03.18.20
Work Opportunity Tax Credit Extended Through 2020
2020 may be a good year for hiring, since the Further Consolidated Appropriations Act extended the Work Opportunity Tax Credit (WOTC) through 2020. This federal income tax credit is available to businesses that hire members of certain “targeted” groups. Let’s examine how the credit can benefit your business. Reviewing the basics The WOTC encourages businesses […]

02.27.20
Independent Contractor vs. Employee: Understanding Worker Designation
Beware: Worker classification is an IRS hot button Treating a worker as an independent contractor (IC) rather than an employee can provide a business with important advantages. Whether a worker is classified as an IC or an employee depends on several factors targeting the level of control you exert over the worker. Per the IRS, […]

04.05.19
Family and Medical Leave: Will Your Program Qualify for a Federal Tax Break?
The Tax Cuts and Jobs Act introduces a tax credit for certain employers that provide family and medical leave programs. There are rules and requirements that must be satisfied to take advantage.

02.20.19
Manufacturing and Distribution Group Newsletter – Winter 2019
Our Manufacturing & Distribution Group's Winter 2019 Newsletter offers five tips for boosting your profits, as well as insight on how tax reform may benefit your company.

11.13.18
Manufacturing and Distribution Group Newsletter – Fall 2018
Our Manufacturing & Distribution Group's Fall 2018 Newsletter explains the new limitations on business interest expense deductions, as well as the benefits of consulting employees for solutions regarding potential operating problems within your company.

08.21.18
Manufacturing and Distribution Group Newsletter – Summer 2018
Vendor Fraud: Know the Warning Signs Brandon Vahl, CPA, CFE When fraud strikes, the culprit might be sitting in your purchasing department. This department is particularly vulnerable to fraud because of the volume of transactions it processes and the varying pricing and billing policies that vendors use. Phony vendors A common type of purchasing scheme […]

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, […]

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.

04.04.19
ORBA Ranked Among 2019 ‘Top Firms to Watch’ by Accounting Today
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is named as one of the “Beyond the Top 100: Firms to Watch” for 2019 by Accounting Today. ORBA is also ranked among the top 20 firms in the Great Lakes Area.

03.30.20
Paycheck Protection Program
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) is now law and the most impactful piece of this historic legislation is the Paycheck Protection Program. This provides nearly $350 billion in forgivable loans to qualified small businesses. 

03.24.20
Small Business Administration Disaster Loans
Illinois has been declared a disaster state due to the COVID-19 pandemic. Illinois small and mid-sized businesses are now qualified to apply for SBA Economic Injury Disaster Loans up to $2 million directly through the Small Business Administration.

03.23.20
What You Need to Know About the Families First Coronavirus Response Act
On March 18, 2020 the Families First Coronavirus Response Act was signed into law. Among other things, the new law temporarily requires certain employers to provide expanded paid sick and family leave for employees affected by the coronavirus (COVID-19) pandemic. Employers’ increased costs can be offset by new tax credits.

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. Click here to 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. Click here to view the official press release.

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.

04.04.19
ORBA Ranked Among 2019 ‘Top Firms to Watch’ by Accounting Today
Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is named as one of the “Beyond the Top 100: Firms to Watch” for 2019 by Accounting Today. ORBA is also ranked among the top 20 firms in the Great Lakes Area.