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Professionals on the Move – Jan. 2024

CPA Practice

Founded in 1968, PKF Mueller has offices in Elgin, Chicago and Orland Park, Illinois, as well as an office in Sarasota, Florida. The acquisition strengthens Cherry Bekaert’s reach in the Illinois market, supporting the Firm’s strategic growth plans. Tang joins the firm from Marcum Asia CPAs LLP where he served as an Audit Partner.

Illinois 114
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First-Quarter “Safe-Harbor” Quarterly IRS Estimated Tax Payments: Why and How to Make Them

Nancy McClelland, LLC

We still want folks to make quarterly payments (see my related IRS & Illinois posts for how to do it online), but for the first quarter, at least, we’re asking everyone to use “safe-harbor” calculations. However, times have changed. Why Use 1Q Safe-Harbor Calculations Instead of Annualizing?

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Friday Footnotes: Accounting’s Big Lie; BDO Poaching; EY Partners Get Whipped | 10.07.22

Going Concern

Financial Reporting Council (FRC) on Thursday announced it opened an investigation into accounting firm Mazars regarding its audit of financial statements at Studio Retail Group. Minority Accounting Students Sought for Internship Preparation Program [ Illinois CPA Society ]. A Few More Things.

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Effectively Leveraging Accounting for Financial Planning Strategy

CPA Practice

Having the capacity to perform financial analysis comes down to skill, bandwidth, and the balance between prioritizing today’s needs with tomorrow’s opportunities. Their understanding of how the tax code can impact future investments is an invaluable form of small business financial planning.

Account 52
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Professionals on the Move: Feb. 2024

CPA Practice

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Before joining CohnReznick, Schell was a Partner for a Big 4 firm where she was the primary contributing author of its illustrative financial statements for the alternative investment industry.

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

In that capacity, Urban was responsible for maintaining the company’s general ledger, preparing financial statements, and reconciling the company’s accounts payable and receivable and bank statements. Attorney General’s Office for Northern Illinois announced on Wednesday. Palos Hills Accountant Indicted In $7.8M

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Professionals on the Move: Feb. 2024

CPA Practice

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Before joining CohnReznick, Schell was a Partner for a Big 4 firm where she was the primary contributing author of its illustrative financial statements for the alternative investment industry.