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CJBS

Preparing to File Your 2021 Taxes? News to Know

We hope your 2022 is off to a positive start! As the year gets underway, a new tax season is upon us, and we are looking forward to helping you prepare your tax return in a timely and efficient manner.  As the global economy faces ongoing uncertainty with the lingering pandemic and its effects, the […]
January 27, 2022
5 MIN READ
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CJBS

January News To Know

IRS Issues New Rates for 2022  There have been many cost of living rate changes by the IRS to account for inflation.  The following are just a few (a more complete list to follow): For those using an automobile for business, charitable, medical or moving expenses this year, the IRS has issued the following new […]
January 6, 2022
3 MIN READ
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December News To Know

IRS Unveils New Online ID Verification Process to Help and Protect You The IRS recently launched an enhanced identity verification and sign-in process to better protect your personal information and reduce the risk of fraud. We’d like our clients to know that this new, mobile-friendly system allows you to access your current tax information. If […]
December 8, 2021
1 MIN READ
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New Illinois PTE Tax Offers SALT Cap Relief: What Business Owners Need to Know

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 […]
September 9, 2021
2 MIN READ
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Best Wishes to Julian Levy

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 […]
September 1, 2021
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August News Flash

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 […]
August 24, 2021
2 MIN READ
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