Bloom Associates, Inc.
6912 West Cermak Road
John P. Bensfield, CPA. Education: University of Illinois (BS, 1978) Passed the certified public accountant examination in Illinois. Illinois Public Accountant License #065-015312 with a minimum continuing education requirement of 40 hours per year average since 1982.
Practice specialties include business organization, planning and formation as well as computerized accounting and financial reporting. Expertise in corporate, partnership and individual income tax preparation, as well as, payroll, sales and excise tax reporting. Proficiency with income taxation and planning for corporations, individuals, estates and trusts.
Professional affiliations include memberships in the National Society of Accountants, the National Association of Tax Professionals, and the Independent Accountants Association of Illinois.
Commercial and Corporate Accounting
Our services include professional guidance on the formation and structuring of new business enterprises, computerized bookkeeping and accounting services in addition to financial statement preparation. Financial reporting includes compiled statements, forecasts and projections. The firm has dealt extensively with financing arrangements for property and equipment acquisitions and sales, as well as operating capital needs. Other areas of experience include mergers, acquisitions, liquidations and dissolution of various business enterprises.
Tax Preparation and Planning
The firm has a solid tax practice that originated back in 1936. Tax services for individuals include federal and state income tax preparation, planning and research. For business clients, federal and state income tax preparation, and all required sales and payroll taxes are provided. The firm also works extensively with estate, trust and gift tax preparation and planning.
The firm's experience and network of clients enable us to find solutions to client's needs. We help individuals and businesses to make the best decision for their needs so they can thrive, not just survive. Our areas of concentration include systems consulting, business sales, merger and acquisition assistance, real estate sales and acquisitions, and litigation support.