About Our Firm
We have extensive experience in corporate transactions, personal and business taxation, accounting, and entrepreneurial ventures to provide our clients with unique perspectives and problem-solving abilities that are unmatched by other firms.
We maintain a close working personal relationship with each client, advising them while soliciting their input. WG Tax Law strives to maintain low overhead to provide cost-effective representation. We take the time to learn our clients’ businesses so that we can provide sound business advice and legal counsel. WG Tax Law is organized to respond quickly to complex problems within tight deadlines and on short notice. We honor the deadlines we set to meet clients’ objectives.
We believe that the best client is a fully informed client, and we work closely with our clients to ensure that they thoroughly understand the legal, financial, and practical ramifications of their options and the decisions available to them. In turn, our clients, through the questions they ask and the answers they provide to our questions, help us to better understand their needs. This interchange results in a highly efficient and productive attorney-client relationship.
We recognize that the traditional business principles of integrity, hard work, and honesty are essential to the provision of services to our clients. In adhering to those principles, our firm strives to provide its clients with personal and cost competitive high quality legal and accounting services.
Areas of Practice
Business Transactions
Our firm provides a broad range of legal services to our business clients, including business entity formation (such as the organization of limited liability companies, partnerships and corporations) and the tax planning associated with these entities, and advice relating to employer/employee matters, buy-sell arrangements, lease negotiations, e-commerce, mergers and acquisitions, reorganizations, divestitures and other transactional matters.
Tax & Business Consulting
Our consulting service is designed to meet your business tax compliance and advisory needs. We possess a unique ability to draw on our diverse experiences and skills to provide our clients a seamless service through all the challenges of planning, financial accounting, tax compliance and maintaining effective relationships with the tax authorities. Offering a broad spectrum of services, including; Business Tax Compliance, Business Tax Advisory, Tax Accounting and Risk Advisory, Personal Financial Services we provide our clients with a holistic approach to their tax function to help them achieve their business ambitions.
Outsourced CFO
Many small businesses get stuck in a “tweener” stage where they are still small and growing but have a need for financial and accounting advising. Firms that aren’t large enough to financially support a full-time position but still need high quality assistance are usually limited in their options. WG Tax Law can fill those gaps in your firm by providing outsource CFO advising services that encompasses finance, accounting, tax, and law without the expense of large consulting firms.
Federal and State Tax Planning, Preparation and Negotiation
We provide sophisticated federal and state tax planning associated with the business and investment transactions entered into by our clients. Our firm has special expertise in the tax issues associated with the formation and operation of limited liability companies, partnerships and S corporations. This is a full-service firm preparing returns for individuals, corporations, LLCs, and partnerships. We also represent entities and individual clients before the IRS in tax disputes and negotiations.
Estate Planning
Part of our firm’s practice involves estate and gift tax planning and business succession planning. This area of practice ranges from drafting and implementing the “basic” estate plan, usually involving revocable trusts and “pour-over” wills, to the more sophisticated estate plans.
Retirement Plans
Our firm advises on retirement plans for self-employed individuals as well as small businesses. Based on client needs we recommend the appropriate retirement vehicle for our clients, in order to maximize savings and minimize taxes. We also assist employers in correcting under-funded retirement plans and implementing procedures to help employers stay on track with future funding.
Accounting Services
We provide a wide variety of accounting services to meet the needs of businesses such as payroll services, payroll tax, sales & use tax, and general bookkeeping. Our accounting services are designed to make our client’s jobs easier and provide them with more time to focus on building their business. We offer setup services to help do-it-yourself business owners manage their day-to-day operations using accounting software packages like QuickBooks.
Real Estate
We provide legal services for real estate closings for both residential and commercial properties. For our business clients we offer a holistic approach for setting up the correct entity holding structure for real estate purchases prior to deal consummation using thorough evaluation and pre-planning to reduce costs and eliminate duplicate and corrective actions post transaction.
Attorney Bio
William “Bill” Gundlach
William “Bill” Gundlach received his Bachelor’s Degree in Management Information Systems from Northern Illinois University in 1999. He worked as a network administrator for Allstate Insurance before leaving to start several entrepreneurial endeavors in the entertainment and construction industries. During this time Mr. Gundlach concurrently enrolled in Law School at Illinois Institute of Technology-Chicago Kent Law School and in the MBA program at Illinois Institute of Technology-Stuart Graduate School of Business. He received his JD in 2006 and his MBA in 2007.
Upon graduation from law school Mr. Gundlach joined a boutique litigation firm, as an associate attorney responsible for assisting with the firm’s personal injury litigation practice. His experience there involved various aspects of personal injury litigation practice including both plaintiff and insurance defense work.
In 2008 Mr. Gundlach furthered his educational aptitude by enrolling in Chicago Kent Law School’s Taxation program where he received his LLM in Taxation in 2009. Upon graduation Mr. Gundlach formed Gundlach Law Group PC to provide specialized legal, tax and business consulting to his growing client list of small and medium sized businesses. In 2012 Mr. Gundlach was a founding partner in Williams & Gundlach LLC and practiced there until 2020 when he left to continue his own practice as WG Tax Law. His extensive experience in forming and running his own companies has given Mr. Gundlach tremendous insight and perspective on the needs of his clients. Coupled with his unique understanding of accounting, finance, business and tax law he is a primary resource in almost all matters for his clients.
Mr. Gundlach is licensed to practice law in Illinois, is admitted to the Federal Bar for the northern district of Illinois and is also a Registered CPA. Additionally, he is a member of the Chicago Bar Association, Illinois State Bar Association and American Institute of CPAs.
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