Latest Articles

 Illinois CPA Society Partners with Avalara for Sales Tax Data

April 7, 2014 

Illinois CPA Society Partners with Avalara for Sales Tax Data

The Illinois CPA Society and sales tax automation provider Avalara, Inc. have formed a strategic alliance that gives the state's professional association of Certified Public Accountants no-cost access to up-to-date sales and use tax (SUT) and valued added tax (VAT) tools, and related resources to better assist their clients and/or their employers in this rapidly…

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April 7, 2014 

The Worst Countries for Inheritance Taxes

According to a new study conducted by the UK-based accounting firm network UHY International, “Old” world economies charge higher inheritance and estate taxes than “New” world economies.

 Financial Planner Shares 3 Smart Tips for Retirement

April 4, 2014 

Financial Planner Shares 3 Smart Tips for Retirement

With home ownership, job opportunity and retirement security in decline, an Allstate/National Journal Heartland Monitor poll shows that most Americans agree with what the experts have said. Seven in 10 think that tomorrow’s adults – today’s kids – will have less financial security than adults today.

 IRS Extends Income Tax Filing for Washington Mudslide Victims

April 4, 2014 

IRS Extends Income Tax Filing for Washington Mudslide Victims

The Internal Revenue Service has automatically extended the tax return filing and payment deadlines for victims of last month’s mudslides and flooding in Washington state. As a result, those taxpayers will have until Oct. 15 to file their returns and pay any taxes due, with no penalties or interest applied.

Isaac M. O'Bannon

 Illinios CPA Society Honors New CPAs

April 4, 2014 

Illinios CPA Society Honors New CPAs

The Illinois CPA Society recently awarded several individuals with its Excel Awards, which honor outstanding achievement on the 2013 CPA Exam. The Excel Award, established in 1984 by the Society's Board of Directors, is presented to new CPAs for outstanding performance on the Uniform CPA Examination.

Isaac M. O'Bannon