Vans, Lifts & Tools
Account for work vans, lifts, benders, and testing equipment, and evaluate depreciation options based on use and your circumstances.
Owner-operated Electrical businesses · CPA-led firm
Accounting & Tax Services for Milwaukee Electrical Contractors
You keep the power on for Milwaukee homes and businesses. We’ll keep your books and taxes current.
Passageway Financial helps Milwaukee-area electrical contractors keep books tax-ready, plan ahead for federal and Wisconsin taxes, file accurately and on time, and identify legitimate opportunities to reduce their tax burden.
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2-minute questionnaire · No obligation
Serving electrical contractors throughout Milwaukee and Southeast Wisconsin · Local office presence + convenient virtual service
5.0 Google rating
CPA-led accounting & tax teamQuickBooks Online + Gusto
Established locally. Convenient online.
Local Accounting Expertise Without Another Trip Across Town
Our Milwaukee-area office presence means you’re working with a firm established in your market. Electrical clients typically work with us virtually, so routine accounting never requires an office visit.
Whether you’re upgrading a panel in Wauwatosa or roughing in a new build in Menomonee Falls, you can meet by video and send documents securely—without losing half a day to an office visit.
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Meet by video
Talk with your accounting team without driving across town.
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Send documents securely
Use our secure client portal instead of delivering paperwork.
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We handle the accounting and taxes
We maintain the books, prepare returns, and handle included filings throughout the year.
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Plan ahead
When planning is included, meet during the year to review taxes and prepare for what’s coming.
You get an accounting firm serving Greater Milwaukee and Southeast Wisconsin—without planning your day around our office. Our office is not open for unscheduled walk-ins.
Our Milwaukee-area office and service areasLocal presence, convenient virtual service, and the ability to serve businesses nationwide.
You Probably Didn’t Start Your Business to Do This
You started a electrical company to pull wire, upgrade panels, finish service calls, and keep journeymen and apprentices on the right jobs—not to spend evenings checking whether QuickBooks is right.
- Wire, breakers, and supply-house invoices make it hard to tell whether the books are right.
- Material price swings make it unclear what the business actually earned this year.
- You don’t know how much to set aside—and April brings a surprise.
- A new van, lift, or set of tools leaves you unsure how it should be deducted.
- Payroll for journeymen and apprentices and your own S corporation salary aren’t clearly coordinated.
- Builder payments, service calls, and panel upgrades come in through different channels.
- Your accountant files a return once a year and isn’t around the rest of the time.
Your accounting should give you confidence—not become another job after you get home.
The details behind your trade
Accounting Built Around How Electrical Businesses Actually Operate
Electrical businesses have their own accounting and tax patterns. We keep those details connected in accurate books and coordinated Wisconsin and federal tax work.
Materials & Supply Costs
Keep wire, gear, and fixture purchases categorized so the books reflect real costs and support the return.
Journeyman & Apprentice Payroll
Where included, run payroll through Gusto and keep payroll for electricians and apprentices organized.
Service vs. Builder Work
Record service calls, panel upgrades, and builder or remodel work consistently so income is easy to understand.
Tax Planning
Where included, project federal and state taxes during the year so estimated payments reflect how the business is doing.
S Corporation Planning
Coordinate owner salary, distributions, and planning for electricians operating as S corporations.
Sales & Use Tax
Where included, help organize applicable sales/use tax on materials and support the agreed filings.
Business + Personal Returns
Prepare the company return and the owner’s personal return together so the complete picture is considered.
Who we work with: Residential service electricians, panel and EV-charger installers, remodel and new-construction electrical contractors, and small light-commercial electrical shops.
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2-minute questionnaire · No obligation
Don’t Wait Until Tax Season to Find Out What You Owe
Many electrical contractors only learn their tax result after the year is over. With planning included in your package, we use current books to look ahead while decisions can still be made.
- Review the tax position during the year using current books
- Estimate upcoming liabilities and reasonable estimated payments
- Consider timing of van, lift, or tool purchases when relevant
- Review S corporation owner compensation
- Evaluate legitimate deductions tied to how your electrical business operates
- Reduce surprises when the return is filed
The goal isn’t just to file your return. It’s to know what is coming before the return is filed.
We work to identify legitimate opportunities—not aggressive positions or guaranteed savings. What makes sense depends on your business and circumstances.
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2-minute questionnaire · No obligation
One Accounting Team for the Business and the Owner
When the same team keeps your books, prepares the electrical company return, and handles your personal return, tax planning starts from reliable numbers—not a year-end rebuild.
- Monthly tax-ready bookkeeping
- Business tax returns
- Owner’s personal tax returns
- Quarterly projections and planning, where included
- Payroll through Gusto, where included
- Wisconsin sales tax filings, where included
- Year-round accounting support
- IRS and Wisconsin notice assistance, where applicable
Services depend on your package and agreed scope. Notice assistance concerns ordinary matters related to supported accounting and tax work; we are not a tax-debt-relief firm.
Real client experiences
Business Owners Trust Passageway With More Than a Tax Return
“I've been with Passageway for 8 months and could not be happier. The communication is top notch, and I always feel heard. Such a relief.”
“Extremely knowledgeable and always quick to respond. Their attention to detail and proactive approach give us complete confidence in our books.”
“Fast, efficient, and knowledgeable — best in the biz. The Passageway team is always quick to respond in the client portal when questions come up.”
A real team behind the online experience
Trevor Haug, CPA
Founder, Passageway Financial
Passageway focuses on helping owner-operated businesses keep accounting organized and stay ahead of taxes. Trevor leads the firm; your accounting team keeps the books, returns, and ongoing work connected.
Working virtually should make the relationship easier—not less personal. You have people who understand your business and help make the next step clear.
Why Passageway
Thorough
We work carefully through the accounting and tax details so filings are correct and the books support them.
Responsive
You shouldn’t have to wonder whether your accountant got your question. We keep communication clear.
Proactive
When planning is included, we look at taxes during the year—not only when the return is due.
We Actually Care
Accounting problems follow you home. We work to keep you informed and your finances in order.
Built for Owner-Operated Electrical Businesses
Our sweet spot is an established, owner-operated electrical company—generally under approximately $5 million in annual revenue—that wants accounting and tax work handled together.
- Want bookkeeping and taxes handled together
- Use—or are willing to use—QuickBooks Online
- Are comfortable with video meetings and a secure portal
- Want ongoing, proactive planning rather than annual filing alone
- Value accurate, timely work and responsive communication
- Want a long-term relationship, not a one-time return
If you need only tax preparation, only bookkeeping, a walk-in office, daily phone/text communication, or specialized job costing or CFO services, another model may suit you better. We clarify expectations and scope before you commit.
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2-minute questionnaire · No obligation
Serving Electrical Contractors Across the Milwaukee Area
We serve owner-operated electrical contractors throughout Greater Milwaukee and Southeast Wisconsin, including Milwaukee, Waukesha, Washington, and Ozaukee counties. Our local presence supports a virtual relationship—not a requirement to visit an office.
From service and panel work in Milwaukee and West Allis to new construction in Waukesha, Germantown, and Mequon, Milwaukee-area electrical owners need current books, coordinated Wisconsin and federal taxes, and planning before year-end.
View our established office locationsSmall Accounting Problems Can Become Expensive Problems
Behind books can mean missed deductions, incorrect filings, late-filing penalties, Wisconsin or IRS notices, and surprise tax bills. Fixing it later takes time away from customers and crews.
The goal is simple: keep things accurate, organized and handled before they become bigger problems.
Questions from electrical contractors
Milwaukee Electrical Accounting: Common Questions
Do you work with electricians in Milwaukee and Waukesha County?
Yes. We serve owner-operated electrical businesses across Greater Milwaukee and Southeast Wisconsin. We maintain a Milwaukee-area office presence, and clients typically work with us virtually.
Do I need to come to your office?
No. Most meetings are by video, documents are shared through our secure client portal, and communication is electronic. Our office is not open for unscheduled walk-ins.
Do you handle both bookkeeping and taxes?
Yes. We generally handle them together, because accurate, tax-ready books support the business return, the owner’s personal return, and better planning.
Material costs swing a lot. How does that affect our taxes?
Accurate, current books show what you actually spent and earned. When planning is included, we use those numbers to estimate taxes during the year rather than guessing at year-end.
How do you handle vans, lifts, and testing equipment?
We record those purchases properly and evaluate available depreciation and deduction options based on how each asset is used and your overall tax picture.
Do you work with electrical contractors operating as S corporations?
Yes. Many of our owner-operated clients are S corporations. We help coordinate owner payroll, distributions, and business and personal Wisconsin and federal tax considerations within your engagement.
Can you help with QuickBooks Online?
Yes. We use QuickBooks Online for client accounting, and setup or transition support is included.
Do you provide job costing?
Our bookkeeping focuses on accurate, tax-ready financials. Detailed per-job costing or WIP reporting is not part of standard bookkeeping unless you code transactions that way or your engagement specifically provides for it.
Keep your electrical business moving. We’ll handle the accounting and taxes.
Tell us about your Milwaukee-area electrical company. We’ll review it and let you know whether our ongoing accounting and tax service looks like a good fit.
Let's Connect
2-minute questionnaire · No obligation
Start with the questionnaire. If it looks like a fit, you can choose a time to talk.