Biography of Legacy Professionals LLP: A Trusted Partner in
Accounting and Audit Services
Legacy Professionals LLP, a prominent Certified Public Accounting firm headquartered in Westchester, IL, is renowned for providing specialized audit and tax services to employee benefit plans, labor organizations, nonprofits, and other entities across 36 states With additional offices in Schererville, IN, and Edina, MN, it has built a national client base that relies on the
firm’s expertise in a range of services, including payroll compliance audits for multi-employer benefit plans. Furthermore, it offers a Client Accounting & Advisory Services (CAAS) team, providing outsourced accounting and advisory solutions to nonprofits and similar organizations
The Firm’s Roots and Commitment to Quality
Legacy was established in 2003 by a group of professionals who envisioned providing high-quality audit, accounting, and compliance services tailored to employee benefit plans, labor organizations, and nonprofit entities Over the years, the firm has maintained its commitment to delivering specialized services, and the leadership's dedication to this vision remains strong. The third generation of leaders at Legacy stands on the foundation laid by its founders, ensuring that the core values of integrity, professionalism, and service excellence continue to guide the firm’s operations today.
Mission-Driven Approach to Client Success
The mission of Legacy is simple: to deliver exceptional audit and tax services while focusing on the unique needs of their clients. The founders understood the value of niche-focused services, and this philosophy continues to drive the firm’s work The team is committed to offering personalized service that addresses the specific requirements of each client, whether they are a nonprofit organization, an employee benefit plan, or a labor union. The firm’s success is inherently tied to the success of its clients, a belief that permeates its approach to every engagement. As part of this mission, it is dedicated to creating an environment where employees thrive, with a culture that fosters lifelong learning, open communication, and mutual respect
Core Values and Company Culture
At Legacy, the core values of integrity, honesty, and objectivity are not just abstract concepts they are embodied in the everyday actions of the firm’s team The company’s employees, from auditors and accountants to administrative staff, are dedicated to serving clients with these values at the forefront of their work. The firm’s culture is one of collaboration and positivity, where lifelong learning is encouraged, and the well-being of employees is prioritized. By maintaining a supportive and inclusive work environment, it ensures that its professionals are empowered to deliver the best possible service to clients The longstanding relationships with both clients and employees reflect the firm’s commitment to building trust and fostering loyalty within its community.
Specialization in Niche Auditing and Accounting Services
Legacy Professionals LLP stands out in the accounting industry due to its focus on providing specialized services to a specific set of clients. The firm has decades of experience serving a range of entities, including employee benefit plans, labor organizations, and nonprofits The firm offers comprehensive auditing services to various types of employee benefit plans, including Taft-Hartley plans (multiemployer plans), pension plans, health and welfare plans, and 401(k) plans Additionally, It provides auditing services to labor organizations, including local unions, district councils, and international unions, as well as to a range of nonprofit entities such as trade associations, professional organizations, and schools.
Accounting and Audit Services Tailored to Client Needs
The firm’s range of accounting and audit services is designed to meet the specific needs of its clients, ensuring that each receives the highest level of service and attention to detail It provides audits, reviews, and compilations for a diverse array of organizations Additionally, the firm offers tax and compliance services, payroll compliance audits, and financial statement write-up services Its auditors are also skilled in conducting cost allocation analysis, cost/benefit analysis, and special reporting and data analysis to help clients achieve their financial goals. Furthermore, the firm’s outsourced accounting services allow nonprofits and other organizations to streamline their financial processes while ensuring accurate and timely reporting
Comprehensive Tax Services for Diverse Clients
As part of its commitment to serving its niche clients, Legacy provides comprehensive tax services that address the unique needs of employee benefit plans, labor organizations, and nonprofits The firm’s tax professionals are highly skilled in handling a wide range of federal, state, and local tax matters, offering clients expert guidance on complex tax issues. Its tax services include tax preparation, tax planning, and quarterly and annual payroll tax returns The firm is also adept at providing representation before governmental agencies and staying
up-to-date on changes in tax laws and regulations Its team prepares hundreds of Forms LM-2, 5500, and 990 each year, ensuring compliance for its clients and providing peace of mind in a constantly evolving regulatory environment
Its Impact on the Industry and Community
Legacy continues to make strides in the accounting and auditing industry, with a growing roster of clients and a strong reputation for excellence As of January 1, 2025, the firm has 35 partners and principals and continues to expand its reach, adding three new partners and two new principals in the coming year Many of the firm’s partners are recognized as thought leaders in their field, frequently speaking at conferences and industry events such as the International
Foundation of Employee Benefit Plans Annual Conference Their leadership and expertise in the areas of auditing, payroll compliance, and tax services have set Legacy apart as a trusted advisor in the industry
In addition to its business achievements, Legacy is also committed to giving back to the community The firm supports the Donna A Hubert Memorial Scholarship Fund, which honors the life of one of its late partners and helps women in Illinois, Indiana, and Minnesota pursue careers in accounting The annual, renewable scholarship provides $1,500 to deserving women, furthering its mission of promoting education and diversity in the accounting profession
Legacy Professionals LLP: A Commitment to Excellence
Legacy Professionals LLP continues to thrive due to its steadfast dedication to providing high-quality, niche-focused audit and accounting services As the firm grows and adapts to the ever-changing business environment, it remains committed to its founding principles and core values With a strong leadership team, a talented workforce, and a client-first philosophy, it is poised to remain a leader in the field of accounting and auditing for years to come The firm’s focus on client success, industry expertise, and community impact makes it a standout in the accounting profession, ensuring that its legacy will continue to endure
To know more about Legacy Professionals, click the links below:
https://legacyprofessionalsllp medium com
https://www.producthunt.com/@legacyprofessionalsllp
