Dear Clients & Friends, Important news for our Illinois business owners: Gov. J.B. Pritzker recently signed into law State Bill 2531, joining more than a dozen states with an effective workaround to the federal $10,000 state and local tax deduction (SALT) cap. The bill is intended to provide tax relief for small business owners, who are […]
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Best wishes to Julian Levy, CPA, who recently retired from CJBS after serving as a principal. Six years ago, Julian merged his practice of over 40 years, Acciari, Levy & Rabyne, LLC, with our firm. He immediately bridged the connection between his longtime clients and CJBS with his friendly demeanor and extensive accounting knowledge. Throughout […]
Dear Clients & Friends, Millions of parents received their second Child Tax Credit (CTC) checks on Friday, August 13. However, we understand that many are still waiting for their first and second payments or wonder if they should opt out of the credit altogether. We also understand the frustration from many of you who haven’t […]
In recognizing the immense efforts nonprofits and charitable organizations have on impacting their communities, we’d like to introduce the launch of the CJBS Community Pledge, our commitment to giving something back to the communities that sustain us. At CJBS, we are proud to serve our communities every day by providing the best possible service to our clients.
The IRS and our home state of Illinois have announced postponing the deadline for all individual tax returns from April 15 to May 17 this year in realizing the hardship that many taxpayers are still experiencing as a result of the Covid-19 pandemic.
The President yesterday signed the American Rescue Plan Act into law, so the much anticipated $1.9 Trillion Covid-19 stimulus package is official.