There are several benefits to having a Health Savings Account (HSA) and with the rising cost of healthcare, it might be a good time to think about starting one, if you haven’t already. What is a health savings account and who is eligible? In brief, an HSA is a medical savings account to which you […]
Services
With events related to climate change continuing to be a major focus of the news cycle, many business owners are looking for ways to lessen their companies’ environmental impact. One move you may want to consider, quite literally, is relocating to a commercial property with a “green lease.” What is a green lease? Green leases […]
In the face of a flood of illegitimate claims for the Employee Retention Tax Credit (ERTC), the IRS has imposed an immediate moratorium through at least the end of 2023 on processing new claims. The IRS cites that the reason for the move is to protect the honest small business owners being scammed by unscrupulous […]
Running a business comes with its own inherent list of challenges and rewards. On a daily basis, you are often faced with decision-making opportunities that can affect the future of the company, including current tax liability and financial health. However, there’s one decision that impacts the future in more far-reaching ways that is often overlooked […]
M&A success goes beyond numbers. Organizations often consider successful M&A as solving a giant puzzle of financial statements, hoping to find the perfect profitability balance for both parties. While this is important, it is essential to look beyond the initial business stakes of numbers and profitability. A recent Deloitte study states the root cause of […]
Dear Clients and Friends, We hope you are enjoying the beginning of spring. As we get closer to our individual tax deadline (4/18/23), we wanted to send a reminder about Illinois Extensions Payments. Illinois does not allow third party tax software to process extension payments electronically. If you have a balance due with your extension we […]