Forward Thinking
Search
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.
02.12.25
ORBA Welcomes Bee Yang as Tax Group Director
ORBA, one of Chicago’s largest public accounting firms, is pleased to announce a new Director, Bee Yang, CPA, MST, as a member of the firm’s Tax Group.
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.
