Financial Resources & News
Increasing Cash Flow
Increasing Cash Flow Cash flow is vital to any business. The primary reason any company has a loan or a line of credit is because they did not have the cash. Some capital to buy large equipment, a facility, etc. is needed rather than tying up working capital. The...
2019 Illinois Tax Amnesty Program
2019 Illinois Tax Amnesty Program For a limited time, the Illinois Department of Revenue is offering amnesty to taxpayers who have outstanding tax liabilities relating to tax periods ending after June 30, 2011 and before July 1, 2018. Penalties and interest will be...
Transition Planning – Option 2 Family Succession
Transition Planning – Option 2 Family Succession Owners need to understand that conducting a family succession requires a very different path than an owner who is looking to sell to an outside party. Most family successions involve some form of gifting in order to...
Transition Planning – Option 1 Selling Your Business
Transition Planning – Option 1 Selling Your Business When it comes to selling your business, there are more issues to address than most people think. Here are a few key items that impact an exit strategy: Understanding the value. Value is unique to each company,...
Defer Capital Gains from Property Sale
If you’re considering selling property and want to defer or even eliminate the capital gains that may arise from the sale of the property, a 1031 exchange may be an appropriate solution. You don’t necessarily have to find a replacement property, either; in addition to...
Tackling Taxes: The Evolving Taxation of the Marijuana Industry
The “legal” marijuana industry is one of the fastest growing in the United States. Total “legalized” sales of marijuana were $5.4 billion in 2015 and were expected to grow by 24% in 2016 to $6.7 billion. This number is expected to increase by approximately 34% each...
Bronswick Benjamin Adds Susan Bruce
Buffalo Grove, Illinois, September 22 – Bronswick Benjamin P.C is proud to welcome Susan Bruce as one of the newest additions to their team. She joins the firm as a Staff Accountant and will assist in various audit, tax, and advisory services for the firm’s clients....
Introducing Gabe Tsui, Tax Principal
Buffalo Grove, Illinois, September 22 – Bronswick Benjamin P.C.is proud to welcome Gabriel G. Tsui as one of the newest additions to their team. He joins the firm as a Tax Principal and will participate in overall growth of the firm. Gabe’s experience lies in tax...
Ed Hendry Joins Bronswick Benjamin
Buffalo Grove, Illinois, September 22 – Bronswick Benjamin P.C is proud to welcome Ed Hendry as one of the newest additions to their team. Ed will join the firm as an Audit Manager and will support the firm’s overall growth in the assurance sector. His services center...