Latest Articles

April 9, 2021 

The Internal Revenue Service is reminding U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is still April 15, 2021.

April 9, 2021 

It’s important to remember that the first and second Economic Impact Payments (EIP) were advance payments of the 2020 credit. Most eligible people already received the first and second payments and shouldn't or don’t need to include this information on...

April 9, 2021 

Managing debtors and the overall assessment of customer payment behaviors has never been as critical as it is in today’s economic climate. Businesses need to make decisions based on accurate, real-time intelligence. BlackLine AR Intelligence takes ...

April 9, 2021 

The Excel Awards were established in 1984 by the Illinois CPA Society Board of Directors to recognize new CPAs and CPA candidates for outstanding performance on the Uniform CPA Exam in Illinois. Honorees must achieve a total average score of 90 or ...

April 9, 2021 

There has been no such thing as business as usual since COVID-19 first arrived. Businesses of all kinds have had to adapt to a shaky economy and changes in finances. By navigating red tape, staying on top of financial aid opportunities and providing ...

April 9, 2021 

In this first part of a two-episode podcast, we take a look at the remarkable accomplishments of Black CPAs in the 20th century, featuring the testimony of two CPAs who witnessed Black CPA history firsthand: Ruth Harris (#85), the first Black female ...

April 9, 2021 

SafeSend, a provider of e-sign and workflow automation technology for certified public accountants (CPAs) and tax preparers, today announced a partnership with Lead Edge Capital, a growth-stage investment firm based in New York and Santa Barbara, to ...

April 9, 2021 

The American Jobs Plan is a $2.3 trillion plan that would change the infrastructure of the US.  According to the White House, the US is one of the wealthiest nations in the world and we rank 13th in infrastructure.  In order to pay for this plan, Biden is stating that he will raise taxes. Increase...…

April 9, 2021 

Against the backdrop of a worldwide pandemic and a decline in overall securities class action filing activity, the number of securities class action filings involving accounting allegations increased in 2020 for the third consecutive year, according to...

April 9, 2021 

The CPA Endowment Fund of Illinois, the charitable partner of the Illinois CPA Society, is proud to announce its Board of Directors to serve April 1, 2021 to March 31, 2022.

April 9, 2021 

One of the business stories coming out of the last year is the dramatic growth of electronic supplier payments. In Q4, Nacha, National Automated Clearinghouse, reported a 15 percent year-over-year increase in B2B ACH payments.

April 9, 2021 

Is your firm one of the hundreds waiting for the issuance of a Public Company Accounting Oversight Board (PCAOB) inspection report? You are in good company as more firms join this group weekly. Since peaking at 344 inspection reports in 2011, the PCAOB’s pace for issuing inspection reports slowed to a trickle of only 46...…