About Selden Fox

Selden Fox is a Certified Public Accounting and consulting firm that has etched a name for itself in the bustling business landscape of Chicago and Illinois at large. With a history grounded in a commitment to client prosperity, this firm offers a spectrum of services that extend beyond the traditional confines of accounting. The essence of Selden Fox lies in its promise to provide tailored advice and services, accounting for each client's future rather than just their past financials.

Clients of Selden Fox can expect a suite of services that cater to various needs. From audit and assurance to taxation, accounting solutions, consulting, and business valuations, the firm's offerings are comprehensive. One particular highlight is their audit and assurance approach, described as straightforward and deadline-oriented, a boon for businesses seeking clarity and timeliness. The firm's commitment to consistent communication throughout the audit process is a testament to its dedication to transparency and client engagement.

For businesses grappling with the complexities of tax compliance and strategy, Selden Fox's taxation services are noteworthy. The firm boasts depth in experience blended with practical perspective, a combination that can be crucial for navigating the ever-evolving tax landscape. The firm's expertise in corporate taxation, fiduciaries, trusts, LLCs, and partnerships underscores its ability to handle intricate tax matters for a diverse client base—from individuals to large enterprises.

One of Selden Fox's standout features is its accounting solutions, including the virtual CFO service. This offering is particularly beneficial for small to mid-sized businesses that require high-level financial expertise but may not have the resources for a full-time executive. The virtual CFO service underscores Selden Fox's adaptability and innovative spirit, providing clients with a flexible and cost-effective solution for strategic financial planning and oversight.

In the realm of consulting, Selden Fox's business advisory services demonstrate a proactive approach to helping businesses identify growth opportunities and operational efficiencies. Whether it's through succession planning or risk management, the firm's consultants work closely with clients to devise strategies that align with their long-term objectives.

For prospective clients, the personalized care and industry-specific knowledge that Selden Fox brings to the table can be particularly reassuring. The firm's focus on building enduring relationships with clients echoes through its commitment to understanding each business's unique challenges. Moreover, the firm's involvement in community initiatives and its adherence to peer review standards reflect a dedication to quality work and ethical practice.

While Selden Fox's wide array of services is impressive, it's essential to remember that every business has unique needs. Potential clients might find the firm's extensive experience with manufacturing, family offices, auto dealers, and other specialized industries as a compelling reason to partner with them. However, businesses should consider their specific requirements and consult with the firm to determine how Selden Fox can best serve their interests.

In conclusion, Selden Fox presents itself as a formidable player in the competitive Top CPA Firms industry. Its commitment to going beyond compliance, focusing on the future, and tailoring services to individual client goals sets it apart. While the firm's extensive service offerings are indeed a strong suit, it's the personalized attention and strategic foresight that likely make Selden Fox a valuable ally for businesses navigating the intricacies of financial management and growth planning.

Products and Services

Selden Fox provides a comprehensive suite of accounting and financial services, including virtual CFO support, audit and assurance adherence to GAAP, strategic taxation solutions, and business advisory for sustainable growth, all designed to cater to the intricate financial management needs of diverse industries without the overhead costs of traditional in-house positions.

Virtual CFO Services

Outsourced professionals that help with financial goals and objectives without the expenses of salaries, onboarding, and training programs.

Audit & Assurance

Financial statement audit, review, compilation, or related attestation services to ensure financial data is presented according to GAAP standards.

Taxation Services

Comprehensive tax planning, preparation, and compliance services to minimize liabilities and capitalize on evolving tax laws.

Business Advisory Services

Strategic business planning and succession advice for long-term growth and stability across various industries.

    Strengths

  • Over 40 years of experience providing specialized accounting and consulting services

  • Expertise in fiduciary tax planning and compliance, particularly for estates and trusts

  • Offers career opportunities and internships, indicating a commitment to growth and education

  • Provides remote work options for students, demonstrating adaptability and support for work-life balance

    Weaknesses

  • The focus on estate and trust taxes may not align with businesses looking for broader accounting services

Getting Started

With Selden Fox, clients can expect an onboarding process that includes a thorough assessment of their accounting and tax needs, with a focus on services such as virtual CFO, industry-specific accounting, and fiduciary tax planning. New clients are likely to start with a comprehensive consultation to identify the best services for their unique situation. To get started with Selden Fox, visit their website to learn more about their services and schedule a consultation. If you feel Selden Fox isn't the right fit, feel free to review the rest of our rankings.