As part of a series of new measures to relieve pressure on small businesses, the State of Illinois announced that it is allowing the deferral of sales tax payments by waiving all penalties and interest for two months. The provision is expected to benefit 24,000 small and medium sized bars and restaurants, accounting for nearly […]
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As we continue to monitor and adjust to developments related to the Coronavirus pandemic, the environment has proven our technology investment in recent years is paying dividends. In that we are unable to currently meet with you personally, we can utilize technology to help us all get through this together.
Yesterday IRS and the Department of Treasury announced that taxpayers will be allowed to defer payments related to 2019 tax returns until July 15th, thereby providing 90 extra days to pay additional tax. The amount of tax that can be deferred is capped at $1 million for individuals and $10 million for corporations. The payment extension […]
CJBS, LLC is pleased to announce the promotion of Ryan Guedel, CPA as a Member of the Firm effective January 1, 2020. A graduate of North Central College, Ryan holds both a bachelor’s and a master’s degree. He is affiliated with the American Institute of Certified Public Accountants (AICPA), the Illinois CPA Society (ICPAS) and […]
As part of a larger government spending package, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) was recently signed into law. The Act includes many provisions and reforms aimed at making saving for retirement easier and more accessible. The Secure Act changes several provisions related to tax-advantaged retirement accounts. Most provisions in […]
CJBS is pleased to announce the promotion of Darren Jossel. Previously a supervisor, Jossel steps into the new role of tax manager. In this capacity, he is responsible for the management of client relationships, workflow, and staff. He also performs technical reviews of engagements. Jossel has been with CJBS since 2018. “It is my pleasure […]