CPA Practice

JULY 14, 2025

Leave a Reply Cancel reply Δ Mary Girsch-Bock Contributing Writer Mary Girsch-Bock is a graduate of the University of Illinois-Chicago. Be bold and make positive steps to become the firm you are meant to be.

West Virginia

CPA Practice

JULY 28, 2025

Jason Bramwell Mergers and Acquisitions July 28, 2025  KSM Brings in CPA Firm MichaelSilver in Illinois Top 60 accounting firm Katz, Sapper & Miller announced Monday its formal entry into the Chicago market with the addition of MichaelSilver, a Deerfield, IL-based advisory, tax, and assurance firm serving clients for more than 80 years.

accounting firms

Accounting Today

JUNE 12, 2025

Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. million payroll tax scheme. He failed to collect, account for and pay over payroll taxes to the IRS on behalf of each of these companies from 2014 to 2022, a total of at least $3.5 million.

Tax

CPA Practice

JULY 25, 2025

Jason Bramwell Leave a Reply Cancel reply Δ Mary Girsch-Bock Contributing Writer Mary Girsch-Bock is a graduate of the University of Illinois-Chicago. She began her career as accountant and later made the switch to writing full time, concentrating on business and technology, with a focus on small business.

West Virginia

CPA Practice

JUNE 18, 2025

Mary Girsch-Bock Firm Management June 18, 2025  Burgess Hodgson Announces Strategic Partnership with Abry Partners to Accelerate Growth BH’s team of over 200 professionals provides a comprehensive suite of services, including audit, tax, accounts advisory, outsourced finance, payroll and corporate advisory solutions.

Technology

CPA Practice

JUNE 19, 2025

Previously at Gusto, he served as the company’s Chief Product Officer and was responsible for scaling Gusto’s product platform for payroll, benefits, HR, and more. Jason Bramwell Leave a Reply Cancel reply Δ Mary Girsch-Bock Contributing Writer Mary grew up in Chicago, graduating from the University of Illinois-Chicago.

Real Estate

Accounting Today

JUNE 16, 2025

For advisors and their clients, that entails using the same payroll records as they do for any other employees and assigning the kids to perform actual work aligning with their hours and skills. This could be an incredible wealth transfer, if it is done right and done appropriately."

Tax

CPA Practice

NOVEMBER 6, 2024

She is the CEO of  CorpNet.com , the smartest way to start a business, register for payroll taxes, and maintain business compliance across the United States. She returned to school to study accounting at Illinois State University, earned her CPA, and worked for Deloitte in Chicago for several years as a state and local tax accountant.

Indiana

CPA Practice

JULY 9, 2025

OBannon Platform Accounting Group has announced an Illinois-based firm has joined the group. Madison Street Advisors, formerly McCormick Tax Group, is based in downtown Chicago and increases Platform’s presence in the Midwest region.

Technology

CPA Practice

JULY 11, 2025

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology (..)

Technology

Accounting Today

AUGUST 5, 2025

Last December, it added Midwest Advisors, formerly known as Philip+Rae & Associates, in Naperville, Illinois, and Crossroads Advisors, formerly Peachin Schwartz + Weingardt, in Indianapolis. Last month, Platform added AKM Advisors , a firm based in New York. in Thousand Oaks, JHS in Danville and Anaheim, and Hamilton & Co. in Modesto.

New Jersey

Accounting Today

JULY 10, 2025

Dolton, Illinois: Tax preparer Byron Taylor, of Homewood, Illinois, has pleaded guilty to preparing and filing false individual income tax returns for clients and for himself. As part of the scheme, the contractors issued payroll checks for the workers wages to the shell companies. million on personal expenses.

Tax

CPA Practice

AUGUST 7, 2025

Leave a Reply Cancel reply Δ Mary Girsch-Bock Contributing Writer Mary Girsch-Bock is a graduate of the University of Illinois-Chicago. Taxes August 7, 2025  Trump’s Tariffs Take Effect in Fresh Test for Global Economy Taken together, President Trump’s actions will push the average U.S. tariff rate to 15.2%, well above 2.3%

audit

Accounting Today

JUNE 26, 2025

Illinois: Attorney Matthew E. Tomasello, Forest Park, and CPA Victor C. Smith, Woodstock, both indefinite from Jan. Hawaii: Enrolled Agent Michele K. Slone, Hilo, indefinite from March 18, 2025. Peek, Champaign, indefinite from March 18, 2025. Indiana: CPA Michael M. Harman, Modoc, indefinite from Nov. 20, 2024, and attorney Jason M.

Tax

CPA Practice

JULY 14, 2025

Cynthia Bradley, of Belleville, Illinois, was sentenced to 15 months in prison in June and ordered to pay $5,768,106.28 Last week, on June 26, 2025, they were each sentenced by Judge Lynn: Sunshyne Endurance Ogungbemi, of Waxahachie, Texas, was sentenced to 18 months in prison in April and ordered to pay $7,533,550.84 in restitution.

tax preparation

CPA Practice

AUGUST 1, 2025

It was later expanded to include 25 states, including California, New York, Florida, Texas, Illinois, North Carolina and Pennsylvania. The agency launched the pilot program in 2024, under then-President Joe Biden, making it available to taxpayers in 13 states.

Technology

ThomsonReuters

JUNE 23, 2025

Other states — including New York, Illinois, and North Carolina — proposed legislation to limit noncompetes based on employee income thresholds, reflecting a broader trend toward more targeted, worker-protective restrictions. In 2025, Arizona introduced a bill to fully ban noncompetes, joining states like California and Minnesota.

North Carolina

CPA Practice

OCTOBER 22, 2024

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication. Fill out the form below to access this resource.

payroll

CPA Practice

JULY 29, 2025

OBannon Mergers and Acquisitions July 28, 2025  KSM Brings in CPA Firm MichaelSilver in Illinois Top 60 accounting firm Katz, Sapper & Miller announced Monday its formal entry into the Chicago market with the addition of MichaelSilver, a Deerfield, IL-based advisory, tax, and assurance firm serving clients for more than 80 years.

Technology

MyIRSRelief

MAY 22, 2023

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.

payroll tax

CPA Practice

APRIL 9, 2024

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp. for both employees and employers.

payroll tax

Patriot Software

JULY 28, 2022

Seeing this looming crisis, Illinois launched the Secure Choice Retirement Savings Program (Illinois Secure Choice). Like other state retirement programs, Illinois Secure Choice mandates that all businesses with five or more employees […] READ MORE. One reason?

Illinois

Patriot Software

OCTOBER 23, 2023

Are you an Illinois employer? In March 2023, Illinois Governor JB Pritzker signed SB208 into law, requiring Illinois paid leave. Do you provide paid time off (PTO) to your employees? Beginning in 2024, providing paid time off is no longer a choice—it’s a state mandate.

Illinois

ThomsonReuters

JANUARY 30, 2023

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. Voters approved a ballot measure that will gradually eliminate the tip credit.

payroll

CPA Practice

OCTOBER 3, 2024

This webinar will be held on Thursday, November 14, 2024 at 2:00pm ET Sponsor: IRIS Payroll Duration: 1 Hour Register Now Gustavo Fernandez, President of Payroll Service Pros, will share real-world examples to demonstrate the differences and the choices you make play out in practice.

payroll

PYMNTS

APRIL 29, 2020

One of the things that will be required is you will have to show a payroll report that you actually spent the money on payroll and other items that qualify for forgiveness,” he said. Borrowers must certify 75 percent of the money was spent on payroll. The SBA is a shoestring agency with several thousand employees.

audit

Nancy McClelland, LLC

AUGUST 21, 2023

There is a phased-in approach to the State of Illinois’ new plan, and this November (2023) is going to catch a bunch of folks unprepared, as the requirements will extend to any business with five or more employees. What Is Illinois Secure Choice? Why Is Illinois Making Small Business Owners Do This?

Illinois

Nancy McClelland, LLC

AUGUST 21, 2023

There is a phased-in approach to the State of Illinois’ new plan, and this November (2023) is going to catch a bunch of folks unprepared, as the requirements will extend to any business with five or more employees. What Is Illinois Secure Choice? Why Is Illinois Making Small Business Owners Do This?

Illinois

CPA Practice

JANUARY 2, 2024

The strategic acquisition also encompasses Mueller dotKonnect , a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Founded in 1968, PKF Mueller has offices in Elgin, Chicago and Orland Park, Illinois, as well as an office in Sarasota, Florida.

Illinois

CPA Practice

JULY 3, 2024

If you’re thinking about offering payroll services or switching from your current payroll software, this guide can help you decide if it’s time for a change. It will also highlight the essential features your new payroll solution should have. Required) When are you considering a payroll software platform change?

payroll

CPA Practice

AUGUST 6, 2024

Gilder Lanz joined the Firm as an Outsourced Accounting Associate, specializing in payroll and bookkeeping services. She specializes in payroll and bookkeeping services. Sikich Visionary Scholarship in partnership with the Illinois CPA Society (ICPAS) to honor the firm’s founder, Jim Sikich.

Pennsylvania

CPA Practice

MARCH 16, 2023

The Midwest, led by Illinois, has gained 0.77 Drawing from the payroll data of approximately 350,000 Paychex clients with fewer than 50 employees, the monthly report offers analysis of national employment and wage trends, as well as examines regional, state, metro, and industry sector activity. percent during the past quarter.

North Carolina

Anders CPA

JANUARY 7, 2025

In 2025, there are several updates to various payroll tax withholding limits, including Social Security tax and 401(k) elective deferrals. For employees, the minimum wage is increasing in Missouri and Illinois. The Illinois minimum wage will increase to $15.00 In Illinois, the penalty for non-compliance is $15.

payroll tax

CPA Practice

MAY 1, 2023

California, Oregon, Illinois, Colorado, and other states require businesses to either start their own retirement plan or enroll their employees in the state automated program called auto-IRAs. The changes can result in a win-win for both employers and employees, as they make it easier for both parties to grow their retirement contributions.

Oregon

Anders CPA

JANUARY 1, 2024

In 2024, there are several updates to various payroll tax withholding limits, including Social Security tax and 401(k) elective deferrals. For employees, minimum wage is increasing in Missouri and Illinois. The Illinois minimum wage will increase to $14.00 In Illinois, the penalty for non-compliance is $15.

payroll tax

MyIRSRelief

AUGUST 2, 2024

Cannabis businesses should maintain detailed records of all transactions, including sales, purchases, payroll, and other expenses. Here are some steps cannabis businesses can take: Maintain Accurate Records: Keep detailed records of all financial transactions, including sales, purchases, payroll, and expenses.

audit

Anders CPA

MAY 15, 2023

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Contact Anders The post Employer Payroll Tax Obligations When Employees Work Out-Of-State appeared first on Anders CPA.

payroll tax