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Ostrow Reisin Berk & Abrams
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IL 60611-5313
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By Michael Kovacs
The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to provide retirement plans to their employees.
By Robert Swenson
The Roth IRA is an attractive savings vehicle, offering tax-free retirement income and other significant benefits. Unfortunately, income limitations prevent many people
By Marva Flanagan
Foundation Center and GuideStar join forces The Foundation Center, which maintains the most comprehensive database on foundations and their grantmaking, is teaming up with GuideStar, an online database of about 2.7 million not-for-profits.
By Kevin Omahen
Providing the best care for your patients is the most important obligation on which every health care provider is focused. However, for-profit medical practices should also look for ways...
By Amanda Gutierrez
Ransomware is a particularly malicious type of illegal software. Hackers use it to essentially kidnap a computer system and then demand that the system's owner pay a ransom,
By Brandon Vahl
Fraud is not the only reason behind financial restatements. Sometimes they are caused by unintentional errors or omissions, especially as companies record complex transactions or implement new
By Robert Swenson
Congress has passed and President Trump is expected to sign into law a broad package of reforms aimed at the IRS. The Taxpayer First Act contains several new protections for taxpayers
By Jeffrey Newman
The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule
By Christofer Georgiou
Last year, the Harris Poll conducted a survey about investing for the American Institute of Certified Public Accountants (AICPA)-with sobering results.
By Adam Pechin
A term life insurance policy can be a powerful, cost-effective tool for helping your family meet its financial obligations in the event something happens to you or your spouse. But what happens
By Adam Levine, CPA, Kenny Lau
The IRS Large Business and International (LB&I) Division is currently pursuing a "compliance campaign" against large land developers of residential communities for improper use
By Seamus Donoghue
The IRS has updated the inflation-adjusted "luxury automobile" limits on certain deductions taxpayers can take for passenger automobiles
By Thomas Vance LLM, JD
Cryptocurrencies, like Bitcoin, are not going to replace traditional currencies any time soon, but a growing number of law firms have begun to accept these currencies as payment from clients.
By Joy Long
A newly released joint report from the Center on Ethics and the Legal Profession at Georgetown University Law School and Thomson Reuters Legal Executive Institute (LEI) could cause some soul searching among law firms.
By Harry Fox
Will the recent federal tax overhaul hurt charitable giving? Two U.S. senators want an answer in hard facts.
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