Chicago CPA and Business Advisory Firm Enters New Era as Bronswick Benjamin P.C.

FOR IMMEDIATE RELEASE     Buffalo Grove, IL (February 1, 2017) – Bronswick Reicin Pollack, Ltd., one of the top accounting firms in the Chicago area serving privately held businesses, is proud to announce the firm is changing its name to Bronswick Benjamin P.C. The name change is intended to reflect the firm’s current leadership[…]

What Trump’s First 100 Days May Mean For Your Taxes

What will President-elect’s tax plan mean for your business and on an individual household level? BB takes a closer look at what the first 100 days of the Trump Presidency (and beyond) may imply for your plans ahead. On The Business Front: A 20% reduction of the corporate tax rate President-elect Trump has described a[…]

The Affordable Care Act Six Years Later

Success or Failure? by John Green and Steven Shill, www.bdo.com The Affordable Care Act (ACA or, colloquially, Obamacare) was passed into law on March 23, 2010. To say that the ACA has generated a considerable amount of controversy over the past six years would be an understatement. The law has precipitated constant infighting between the[…]

IRS Phone Scam

Scam Alert: That’s Not The IRS Calling. We continue to see a rise in the number and sophistication of phone scams, with the IRS issuing a new alert we’d like to pass along to our valued clients of Bronswick Reicin Pollack. It’s important for you to understand the nature of this latest scam so you[…]

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[…]

Tax Breaks for Energy Improvements!

Being energy conscious is not only good for the environment it can be good for your bottom line. Our guest writer, Greg Byrd, from Energy Efficiency & Sustainability Consulting offers some energy efficient ideas that can lead to tax savings for your business. In the ever changing tax world, it’s difficult to know how to maximize[…]

Get your Nexus on!

Your time is valuable and your business needs your personal attention. Don’t get overwhelmed with complex sales and use tax rules. Contact a BRP professional to provide the commitment and expertise to break it all down and make the right sales tax connections for your business. The following is Part 2 of 4 Part Series[…]

Experiencing Sales Tax Frustration?

Confused, frustrated, and just plain annoyed with Sales Tax changes?   The hours spent month to month trying to keep track of it all can really add up. When it comes to your unique business needs, contact a BRP professional to provide the commitment and expertise to keep your business on track. Let our professionals help manage it[…]

Business Tax Spotlight: New Tax Rules for Buying or Improving Property

By Jeff Bronswick, Managing Partner, Bronswick Reicin Pollack, Ltd., CPAs The IRS recently issued final regulations that clarify when business owners can deduct the cost of acquiring, producing or repairing tangible property. For example, the costs of resurfacing a floor to keep the property in good condition would likely be deducted immediately, whereas the addition[…]

Business Tax Savings Spotlight: Research and Development Tax Credit

By Jeff Bronswick, Managing Partner of Bronswick Reicin Pollack, Ltd., CPAs Did you know that you can claim a tax credit for expenses incurred in the development of new, improved and more reliable products, processes and formulas? This often overlooked incentive is available to new and long-established businesses and for new and expanding research and development[…]