07.13.20
PPP Application Deadline Extended — $129 Billion Available
In June, the Paycheck Protection Program (PPP) Flexibility Act was signed into law, making it easier for many businesses to benefit from forgivable PPP loans. This was good news for restaurants, many of which had declined to apply for loans because of the Program’s strict requirements regarding rehiring of staff, use of the funds and […]

07.08.20
Paycheck Protection Program Gets a Refresh
The Paycheck Protection Program (PPP) has received a partial makeover. The PPP Flexibility Act (“Flexibility Act”), signed into law on June 5 together with new Small Business Administration (SBA) guidance, eases some of the restrictions that made it difficult for many businesses — restaurants in particular — to take full advantage of the program. Among […]

06.01.20
CARES Act Creates Tax Refund Opportunity for Many Restaurants
The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the Paycheck Protection Program, authorized stimulus checks for many Americans, and provided other economic relief for individuals and businesses. One provision that should not be overlooked corrects a technical glitch that has deprived many restaurants and other businesses of accelerated depreciation deductions for certain building […]

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. 

09.26.13
Making the Affordable Care Act Affordable for Your Company
Robert Swenson and Anita Wescott will be presenting at a President's Resource Organization seminar on September 26, from 8:00-10:30 a.m. entitled, "Making the Affordable Care Act Affordable for Your Company," which will be held at the Mission Hills Country Club.

04.13.20
ORBA Named to Accounting Today’s 2020 “Beyond the Top 100: Firms to Watch”
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, has been named as one of Accounting Today’s “Beyond the Top 100: Firms to Watch” for 2020.  

04.17.19
ORBA Announces Cloud CFO and Accounting Service Hires
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to welcome Carissa Coppola as an Associate in the Accounting Services Department, and Emily Cohen, Jason Dion and Joshua Trezek as Associates in the Cloud CFO Services Department

04.08.19
ORBA Appoints Chief Financial Officer
CHICAGO — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to announce the appointment of Cara Sample, CPA, as Chief Financial Officer.

09.02.20
Providing Employees With Tax-Free COVID-19 Assistance: What Employers Need to Know
Are your employees struggling with unexpected medical, work-from-home, childcare or other expenses as a result of the COVID-19 pandemic? If so, a little-known tax law allows you to make tax-free payments to employees to help them cover these expenses.

09.01.20
Pitfalls of Executive Payroll Tax Deferral
The IRS issued guidance (Notice 2020-65) implementing President Trump’s executive action to defer the employee portion of the Social Security payroll tax. The guidance is brief, leaving employers with questions about whether, and how, to implement the deferral.

08.12.20
What Does the Executive Action Deferring Payroll Taxes Mean for Employers and Employees?
On August 8, 2020, President Trump signed an executive memorandum that defers an employee’s portion of Social Security and Medicare taxes from September 1 through December 31, 2020. At this point, the taxes are just deferred, meaning they will still have to be paid at a later date.

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.

01.02.19
Various Media – Crain’s Business Ranks ORBA Among Chicago’s Largest Accounting Firms
ORBA was recently mentioned in the media for being ranked 18th out of the 25 largest accounting firms in Chicago, listed by Crain’s Chicago Business. Reporting media include MarketWatch, Pittsburgh Business Times, the Daily Herald, Daily Penny Alerts and Chicago City Room. View the official press release.

06.08.20
Message from Managing Director Mark Thomson
Over the past two weeks, I have watched the many peaceful protests across the City of Chicago, our local communities and across the nation. People of all backgrounds are speaking out against the continuing injustice against people of color, specifically Black people.

04.17.19
ORBA Announces Cloud CFO and Accounting Service Hires
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to welcome Carissa Coppola as an Associate in the Accounting Services Department, and Emily Cohen, Jason Dion and Joshua Trezek as Associates in the Cloud CFO Services Department

04.08.19
ORBA Appoints Chief Financial Officer
CHICAGO — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to announce the appointment of Cara Sample, CPA, as Chief Financial Officer.