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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 […]
May 15, 2023
4 MIN READ
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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 […]
April 6, 2023
2 MIN READ
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When professional athletes travel for “away” games, they not only lose the home-field advantage, they also encounter several complicated tax issues. Visiting athletes are typically required to pay income taxes, the so-called “jock tax,” in any state or locality where they play. That means top-earning athletes could owe many thousands of dollars for a single day’s work […]
July 14, 2021
3 MIN READ
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by Larry Goldsmith, JD, CPA, MAFF, and Julieann Chaet, CPA So, there I am stuck in traffic attempting to get home from my day at the office, and I cannot find anything on the radio that I want to listen to. One commercial after another, or one not necessarily bad song, just not what I care […]
January 17, 2014
3 MIN READ