08.08.22
Why Attorneys’ Financial Wellness Matters for Law Firms
In the midst of the continuing economic uncertainty, even affluent attorneys that are free of student debt have voiced concerns about their financial stability and retirement readiness. Law firms that listen and respond to their worries can gain valuable competitive advantages.  Financial Stress is Widespread Among Attorneys A 2021 American Bar Association (ABA) survey of […]

07.13.22
How Professional Services Organizations Can Protect Themselves Against Rising Cyber Risk
Cybersecurity has long been an important area for professional services companies to address, but the work environment since the COVID-19 pandemic has provided even more opportunities for cybercriminals. Amid the widespread shift to remote and hybrid workplaces, there are more vulnerabilities than ever to exploit. Companies in law, architecture, engineering, public relations and other professional […]

06.03.22
Thinking About Adding Nonequity Partners?
Pros and Cons of Adding Another Partner Level Smaller law firms that are reluctant to add more equity partners may consider creating nonequity partnerships to reward and retain high-performing associates and lure in laterals. However, this approach can come with both advantages and disadvantages so it requires significant forethought. Alluring advantages The traditional partnership model […]

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.

01.31.22
Law Firm Group Newsletter – Winter 2022
ORBA's Law Firm Group's Winter 2022 Newsletter examines how electronic payments can often improve collections and discusses why a risk-based approach may help firms reduce the odds of falling prey to complex money laundering schemes. A short sidebar highlights a “practical” approach to identifying and assessing money laundering risk for smaller firms and solo practitioners.

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.

09.09.22
Inside Public Accounting Recognizes ORBA as a 2022 Top 200 IPA Firm
ORBA, one of Chicago’s largest public accounting firms, has been recognized as a 2022 IPA 200 Firm by INSIDE Public Accounting (IPA). Debuting on the list in 2013, this is the eight year that ORBA has made the list of the country’s Top 200 Firms. ORBA is ranked #119 on the list in the annual report – up from #131 the previous year. 

08.01.22
ORBA Promotes Dan Newman and Tamara Partridge to Directors
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Dan Newman, CPA, MST and Tamara Partridge, CPA, MST have been promoted to Directors effective August 1.

04.28.22
ORBA Wins 2022 Top Workplaces Culture Excellence Award
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that it has earned the 2022 Top Workplaces Culture Excellence Awards for Compensation & Benefits, Innovation and Leadership.

08.16.22
The Inflation Reduction Act Includes Wide-Ranging Tax Provisions
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA), and President Biden has signed the bill into law. The IRA includes significant provisions related to climate change, health care and, of course, taxes. The IRA also addresses the federal budget deficit. According to the Congressional Budget Office (CBO), the IRA is projected to reduce the deficit by around $90 billion over the next 10 years.

07.22.22
Businesses: Act Now To Make the Most Out of Bonus Depreciation
The Tax Cuts and Jobs Act (TCJA) significantly boosted the potential value of bonus depreciation for taxpayers — but only for a limited duration. The amount of first-year depreciation available as a so-called bonus will begin to drop from 100% after 2022 and businesses should plan accordingly.

06.17.22
Four Tips for Working With a Resource-Constrained Internal Revenue Service
Federal tax professionals working to resolve issues with the IRS can attest to the multifaceted impacts of the agency’s resource constraints on taxpayer service. The signs are evident, for instance, in the long wait times for calls to be answered, tax return processing delays and increased instances of penalties being assessed against compliant taxpayers.

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.

09.09.22
Inside Public Accounting Recognizes ORBA as a 2022 Top 200 IPA Firm
ORBA, one of Chicago’s largest public accounting firms, has been recognized as a 2022 IPA 200 Firm by INSIDE Public Accounting (IPA). Debuting on the list in 2013, this is the eight year that ORBA has made the list of the country’s Top 200 Firms. ORBA is ranked #119 on the list in the annual report – up from #131 the previous year. 

08.01.22
ORBA Promotes Dan Newman and Tamara Partridge to Directors
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Dan Newman, CPA, MST and Tamara Partridge, CPA, MST have been promoted to Directors effective August 1.

04.28.22
ORBA Wins 2022 Top Workplaces Culture Excellence Award
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that it has earned the 2022 Top Workplaces Culture Excellence Awards for Compensation & Benefits, Innovation and Leadership.