Brown CPA News

Someday, all of this will be yours! Revocable Trusts are often better than will for succession planning.

June 7th, 2016

Revocable Living Trusts offer advantages compared to wills for transferring wealth to beneficiaries that we will discuss together today. Next week we will discuss the disadvantages of Revocable Living...

Don’t Book That Overseas Vacation If You Owe The IRS–Your Passport May Be Revoked!

April 26th, 2016

Congress passed The FAST Act in December 5, 2015 – the “Fixing America’s Surface Transportation Act” to improve United States infrastructure. In addition to the many provisions regarding infrastructure...

S-Corps save Business Owners Money!

April 20th, 2016

S-Corps Save Business Owners Money! The primary benefit of an S corporation is that an S corporation minimizes employment taxes. An S corporation election allows a business owner...

DO YOU NEED A NEW ACCOUNTANT? — Now is the time to make the change!

March 8th, 2016

Your accountant is your most trusted business adviser. They are often the only knowledgeable external third party available to intelligently discuss internal challenges. Many business owners feel it’s time...

Tax Time means Cyber Crime time. Computer Security is a must!

February 15th, 2016

Keep your personal tax information secure at tax time when you file on-line! A few key practices can help keep your tax data secure – here’s how… Brown CPA...

Your Accountant can help you avoid costly penalties that both small and large companies can be faced with when setting up employer health coverage for employees.

February 9th, 2016

Strategy No. 7: Avoid Employer Penalty on Paying or Reimbursing Employee Health Premiums The 2010 Affordable Care Act (ACA) contains restrictions on employer-provided group health plans starting in 2014....

Tax Tip Tuesdays No. 5: Announcing a 2 new convenient options for our clients “Share File” and “Right Signature”

January 26th, 2016

We recognized the inconvenience of traveling to our Northbrook office to drop off documents and/or to sign final returns. We need your documents in order to start preparing your...