02.12.21
Manufacturing Evolving from COVID-19
As we begin to see some light at the end of the COVID-19 tunnel, many manufacturers are turning their attention to the future. While the pandemic’s effects on manufacturing will be temporary in many aspects, there is a strong possibility of long-lasting changes taking effect in the near future. In this blog, we will dive […]

01.12.21
Coronavirus Aid, Relief, and Economic Security Act: Manufacturing Impacts
On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act), a $2 trillion stimulus package intended to help mitigate the economic devastation caused by the novel coronavirus (COVID-19). The stimulus is good news for manufacturers, many of whom are struggling given the current economic circumstances […]

12.14.20
Remote Work May Be Here to Stay — Are You Ready?
The COVID-19 pandemic has forced many companies to shift gears and focus on ways to conduct business remotely. Many experts believe that the trend toward remote work will continue even after the pandemic is over. Unlike other businesses, manufacturers must continue to rely on workers on the shop floor, such as machinists, assemblers and repair […]

02.25.21
Manufacturing and Distribution Group Newsletter – Winter 2021
ORBA's Manufacturing and Distribution Group's Winter 2021 Newsletter summarizes the key provisions of the Consolidated Appropriations Act and highlights seven tips to consider to manage cash flow.

11.20.20
Manufacturing and Distribution Group Newsletter – Fall 2020
Our Manufacturing and Distribution Group's Fall 2020 Newsletter provides guidance to those who are thinking of acquiring a distressed business and reviews first-year bonus depreciation and Sec. 179 expensing.

08.31.20
Manufacturing and Distribution Group Newsletter – Summer 2020
Our Manufacturing and Distribution Group's Summer 2020 Newsletter reminds companies to consider how net operating losses interact with two tax areas: consolidated group considerations and the business interest deduction election, and reviews the benefits of having a diverse workforce.

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. 

05.07.19
The Impact of the New Tax Law on Manufacturers and Distributors
Managing and operating a manufacturing and distribution business in the wake of the Tax Cuts and Jobs Act (TCJA) can feel like an overwhelming task. However, there are provisions under the new tax law that present both opportunities and challenges to the industry. Join ORBA for this free breakfast seminar as Joel Herman, Tom Vance, […]

01.28.21
ORBA Winner of 2021 Top Workplaces USA Award Firm — Firm also Recognized on the Top Workplaces USA Financial Services List
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that it has earned the 2021 Top Workplaces USA Award. The firm was also recognized on the 2021 Top Workplaces USA Financial Services Industry list, issued by Energage. This is the inaugural year for the Top Workplaces USA Awards.

12.15.20
ORBA Named on America’s Best Tax and Accounting Firms 2021 List by Forbes
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, has been awarded on the Forbes list of America’s Best Tax and Accounting Firms 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

12.01.20
ORBA Joins the BDO Alliance USA
ORBA, one of Chicago’s largest public accounting firms, has joined the BDO Alliance USA, a nationwide association of independently-owned local and regional accounting, consulting and service firms with similar client service goals.

02.26.21
PPP Revisions Target Smallest Businesses
The Biden administration has announced several reforms to the popular Paycheck Protection Program (PPP) to bring greater relief to the smallest and most vulnerable businesses. Among other things, the administration is imposing a two-week moratorium on loans to companies with 20 or more employees and focusing on smaller businesses. It is also changing several program rules to expand eligibility for the 100% forgivable PPP loans.

01.25.21
2021 Tax Calendar
To help you make sure that you do not miss any important 2021 deadlines, we have provided this summary of when various tax-related forms, payments and other actions are due.

01.20.21
Paycheck Protection Program: Update to Loan Forgiveness Applications
On January 19, 2021, revised PPP Loan Forgiveness Applications were released. The forms address significant changes in the recent law and simplify the loan forgiveness process for borrowers with loans of $150,000 or less.

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.

01.28.21
ORBA Winner of 2021 Top Workplaces USA Award Firm — Firm also Recognized on the Top Workplaces USA Financial Services List
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that it has earned the 2021 Top Workplaces USA Award. The firm was also recognized on the 2021 Top Workplaces USA Financial Services Industry list, issued by Energage. This is the inaugural year for the Top Workplaces USA Awards.

12.15.20
ORBA Named on America’s Best Tax and Accounting Firms 2021 List by Forbes
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, has been awarded on the Forbes list of America’s Best Tax and Accounting Firms 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

12.01.20
ORBA Joins the BDO Alliance USA
ORBA, one of Chicago’s largest public accounting firms, has joined the BDO Alliance USA, a nationwide association of independently-owned local and regional accounting, consulting and service firms with similar client service goals.