Kelly H. Buchheit, CPA
kbuchheit@orba.com
P 312.670.7444 | F 312.670.8301
Services
Industries
Kelly entered into public accounting in 2008 and has been with ORBA since 2011. As a member of ORBA’s assurance group, Kelly performs audits, reviews and compilations for clients in various industries. While she prides herself on a well-rounded practice, Kelly works primarily with health care, manufacturing and nonprofit clients. In addition to Kelly’s assurance experience, she also has extensive experience with preparing tax returns for individuals, corporations, partnerships and nonprofit organizations.
Services
Industries
Kelly entered into public accounting in 2008 and has been with ORBA since 2011. As a member of ORBA’s assurance group, Kelly performs audits, reviews and compilations for clients in various industries. While she prides herself on a well-rounded practice, Kelly works primarily with health care, manufacturing and nonprofit clients. In addition to Kelly’s assurance experience, she also has extensive experience with preparing tax returns for individuals, corporations, partnerships and nonprofit organizations.
The most significant driver of success in public accounting is client relations and Kelly prides herself on dedication to her clients. She is readily available for any questions as they arise and will make personal sacrifice to ensure the satisfaction of her clients. To supplement her professional knowledge, she attends numerous continuing education classes each year covering a multitude of topics and enjoys reading professional publications to stay in the forefront of ongoing developments in the accounting industry.
Outside of the office, Kelly loves to get outside and enjoy everything the great city of Chicago has to offer. With her husband, Jay, at her side, Kelly enjoys walks along the lakefront path, exploring new restaurants and wineries, and attending concerts and sporting events. Most importantly, she is a super fan of the legendary Detroit Red Wings.
- Form 990: Who, What, Where, When and Why, Chicago Yacht Club, Chicago, IL, August 26, 2015
- Certified Public Accountant
- American Institute of Certified Public Accountants
- Illinois CPA Society
- B.B.A., Business Administration, Accounting and Finance, Loyola University Chicago
What You Need to Know About the SECURE Act
In late 2019, the first significant legislation related to retirement savings since 2006 became law. Whether you offer your employees a 403(b), a 401(k), a 457(b) or no retirement plan, the Setting Every Community Up for Retirement Enhancement (SECURE) Act includes provisions that could affect you and your employees. Related Read: SECURE Act: New Tax Incentives […]
Relief for Health Care Businesses Under the CARES Act
No one is immune from the financial impact of COVID-19, and those in the health care industry have felt its effects more than most. As the pandemic continues, Congress has passed several bills offering financial relief to individuals and businesses, including health care providers. One of the most significant pieces of legislation is the Coronavirus […]
Do you know whether your practice’s revenue cycle management system is functioning at its peak potential? If not, your practice might be headed for trouble. To keep your practice financially healthy, you may want to assess the system’s strengths and weaknesses to make sure it is operating in a way that will maximize revenue and minimize waste.
Effective Governance — How Important is It Really?
Board Operations The value of an involved board of directors (governance) cannot be emphasized enough. Any well-run organization, whether for-profit or not-for-profit, has a layer of controls beyond management to ensure that there are appropriate checks and balances over management’s responsibilities. This also means that governance should be completely independent from management. In other words, […]
Five Ways to Improve Practice Efficiency
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Should You Accept That New Grant?
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All Eyes on Performance: How to Make Data Analytics Work for You
Your not-for-profit organization is accountable to many constituents, including donors, volunteers and the people you serve. A surefire way to demonstrate your effectiveness is through the use of data analytics. With facts at your fingertips, your organization can show the world how you are meeting your goals in community outreach, program activities, fundraising and more. […]
Your Employee Handbook: It May Be Time for a Tune-up
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Look Before Determining Executive Compensation
When a not-for-profit sets the salary for an executive director or other key individual within the organization, the board of directors wants to make sure it is paying what is necessary to attract or retain the most qualified, capable individual for the position. This blog explains the steps that charitable organizations should take to be sure that compensation is “reasonable” in accordance with IRS standards.
Board Meetings: Time to Go Virtual?
Regularly scheduled board meetings are a necessity, but not every meeting has to be conducted in person. Virtual board meetings — ranging from conference calls to videoconferencing — can offer significant benefits for both organizations and their board members. This article describes both the advantages and disadvantages virtual meetings pose to busy board members.
Health Care Group Newsletter – Winter 2020
Our Health Care Group’s Winter 2019 Newsletter offers advice on removing inefficiencies and operating in a consumer-driven culture.
Health Care Group Newsletter – Winter 2019
Our Health Care Group’s Winter Newsletter offers insight on improving the efficiency of your practice, including tips on how to create a fair wage structure.
Not-For-Profit Group Newsletter – Summer 2018
Will the Tax Cuts and Jobs Act Make Your UBIT Jump? Laurence Sophian, CPA, MBA As the new tax bill worked its way through Congress last fall, not-for-profits across the country raised their voices high to share concerns about its disincentives for charitable donations — as well as the proposed repeal of the Johnson Amendment. […]
Not-For-Profit Group Newsletter – Spring 2017
ORBA’s Not-For-Profit Group Newsletter is a quarterly publication focused on effective not-for-profit organization management. The Spring 2017 issue includes two articles: “Using Audit Techniques Can Help You Shape Your Future” and “Newsbits: Spring 2017.’”
Not-For-Profit Group Newsletter — Summer 2016
ORBA’s Not-For-Profit Group Newsletter is a quarterly publication focused on effective not-for-profit organization management. The Summer 2016 issue includes two articles: “When Investment Income Counts as UBI” and “Newsbits: Summer 2016.’”