Illinois news

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."
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.
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.
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.
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.
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.
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.
Education & Careers

Focus on the Future - ICPAS Hosts Showcase

The ICPAS' premier event for business and finance professionals, the Midwest Accounting and Finance Showcase, offers firms and companies tangible business solutions and best practices to help propel profitability.
Practice

Ninety-One Nonprofits Compete to Win $25,000

Blackman Kallick Plante Moran launched an online contest ‒ Chicago Community Champions ‒ to help Chicago-area not-for-profit organizations raise their visibility and compete for a $25,000 award.
Practice

Plante Moran and Blackman Kallick to Merge

Hydrogen and oxygen are essential elements, and together they make a big splash. The same can be said for the merger of Plante Moran and Blackman Kallick.
Education & Careers

ICPAS Scholarships Support Future CPAs

The ICPAS made the road much smoother for twenty-three accounting students from multiple colleges throughout Illinois when it awarded $47,000 in scholarships to help them pursue their dream of becoming a CPA.
Practice

Succession Planning: Preparing for Success

Jeffery Mowery describes his firm, Mowery & Schoenfeld LLC, as an attractive and viable exit strategy for smaller firms who don't have a succession plan in place.
Community News

Illinois Firms BWBR and M&S Announce Merger

July 1, Baerson Witonski Berkowitz & Rubin LLC (BWBR) will merge its practice into Mowery & Schoenfeld, LLC (M&S), headquartered in Lincolnshire, Illinois. The merger will create a combined firm in excess of $8 million in annual fees.
Education & Careers

Chicago CPAs Offer Distinctive Internship Program

From the minute Pawel Szeliski began taking business classes at the University of Illinois at Chicago (UIC), he says he was instinctually drawn to the "fluidity and creativity" of accounting. He has passionately pursued his dream of becoming a CPA ever since.
Education & Careers

Rev Up for Next Year's Busy Season at a Conference

Now that busy season is over, it's a good time to consider attending a conference.
Education & Careers

AICPA: 2011 Elijah Watt Sells Award Winners Announced

The American Institute of Certified Public Accountants has announced the winners of the 2011 Elijah Watt Sells Award. Thirty-seven students received this honor.
Practice

AICPA Scholars Program Aims to Increase Accounting PhD Faculty

In fall 2009, when most young professionals and recent college graduates were struggling to find almost any position in the decimated American job market, Denise Hanes, a successful senior associate with PricewaterhouseCoopers (PwC) in Philadelphia, did what many might consider the unthinkable.
Tax

Illinois Federal Court Shuts Down "Employee Benefit Plan" Tax Scheme

On March 6, the Justice Department announced that a federal court permanently barred Tracy L. Sunderlage, Linda Sunderlage, and four companies from operating an alleged scheme to help high-income individuals attempt to avoid income taxes by funneling money through purported employee benefit plans.
Practice

IC Opportunities Honors Innovative Technology Developer

At the inaugural IC Opportunities event in Schaumburg, Illinois, this February, there was a vibrant, envelope-pushing discussion among young and young-thinking accountants about how to move the profession forward and adapt to the needs of an increasingly tech-savvy business world.
Community News

Baker Tilly's 2012 Spend a Day Program

Baker Tilly's annual Spend a Day program is designed for college sophomore and junior accounting majors to experience the culture and atmosphere of a successful accounting and advisory firm.

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