Illinois news

Community News

Company announcements: Week of March 28, 2011

Following is the latest roundup of accounting community news for the week of March 28, 2011.
Community News

Illinois CPA firms announce merger

Gene Barinholtz, formerly part of Schaumburg, IL-based Barinholtz & Horwitz, has merged his team and their practice with the certified public accounting firm of Kutchins, Robbins & Diamond, Ltd. (KRD), also of Schaumburg. The merger will create one of the top 35 CPA firms in the Chicago area.
A&A

Business opportunities make forensics, fraud examination credential worth investigating

Demand for forensic accounting services from businesses of all sizes has made qualifying for a second certification in forensics and fraud examination an attractive option for accountants.
Practice

Small business employment index indicates job growth in January

Small business employment continued to show encouraging growth in January, with hours worked showing a strong increase as wages grew slightly, according to a recent survey.
Tax

How an embezzler stole millions from a small company

New details have emerged on the methods used and the outcomes following the case of 47-year-old convicted embezzler Sujata “Sue” Sachdeva, who was the trusted 15-year veteran vice president of finance, secretary, and principal accounting officer of Koss Corporation.
Community News

UT-Austin sweeps annual professors survey; PwC takes top ranking of firms

Public Accounting Report, CCH's independent newsletter of the accounting profession, has published results of its annual survey of accounting professors. UT-Austin swept the college rankings, while PwC took first place in the firm rankings.
Education & Careers

College students compete in PwC xTREME Games

Business students from the University of Illinois last week won the national round of the PwC xACT division for the third consecutive year. The xACT and the xTAX divisions are part of PwC US's xTREME Games, now in its ninth year.
A&A

CPA travels Route 66 to promote fuel that benefits Mother Nature

Not only did compressed natural gas benefit the business of a CPA's friend and client, it was the genesis of a record-breaking trip along Route 66 to promote alternative fuel and energy independence. AccountingWEB's Jason Bramwell reports.
Practice

Small business employment index indicates 57,000 jobs created in December

Small business employment continued to show growth in December with an increase in hours worked and wages flat, according to the most recent Small Business Employment Index by Intuit Inc.
Education & Careers

Small business employment index indicates 49,000 new jobs; wages down slightly

Small business employment continued to show growth in November, although wages were down and hours worked remained flat, according to this month's Small Business Employment Index by Intuit Inc.
Tax

Four celebrities face battles with the IRS

Even the thin, beautiful, and talented have to pay their fair share of taxes. Beverly Johnson, Janice Dickinson, Jaime Pressly, and Toni Braxton have run-ins with the IRS.
Community News

M&A: CG buys Farrell & Associates; Two Ohio CPA firms merge

Milwaukee-based Clifton Gunderson has expanded its presence into northern Illinois by merging in Farrell & Associates of Rockford. Also, David C. Murray & Co. CPAs, Inc., and Robert K. Rohlfs, CPA, have combined their practices.
Technology

CCH Mobile makes tax research available on BlackBerry, iPhone

CCH’s new application, CCH Mobile, is an extension of CCH’s IntelliConnect tax research platform and makes CCH’s content and tools available via BlackBerry and iPhone.
Education & Careers

How to earn those last-minute CPE credits

Professionals nearing the end of their reporting period, who still need to accumulate a few CPE credits or fulfill their state’s requirements, should check their state society Web sites for course listings and discounts.
Community News

Ahlbeck & Company joins SS&G

CPA and business advisory firm SS&G recently announced the completion of a merger with Chicago-based Ahlbeck & Company. The merger adds 22 staff members to SS&G's roster of more than 400 employees.
A&A

State societies sponsor CPA Day of Service

CPA societies in Illinois and Virginia provided the impetus for firms and individuals nationwide to take part in a day of service on September 24, the CPA Day of Service. The event not only helps worthy local organizations, but also highlights the contributions made by CPAs.
A&A

New IRS tax preparer regulations: What they mean for you

In June of 2009, the IRS began a review of tax preparers to investigate whether greater oversight was needed for those who collect compensation for preparing tax returns. The IRS released a report in December of 2009 giving recommendations on further oversight for tax preparers. How will the new regulations affect you?
Education & Careers

Finance pros most active on Facebook with family; use LinkedIn to job search

Nearly three-quarters of finance professionals revealed that they have a social media account, which primarily is being used to connect with friends and family via Facebook. When using social media to job search, however, LinkedIn was the definitive favorite.
Tax

CPE Link provides resources on HIRE tax credits

More than half of small businesses are optimistic about the U.S. economy, and 25 percent plan to hire new employees, according to the SurePayroll Scorecard , which tracks small business hiring trends.
A&A

Don't drink and tweet: Illinois CPA Society president speaks at nation's largest state CPA conference

Last week's Midwest Accounting and Finance Showcase in Rosemont, IL kicked off with approximately 1,700 CPAs in attendance, a group so large that it was clear the need for knowledge and networking is still alive.

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