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Ostrow Reisin Berk & Abrams
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455 N. Cityfront Plaza Dr.
IL 60611-5313
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By Stephanie Zaleski
Many 401(k) plans feature a hardship withdrawal option. Both the IRS and DOL maintain strict regulations around these provisions.
By Robert Swenson
On July 6, 2017, the Illinois House followed the Senate and voted to override Gov. Bruce Rauner's veto of the budget and tax increase bills.
By Jason Flahive
Congratulations — you have decided to open your own practice! Or, maybe you have not, but are ready to move to a different, more suitable facility.
By Robert Swenson
The Chicago Paid Sick Leave Ordinance and the Cook County Earned Paid Sick Leave Ordinance both take effect on July 1, 2017.
By Caitlin Gibbs
A characteristic of a strong not-for-profit organization is an active board of directors that can support the organization in many ways—financially, with their time, and with the skills the members possess, both personally and professionally.
By Joel Herman
Immigration and legal residency are hot topics in today's environment. As a result, closer scrutiny is being paid to monitoring the workforce and employment eligibility.
By Jacqueline Janczewski
If you inherit an IRA, you have several options for handling the funds — depending on your relationship with the original accountholder.
By Chris Arndt
We recently had a client ask us what was required to become a reseller in Illinois and we figured why not take that information and make it a little more relatable to all of our awesome retail readers!
By Justin Sylvan
In late December 2015, former President Barack Obama signed H.R. 2029, which includes provisions that created the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act).
By Tanya Gierut, CPA
A few years ago, the IRS provided clarification on the proper tax treatment of expenditures relating to tangible property...
By Thomas Kosinski
Eminent domain is the process by which a government or entity has the ability to take private property for public use. Any property claimed through eminent domain must be fairly compensated.
By Chris Arndt
How do you know your company is financially fit? We all talk it to death: profit, profit, profit. And for good reason—your profitability, and therefore your profit margin, is the single best measure...
By Jim Quaid
Any size retirement plan can run into serious trouble when sponsors are not careful.
By Barbara Miller
When the Financial Accounting Standards Board's (FASB's) new revenue recognition standard was released in 2014...
By Amy Jackson
Scrap materials can sometimes pile up on the shop floor, especially when a plant ramps up production in order to meet peaks in demand.
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