Business Details
50+ Years
experience
Trusted Accounting & Tax Services in Peoria, IL
Gorenz & Associates, Ltd. has served clients throughout the Peoria, Illinois area since the 1950s, delivering professional accounting and advisory services rooted in integrity and personalized attention. Founded by Leo Gorenz, Jr., our firm combines decades of experience with a commitment to excellence, offering tailored solutions for individuals and businesses navigating complex financial landscapes. Our team of certified professionals specializes in audit and accounting, tax preparation, payroll services, governmental auditing, and agricultural business consulting. We maintain rigorous quality control standards through regular internal and external peer reviews, ensuring compliance with the American Institute of Certified Public Accountants and Illinois CPA Society guidelines.With expertise in serving school districts, municipalities, and agribusinesses, we provide actionable insights to help clients achieve long-term financial success. Our dedication to continuous improvement and client-centric approach has solidified our reputation as a trusted partner in the Peoria business community. We prioritize accessibility and transparency, ensuring clients receive timely, confidential, and accurate financial guidance. From tax planning to estate administration, our comprehensive services address both present needs and future goals. Our mission remains unchanged since inception: to deliver exceptional value through expertise, ethical practices, and unwavering commitment to client satisfaction.
Services
Audit and Accounting
Tax Preparation
Payroll Services
Governmental Auditing
QuickBooks Support
Agricultural Business
Estate Planning
School District Audits
Details
- Year established: 1950
Highlights and features
- We offer over 70 years of accounting experience serving Peoria businesses.
- Our team specializes in governmental and school district auditing expertise.
- We provide personalized service with direct principal involvement in all engagements.
- Our quality control system undergoes regular peer-reviewed compliance checks.
- We maintain deep expertise in agricultural business accounting and tax planning.
Services
Audit and Accounting
Our audit and accounting services include certified audits, financial reviews, and management advisory engagements. We work directly with business owners to ensure compliance with regulatory standards while providing actionable insights for operational improvements. Our quality control system undergoes regular peer reviews to maintain the highest professional standards.
Tax Preparation
We offer comprehensive tax planning and preparation for individuals and businesses, including complex transactions and estate tax strategies. Our team stays current with evolving tax laws to maximize savings while ensuring compliance with federal, state, and local regulations.
Payroll Services
Our payroll services handle tax filings, W-2 preparation, and compliance with changing regulations. We ensure accurate and timely processing of payroll checks, employee statements, and government deposits for businesses of all sizes.
Governmental Auditing
We specialize in audits for cities, school districts, and special taxing districts. Our team provides budget analysis, compliance reporting, and consulting services to help government entities meet regulatory requirements and improve financial transparency.
Agricultural Business
We serve grain elevators, farm implement dealers, and agricultural producers with tailored accounting solutions. Our services include tax planning, financial statements, and succession planning to address the unique challenges of the agricultural industry.
People
Leo Gorenz, Jr.
Founder
Leo Gorenz, Jr. established the firm in the 1950s, building a legacy of integrity and client-focused service that continues today.
Tim Custis
Partner
Tim Custis specializes in school district audits and serves on the Illinois CPA Society's Government Report Review Committee.
Questions
What accounting services do you offer?
We provide audit, bookkeeping, payroll, tax preparation, and financial consulting services for individuals and businesses.
Do you specialize in any industry sectors?
We specialize in agricultural businesses, school districts, municipalities, and government entities.
How do you handle payroll processing?
We manage payroll checks, tax filings, W-2 preparation, and compliance with federal/state regulations.
Can you assist with QuickBooks setup?
Yes, we offer QuickBooks setup, training, and technical support for small businesses.
Are you experienced with school district audits?
Our firm audits over 80 school districts annually and advises the Illinois State Board of Education.
Reviews (2)
Rick Tieken
Mar 27, 2021
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Top notch accounting firm. They are not the least expensive, but when the work is done you can count on it being done correctly. I would recommend Gorenz & Associates.
Branden Martin
Jun 15, 2018
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Great accounting firm! Have been a client for almost 10 years and wouldn't go anywhere else. Russ and the team are fast friendly and extremely efficient!
