Joseph A. Odzer, CPA, MST
Director
jodzer@orba.com
P 312.670.7444 | F 312.670.8301
Joe Odzer has been with ORBA since 1986 and was named a Director in 1997. The firm’s tax specialist on a variety of corporate and individual tax issues, Joe’s specialties include tax compliance, transaction and business structuring, as well as strategic business and management consultation for business owners and their key executives. In addition, he represents taxpayers in matters involving the Internal Revenue Service and state taxing authorities.
Joe has significant expertise in a variety of highly-specialized tax services. In addition to helping clients with these matters, he has authored articles on manufacturing tax credits, year-end tax planning topics, alternative minimum tax and tax basis issues related to pass-through entities (S Corporations and LLCs).
Joe Odzer has been with ORBA since 1986 and was named a Director in 1997. The firm’s tax specialist on a variety of corporate and individual tax issues, Joe’s specialties include tax compliance, transaction and business structuring, as well as strategic business and management consultation for business owners and their key executives. In addition, he represents taxpayers in matters involving the Internal Revenue Service and state taxing authorities.
Joe has significant expertise in a variety of highly-specialized tax services. In addition to helping clients with these matters, he has authored articles on manufacturing tax credits, year-end tax planning topics, alternative minimum tax and tax basis issues related to pass-through entities (S Corporations and LLCs).
Joe continually looks for new ways to help his clients improve their bottom lines. This approach has helped his clients achieve greater operational efficiencies, reductions in tax liability and enhanced profitability by analyzing each component of their business.
Widely respected for implementing innovative solutions, Joe’s philosophy includes finding multiple potential solutions to finite challenges. His role is then to inform clients of the pros and cons of each option and to guide them to choose the best path based on the big picture.
Joe approaches each element of his life with purpose. He has been known to be the one who turns on the lights in the morning. Even while outside the office, he leverages technology to stay networked with clients. Joe plays a significant role in coaching and mentoring staff so they can develop into becoming future leaders and directors at ORBA.
- Certified Public Accountant
- Illinois Life and Health Insurance License
- American Institute of Certified Public Accountants
- Illinois CPA Society
- Executive Club of Chicago
- Chicagoland Chamber of Commerce Former Member
- Awarded an Elijah Watt Sells Award with high distinction from the AICPA for outstanding scores achieved on the Uniform Certified Public Accounting Examination
- B.S., with honors, Accounting, University of Illinois at Chicago
- M.S., with distinction, Taxation, DePaul University
Illinois Restaurant Association’s Update on “Happy Hour” Law
The Illinois Restaurant Association issued a press release earlier this week regarding an update to part of Illinois’ Liquor Control Act, also known as the “Happy Hour” law.
Kompai! Prosit! Na Zdrowie! Cheers! No matter how you say it, there is plenty to raise your glass about. The new tax law passed by Congress and signed by the President at the end of December provided for, amongst other nuggets, a payroll tax cut. Let me give you yet another excuse to raise your glass in toast by telling you how this will benefit us as taxpayers.
Illinois Estimated Tax Payment Rules for 2020
As we previously reported, Illinois extended the filing and payment deadline for 2019 income tax returns to July 15, 2020. However, Illinois did not extend the due date for taxpayers who need to remit estimated tax payments for calendar year 2020.