ProCFO BTS was founded in 2024 built on 40+ years of licensed CPA expertise. A new firm with a career of proven experience behind it.
Lead CPA ยท Founder, ProCFO Business and Tax Services
Licensed CPA since the 1980s ยท Founder, Accounting & Valuation Services Ltd ยท Illinois
Stephen Challinor founded his first Illinois CPA firm in the 1980s, founding Accounting & Valuation Services Ltd encompassing tax, accounting, and business valuation. Over decades of practice, he recognized where his clients needed him most: tax and accounting. He deliberately focused there, built a second firm around those core strengths, and never looked back.
The result is a practice defined by depth, not breadth. Stephen has navigated every major shift in the tax code since the Reagan era, including the Tax Reform Act of 1986, the ACA's business implications, the Tax Cuts and Jobs Act of 2017, and everything since. His clients don't have to keep up because he does it for them.
"Tax software is good at math. It doesn't know that you have a home office, that your car qualifies for a deduction, or that your side business changed your filing situation. A CPA does."Stephen Challinor, CPA. Founder
Licensed as a Certified Public Accountant in Illinois. Founded Accounting & Valuation Services Ltd, his first CPA practice, covering tax, accounting, and business valuation.
Federal, state, corporate, individual, and nonprofit tax across every major code change of the modern era, navigating complexity so clients don't have to.
A purpose-built firm focused entirely on tax and accounting excellence. An Equity Growth Partners portfolio company serving Roselle and greater Chicagoland.
Stephen openly acknowledges that ProCFO does not provide business valuation services because focused expertise is a strength, not a gap.
Federal and state returns for individuals, businesses, and nonprofits with optimization strategy built in, not bolted on.
For Individuals โClean books that serve as a management tool, not just a compliance requirement. Financial statements you can actually act on.
For Businesses โFund accounting, Form 990, and board governance specialized expertise that most CPAs don't offer.
For Non-Profits โStart the conversation at procfobts.com or call 630-681-9020. A licensed CPA who has been navigating tax law since the 1980s is on your side.