Overview
Jeff Green is a member of ORBA’s Tax Group. He is proficient in providing tax planning and compliance services to clients for various family groups. This includes the preparation of business, individual, trust and foundation tax returns.
Overview
Jeff Green is a member of ORBA’s Tax Group. He is proficient in providing tax planning and compliance services to clients for various family groups. This includes the preparation of business, individual, trust and foundation tax returns.
Proactive
Jeff is resourceful and is skilled at efficiently utilizing his available resources to provide his clients accurate advice and information regarding their estates and trust planning. He considers all possible solutions and outcomes and prides himself on being responsive to his clients’ needs.
Outside of the Office
Outside the office, Jeff likes to be active as much as possible. He is very family-oriented and spends a majority of his free time with his two daughters and their various extracurricular activities. He also volunteers his time at his daughter’s school as the PTO treasurer.
Certifications & Licenses
- Certified Public Accountant
Memberships & Affiliations
- American Institute of Certified Public Accountants (AICPA)
- Illinois CPA Society
Education
- B.S., Accounting, University of Illinois at Urbana-Champaign
- M.S., Accounting, University of Illinois at Urbana-Champaign
- M.S., Taxation, DePaul University
Blogs
Trust Protectors Can Help Back Up an Estate Plan
No irrevocable trust is failsafe. Although these instruments typically allow for a hassle-free and tax-advantaged transfer of wealth, there is risk associated with the fact that irrevocable trust founders must give up control of the assets they place in their trusts while they are alive, and they certainly cannot control what happens after they die. […]
Risky Business: Borrowing Against a Life Insurance Policy
Nearly everyone finds themselves short on cash to pay expenses from time to time, whether it is a mortgage payment, college tuition, medical bills or unexpected home or car repairs. If you own permanent life insurance — such as whole or universal life — one option for covering these expenses is to borrow against your […]
401(K) Plan Early Access: How to Avoid Penalties
If you have money in a traditional employer-sponsored retirement plan, such as a 401(k) or 403(b), you are probably aware that withdrawals before age 59½ generally are not advised. Early withdrawals are allowed under certain circumstances, but in most cases they are subject to a 10% penalty — on top of ordinary income taxes. However, […]
Is Your Revocable Trust Fully Funded?
If your estate plan documents make use of a revocable trust, also known as a “living trust,” you need to ensure that the trust is fully “funded.” When properly structured, revocable trusts can provide significant benefits, including the ability to avoid probate of the assets they hold and facilitate management of your assets in the […]
An Estate Plan Benefits You and Your Family
Quick question: Who needs an estate plan? The answer is everyone, not just the affluent. While gift and estate tax liability is not an issue for most folks, most families can benefit from a comprehensive plan that divides their wealth, protects their well-being and provides a compass for the future. Asset distribution Estate planning is […]
Substantiating Charitable Gifts: Do You Know the Rules?
Recently, the IRS issued final substantiation regulations for charitable contributions. To avoid costly mistakes, it is important to familiarize yourself with these rules.
Intrafamily Loans Offer Family Value
When children or other family members need financial assistance, it may be tempting to simply hand them a check. But lending, rather than giving, money to your loved ones offers several advantages.
Newsletters
Wealth Management Group Newsletter – Spring 2022
ORBA’s Wealth Management Group Newsletter explains how inflation can slow the growth of certain assets and erode the purchasing power of investments. The newsletter also illustrates what retirement savers should do if they have maxed out their 401(k) contributions.
Wealth Management Group Newsletter – Summer 2019
Our Wealth Management Group’s Summer 2019 Newsletter shares details on when it may be advisable to file a gift tax return for a non-gift, as well as some tax tips to aid in your tax preparation.
News
ORBA Welcomes New Hires to Cloud, Audit, Tax and Quality Control Departments
CHICAGO — Ostrow Reisin Berk & Abrams, Ltd. (ORBA), one of Chicago’s largest public accounting firms, is pleased to welcome Shelby Ciraulo, Claudia Zerdin and Nicholas Zielinski to its Audit Department, Maureen Callahan and Jeffrey Green to its Tax Department, James Ngo to its Quality Control Department, and Jessica Zaniolo to its Cloud Services Department
