Expert Illinois Business Tax Credits & Incentives

Navigate Illinois business tax credits and incentives with guidance built for owners who need clarity, compliance, and measurable savings. F.I.C. helps Chicago-area and statewide businesses identify eligible credits, organize records, prepare filings, and align tax strategy with growth goals while keeping pace with changing Illinois tax rules and reporting requirements.

Business owner reviewing Illinois tax credit documents

Our Business Tax Credits Services

Integrated tax, accounting, payroll, and advisory support for Illinois businesses pursuing credits and incentives.

Business Tax Prep

Accurate business return preparation helps companies claim eligible deductions and credits while maintaining compliance. F.I.C. prepares returns based on entity size, complexity, and supporting financial documentation.

FIC Package

The FIC Package combines bookkeeping, payroll, sales tax, advisory services, business year-end tax returns, and personal returns to support coordinated planning for credits and incentives.

Bookkeeping Review

Reliable bookkeeping organizes transactions, expenses, and financial records so business owners can substantiate eligible tax credits, deductions, and incentive-related claims with confidence.

Payroll Support

Payroll services help track wages, employee classifications, filings, and year-end forms, which are often essential for evaluating hiring-related credits and workforce incentives.

Sales Tax

Sales tax support helps businesses calculate, file, and remain compliant with state and local requirements, especially when operations span multiple jurisdictions or growth plans affect obligations.

Audit Assistance

IRS audit assistance helps businesses respond to notices, organize documentation, and navigate questions involving returns, deductions, credits, or tax positions with professional support.

Tax advisor reviewing business incentive documents

Our Tax Credit Review Process

Review Your Business Profile

We begin by learning how your Illinois business operates, including entity type, revenue streams, payroll activity, hiring plans, locations, and recent investments. This gives our advisors the context needed to identify credits that may realistically apply.

Analyze Financial Records

Match Eligible Credit Opportunities

Prepare Supporting Documentation

File and Plan Ahead

The F.I.C. Difference

Why Choose F.I.C.?

F.I.C. brings experienced, integrated financial guidance to complex business tax decisions.

Experience

Over 35 years guiding businesses through tax, accounting, compliance, and financial decisions.

Local Insight

Chicago-based advisors understand Illinois business filings, payroll needs, and local compliance expectations.

One-Stop Support

Tax, bookkeeping, payroll, sales tax, advisory, insurance, and retirement planning under one roof.

Custom Strategy

Personalized strategies help Illinois owners pursue credits without relying on generic tax advice.

Meet The F.I.C. Team

Experienced advisors supporting Illinois business owners with clarity.

Portrait of Al Beheary, CEO of Financial Innovations Consulting

Al Beheary

CEO

Al Beheary serves as CEO of Financial Innovations Consulting (F.I.C.), bringing entrepreneurial vision and deep expertise in international and inter-state government accounting to the firm. With a strong background in investment strategy, Al works closely with individuals and companies to organize their finances, align their investment portfolios, and achieve their long-term financial and retirement goals. His leadership has guided F.I.C. through over 35 years of growth, expanding the firm from its Chicago roots to a multi-office organization with an international presence in Ireland and Egypt. Al's commitment to empowering clients with knowledge and personalized financial solutions remains at the core of everything F.I.C. does.

Portrait of Siobhan Kieran, COO of Financial Innovations Consulting

Siobhan Kieran

COO

Siobhan Kieran serves as Chief Operating Officer of Financial Innovations Consulting (F.I.C.), bringing extensive experience working with both individuals and large multinational corporations. As a seasoned risk manager, Siobhan specializes in identifying potential financial setbacks and equipping clients with the foresight and long-term safeguards needed for personal and professional success. Her expertise spans strategic planning, operational oversight, and risk mitigation, making her an invaluable resource for clients navigating complex financial landscapes. Siobhan's client-centric approach and commitment to delivering proactive, comprehensive financial strategies reflect F.I.C.'s core values of transparency, integrity, and excellence.

Portrait of Mary Kay, Administration and New Business Specialist at Financial Innovations Consulting

Mary Kay

Administration/New Business Specialist

Mary Kay serves as Administration and New Business Specialist at Financial Innovations Consulting (F.I.C.), playing a key role in welcoming new clients and ensuring seamless onboarding experiences. With a detail-oriented and client-focused approach, Mary Kay helps individuals, families, and business owners navigate the first steps of their financial journey with F.I.C. Her organizational expertise and dedication to exceptional service contribute to the firm's reputation for personalized, responsive client care. As part of F.I.C.'s experienced administrative team, Mary Kay helps uphold the firm's commitment to clarity, transparency, and making every client feel supported from day one.

Portrait of Thomas Sandhof, Administration and Retention Specialist at Financial Innovations Consulting

Thomas Sandhof

Administration/Retention Specialist

Thomas Sandhof serves as Administration and Retention Specialist at Financial Innovations Consulting (F.I.C.), focusing on nurturing long-term client relationships and ensuring ongoing satisfaction with the firm's services. Thomas plays a vital role in maintaining the trust and loyalty of F.I.C.'s diverse client base, which spans individual taxpayers, small business owners, and large corporations. His dedication to client retention reflects F.I.C.'s core belief that lasting financial partnerships are built on consistent communication, reliability, and personalized attention. Thomas works to ensure that every client continues to receive the high-quality financial guidance and support they expect from F.I.C.

Portrait of Aine Breen, Administrative Assistant at Financial Innovations Consulting

Aine Breen

Administrative Assistant

Aine Breen serves as Administrative Assistant at Financial Innovations Consulting (F.I.C.), providing essential support that keeps the firm's daily operations running smoothly and efficiently. Her organizational skills and commitment to excellent service ensure that clients, colleagues, and partners receive timely, professional assistance across all of F.I.C.'s service areas. Aine's contributions help maintain the high standards of accuracy and responsiveness that F.I.C. is known for across its Chicago headquarters and beyond. Her dedication to supporting both the team and the clients she interacts with reflects the firm's client-centric values and commitment to operational excellence.

Portrait of Matt McDowell, Marketing Specialist at Financial Innovations Consulting

Matt McDowell

Marketing

Matt McDowell serves as Marketing Specialist at Financial Innovations Consulting (F.I.C.), responsible for communicating the firm's comprehensive range of financial services to clients across Chicago, the United States, and internationally. Matt plays a key role in building F.I.C.'s brand presence and helping individuals, families, and business owners understand how the firm's expertise can address their unique financial needs. His work supports F.I.C.'s mission to be a trusted, accessible financial partner for a diverse clientele. Through targeted marketing strategies, Matt helps connect those facing complex financial challenges with the expert guidance F.I.C. has provided for over 35 years.

Portrait of Sara Peterson, Insurance Assistant at Financial Innovations Consulting

Sara Peterson

Insurance Assistant

Sara Peterson serves as Insurance Assistant at Financial Innovations Consulting (F.I.C.), supporting the firm's comprehensive insurance services for individuals, families, and businesses. Sara assists clients in navigating insurance options, policy details, and coverage solutions, ensuring they have the protection and clarity they need to make confident decisions. Her role is integral to F.I.C.'s one-stop financial services model, which combines accounting, tax, retirement planning, and insurance under one roof. Sara's attentive, client-focused approach helps ensure that every insurance client receives accurate information and responsive support, reflecting F.I.C.'s commitment to excellence and transparency.

Portrait of Cara Kennedy, Irish Logistics Specialist at Financial Innovations Consulting

Cara Kennedy

Irish Logistics

Cara Kennedy serves as Irish Logistics Specialist at Financial Innovations Consulting (F.I.C.), managing the firm's operational coordination from its international office in Drogheda, County Louth, Ireland. Cara plays a critical role in supporting F.I.C.'s international service delivery, helping bridge the firm's Chicago-based operations with its European clientele and partners. Her expertise in cross-border logistics ensures that clients in Ireland and beyond receive the same high standard of financial service that F.I.C. is known for across the United States. Cara's work reflects F.I.C.'s commitment to providing seamless, globally connected financial solutions for an increasingly international client base.

Frequently Asked Questions

What tax credits are available in Illinois?

Illinois businesses may qualify for credits tied to job creation, investment, research and development, enterprise zones, training, renewable energy, and certain local development programs. Eligibility depends on industry, location, hiring activity, expenses, and filing status. F.I.C. helps review your records, identify relevant programs, and coordinate documentation so credits are evaluated correctly before filing.

What are credits for small business owners?

How do I know if my business qualifies for Illinois incentives?

What documents are needed to claim business tax credits?

Can tax credits be claimed during year-end tax preparation?

What is the difference between a tax credit and a deduction?

Can F.I.C. help if a tax credit claim is questioned?

How much does business tax credit support cost?

Still Have Tax Credit Questions?

Get practical guidance before you miss a valuable filing opportunity.

Trusted Tax Guidance

Awards and Recognition

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35+ Years Experience

Decades of tax and financial consulting experience.

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Chicago-Based Firm

Headquartered in Chicago with broad client support.

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Global Advisory Reach

Multi-office support across U.S. and international markets.

Start Finding Eligible Tax Savings

Tell us about your business, filings, payroll, and growth plans. Our team will review your situation and outline the next steps for identifying relevant Illinois tax credits and incentives.

Contact Us Today

For immediate assistance, feel free to give us a direct call at (773) 202-9393. You can also send us a quick email at TAX@FICMN.COM.