Latest Articles

June 18, 2015 

Over the past nine years, CohnReznick’s outing has raised a combined total of more than $1.45 million for these two organizations through the firm's charitable outreach arms, the CohnReznick Foundation and the CohnReznick CARES initiative.

Technology June 18, 2015 

While the lending market has evolved, the basic need for working capital remains the same. According to the U.S. Small Business Administration, there are 23 million small businesses in America—accounting for 54 percent of all U.S. sales.

Kristy Short, Ed.D.

June 18, 2015 

A health reimbursement arrangement (HRA) is an employer-funded arrangement that reimburses an employee for medical care expenses, including premiums for health coverage, incurred by an employee, on behalf of the employee’s spouse, dependents, and any othe

June 17, 2015 

The IRS is making easier for taxpayers to calculate the optimal amount. On its website at www.irs.gov, you can find a withholding calculator that does all the grunt work for you. All you have to do is go through several simple steps and enter the ...

June 17, 2015 

Reduced budgets and collection resources at the Internal Revenue Service (IRS) have resulted in declines in taxpayer service, case closures, and dollars collected, according to a report released today by the Treasury Inspector General for Tax ...

June 17, 2015 

The research reveals that an inability to access the right financial information is having a direct impact on business performance and CFOs’ reputations. 45 percent say poor data hampers timely decision making, and inaccurate information causes mistakes.

June 17, 2015 

When you think about it, though, personal branding is not new. It’s just that more people have the means to do it today and, fortunately, the Internet has provided us with numerous ways to create and maintain a personal brand.

June 17, 2015 

Taxpayers are all smiles when they are able to sell their principal residence at a sizeable gain and avoid any tax liability. Under the home sale exclusion, they can generally exclude up to $250,000 of gain from tax or $500,000 if they are married and ...

June 16, 2015 

If you’ve been following the news lately, then you’ve probably heard of the lawsuits against some of the on-demand service providers which beg the question: are workers employees or independent contractors? On-demand services providers hire workers to provide a service “on demand” to customers. For companies like Lyft and Uber, workers provide their own vehicles...…

Taija Sparkman

Small Business June 16, 2015 

A detailed look at the inner-workings of this vital small business resource. While the SBA can be a vital resource for small business owners and entrepreneurs, many don’t understand its lending programs or place within the lending landscape.

Kristy Short, Ed.D.

June 16, 2015 

There are a few common questions to consider when it comes to building, executing and analyzing surveys. I will address them below. Feel free to send me a note if you need some help or have questions about surveying your client base.

June 16, 2015 

The Illinois CPA Society has awarded $60,000 in scholarships to 31 accounting students as part of the Society’s Accounting Scholarship Program funded by the CPA Endowment Fund of Illinois.