Fighting IRS Identity Theft with Help from BRP

By: Karen Leavitt, CPA, CDFA Bronswick Reicin Pollack, Ltd. “Lately I’ve been hearing more about people encountering fraudulent activity related to their tax returns. What kind of things should I look out for on this now and in the future?” It’s not your imagination. While we’ve shared on this topic in past updates, the number[…]

The IRS Makes Mistakes Too — and BRP Is Ready for Them

By: Karen Leavitt, CPA, CDFA Bronswick Reicin Pollack, Ltd. “My refund check arrived but it’s smaller than what I thought it would be on my 1040. I’m concerned there may be a discrepancy. Is there anything I can do to find out for certain? Or am I basically at the mercy of the IRS?” Just[…]

We’re Staying Current with Flow-Through Taxation and GAAP Reporting

Being constantly on top of any and all significant changes within our profession is vital for both our firm and our client’s innovation. One of the ways we’re doing just that at BRP is by serving on important committees. Once again, Managing Partner, Jeff Bronswick, and Tax Manager, Mike Scialo, were re-appointed to serve on[…]

The R&D Tax Credit: A Potential Bonus for Innovating

Over the last year, you may have made a substantial investment in research and development to take your business to the next level. You engineered a new product. You created more advanced version of an existing product. You tested several new procedures. You built and customized new software to better support your production processes. Did[…]

Bronswick Reicin Pollack Congratulates Jonathan Benowitz on Earning CPA

Over the past year, Jonathan Benowitz has contributed to Bronswick Reicin Pollack in a multitude of ways as an International Tax Associate, from preparing filings for clients with international assets to advising small and large exporters on tax saving opportunities. Now, all of us at BRP would like to congratulate Jonathan on his latest career[…]

Jack P. Knopoff, Partner, Bronswick Reicin Pollack, Ltd. Announces Retirement

After more than 30 years of service Jack Knopoff announced his retirement in December 2015. Jack began his career with the Chicago area accounting firm, Miller, Mandell & Co., which merged with the national firm, Laventhol, Krekstein, Horwath and Horwath. He left Laventhol to join Reicin Pollack in 1974 and became a Partner in 1978.[…]

IRS Scams on the Rise – Don’t be fooled – It is NOT the IRS calling.

In recent weeks, there has been an increase in IRS Imposter Scams. Fraud artists are calling people throughout the country posing as IRS agents. Currently, these calls are threatening lawsuits, and court appearances. Many of these fraud artists are using phone numbers that look like they are coming from Washington DC or other area codes[…]

BRP Promotes Three Staff to Senior Accountant

Bronswick Reicin Pollack, Ltd. (BRP), is proud to announce the promotion of three staff members. Morgan Logue, John Allegretti, and Valerie Lynch were promoted to Senior Accountants. Morgan Logue joined BRP in 2013. She works primarily on audit and tax engagements with clients in a variety of industries including, employee benefit plans, not for profits,[…]

BRP Promotes Caleb Lendy to Supervisor

BRP Promotes Caleb Lendy to Supervisor

Bronswick Reicin Pollack Ltd. promotes Caleb Lendy to Supervisor Veteran CPA appointed to Supervisor as firm grows throughout the Chicagoland area. Local CPA Firm Bronswick Reicin Pollack, Ltd. (BRP), with offices in Buffalo Grove and Chicago, is proud to announce the appointment of Caleb Lendy to the role of Supervisor. In his new role, Caleb will[…]

IRS Cracks Down on Foreign Accounts & Assets

By: Jonathan Benowitz Bronswick Reicin Pollack, Ltd. While the IRS at large is shrinking, the enforcement arm at the IRS has been pursuing holders of unreported foreign bank accounts more aggressively than ever. Thanks to the Foreign Account Tax Compliance Act (“FATCA”) the US is threatening banks (and their governments) all over the world to[…]