Illinois news

Practice

CPA Firm Offering Chair Massage to Relieve Employee Tax Season Stress

Porte Brown LLC is one of the growing number of accounting firms investing in their employees' wellness. The firm is offering weekly chair massage therapy sessions for team members during the busy tax season.
Education & Careers

Jesse Jackson Jr. Guilty of Money Crimes

One publication describes them as a "power couple," but those days may be over for Mr. and Mrs. Jesse Jackson Jr., at least for now. On February 20, both Jacksons entered guilty pleas in the separate charges brought against them.
Education & Careers

Call to Duty: Illinois CPAs Support Troops with Free Tax Prep Program

When visitors walk into the offices of David J. Hensley, CPA, Inc., the first thing they see is a folded and framed American flag proudly displayed on the most prominent wall of Hensley's unpretentious office.
Tax

IRS Intensifies National Crackdown on Identity Theft

Continuing a year-long enforcement push against refund fraud and identity theft, the IRS announced the results of a massive national sweep targeting identity theft suspects in thirty-two states and Puerto Rico, involving 215 cities.
Practice

PMB Helin Donovan Continues on Fast Track with Latest Merger

PMB Helin Donovan LLP (PMB) is on an aggressive growth track, most recently merging with a San Francisco Bay Area CPA firm, BBR LLP. This is PMB's third significant merger in the past two years and is its largest.
Practice

Plante Moran's Latest Merger Ups It to Eleventh Place National Ranking

Plante Moran's merger with a Chicago CPA firm last year moved it up a notch to eleventh place in a ranking of the nation's largest public accounting firms based on revenue and significantly expanded its Chicago presence.
Technology

CPAs Adding Social Media to Connect with Clients and Find New Ones

CPA firms' use of social media is evolving, from the simple use of e-mail, a web page, or the telephone, to messaging via Twitter or through postings on Facebook and LinkedIn.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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