Financial Resources & News
The Impact of Sales Acceptance Policies
The Impact of Sales Acceptance Policies Every dollar seems incredibly valuable to every business, but not every dollar has equal value. The easiest sale to make is one that typically fits into one of these three situations: This could be intentional by applying a...
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...
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...
The #1 Issue Keeping The CFO Up At Night (Which May Surprise You)
If your CFO appears to have a lot weighing on his or her mind, there’s a good chance that it’s a concern rooted in dysfunctional culture and disjointed team communications, not necessarily the business’ financial health first and foremost. That’s one of the key...
C Corporation Returns (Form 1120) Due On April 18th
Filing a Form 1120 C Corporation income tax return? Make sure that you’re aware of an important change in the due date so your return is completed on time. This year, Form 1120 for calendar-year corporations will be due on April 18, 2017. Weren’t these returns...
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...
Partnership Form 1065, K-1 Filings Move Up 30 Days
As we prepare for the 2017 tax season, Bronswick Benjamin would like to make sure you’re aware of important changes in due dates, including one that is moving up on the calendar to impact the vast majority of partnerships. Form 1065 (Return of Partnership...