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gym workout 577a7b53ef955

July 4, 2016 

2016 Fringe Benefits Tax Series: #3 Let’s Get Physical!

The statutory requirements for on-site athletic facilities are precise. If you operate a gym or similar facility on the business premises, the value of the benefit is exempt from tax and deductible by the company as long as substantially all use at ...

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July 3, 2016 

2016 Fringe Benefits Tax Series: #2: An Adoption Assistance Plan

Taxpayers who adopt children may be in line for special tax breaks. Significantly, you can claim a generous tax credit for qualified adoption expenses you’ve incurred, subject to a reduction based on your modified gross income (AGI). But high-income ...

How to Weed Out the Lies and Exaggerations on Résumés

July 1, 2016 

How to Weed Out the Lies and Exaggerations on Résumés

If your job involves hiring, you know how frustrating it can be staring at all those résumés. Which claims are real, which are exaggerations and which are just flat-out lies? And when hiring, you need to think about each résumé as a used car ad ...

Do you know the basics of employment law?

June 30, 2016 

Do you know the basics of employment law?

Lawsuits and legal complaints have been exploding nationwide over the past decade. It's important for managers to do their part to prevent legal disputes by knowing the basics of employment law. How well do you know the law?

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June 29, 2016 

Paperback Version Of “Next-Level Accountants” Now Available

The paperback version of Next-Level Accountants: Your guide to growing a firm of trusted advisors is now available. The book that brings together top accounting and valuation industry thought leaders to provide advice on how firms can add value to client engagements and grow their practices. Just in time for summer reading, the book is now...…

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June 28, 2016 

Illinois CPA Society Awards 34 Accounting Scholarships

Each year, The Society and The CPA Endowment Fund provide about $185,000 in financial support and outreach assistance to qualifying students who are working towards becoming CPAs. ICPAS scholarship programs are funded by contributions to the CPA ...

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June 28, 2016 

2016 Tax Series: 16 Sweet Fringe Benefits

What’s better than a salary increase? For many employees, the addition of an equivalent fringe benefit may be preferable, due to the tax consequences. For example, if an employee is in the 25% federal tax bracket and receives a $10,000 raise, he or ...