Legacy Professionals LLP Male • United States of America

Legacy Professionals LLP is a Certified Public Accounting firm headquartered in Westchester, IL, with additional offices in Schererville, IN, and Edina, MN. The firm serves a broad national client base, providing specialized audit and tax services to employee benefit plans, labor organizations, nonprofit entities, and other organizations across 36 states. It also offers payroll compliance audit services to multi-employer benefit plans, ensuring that these organizations meet regulatory standards. In addition, the firm boasts a robust Client Accounting & Advisory Services (CAAS) team, offering outsourced accounting and advisory services to nonprofits and a variety of other entities. This broad range of services is tailored to meet the distinct needs of each client, making the firm a trusted partner in financial management.

Founded in 2003, Legacy was established by a group of professionals, including partners and principals, with the goal of delivering expert audit, accounting, and compliance services to employee benefit plans, labor organizations, nonprofits, and various other entities. The firm’s leadership has evolved through three generations, but it remains deeply committed to the foundational values set by its founders. These values include a strong dedication to providing the highest quality services to clients, ensuring that they receive the specialized expertise needed for their unique industries. This focus on niche services allows it to cater to a variety of clients with complex financial needs, building lasting relationships based on trust and exceptional service.

The mission of Legacy is centered around delivering consistent, high-quality audit and tax services to its specialized client base. From the beginning, the founders recognized the need for services that cater specifically to employee benefit plans, labor organizations, and nonprofit entities, which are often subject to unique regulatory and financial challenges. By focusing on these niche markets, the firm has been able to establish itself as a leader in providing tailored, expert services that ensure clients remain compliant while optimizing their financial strategies. This approach has been instrumental in the firm’s continued growth and success, with a focus on quality that has never wavered since its inception.

At the core of its success are the individuals who make up the firm’s team. The company’s core values—integrity, honesty, and objectivity—are reflected in every aspect of its work. The firm places a strong emphasis on ensuring that its clients are served by professionals who uphold the highest standards in accounting and auditing practices. The firm’s culture is one of collaboration and continuous improvement, where employees are encouraged to learn, grow, and communicate openly with one another. This positive and supportive work environment has contributed to the firm’s ability to retain long-term clients and employees, creating a stable foundation for ongoing success. The understanding that the firm’s success is directly tied to the success of its clients has driven Legacy to consistently exceed expectations in delivering quality services.

Legacy Professionals LLP specializes in a variety of niche-focused auditing and accounting services designed to meet the specific needs of its clients. With decades of experience, the firm has developed deep expertise in providing services to employee benefit plans, including Taft-Hartley plans (multi-employer plans) and single-employer plans. These plans may include pension plans, health and welfare plans, annuity funds, apprenticeship funds, 401(k) plans, and more. The firm’s expertise in this area allows it to offer precise, compliance-driven solutions that help ensure these organizations remain in line with regulatory standards while effectively managing their finances.

In addition to its work with employee benefit plans, Legacy also provides valuable services to labor organizations. This includes serving local unions, district and regional councils, and international unions, all of which face unique financial challenges. The firm’s understanding of the intricacies of labor organizations enables it to provide tailored audit and accounting services that meet the specific needs of these entities. Whether it is managing financial reporting, compliance, or taxation, its expertise helps labor organizations navigate complex financial landscapes and ensure they remain in good standing with regulatory authorities.

Another area of focus for Legacy is its work with nonprofit organizations, including trade and professional associations, charitable entities, and educational institutions. Nonprofits often operate under tight budgets while balancing the demands of donors, stakeholders, and regulatory bodies. Its deep knowledge of the nonprofit sector allows it to offer financial services that help these organizations maximize their impact while maintaining compliance with tax laws and regulations. The firm’s dedication to supporting nonprofit clients underscores its broader commitment to serving organizations that contribute to the public good and community development.

Finally, Legacy provides comprehensive accounting and auditing services to small and medium-sized businesses. These businesses often face challenges related to financial management, compliance, and growth. The firm’s expertise in this area ensures that its clients receive the guidance they need to streamline their financial operations, reduce risks, and focus on achieving long-term success. Its work with small and medium-sized businesses demonstrates its flexibility and ability to adapt its services to the unique needs of each client, helping them navigate their financial challenges with confidence.

Legacy Professionals LLP continues to be a leading provider of audit, accounting, and compliance services to a wide range of industries, including employee benefit plans, labor organizations, nonprofits, and small to medium-sized businesses. The firm’s commitment to excellence, its focus on niche markets, and its strong internal culture have allowed it to build lasting relationships with clients and employees alike. Since its founding in 2003, the firm has remained dedicated to delivering high-quality services that meet the specific needs of its clients. As it moves forward, it will continue to uphold the values established by its founders while adapting to the evolving needs of its diverse client base.