year-end, ensuring compliance with IRS reporting requirements.

Electricians

Electrician CPA & Accounting in Wheaton, IL

Electricians juggle service calls, new construction projects, and commercial installations, each with different cost structures and profitability. DWK Tax & Accounting provides CPA services to electrical contractors across Wheaton and DuPage County, implementing job costing that reveals true project margins, capturing vehicle and tool deductions, and structuring S corp elections that save thousands in self-employment tax. David Korzeniowski, CPA understands the electrical trade and provides the accounting infrastructure that helps electrical businesses grow profitably.

What We Handle for Electricians

Job costing for residential and commercial projects

Vehicle expense and mileage tracking

Tool and equipment depreciation (Section 179)

S corp election and reasonable compensation analysis

Subcontractor 1099 issuance and compliance

QuickBooks setup with job costing configuration

Materials and supplies inventory tracking

Electrical contractor-specific tax deductions

Business and personal tax preparation

Payroll for owners and employees

Know Your True Job Margins

An electrician can be busy every day and still not know which types of jobs are most profitable. Without job costing, materials and labor are lumped together, and you cannot tell whether residential service calls or commercial installations are driving your bottom line.

David Korzeniowski, CPA sets up job costing in QuickBooks that separates every project, so you can see margins by job type and price your services based on real data. Combined with S corp tax savings and proper tool depreciation, this creates a financial strategy that rewards the hard work you put in.

Related Services

S Corp Tax Preparation Monthly Bookkeeping Payroll Services Business Tax Preparation QuickBooks Cleanup

Serving DuPage County

CPA in Wheaton, IL CPA Serving Addison, IL CPA Serving Bloomingdale, IL

Why Choose DWK

A CPA Partner Who Invests in Your Success

Business owners choose DWK Tax & Accounting because they get direct access to a licensed CPA who understands their industry, their goals, and their numbers, not a revolving door of staff.

Licensed Illinois CPA

David Korzeniowski is a licensed Certified Public Accountant in the State of Illinois, not a seasonal tax preparer or a software dashboard. Every return is prepared and reviewed by a CPA who is accountable for accuracy and compliance.

Small Business Experience

8+ years working with contractors, restaurants, medical practices, law firms, e-commerce, real estate investors, and consultants across DuPage County. Industry-specific knowledge means better deductions and fewer surprises.

Year-Round Support

Tax strategy doesn't stop in April. David is available throughout the year for questions, planning conversations, and proactive adjustments, not just at filing season.

Proactive Tax Strategy

We plan ahead. Entity structure, timing, retirement contributions, and quarterly estimates are reviewed continuously so you keep more of what you earn, legally and strategically.

Personalized Planning

Every business is different. Recommendations are built around your specific circumstances, goals, and growth plans, never a generic template or a one-size-fits-all checklist.

Local & Accessible

Based in Wheaton, serving DuPage County and the western suburbs. You can call, email, or meet in person. No call centers, no overseas outsourcing, no account handoffs.

Meet David Korzeniowski, CPA Read Client Reviews View Success Stories

Frequently Asked Questions

S Corp vs LLC in Illinois Top Tax Deductions for Small Businesses

Ready to Get Started

Take Control of Your Financial Future

Whether you need strategic tax planning, business advisory, or CFO-level financial leadership, DWK Tax & Accounting is ready to serve as a dedicated financial partner for your business.