Advisory
Start, structure and stabilize businesses with CPA oversight from day one.
Entity choice, capitalization records, accounting system setup, and ongoing advisory for businesses that are growing or under pressure.
Formation
Set the entity up correctly
The structure chosen at formation affects tax, liability, capital access and exit. D&J helps founders compare the practical consequences of each option.
- C-corporation, S-corporation, partnership and LLC comparison
- Owner compensation and basis planning
- Accounting system selection and chart of accounts design
- Initial filings, EIN and Illinois registration coordination
- Shareholder, operating and buy-sell agreement review
Distress
Stabilize, then restructure
When cash is tight, records are behind or a creditor or agency is pressing, the first step is an accurate, current picture of the business.
- Catch-up bookkeeping and clean financial statements
- Cash-flow forecasting and 13-week runway modeling
- Creditor communication and payment plan analysis
- IRS and state notice triage and representation
- Coordination with legal counsel on reorganization or workout
Advisory is not audit or assurance
D&J advisory services are management consulting and accounting support, not an audit, review or compilation engagement. A separate engagement letter applies when any attest or assurance service is needed.
Distress work starts with facts
Before restructuring options can be compared, the books must be accurate and current. D&J typically begins distressed engagements with catch-up accounting and a current financial snapshot.