Why do business owners need a transition plan?
Jan 23, 2019 2:22 PM -
Why do business owners need a transition plan? There are six core reasons.
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Retirement on the horizon: A financial planning checklist
Jan 15, 2019 1:00 AM - Retirement is one of the biggest events you will experience in your lifetime and requires you to have a retirement checklist to plan your finances correctly. Here is a retirement checklist of items to consider as you are trying to plan for your life after work. -
The resurrection of Al Capone? Tax charges make an effective weapon in combatting modern day crime
Dec 19, 2018 4:38 PM - Murder, bootlegging, bribery, intimidation. All of these are crimes notorious Chicago gangster Al Capone committed. Yet, in the end, what brought him down was a much simpler, much less violent crime--tax evasion. -
The next step: Do you have the right people in place?Dec 14, 2018 1:00 AM - Whether your business is positioned for growth or your exit, personnel decisions can weigh heavily on the process. If you're on the growth track, you'll need to know whether you have the right resources in place to support your growth plan.
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A Weighty Question for Employers: Is it Illegal to Discriminate Against Employees Because of Obesity?
Nov 14, 2018 11:34 AM - Since the passage of the Americans with Disabilities Act ("ADA"), one of the issues which continues to perplex employers is whether obesity is a disability under the Act. The answer to this question is important for many reasons. -
Weiss & Company LLC celebrates 50th anniversary in styleNov 12, 2018 1:00 AM - Last month, a crowd of over 300 gathered at The Glen Club in Glenview to celebrate the 50th anniversary of Weiss & Company LLP, one of the area's most enduringly successful accounting firms.
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The most ignored retirement assetNov 12, 2018 1:00 AM - The main goal of someone when they retire is to make sure they have protected the Longevity of their money, they can maintain a Lifestyle they are accustomed, to have the Liquidity needed to maintain that lifestyle, and to leave a Legacy to their heirs.
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Switching accounting methods can provide instant tax savings for manufacturers
Nov 9, 2018 1:00 AM - As a manufacturer or distributor, you probably determine taxable income using the accrual method of accounting but switching accounting methods can provide tax savings. In the past, anyone with inventory was generally required to file tax returns under the accrual method. The Tax Cuts and Jobs Act changed this requirement in 2018. Under the new tax law, manufacturers can now switch to the cash basis for tax reporting if gross revenue is under $25 million. The new tax law provides many advantages for manufacturers. -
KRB to merge operations with Weiss & Company LLPNov 2, 2018 1:00 AM - Kipnis, Rosen & Bloom, Ltd. of Skokie, is merging its practice and operations with Glenview-based Weiss & Company LLP, according to a joint statement released from the two privately held independent CPA firms.
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Entrepreneurs as builders of Chicago -- The Ready City
Oct 23, 2018 8:43 AM - Chicago, I love. Who wouldn't? Chicago is a stunningly beautiful and lovable city. Many of Chicago's neighborhoods and suburbs are its diamond necklace. Others are its noose.
Business Insights
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Handling employee complaints about coworker harassment: Just how effective is your prompt and effective corrective action?As an employer, when it comes to compliance with employment laws and regulations, you strive to do everything right. But as a recent case makes clear, an employer who does everything can still be found liable for allowing a hostile work environment to persist. -
Embracing the total rewards conceptTwo recent MRA Hot Topic Surveys indicated that while competitive pay and employer-sponsored health insurance remain two of the most valued employee benefits,
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