Latest Articles

November 4, 2014 

Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2014 and years ahead, according to the Internal Revenue Service.

Isaac M. O'Bannon

November 4, 2014 

Thomson Reuters has released a free special report, Record Retention Requirements for Health & Welfare Benefits, to accompany its publication of a second edition book on the topic.

Isaac M. O'Bannon

November 4, 2014 

A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

November 3, 2014 

The Illinois CPA Society has honored three of its members with its 10th annual Women to Watch awards, in recognition of their notable contributions to the accounting profession, their organizations and the development of women as leaders.

Isaac M. O'Bannon

November 3, 2014 

CohnReznick was the top team contributor and the sixth national Making Strides contributor, raising over $70,000.

Isaac M. O'Bannon

November 3, 2014 

Most CPA firms reported modest increases in revenue in 2013, with a stable or brightening profit picture, according to a recent survey by the American Institute of CPAs and Texas Society of Certified Public Accountants.

Isaac M. O'Bannon

November 3, 2014 

A new report focuses on three key tax and financial planning opportunities tax practitioners can provide for their baby boomer clients who are approaching retirement and planning for their children’s and grandchildren’s college costs.

Isaac M. O'Bannon

November 2, 2014 

If you haven’t converted a traditional IRA to a Roth by now, you’re probably never going to do it…right? That’s not necessarily true. In fact, some of your clients who have been sitting on the fence for awhile may be convinced to finally take the leap ...

Ken Berry, JD

October 31, 2014 

As the year begins to wind down, you like many accounting firms are already preparing your offices and systems for the next year. But are you really planning for your future or just the next 12 months?

October 31, 2014 

In this guide, you’ll learn about the advantages cloud accounting offers over traditional software. You’ll also learn how data is kept secure and which tools are best for moving your clients into the cloud.

October 30, 2014 

The accounting firms of Elliott Davis and Decosimo, both headquartered in the Southeast U.S., will merge effective January 1, 2015. The combined firm, which will be known as Elliott Davis Decosimo, creates the region’s fifth largest accounting firm ...

Isaac M. O'Bannon

October 30, 2014 

The Internal Revenue Service has released annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The result is that many tax deductions and credits may be even more attractive in 2014.

Isaac M. O'Bannon