Illinois news

Community News

Baker Tilly Extends Outreach Efforts to Students in Need

Each weekday at around 9:00 a.m., a minivan from Cristo Rey Jesuit High School pulls up to the Minneapolis offices of accounting and advisory firm Baker Tilly.
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Tax

Crime Watch

Today’s Crime Watch includes coverage of a Barbados national sentenced to 114 months in prison and ordered to pay restitution of just under $1.7 million for devising and executing a stolen identity federal income tax refund fraud scheme.
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Education & Careers

AICPA Honors Top Accounting Educators

On October 18, the American Institute of CPAs (AICPA) honored some the best and brightest forward-thinking educators when it announced the 2012 recipients of three accounting curriculum awards.
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Tax

Prepare for Potentially Looming "Fiscal Cliff"

As the end of the year grows closer, so does the uncertainty surrounding the "fiscal cliff" and tax planning for the future. The ICPAS is advising you to be prepared.
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Practice

Walking the Walk - Firm Focuses on Service

Firm members of Porte Brown LLC were just a few of the approximately 7,000 Chicago-area residents who turned out Sunday, October 14, for the 34th annual Ron Santo Walk to Cure Diabetes.
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Education & Careers

Intuit Indexes Show Small Business Growth Slowing

Results of the monthly Intuit Small Business Revenue and Employment indexes are in. They show revenue in August declined for the sixth consecutive month, and employment continued to grow slowly in September.
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Education & Careers

Five Receive CalCPA Women to Watch Awards

The CalCPA honored five CPAs with its Women to Watch Awards for 2012 during ceremonies at the "Women's Leadership Forum" at the Ritz-Carlton September 27. The awards recognize service and contributions to the CPA profession.
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Community News

CPAs Foster Selfless Service

CPA societies in Illinois, Virginia, Indiana, and, for the first time, North Carolina, provided the impetus for firms and individuals nationwide to take part in this year's annual CPA Day of Service.
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Education & Careers

Illinois Firm Fosters Culture of Learning

Each month (outside of tax season), Porte Brown brings together its three offices and takes the entire team off-line for a full day of structured training and best practice sessions.
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Community News

CPA Societies Sponsor Selfless Service

The CPA Day of Service is a day when thousands of accountants from CPA societies across the country will put down their tablets and pick up everything from paintbrushes to rakes to spatulas and volunteer in their communities.
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Tax

Chicago Lawyer Helped Wealthy Clients Dodge Taxes

In what is considered the largest tax fraud prosecution in history, a Chicago lawyer, Donna Guerin, has pleaded guilty to helping rich clients evade millions of dollars in taxes.
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Practice

2012 IQ Survey Reveals Traits of Innovators

Organizations that make a choice to build and nourish innovation can earn a significant payoff for their efforts. Advisers at Plante Moran and NewNorth Center offer a self-improvement guide for innovation.
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Education & Careers

Top Cities for Best Salary Raises

Workers in a majority of metropolitan areas received substantial raises from 2010 to 2011. Cities with greater concentrations of college graduates did even better, according to data from the Martin Prosperity Institute.
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Education & Careers

ICPAS Showcase Put Practical Focus on the Future

For the last four years, Edward J. Hannon, partner in charge of tax practice at Freeborn & Peters LLP, says the opportunity to attend the ICPAS Annual Midwest Accounting and Finance Showcase has been nothing short of a "game changer."
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Practice

North Carolina CPAs Prepare for CPA Day of Service

Excitement is growing among North Carolina CPAs as they prepare to participate for the first time in the CPA Day of Service on September 21, 2012.
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Education & Careers

AICPA Best Early Career Researcher Award Winner

The AICPA has announced that Jasmijn C. Bol, PhD, associate professor of accounting, Freeman School of Business, Tulane University, New Orleans, was awarded the Best Early Career Researcher Award.
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Practice

EEOC State Data Shows Trends, Areas to Watch

In 2011, the EEOC received a record-setting number of charges from those claiming employment discrimination: 99,947 in fiscal year 2011, compared to 99,922 in 2010, and an increase from 82,792 in 2008.
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Practice

Merger of Romans Group and MFR

MFR`s executive team announced the merger of the Romans Group with MFR and the formation of MFR Healthcare Solutions, Inc., which was effective August 1, 2012.
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Tax

Man Allegedly Falsified Returns to Maximize EITC

The Justice Department has asked a federal court in Chicago to bar Bruce E. Grant from preparing tax returns. The suit alleges that Grant frequently fabricates business income and expenses to maximize EITC.
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Education & Careers

Beta Alpha Psi's Outstanding Faculty Advisor Awards

The Outstanding Faculty Advisor Award, sponsored by McGladrey LLP, was presented to five faculty advisors at the Beta Alpha Psi Annual Meeting in Baltimore, Maryland, on August 3, 2012.
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Pages

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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