847.509.4100

Client Portal

Brown CPA News

2018 TAX POCKET GUIDE AND TAX-CUTTING CHECKLIST

March 5th, 2018

Looking ahead to your 2018 taxes?   The 2018 Tax Pocket Guide is now available which includes 2018 tax brackets, filing deadlines, exemptions, and phase-out thresholds. Plus, a handy list...
Read More

TAX REFORM DESTROYS ENTERTAINMENT DEDUCTIONS FOR BUSINESS

January 16th, 2018

First, lawmakers reduced the directly related and associated entertainment deductions to 80 percent with the 1986 Tax Reform Act. Later, in 1993, they reduced that 80 percent to 50...
Read More

FILING SEASON FOR THE 2017 TAX YEAR

January 9th, 2018

Filing season for the 2017 tax year will begin on Jan. 29, the Internal Revenue Service announced. The date marks the time the IRS will be accepting both electronic...
Read More

TAX REFORM UPDATE

December 21st, 2017

After being forced to vote a second time on the sweeping tax reform package due to last minute revisions, the House gave its final stamp of approval to the bill on...
Read More

IDENTITY THEFT – WHAT YOU SHOULD KNOW

October 2nd, 2017

The Equifax breach: what you should know In September, major credit reporting agency Equifax disclosed a data breach that potentially affected roughly 143 million Americans. Are you worried about...
Read More

DO YOU NEED A SAFE DEPOSIT BOX?

January 1st, 2017

Though you may have thought bank safe deposit boxes no longer existed, these secure containers are still around, and can be useful for storing difficult to replace items, such...
Read More

DON’T LET THE “WASH SALE” RULE RUIN YOUR TAX PLANNING

December 5th, 2016

As the end of another year approaches, you’re looking for ways to reduce your tax bill. You have a handful of stocks in loss positions. You like the stocks...
Read More

DATA SECURITY IS AN ESSENTIAL PART OF CUSTOMER CARE

November 28th, 2016

Security breaches of confidential data capture the global news headlines on a daily basis. Identity theft has become so commonplace that credit card companies and banks market their protection...
Read More

THE TAXING SIDE OF DIVORCE

November 21st, 2016

Getting divorced? Amid all the upheaval, taxes are not likely to be foremost on your mind. Yet overlooking the tax consequences can be costly. Here are some of the...
Read More

QUESTIONS TO ASK BEFORE SIGNING A BUSINESS LOAN

November 14th, 2016

Are you thinking of taking out a loan to buy new machinery or additional inventory for your business? Before you sign that loan document or credit application, consider the...
Read More