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Illinois CPA Society Presents 2023 Lifetime Achievement Award

CPA Practice

The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. He is also a frequent contributor to ICPAS’ Insight magazine and often represents ICPAS to the public in various media appearances.

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Professional tax help Chicago: Taxpayers Facing Tax Audits, Back Taxes, and 941 Payroll Tax Problems

MyIRSRelief

Chicago, Illinois is home to numerous businesses and individuals who may face tax-related challenges such as tax audits, back taxes, and payroll tax problems. In this article, we will explore the benefits of professional tax help for Chicago taxpayers facing tax audits, back taxes, and 941 payroll tax problems.

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12 Tips for Self-Employed Taxpayers

CPA Practice

Whether you’ve been self-employed for ages or are one of many entrepreneurs to have launched a business recently, lowering your taxes is always a savvy business strategy. Here are a dozen deduction tips, provided by the Illinois CPA Society. You can deduct up to 50 percent of your self-employment tax from your income taxes.

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6 SECURE Act 2.0 Changes to Plan for in 2023

CPA Practice

Increasing the age of when RMDs must begin benefits savers who don’t need the money for current living expenses, as it prolongs their investment timeframe, pushes out the income tax deferral on their account balances, and allows a longer window to consider and complete Roth IRA conversions. With SECURE Act 2.0

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CPE Webinar September 12, 2023: Cybersecurity for the Tax Practitioner

CPA Practice

Jared is a popular speaker and advisor due to his expansive knowledge of current tax policies, cybersecurity, and industry trends. Ann Campbell , CPA CIA, joined Drake Software in 2021 as a Tax Software Trainer. Gail is a graduate of Indiana University where she earned a bachelor’s degree in journalism.

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Professionals on the Move – January 2023

CPA Practice

Bennett Thrasher Elevates Largest Class In Firm History, Promoting Seven Professionals to Partner Bennett Thrasher , one of the nation’s largest and fastest-growing certified public accounting and consulting firms recently announced the admission of seven professionals to the partnership, effective Jan.

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5 Ways to Gift Yourself Tax Savings This Holiday Season

CPA Practice

If navigating your taxes and personal finances is a challenge, know that a CPA—a certified public accountant—can help. A CPA can advise you on how to strategically manage your finances all year long and then prepare and file your tax return to ensure all eligible credits and deductions available are maximized.

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