Legacy Professionals LLP

Legacy Professionals LLP is a Certified Public Accounting firm headquartered in Westchester, IL, with additional offices in Schererville, IN, and Edina, MN. The Firm provides specialized audit, tax, and advisory services to clients across 36 states. With a focus on employee benefit plans, labor organizations, nonprofits, and small to medium-sized businesses, Legacy has earned a reputation for delivering expert solutions tailored to each client's needs. The Firm also offers payroll compliance audits for multiemployer benefit plans and provides outsourced accounting services through its Client Accounting & Advisory Services (CAAS) team.

Founded in 2003 by a group of professionals, Legacy was established with a clear purpose: to serve niche industries that require specialized knowledge. The Firm’s leadership, now in its third generation, continues to build on this Legacy of industry-focused service. Legacy Professionals remains dedicated to providing high-quality, customized solutions to meet the needs of its clients.

Mission and Values

Legacy Professionals LLP’s mission is to provide high-quality audit and tax services to organizations that require specialized expertise. The Firm’s founders recognized the need for focused services in employee benefit plans, labor organizations, and nonprofits. Since its inception, Legacy has committed to serving these industries with precision and care.

The Firm’s core values are integrity, honesty, and objectivity. Legacy believes fostering strong, long-term client relationships is the key to success. These values guide the Firm’s operations and ensure that each client receives the highest standard of service. Legacy also promotes a positive work environment where employees are encouraged to grow through ongoing learning, collaboration, and open communication. This culture has contributed to the Firm’s success and the enduring loyalty of its clients.

Areas of Expertise

Legacy Professionals LLP focuses on a select range of industries, offering services specifically designed to meet the needs of each sector. The Firm has extensive experience working with:

Employee Benefit Plans: Legacy serves multiemployer (Taft-Hartley) and single-employer plans. This includes a wide range of benefit plans such as pension plans, 401(k) plans, health and welfare plans, apprenticeship funds, and more.

Labor Organizations: The Firm works with labor unions at all levels, from local and regional to international unions. Legacy provides specialized services to meet these organizations' regulatory and financial reporting needs.

Nonprofits: Legacy has deep experience working with nonprofit organizations, including trade and professional associations, educational institutions, and charitable organizations. The Firm’s services help nonprofits navigate complex regulatory environments while ensuring compliance with tax laws and financial reporting requirements.

Small and Medium-Sized Businesses: Legacy focuses on nonprofit and labor sectors and offers tailored accounting and advisory services to small and medium-sized businesses.

Accounting and Audit Services

Legacy Professionals LLP offers a broad range of accounting and audit services designed to meet the specific needs of its clients. The Firm’s audit services include:

• Audits, Reviews, and Compilations
• Tax and Compliance Services
• Payroll Compliance Audits
• Financial Statement Write-up Services
• Cost Allocation Analysis
• Accounting and Bookkeeping Support
• Outsourced Accounting Services

The Firm has developed a strong track record in the nonprofit, labor, and employee benefit plan sectors, providing comprehensive audits and ensuring compliance with regulatory standards.

Tax Services

In addition to its audit and accounting services, Legacy Professionals LLP provides a full range of tax services. The Firm’s tax professionals are experts in handling the complexities of federal, state, and local tax regulations. Services include:

• Tax Preparation
• Tax Planning and Strategy
• Quarterly and Annual Payroll Tax Returns
• Federal and State Tax Code Research
• Representation before Government Agencies
• Laws and Regulations Updates

Legacy also prepares complex tax forms, such as LM-2, 5500, and 990, for labor organizations, employee benefit plans, and nonprofit organizations. By offering specialized tax services for these sectors, Legacy helps clients navigate ever-changing tax laws while ensuring compliance.

Growth and Community Engagement

As of January 1, 2025, Legacy Professionals LLP employs 35 partners and principals, reflecting the Firm’s growth and continued success. The firm plans to add three new partners and two new principals in the upcoming year, further expanding its reach and capabilities.

Legacy’s partners are recognized leaders, often speaking at industry conferences such as the International Foundation of Employee Benefit Plans Annual Conference. This thought leadership allows Legacy to stay at the forefront of industry developments and maintain its reputation as a trusted advisor to its clients.

Legacy is also committed to giving back to the community. The Firm established the Donna A. Hubert Memorial Scholarship Fund in memory of a partner who passed away after a battle with breast cancer. This $1,500 scholarship is awarded annually to women pursuing careers in accounting in Illinois, Indiana, and Minnesota. The scholarship reflects Legacy’s ongoing commitment to supporting the future of women in the accounting profession.

Legacy Professionals LLP has earned a strong reputation for delivering high-quality, niche-focused audit, tax, and advisory services. The Firm’s commitment to integrity, client success, and ongoing professional development has driven its growth over the past two decades. With an experienced team and a dedicated focus on its clients' needs, Legacy continues to serve employee benefit plans, labor organizations, nonprofits, and small to medium-sized businesses nationwide.

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Legacy Professionals LLP Highlights the Growing Need for Payroll Compliance Audits
How Thought Leadership in Employee Benefits Accounting Drives Better Client Outcomes
How Thought Leadership in Employee Benefits Accounting Drives Better Client Outcomes
Highlights the Growing Need for Payroll Compliance Audits Across Multi-Employer Plans
How Specialized Tax Planning Supports Nonprofits and Labor-Related Entities
Illustrates Why Long – Standing Client Relationships Matter in Audit and Compliance Services
Discusses the Role of Cost Allocation and Cost-Benefit Analysis in Benefit Plan Governance
How CPA Firms Help Nonprofits Maintain Transparency and Financial Accountability
The Regulatory Changes That Are Impacting Employee Benefit Plans And Labor Organizations
Why Employee Benefit Plan Audits Demand Industry-Specific Accounting Expertise