07.09.25
The NCAA Settlement: What’s Next?
On June 6, 2025, a federal district court judge approved a landmark settlement in the class action lawsuit known as House vs. NCAA, bringing an end to the amateurism model in college athletics. According to the judge, the settlement is expected to open the door for Division I student-athletes to receive about $1.6 billion in […]

08.11.25
ORBA Ranked as a 2025 Top 200 Firm by INSIDE Public Accounting
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, has once again been recognized as a 2025 IPA Top 200 Firm by INSIDE Public Accounting (IPA). This marks the eleventh time since 2013 that ORBA has made the list of the country’s top firms. In the IPA’s annual report, ORBA is ranked #113, climbing five spots higher than last year, and is the highest ranked of the six Illinois firms on the Top 200 list.

06.30.25
ORBA Welcomes New Hires to the Firm
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to welcome five professionals to the firm’s Audit, Marketing, Tax and Transaction Advisory Groups.

06.03.25
Cory Nielson, CPA, Joins ORBA Salt Lake City Office as an Audit and Assurance Group Director
SALT LAKE CITY — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of the country’s largest full-service accounting, tax and advisory firms, recently announced the addition of Cory Nielson as an Audit and Assurance Group Director in its Salt Lake City office.

10.01.25
IRS Releases Guidance on Changes to R&E Expensing
Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code Section 174, beginning in 2025. The IRS has recently issued transitional guidance (Revenue Procedure 2025-28) on how this change will be implemented. This transitional guidance addresses several critical issues. Here is what businesses of all sizes need to know.

08.25.25
How Will the Changes to the SALT Deduction Affect Your Tax Planning?
As part of recent legislative changes, several clean energy tax incentives established or expanded by the Inflation Reduction Act (IRA) are being modified or phased out with the passage of the One, Big, Beautiful Bill Act (OBBBA). Below is an overview of the adjustments and eliminations affecting both individuals and businesses regarding clean energy tax incentives under the OBBBA.

08.07.25
The OBBBA Will Soon Modify or Eliminate Certain Clean Energy Tax Incentives
As part of recent legislative changes, several clean energy tax incentives established or expanded by the Inflation Reduction Act (IRA) are being modified or phased out with the passage of the One, Big, Beautiful Bill Act (OBBBA). Below is an overview of the adjustments and eliminations affecting both individuals and businesses regarding clean energy tax incentives under the OBBBA.

08.11.25
ORBA Ranked as a 2025 Top 200 Firm by INSIDE Public Accounting
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, has once again been recognized as a 2025 IPA Top 200 Firm by INSIDE Public Accounting (IPA). This marks the eleventh time since 2013 that ORBA has made the list of the country’s top firms. In the IPA’s annual report, ORBA is ranked #113, climbing five spots higher than last year, and is the highest ranked of the six Illinois firms on the Top 200 list.

06.30.25
ORBA Welcomes New Hires to the Firm
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to welcome five professionals to the firm’s Audit, Marketing, Tax and Transaction Advisory Groups.

06.03.25
Cory Nielson, CPA, Joins ORBA Salt Lake City Office as an Audit and Assurance Group Director
SALT LAKE CITY — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of the country’s largest full-service accounting, tax and advisory firms, recently announced the addition of Cory Nielson as an Audit and Assurance Group Director in its Salt Lake City office.