08.22.24
Are Your Partners up to Par? What to do About Underperforming Colleagues
How do you know when it is time to let a partner go? It is common for partners to have some years that are more productive than others, and it is never easy to ask a colleague to leave. Here are some areas to consider when deciding if it is time to take action. Defining […]

04.02.24
It is Time to Get Serious About Digital Marketing
For many law firms, digital marketing still remains an afterthought. However, simply having a stagnant website, an occasional blog and limited social media presence will not cut it, regardless of your firm’s size or specialty. The competition for legal services is simply too fierce. If your firm is looking to develop or revamp its digital […]

01.04.24
Tax Considerations for Office Leases
With the changing work environment in recent years, many businesses are reconsidering their office spaces and current leases. This could include renegotiating leases, reducing or increasing space, or leasing a new space. While there are many things to consider before signing or modifying a lease for office space, one of the areas that should not […]

11.14.22
Law Firm Group Newsletter – Fall 2022
ORBA's Law Firm Group's Fall 2022 Newsletter discusses ways a law firm can retool its policy for origination credits and reminds law firms to carefully consider the need for lateral hires as the costs of bringing them on can be high.

07.26.22
Law Firm Group Newsletter – Summer 2022
ORBA's Law Firm Group's Summer 2022 Newsletter summarizes the updated Attorneys Audit Technique Guide and looks at how law firms are valued compared to other businesses.

05.19.22
Law Firm Group Newsletter – Spring 2022
ORBA's Law Firm Group's Spring 2022 Newsletter discusses the findings of the 2022 Report on the State of the Legal Market and highlights ten ways law firms can assess collections processes.

06.03.20
What You Need to Know About Paycheck Protection Program Loan Forgiveness
Join ORBA’s Frank L. Washelesky on Friday, May 29, for a complimentary webinar that will provide clarity on the PPP Loan Forgiveness rules. 

02.13.19
Tax Planning Considerations for New Law Firm Partners
Recently becoming a partner at your firm, or in the near future, is an exciting milestone in your professional life. With any leadership role comes a new set of responsibilities yet it’s surprising how few are prepared for the financial implications of such an undertaking. Now is the perfect time to consider your personal financial […]

08.05.15
ORBA and COSi Present: Tiger Teams – Empowering Your People to Accelerate Profitability
During this program, you'll roll up your sleeves, participate in interactive hands-on exercises and learn proven techniques that will be immediately useful. You will also receive expert one-on-one coaching so you can get started down the fastest path to building a more profitable and valuable high growth business.

08.29.24
Inside Public Accounting Recognizes ORBA as a 2024 Top 200 IPA Firm
ORBA, one of Chicago’s largest public accounting firms, has been recognized as a 2024 IPA 200 Firm by INSIDE Public Accounting (IPA). Debuting on the list in 2013, this is the tenth year that ORBA has made the list of the country’s Top 200 Firms. ORBA is ranked #118 on the list in the annual report.   

07.17.24
New Hires to Join ORBA’s Tax, Accounting Services and Cloud CFO Services Groups
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Bimini Chastain has joined the Cloud CFO Services Group, Minna Li has joined the firm’s Accounting Services Group and Rich Smith has joined the firm’s Tax Group.

06.04.24
ORBA Adds Salt Lake City Office to its Accounting, Tax and Advisory Practice: Experienced Local CPA, Darin Fullmer, to Manage
SALT LAKE CITY — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest full-service accounting, tax and advisory firms, proudly announces the opening of its first office outside the Midwest in Salt Lake City, Utah.

10.03.24
Taxes Take Center Stage in the 2024 Presidential Campaign
Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details can be hard to come by — and additional proposals continue to emerge from the candidates. Here is a breakdown of some of the most notable tax-related proposals of former President Donald Trump and Vice President Kamala Harris.

08.15.24
IRS Issues Final Guidance on Required Minimum Distributions and Inherited Retirement Accounts
IRS Ruling Final Regulations 2024-14542 includes final guidance on Required Minimum Distributions (RMDs), inherited retirement accounts and other items. This Client Alert is a high-level overview of certain provisions and changes. This does not cover all provisions included in the 260 page final regulations.

07.31.24
IRS Ramps up Compliance Enforcement against Certain Businesses
The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers owe and what they actually pay. The tax agency has already launched numerous initiatives aimed at this goal, including several business-related compliance campaigns.

04.08.19
Various Media – ORBA Appoints Chief Financial Officer
ORBA is mentioned in the media for announcing the appointment of Cara Sample, CPA, as Chief Financial Officer of the firm. Reporting media include Yahoo! Finance, Spoke, The Daily Herald, NewsBlaze, Star Tribune and ABC 7. View the official press release.

04.04.19
Various Media – ORBA Ranked Among 2019 ‘Top Firms to Watch’ by Accounting Today
ORBA is mentioned in the media for being ranked among the “Beyond the Top 100: Firms to Watch” list for 2019, as well being listed among the top 20 firms in the Great Lakes Region.

01.10.19
Various Media – ORBA Launches ORBA Wealth Advisors
ORBA was mentioned in the media for its announcement of the launch of ORBA Wealth Advisors, LLC. Reporting media include Wealth Adviser, Verdict, Yahoo! Finance, the Daily Herald and Merril Edge. View the official press release.

08.29.24
Inside Public Accounting Recognizes ORBA as a 2024 Top 200 IPA Firm
ORBA, one of Chicago’s largest public accounting firms, has been recognized as a 2024 IPA 200 Firm by INSIDE Public Accounting (IPA). Debuting on the list in 2013, this is the tenth year that ORBA has made the list of the country’s Top 200 Firms. ORBA is ranked #118 on the list in the annual report.   

07.17.24
New Hires to Join ORBA’s Tax, Accounting Services and Cloud CFO Services Groups
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Bimini Chastain has joined the Cloud CFO Services Group, Minna Li has joined the firm’s Accounting Services Group and Rich Smith has joined the firm’s Tax Group.

06.04.24
ORBA Adds Salt Lake City Office to its Accounting, Tax and Advisory Practice: Experienced Local CPA, Darin Fullmer, to Manage
SALT LAKE CITY — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest full-service accounting, tax and advisory firms, proudly announces the opening of its first office outside the Midwest in Salt Lake City, Utah.