The deadline is approaching for private companies to begin reporting using the new revenue recognition standard, and many may find themselves confronting the new standard a lot sooner than they had expected. Almost all companies will be affected to some extent by the new guidance, though the effect will vary depending on industry and current…
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What is the easiest way to reduce the cost of your employee benefits? Take a second look at your Group Disability and Life Insurance. Most employers and insurance advisors concentrate their time on reducing the cost of health insurance. Health insurance requires an enormous amount of time and energy. ACA and the current political climate…
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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 active management options, there are are passive ownership solutions as…
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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 year, with projected 2020 legalized sales of approximately $21.8…
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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. Susan is experienced with a diverse set of clients…
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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 planning, compliance and controversy for corporations, partnerships, privately held…
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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 on audit, reviews and compilations, accounting department design…
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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 findings from a recent survey of over 2,000 CFOs in the…
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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 typically due a month earlier? Yes. Such returns were…
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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…
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