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All (620) Blogs (108) Newsletters (40) Seminars & Events (3) Press Releases (122) Client Alerts (205) Media Mentions (21) Firm News (121)
Blogs
01.31.25
Tracking Individual Product Costs to Maximize Profits
Tracking product-specific cost information can be challenging, but the benefits can be significant. By tracking the costs and profitability of individual products, you will have an idea of where to make adjustments. Drill down Determining product-specific costs can require significant work. You will need to figure out the direct labor, material and other costs associated […]
12.27.24
Are You Maximizing the QBI Deduction?
If your manufacturing company is organized as an S corporation, limited liability company, partnership or sole proprietorship, be sure that you are taking full advantage of the qualified business income (QBI) deduction, also known as the Section 199A deduction. It is important to understand how the deduction works to determine your eligibility and identify opportunities […]
09.30.24
How Cross-Training Creates a More Productive and Flexible Workforce
Manufacturers continue to struggle to find qualified workers, so any strategies for improving employee retention are welcome. One such strategy is cross-training. Done right, it can enhance productivity, facilitate process and product improvements, improve customer service and increase profitability. Employee benefits Cross-training simply means training employees to perform tasks outside their normal responsibilities. The potential […]
Newsletters
11.27.24
Manufacturing and Distribution Group Newsletter – Fall 2024
ORBA's Manufacturing and Distribution Group's Fall Newsletter explains the basics of transfer pricing for manufacturers and advises them on how to protect themselves from increasingly sophisticated ransomware attacks.
09.04.24
Manufacturing and Distribution Group Newsletter – Summer 2024
ORBA's Manufacturing and Distribution Group's Newsletter advises on how to face the continued shortage of skilled labor and warns those retiring with a manufacturing business to plan ahead regarding their succession decisions.
06.11.24
Manufacturing and Distribution Group Newsletter – Spring 2024
ORBA's Manufacturing and Distribution Group's Newsletter advises on how to minimize risks of vendor-related fraud scams and outlines the practical uses that AI has to offer in the revolution of the manufacturing industry.
Seminars & Events
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 […]
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, […]
Press Releases
12.10.24
ORBA Welcomes Paige Kirkland as Senior Manager of Family Office Services
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Kristen “Paige” Kirkland, has joined the firm as Senior Manager and head of its Family Office Services.
12.10.24
ORBA Launches Family Office Services Group
CHICAGO — ORBA, one of Chicago’s leading public accounting firms, is excited to announce the launch of its Family Office Services Group.
12.03.24
Chicago Tribune Names ORBA a Recipient of the 2024 Top Workplaces Award
ORBA, one of Chicago’s largest public accounting firms, has been awarded a 2024 Top Workplaces honor by the Chicago Tribune.
Client Alerts
02.11.25
President Trump’s Tax Plan: What Proposals are Being Discussed in Washington?
President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including its federal tax system. Congress is already working on legislation that would extend and expand provisions of the sweeping Tax Cuts and Jobs Act (TCJA), as well as incorporate some of Trump’s tax-related campaign promises. To that end, GOP lawmakers in the U.S. House of Representatives have compiled a 50-page document that identifies potential avenues they may take, as well as how much these tax and other fiscal changes would cost or save. This Client Alert is a preview of potential changes that might be on the horizon.
01.14.25
Attention All Illinois Taxpayers: The Illinois Gives Tax Credit Act
For tax years ending on or after December 31, 2025, the program created under this Act offers a state income tax credit to individuals and businesses that submit an application through MyTax Illinois and, following approval of the application, contribute to permanent endowment funds held by Qualified Community Foundations (QCFs). Subject to the limitations referenced below, the state income tax credit is equal to 25% of the amount contributed.
01.06.25
Expiring TCJA Provisions Could Significantly Alter the Federal Income Tax Landscape for Business Entities after 2025
When the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017, it substantially altered the U.S. income tax landscape that had existed since 1986. Many of these changes, however, were temporary and will automatically be reversed for tax years beginning on or after January 1, 2026, unless Congress acts. Therefore, you should prepare for the possibility that temporary TCJA changes will be reversed and plan accordingly. This Client Alert highlights some of the temporary TCJA provisions impacting income tax for business entities that are scheduled to be reversed for tax years beginning on or after January 1, 2026.
Media Mentions
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.
Firm News
12.10.24
ORBA Welcomes Paige Kirkland as Senior Manager of Family Office Services
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Kristen “Paige” Kirkland, has joined the firm as Senior Manager and head of its Family Office Services.
12.10.24
ORBA Launches Family Office Services Group
CHICAGO — ORBA, one of Chicago’s leading public accounting firms, is excited to announce the launch of its Family Office Services Group.
12.03.24
Chicago Tribune Names ORBA a Recipient of the 2024 Top Workplaces Award
ORBA, one of Chicago’s largest public accounting firms, has been awarded a 2024 Top Workplaces honor by the Chicago Tribune.