There are many factors that contribute to a successful business. Planning, Strategy, Leadership and Execution all come to mind. These are the cornerstones of a productive organization and most great companies that I have come across do most of these things well. And when I speak with many business leaders, these are the items that…
DetailsAuthor: Jeff Bronswick, Managing Partner Let’s face it, in a service oriented business, the word partnership is tossed around far more often than it should be. However, this doesn’t mean that the idea of a business partnership should be minimized. In reality, the idea of a solid business partnership is valuable for all parties because…
DetailsAuthor: Jeffrey Bronswick One of the best pieces of business advice I ever received was when a mentor of mine told me the following… “The two most important relationships in an entrepreneur’s life is their lawyer and their accountant.” At first glance this may seem like the punch line to some sort of joke, but…
DetailsFederal Tax Day – Current, W.1, Obama Administration Postpones Large Employer Health Care Mandate Until 2015, (Jul. 3, 2013) Posted in News, Source Wolters Kluwer The Obama Administration has announced that it is postponing for a full year, until 2015, the Patient Protection and Affordable Care Act’s (PPACA) (P.L. 111-148) mandatory employer and insurer…
DetailsMay 15, 2013 BRP Guest Blog Intro by Jeff Bronswick, Managing Partner of Bronswick Reicin Pollack: Friends – I recently refinanced my home mortgage and thought it would be beneficial for all to hear the math behind refinancing. No matter if your goal is to save in the short-term or long-term, there are mortgage options…
DetailsCongratulations to Jeff Bronswick, managing partner of Bronswick Reicin Pollack, on being re-appointed to serve on the Illinois CPA Society Taxation Flow-through Entities Committee. It is an important time to be a part of the changes and innovations occurring within the Society and the profession, and Jeff’s participation further solidifies his dedication to helping businesses…
DetailsSetting Goals and Budgeting to Meet Them – By Jeffrey D. Bronswick, CPA, MBA Do you have your 2013 goals and budgets set yet? Many companies do but others have found that the day to day activities of running and working in their businesses have gotten in their way. It’s not too late. So whether you…
DetailsDo’s Do – Get a W-9 from each independent contractor/service provider when you start a working relationship with them. It saves time and effort down the road, and you won’t have to track them down last minute. Do – Report payments made to individuals, partnerships, and estates. Do – Send 1099s to all contractors/service providers…
DetailsDear Clients and Friends: After weeks, indeed months of proposals and counter-proposals, seemingly endless negotiations and down-to-the-wire drama, Congress has passed legislation to avert the tax side of the so-called “fiscal cliff.” The American Taxpayer Relief Act permanently extends the Bush-era tax cuts for lower and moderate income taxpayers, permanently “patches” the alternative minimum tax…
DetailsTaxes are complicated. Choosing a tax professional to help you shouldn’t be. This time of year there are many different types of preparers offering tax return assistance. However, no one matches the value that a licensed Certified Public Accountant (CPA) can deliver. It’s important to know that all tax preparers are not equally qualified. Licensed…
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