Financial Resources & News
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...
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...
Bronswick Reicin Pollack Ltd. Promotes Caleb Lendy to Manager
Veteran CPA appointed to leadership position as firm grows throughout the Chicagoland areaBRP is proud to announce the appointment of Caleb D. Lendy to the role of Manager see bio, where he will be responsible for overseeing the work of the firm’s CPAs as well as...
Bronswick Reicin Pollack Ltd. Promotes Charles Martin, Jr. to Supervisor
Audit, valuation specialist to coordinate workflow and best practices for growing firmBronswick Reicin Pollack, Ltd. (BRP) is proud to announce its promotion of Charles Martin, Jr., to the role of Supervisor. see bioA leader of BRP’s audit teams, Charles will enter...
Bronswick Reicin Pollack Announces Merger
October 1, 2012 Jeffrey D. Bronswick, CPA, MBA JEFFREY D. BRONSWICK is the Managing Partner of Bronswick Reicin Pollack, Ltd. – Certified Public Accountants and Business Advisors (BRP). BRP works closely with entrepreneurial clients in helping guide their...
** Important Information on Dramatic Tax Law Changes for 2013 **
Dear Friends, Dramatic tax increases scheduled to go into effect in 2013 make 2012 tax planning imperative. The following taxes may be impacted: Not only are the Bush Administration tax cuts set to expire, but a new 3.8 percent surtax on investment income and a...
Starting a Business – three key items you need to consider to be successful
By: Michael Brody, CPA Having a great idea is not the only thing you will need when starting a business. Here are three important items all future business owners need to consider before they open their doors. Choice of Entity: There are several different types of...
Low Hanging Fruit – Tax Benefits to Improve Cash flows for Restaurant Owners
By: Jeffrey Bronswick, CPA, MBA In an ever changing business environment where food prices are rising, competition is increasing and margins are shrinking, it is important to take advantage of all of the tax benefits available to help restaurant owners. However,...
IRAs Inherited by Persons Other than a Spouse
By: Jack Knopoff (JKnopoff@BRP-CPAs.com) August, 2012 A tax case just came across my desk indicating that an inherited IRA distribution from a taxpayer's deceased mother’s IRA was determined to be taxable income. The daughter had attempted to rollover the IRA...