Walters Accounting Inc. is a premier accounting firm located in the heart of Stillman Valley, Illinois. Founded on the principle of delivering unparalleled personalized client service, we have established ourselves as a trusted provider of accounting and tax services for individuals and businesses in Ogle County and the surrounding communities. Our team is dedicated to handling your financial interests with the utmost integrity, responsiveness, and accuracy.
- Silene Walters, CPA, MAS: With a Master of Accounting Science from Northern Illinois University and over two decades of experience in the industry, Silene has built Walters Accounting Inc. on the foundation of long-term, personal relationships with clients. As a licensed Certified Public Accountant in Illinois, a member of the Illinois CPA Society, and a Quickbooks Certified Online ProAdvisor, Silene offers a wide range of tax and accounting services tailored to your unique needs.
- Jennifer Lungstrom, CPA, EA: Jennifer specializes in tax planning, preparation, and compliance for tax-exempt entities, individuals, and businesses. With more than 17 years of experience and certifications as both a Certified Public Accountant and an Enrolled Agent, Jennifer has the knowledge and expertise to navigate even the most complex tax situations. As a Quickbooks Online ProAdvisor, she provides consulting services and regularly attends training to stay updated on the latest tax information.
Services
At Walters Accounting Inc., our comprehensive suite of services includes:
- Income Tax Preparation and Planning: Whether you need assistance with individual or business tax returns, we have you covered. Our team of experts stays current on tax laws and regulations to ensure you receive the best possible outcome.
- Bookkeeping and Small Business Accounting: Proper bookkeeping is crucial for your business's success. Let us handle your daily financial transactions, allowing you to focus on running your company.
- Payroll Services: Simplify your payroll process and ensure compliance with tax regulations by outsourcing to our experienced team.
- 1099 Preparation and Filing: We can help prepare and file your 1099 forms, saving you time and ensuring accuracy.
- IRS Correspondence and Audits: If you're facing an audit or correspondence from the IRS, our professionals are here to guide you through the process.
- Quickbooks Desktop and Quickbooks Online Set Up and Support: Our Quickbooks Certified Online ProAdvisors help you navigate and optimize your Quickbooks system for your unique business needs.
When you partner with Walters Accounting Inc., you can rest assured that your financial information is kept confidential and secure. You'll never have to worry about unknown staff members accessing your delicate data or working with inexperienced accountants who lack the know-how to give you the best advice.
Our highly personalized approach enables our clients to grow and thrive, allowing us to gain an in-depth understanding of their needs. Whether you require a simple tax return or a trusted business advisor to help maximize your tax strategy, grow your business, and plan your long-term finances, Walters Accounting Inc. is there for you.
Schedule a consultation with us today to discuss your tax and accounting needs. As long-time residents of the local community, we're always happy to help our neighbors in Stillman Valley and the surrounding areas. Your initial consultation is completely free.

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