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06.05.25
The House Passes The One, Big, Beautiful Bill Act: An Overview of its Tax Provisions
The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed, “The One, Big, Beautiful Bill Act” (OBBBA). The bill includes extensions of many provisions of the Tax Cuts and Jobs Act (TCJA) as well as new and enhanced tax breaks. Here is an overview of the major tax proposals included in the House OBBBA.
06.03.25
Cory Nielson, CPA, Joins ORBA Salt Lake City Office as an Audit and Assurance Group Director
SALT LAKE CITY — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of the country’s largest full-service accounting, tax and advisory firms, recently announced the addition of Cory Nielson as an Audit and Assurance Group Director in its Salt Lake City office.
03.06.25
ORBA Welcomes New Hires to Tax, Audit and Cloud CFO Services Groups
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that several experienced individuals have joined the firm’s Audit, Tax and Cloud CFO Services Groups.
05.13.25
IRS Clarifies Theft and Fraud Loss Deductions
The Tax Cuts and Jobs Act (TCJA) significantly limited the types of theft losses that are deductible on federal income taxes. However, a recent “advice memo” (CCA 202511015) from the IRS’s Office of Chief Counsel suggests more victims of fraudulent scams may be able to claim a theft loss deduction than previously understood.
05.09.25
ORBA Recognized with Workplace Culture Excellence Award at BDO Alliance USA EVOLVE 2025 Conference
CHICAGO – ORBA, one of Chicago’s premier public accounting firms, is proud to announce that it has been awarded the Workplace Culture Excellence Award for 2025, presented by the BDO Alliance USA. The BDO Alliance Workplace Culture Award is an honor that celebrates firms that cultivate exceptional employee engagement, provide meaningful growth opportunities and prioritize well-being across the board.
03.21.25
Disaster Victims of the 2025 California Wildfires may Qualify for Tax Relief
The 2025 California wildfires, declared as a major disaster on January 7, 2025, do not fall within FDTRA's definition of a "qualified disaster." However, other potential opportunities are available for those affected by this disaster.
03.11.25
ORBA Named to Accounting Today’s 2025 “Beyond the Top 100: Firms to Watch”; Firm also Recognized as a Great Lakes Region Leader
CHICAGO – ORBA, one of Chicago’s premier public accounting firms, has been recognized once again by Accounting Today in their “Beyond the Top 100: Firms to Watch”, securing the 132nd spot. Additionally, ORBA is ranked among the top 25 firms in the Great Lakes Region, marking its 15th consecutive year on the “Top Firms: The Great Lakes” list.
08.12.24
Jennifer Preston and Kristen Wolcott Join ORBA’s Cloud CFO Services Group
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Jennifer Preston and Kristen Wolcott have joined the firm’s Cloud CFO Services Group.
04.08.24
New Hires Join ORBA’s Accounting Services and Tax Cloud CFO Services Groups
ORBA, one of Chicago’s largest public accounting firms, is pleased to welcome two new hires, Shera Minor and Peggy Davis.
11.07.24
New Hires to Join ORBA’s Accounting and Cloud CFO Services Groups
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, is pleased to announce that Shelley Alexander and Anthony Ciorciari have joined their Cloud CFO Services Group and Shawna Mitchell has joined its Accounting Services Group.
