Heard & Associates – Tax, Accounting & Bookkeeping

Heard & Associates - Tax, Accounting & Bookkeeping is an Accountant in Chicago, IL, located at 5113 S Harper Ave Suite 2C. The firm provides expert tax preparation, accounting, bookkeeping, and advisory services for individuals, small businesses, and nonprofits. Founded by Darrel Heard, a Certified Accountant and Tax Professional, the practice delivers financial clarity and reliable guidance with a focus on professionalism, accuracy, and care. The team maintains expertise in QuickBooks, Xero, FreshBooks, Ambrook, Roadvisor, and Intuit ProConnect, and holds Certified QuickBooks ProAdvisor (Advanced) status. Services span income tax preparation, multistate tax filing, state and local tax compliance, payroll processing, and business setup. The firm also handles IRS representation for audits and disputes, amended returns, and back taxes. Heard & Associates serves clients across Chicago, staying current with Illinois tax laws and local compliance regulations to support long-term growth and financial stability.

The firm’s approach centers on stress-free financial solutions, organizing transactions and reconciling accounts to deliver clean, tax-ready financials year-round. For individuals, Heard & Associates provides Form 1040 preparation, covering wage and salary reporting, self-employment income, investment income, retirement income, and rental income. The team carefully evaluates returns to identify eligible deductions and credits, including itemized deductions, education credits, child-related tax credits, and health insurance premium considerations. For business entities, the firm prepares Form 1065 for partnerships, managing partner capital accounts, guaranteed payments, and Schedule K-1s. S-Corporation services include Form 1120-S filing, shareholder schedule preparation, and guidance on reasonable compensation to reduce payroll and self-employment tax exposure. The practice also assists with tax extensions, catch-up filings for overdue returns, and multi-year filings to minimize penalties.

Heard & Associates - Tax, Accounting & Bookkeeping holds a 5.00 rating based on customer reviews. This positive rating reflects the trust clients place in the firm’s accurate filing, strategic tax planning, and dependable financial support. The practice stands among the strongest local options for those seeking certified expertise in tax resolution and compliance.

The firm is situated on S Harper Ave, just steps from East Hyde Park Boulevard and within a short walk of South Lake Park Avenue. It is located near Kenwood Academy and the 51st-53rd Street train station in the Hyde Park area.

BizScoreAI awards Heard & Associates a Discoverability score of 100 out of 100, ensuring that AI crawlers can find every page of the website so that AI assistants can recommend the business. The firm also achieves a Performance score of 99 out of 100, reflecting fast website loading that keeps visitors engaged and supports search engine rankings. Additionally, the business ranks number 1 of 32 Accountant businesses that BizScoreAI has scored in Chicago.