09.23.22
Tax Implications of Buying and Renting Out Units in an Owner-Occupied Multi-Unit Building
If you have ever considered buying a multi-unit building and renting out one or several units you are not alone. Potential positives to these properties include that real estate often increases in value, they may qualify for residential loans, they may be easier to manage due to being under one roof and these properties offer […]

08.17.22
Greening Your Projects Can Bring In More Green
Whether you are developing commercial or residential projects, tenants and future owners are increasingly prioritizing environmentally-friendly features. Businesses with a strong focus on corporate social responsibility are increasingly expecting a better indoor environment, lower operating costs and enhanced market value for their spaces. To avoid falling behind the competition, you need to stay on top […]

07.07.22
How To Prepare for a 2021 Lease Audit
Over the past two years, businesses have endured many unexpected changes and disruptions, and the impact on corporate real estate and the workplace has been drastic. As your organization adapts for the future and evaluates the cost of office occupancy, you should act now by conducting a 2021 lease audit in the upcoming months. This […]

09.09.22
Real Estate Group Newsletter – Summer 2022
ORBA's Real Estate Group's Newsletter covers the basics of offering free lodging to property managers and provides guidance on the Internal Revenue Code Section 163(j).

05.27.22
Real Estate Group Newsletter – Spring 2022
ORBA's Real Estate Group's Newsletter examines how developers in urban markets with an oversupply of multifamily housing and/or an undersupply of hotel rooms can benefit from an attractive revenue opportunity and covers the tax rules for short-term rentals.

02.23.22
Real Estate Group Newsletter – Winter 2022
ORBA's Real Estate Group's Newsletter provides a brief overview of the Sec. 199A deduction and covers the importance of performing routine building inspections and maintenance.

05.18.22
The Financial Reporting Framework for Small- and Medium-Sized Entities: The GAAP Alternative for the Back Bone of America
As a banking professional, you’ve undoubtedly noticed that accounting principles generally accepted in the United States of America (US GAAP) has become increasingly complex in recent years, especially for the middle market companies who comprise the back bone of the US economy. With limited resources available to devote to the accounting function, software that does […]

11.04.21
Real Estate Tax Planning in an Uncertain Tax Environment
The economic effects of the COVID-19 pandemic, coupled with proposed tax legislation, have laid an unstable foundation for professionals in the real estate industry. Join members of ORBA’s Real Estate Group for a complimentary webinar, moderated by Jeffrey Newman, as they discuss the unique tax challenges that are currently top of mind for many professionals in the industry.

11.05.20
Legal, Financial and Tax Issues Affecting Real Estate in a COVID-19 Environment
Join ORBA’s Michael Kovacs, Jeffrey Newman, Thomas Kosinski, Tamara Partridge, Thomas Vance, Justin Sylvan, and guest speakers, John Morse, partner at Patzik Frank & Samotny, Ltd., and Alan Weel, senior vice president at Wintrust Commercial Real Estate, for a complimentary webinar discussing the legal, financial and tax implications of the pandemic on the real estate industry.

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.