Did you catch our post on prepping for year-end? We know you are busy, so if you happened to miss it, No. 10 on the list was familiarizing yourself with the new tax law changes.

On December 21, 2020, Congress passed the Consolidated Appropriations Act 2021 (the "Act"), a massive tax, funding and spending bill that contains a nearly $900 billion coronavirus aid package.

Landing a corporate sponsorship is an accomplishment, especially in today's economy. If you do get lucky, you will want to prevent unrelated business income tax (UBIT) from cutting into your new...

Employers often overlook a federal tax break available to organizations that hire new employees from certain groups who have traditionally faced obstacles to hiring.

As technology continues to advance at a dizzying pace, manufacturers are facing a growing skills gap. The increasing role of automation, robotics, machine learning...

Recruiting and retaining committed board members is a never-ending process. For many not-for-profits, determining an appropriate-sized board takes time. Although state law typically sets the minimum number...

The Setting Every Community Up for Retirement Enhancement Act of 2019 contained the most significant legislative changes to the private-sector retirement system in decades.

Among the most essential characteristics of a financially healthy medical practice is claim acceptance and timely payment.

Millennials — generally defined as people born between 1981 and 1996 — make up the largest segment of today's workforce, which includes the legal industry.

Annually, not-for-profits across the country are impacted by fraud and experience at times significant losses. Such losses could be devastating for many organizations. However, with strong internal controls...

Work-in-process (WIP) inventory is an important entry on a manufacturer's balance sheet. Monitoring WIP is critical not only to ensure that your financial statements...

It is only relatively recently that the arrangement has gained traction with smaller public and privately owned companies.

Confused by all the new overtime rules talk? We have had a number of clients ask questions about this, because let's face it, it's not as straightforward as it may seem!

If you are asked to help a friend or family member by serving as an executor of an estate, do you understand what the role requires?

Financial advisors always warn inexperienced investors of the possibility of stock market volatility, yet when the going gets rough, some react irrationally and begin selling when they should not.

Never underestimate the power of a strong law firm brand. Law firms that invest in creating memorable brands enjoy many benefits, including increased awareness in the marketplace and among their peers.

Engaging in the online world of customer feedback is essential to any restaurant's marketing strategy.

Over the past few years, the City of Chicago and Cook County have enacted two new taxes that directly impact restaurants and bars.

The Tax Cuts and Jobs Act (TCJA) will likely reduce the tax benefits of your charitable contributions.

A new innovative technology, introduced recently in the last five to six years, is taking its place in manufacturing with a higher than expected acceptance. Known as Augmented Reality (AR)...