Industries Served by Novak | Costello

Companies in pursuit of smart business solutions that lead to financial success turn to Novak | Costello to meet their fundamental accounting, tax, and consulting needs. Our partners truly understand that in order to provide the most effective answers, we need to work together with our clients to navigate the challenges and leverage opportunities unique to their specific industry.

At Novak | Costello, we primarily serve closely held businesses, emerging start-ups, and high net worth individuals. We have dedicated our expertise to achieving a high-level of success across the four distinct business sectors—real estate and construction, professional services, start-ups, and not-for-profits.

Real Estate and Construction

Our dedicated real estate practice works with property owners and managers, major commercial developers, landholders, construction entities, and other real estate enterprises throughout Chicagoland and across Illinois. Novak | Costello provides tax, assurance, and consulting expertise to help our clients maneuver through risk, minimize overhead, capitalize on best practices, and structure complex real estate transactions to maximize cash flow, operating income, and asset values. Read more …

Professional Services

Knowing first-hand the financial and operational opportunities and challenges faced by our clients in the professional services industry, Novak | Costello is fully equipped with a level of expertise and the ability to deliver exceptional service to a variety of firms including: sole-practitioners and small law firms, physician practices, and architectural and engineering firms. From ownership succession planning, optimizing business processes, and tax planning and compliance, our partners thoroughly understand our clients’ needs to offer customized solutions. Read more …

Start Ups

Starting a company from the ground up doesn’t end when you hang your ‘open’ sign on the door. Novak | Costello knows that without a thorough grasp of a company’s financial operations, many entrepreneurs do not survive. And, it involves more than just talking to your accountant at tax time. From your enterprise’s early stages to making necessary changes to adapt to new business models, the Novak | Costello partners can provide appropriate accounting and business guidance to steer an emerging business in the right direction. Read more …


Having to answer to donors, oversight agencies, and the people they serve, not-for-profit organizations are charged with the difficult responsibility of balancing the cost of internal operations with the expectations of the public and the community. Novak | Costello serves the not-for-profit industry by successfully delivering assurance, tax, and consulting services, ensuring that your organization continues to fulfill its mission. Read more …

Novak | Costello does not take a cookie-cutter approach when dealing with our clients. Instead, we recognize that each client brings their own concerns, experiences and needs to the table, setting them apart from others in their industry. Our partners are adept at solving client challenges by developing customized solutions that tackle complex business and operational matters as they relate to a firm’s financial well-being.

Accounting, tax, and business consulting expertise is best delivered when we fully understand how these services apply to each client’s industry. Novak | Costello operates from a broad base of knowledge and expertise; yet, our focus is dedicated to one specific goal—working tirelessly to find the right business solutions to automate business processes, contain costs, streamline operations, and advance a client’s business strategy.

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